The ASX-traded WIRE ETF provides excellent exposure to over 40 global copper miners, including Australia. With the industrial metal advancing strongly, even with the Iran war remaining unresolved, we believe a re-rating on the upside is just a matter of time.
- We can see the WIRE ETF testing the $30 in the coming year, around 25% higher.
We are bullish towards the WIRE ETF around $24
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