Antofagasta Full Year - Willu Invest


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    Antofagasta Full Year

    Full Year results stated:

    Antofagasta reported EBITDA (earnings) jumped 59.1% to $2.59bn last year buoyed by rising copper prices and sales which helped offset lower gold revenue
    A final dividend of 40.6 cents per share was declared, bringing the total dividend for the year to 50.9 cents per share, a 177% increase compared to 2016
    Revenues increased 31.1% to $4.75bn
    Gold production fell 21.6% to 212,400 ounces while gold sales slipped 19.6%
    Copper production is expected to grow quarter-by-quarter through the year as grades improve
    52 week range: 751p – 1061p

    As of 8.02am the stock was trading up c.2.16% at c.907p

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