Q: With the release of the 4th Q are you more or less comfortable with this being a part of your growth portfolio?
If comfortable... would you add, bringing it up to a full position?
If comfortable... would you add, bringing it up to a full position?
5i Research Answer:
EPS of $0.1 missed estimates of $0.133 and sales of $685M beat estimates of $655.69M. Copper production increased 8% in the quarter, and it recorded lower production costs. Net profits grew decently year-over-year, and its operating cash flow was strong at $287.3M. Growth is expected in 2027 as expansion projects advance. The stock is down today, but so are most stocks in the market and the price of copper is down 2% as of writing. We continue to like the name, we have it in the Growth model portfolio, and we would be comfortable holding here, but we would prefer to wait until things settle to begin adding to a position.