Stock price when the opinion was issued
He doesn’t follow this closely and doesn’t know why it is down so much. Copper has been very strong. This is a small, single asset name. If you want to play copper and its relative strength, Teck Resources (TECK.B-T) and First Quantum (FM-T) are good names and are much less risky than in the small-cap mining space.
Base metals in general might be in a better position later in the year. This one has had some ramp up issues. Not uncommon. Mill issues and not getting the right throughput. It is a candidate for a re-rating as they show the throughput. Don’t be in a big rush.