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Monday's analyst upgrades and downgrades - The Globe and Mail

Monday's analyst upgrades and downgrades - The Globe and Mail
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Which ASX mining shares can take advantage of soaring copper prices?


Which ASX mining shares can take advantage of soaring copper prices?
Kerry Sun | April 27, 2021 1:50pm |
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While ASX mining shares such as
BHP Group Ltd(ASX: BHP) are diversified producers with copper production, here are the pure copper majors and juniors of the ASX. 
Copper majors 
Oz Minerals is the largest copper-focused ASX share with a market capitalisation of approximately $8 billion. Its shares have soared alongside copper prices, up 26% year-to-date and more than 150% in the past 12-months to record territory. 
The company delivered a mixed first-quarter update with the softer copper product due to its Carrapatenna mine switching contractors, which lowered fleet availability and grades. Despite quarterly production potentially missing expectations, the company believes it is on track to meet its FY21 production guidance. ....

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Wednesday's analyst upgrades and downgrades - The Globe and Mail


The Globe and Mail
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Inside the Market’s roundup of some of today’s key analyst actions
Bausch Health Companies Inc. (BHC-N, BHC-T) is likely to “change dramatically” over the next 12-18 months, according to RBC Dominion Securities’ Douglas Miehm, who thinks the market is “only starting to understand the value that could be surfaced.”
After being “on the sidelines for more than five years,” the equity analyst now sees the path to the expected spin off its eye-care business and thinks the “implications of possible divestitures provide near-term upside potential.” ....

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