Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM Team, In previous opinion pieces on Sandfire Resources you have mentioned the miner is "arguably fully priced with copper at its current level". Are you able to provide your opinion on buying ASX:WIRE as a diversified play on copper miners compared to Sandfire Resources? Thanks, Mitch
Hi Mitch,
Were bullish on both Sandfire (SFR) and and the copper ETF WIRE, so far in 2024 SFR is up +21.4% whereas WIRE is outperforming 27.7% Assuming we are correct and copper continues to rally through 2024/5 both should benefit.
Currently WIRE’s three largest holdings are overseas names Lundin Mining Corp 6%, Antofagasta PLC +5.9%, and Ivanhoe Mines 5.8%.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
