-
Hudbay Minerals Inc. (HBM $33.79)
-
Capstone Copper Corp. (CS $15.72)
-
Ero Copper Corp. (ERO $41.82)
-
Global X Copper Miners ETF (COPX $84.68)
Q: Copper has shown a remarkable run, over past 6-9 months and Technical analysts like the move, and believe. it has lot more room to go, after almost a 10 year consolidation.
We took an exposure to Copper, through Hudbay Minerals, with an initial 1% position, during the pull back earlier this week.
What are your thoughts on the commodity/miners and what would be a reasonable weighting in a portfolio similar to 5i Balanced ?
Dou you like HBM ? Or, you would prefer to have Copper exposure through COPX, or any Large/Mid Cap Canadian names and why ?
Thank You
We took an exposure to Copper, through Hudbay Minerals, with an initial 1% position, during the pull back earlier this week.
What are your thoughts on the commodity/miners and what would be a reasonable weighting in a portfolio similar to 5i Balanced ?
Dou you like HBM ? Or, you would prefer to have Copper exposure through COPX, or any Large/Mid Cap Canadian names and why ?
Thank You
5i Research Answer:
Copper is doing well as demand for the commodity increases while supply is a bit tighter on some...