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home / news releases / ANFGF - Antofagasta: Strong Balance Sheet But No Competitive Advantage

ANFGF - Antofagasta: Strong Balance Sheet But No Competitive Advantage

Antofagasta Plc
  • Antofagasta is relatively overvalued and has high production costs relative to peers.
  • Management did a great job at building a strong balance sheet with net debt close to zero.
  • We are neutral as Antofagasta does not fit the profile we look for; however, copper prices seem to remain supported at these levels.

For further details see:

Antofagasta: Strong Balance Sheet But No Competitive Advantage
Stock Information
Company Name: Antofagasta Plc
Stock Symbol: ANFGF
Market: OTC
Website: antofagasta.co.uk
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