Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,717.00p
   
  • Change Today:
    -83.00p
  • 52 Week High: 3,444.00
  • 52 Week Low: 2,354.50
  • Currency: UK Pounds
  • Shares Issued: 1,346.19m
  • Volume: 3,823,780
  • Market Cap: £36,576m
  • RiskGrade: 209
  • Beta: 2.26

Arc Minerals exclusivity agreement with Anglo American lapses

By Josh White

Date: Friday 09 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Arc Minerals announced on Friday that the exclusivity agreement with Anglo American, signed on 13 July 2020, had now lapsed.
The AIM-traded firm did say discussions with the FTSE 100 mining giant had been positive, however, and were continuing.

Against a backdrop of "very strong" copper fundamentals, the company said it had been approached by a number of interested groups to start discussions regarding a potential commercial transaction.

"As we have always said, any transaction has to sufficiently compensate Arc shareholders for allowing a major to take over an asset which we believe has significant potential to become a major tier-one copper discovery," said chairman Nick von Schirnding.

"We will continue our discussions with Anglo American, which have been going well, but will also commence discussions with other major mining companies that have approached us.

"In the meantime, we continue with our very exciting drill programme and development of the Cheyeza East plant, against the backdrop of a very strong copper market."

At 0943 BST, shares in Arc Minerals were down 10.99% at 4.45p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Anglo American Market Data

Currency UK Pounds
Share Price 2,717.00p
Change Today -83.00p
% Change -2.96 %
52 Week High 3,444.00
52 Week Low 2,354.50
Volume 3,823,780
Shares Issued 1,346.19m
Market Cap £36,576m
Beta 2.26
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average
40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average
Income
93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Growth
8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 13
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Anglo American Dividends

  Latest Previous
  Special Interim
Ex-Div 19-Aug-21 19-Aug-21
Paid 24-Sep-21 24-Sep-21
Amount 80.00¢ 171.00¢

Trades for 03-Dec-2021

Time Volume / Share Price
16:44 1,436 @ 2,717.00p
16:35 1,172,771 @ 2,717.00p
16:29 342 @ 2,708.00p
16:29 37 @ 2,709.00p
16:29 230 @ 2,709.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

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