North American banks at odds over copper outlook

MINING investors are growing increasingly twitchy about the recent rally in metals prices – especially copper – and are looking to shield against downside risk, suggesting the cycle may be approaching – or have already reached – a peak, BMO Capital Markets said overnight.

North American banks at odds over copper outlook North American banks at odds over copper outlook North American banks at odds over copper outlook North American banks at odds over copper outlook North American banks at odds over copper outlook

BMO believes the large cap copper players are set to retreat in value after a strong rally

BMO pointed to a number of investor meetings it held over the past week.

topics

loader