Copper deficit drives price rally, mining stocks benefit

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

Copper prices (HG=F) have soared to an 11-month high, fueling a rally in mining stocks. RBC Capital Markets Mining Analyst Sam Crittenden joins Yahoo Finance...

) have soared to an 11-month high, fueling a rally in mining stocks. RBC Capital Markets Mining Analyst Sam Crittenden joins Yahoo Finance Live to discuss his bullish outlook on the precious metal.

According to Crittenden, the copper rally"has been expected for a few months now." He highlights that supply disruptions during the fourth quarter of 2023 transformed what was anticipated to be a surplus in 2024 into a deficit, which has"driven these higher prices.

The frugal life of Warren Buffett: How the billionaire spends his fortune, from McDonald's breakfasts to a rare and 'indefensible' splurge Discover how Warren Buffett amassed his $136 billion net worth, which is up by almost $16 billion this year, and how he spends his fortune.These three no-brainer stocks are excellent buys for a balanced portfolio. The post 3 No-Brainer Stocks to Buy With $200 Right Now appeared first on The Motley Fool Canada.

Are you looking for stocks that you can confidently invest in right now? Here are my five top picks! The post 3 Stocks You Can Confidently Invest $500 in Right Now appeared first on The Motley Fool Canada.In this article, we discuss 12 best 5% dividend stocks to buy according to hedge funds. You can skip our detailed analysis of dividend stocks and their historical performance, and go directly to read 5 Best 5% Dividend Stocks To Buy According To Hedge Funds.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

RBC analyst picks top TSX stocks by value, growth and price momentumDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Fuente: globeandmail - 🏆 5. / 92 Leer más »