Analyst Research Report Snapshot

Title:

ANTOFAGASTA - Q3 FINANCIALS LARGELY A NON-EVENT

Price:

$10.00

Provider:

Edison Investment Research

Date:

15 Nov 2013

Pages:

4

Type:

AcrobatPDF

Companies referenced:

ANTO.L

Available for Immediate Download
Summary:

There are no surprises in Antofagasta's Q313 financial report, with revenues and EBITDA for the nine months to 30 September and attributable net cash at 30 September all in line with our forecasts. Sales volumes, cash costs, realised prices and provisional pricing adjustments were already reported, making the Q313 financial report largely a non-event. Based on the nine-month production and cost figures, we expect Antofagasta to achieve FY13 guidance of 700kt copper production and US$1.40/lb cash costs. Our valuation of Antofagasta is 661p/share at a 10% discount rate and 721p/share at a 9% discount rate.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.