Copper is hot and so are these 3 TSX companies | 2024-07-29 | Investing News

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  • Copper futures are up more than 22 per cent in the past six months
  • Lundin Mining recently declared a regular quarterly dividend
  • Since 2017, Ero Copper has added $26 per share
  • Invanhoe Mines is up more than 50 per cent on the year

Copper is up more than 22 per cent in the past six months. As we start the second half of year, we look at three copper companies that are flying high, riding the metal’s momentum in 2024.

Here are three TSX copper companies adding almost or more than 50 percent to their share prices on the year.

Lundin Mining Corp. (TSX:LUN) is up almost 50 per cent on the year. The company has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States, primarily producing copper, zinc, gold and nickel. The company owns a 70 per cent interest in the the Caserones mine in Chile, and on May 17 shares hit their highest price of C$17.80. The…

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