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Resources Top 5: These ASX copper stocks are painting the town red – Stockhead
The copper price is at its highest point since June 2018, driven by China’s post-COVID stimulus and a more general recovery in global economic activity. Like iron ore – which just hit six-year highs – copper prices can be used to measure market sentiment and …
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The copper price is at its highest point since June 2018, driven by Chinas post-COVID stimulus and a more general recovery in global economic activity.
Like iron ore which just hit six-year highs copper prices can be used to measure market sentiment and the perceived health of the global economy.
Strong copper price = bullish sentiment.
The LME copper price over the past +2 years.
But we also need a lot more copper going forward. These explorers (and many others) are…
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