The second half of 2018 was difficult for commodity investors, with market turmoil and concerns around slowing global growth hitting sentiment considerably.
We are by no means out of the woods yet, with many macro concerns remaining in place indefinitely. However, in their review of the next 12 months, many analysts have highlighted favourable supply/demand trends and underlying fundamental strengths across numerous metal markets.
With this in mind, could today’s low prices present a compelling buying opportunity for investors? Here, we look at the outlook for several metals and highlight some stocks that are likely to be impacted.
Another potential opportunity in the copper market is Metal Tiger (LON:MTR). Last year saw the firm sell off its stake in the T3 project to JV partner MOD Resources. Like most of Metal Tiger’s portfolio, T3 is located in Botswana’s Kalahari Copper Belt (KCB). As part of the deal, the two businesses have started a new JV focused on exploration in the KCB. The venture holds permits covering 8,000km2 of ground in the prospective area.
Metal Tiger plc (LON:MTR) is listed on the London Stock Exchange AIM Market with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.