Antofagasta plc with ticker (LON:ANTO) now has a potential upside of 14.6% according to Canaccord Genuity.
ANTO.L
Canaccord Genuity set a target price of 2,065 GBX for the company, which when compared to the Antofagasta plc share price of 1,802 GBX at opening today (10/02/2025) indicates a potential upside of 14.6%. Trading has ranged between 1,568 (52 week low) and 2,425 (52 week high) with an average of 878,869 shares exchanging hands daily. The market capitalisation at the time of writing is £18,179,197,548.
Antofagasta plc is a United Kingdom-based copper mining company with interests in transport. The Company’s operations are related to mining and exploration activities and the transport of rail and road cargo. The Company’s divisions include Mining and Transport. Through its Mining division, the Company owns and operates four mines: Los Pelambres is located in the Coquimbo Region of central Chile, and Centinela, Antucoya and Zaldivar, which are in the Antofagasta Region of northern Chile. These mines produce copper cathodes, copper concentrates and significant volumes of by-products. The Transport division provides rail and road cargo services in northern Chile, predominantly to mining customers, including the Company’s own operations. Ferrocarril de Antofagasta a Bolivia is the corporate name of its Transport division. In Chile, it is pursuing brownfield and greenfield projects, and in other countries, it has generative programs, identifying early-stage projects.
Antofagasta plc 14.6% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
Latest Company News
Antofagasta said Q1 2026 copper production fell 8% year on year to 143,000 tonnes, while net cash costs declined 30% to $1.08/lb due to stronger by-product credits. The company kept full-year production, cost and capital expenditure guidance unchanged.
Antofagasta plc recorded record EBITDA and a widened margin of 60.3% in 2025, supported by robust copper pricing and operational discipline, CEO Iván Arriagada said.
Antofagasta plc reported a 60% rise in EBITDA to $2.23 billion for the first half of 2025, with margins up 12 percentage points to 58.8% and underlying earnings per share more than doubling to 47.4 cents.
Discover Antofagasta plc's latest submissions, including the 2024 Annual Report, 2025 AGM Notice, and Sustainability Report, ensuring transparency and compliance.
Antofagasta PLC reports strong 2024 performance with 5% revenue growth and a widened EBITDA margin at 52%, reflecting robust financial health.
Antofagasta plc will announce its 2024 full-year financial results on 18 February 2025, with an investor meeting led by the CEO and CFO in London and online.
