Copper: Risk vs Reward
The post-Covid economic hangover has arrived. For copper this means equities have corrected, yet the metal is close to $4/lb. Markets have repriced risk, especially in small caps, but this is a short-term view. There is a case for investing while there is blood on the street, explains David Radclyffe, as he advises investors to position for a traditionally strong Q4. His preferred exposure is through more attractive and better value larger caps such as First Quantum Minerals and Lundin Mining Corp. He also upgrades 29Metals to a BUY given its better overall metrics to peers.
Edition: 138
- 24 June, 2022