2024-07-18 16:45:00 ET
Many Canadian junior copper stocks are up significantly in 2024 thanks to a strong copper price .
The second quarter of 2024 saw carried-over momentum from March. Easing inflation and speculation of a manufacturing rebound fueled broad gains in commodity markets, helping to push COMEX copper prices to a record high of US$5.20 per pound, or US$11,464 per metric ton, on May 20.
Prices have found support over demand growth from energy sectors as wind and solar projects see greater uptake, particularly in China and India.
For further details see:
Top 5 Junior Copper Stocks on the TSXV in 2024