Altius Minerals Is Placed On The Sell List

Alberto Abaterusso
1.94K Followers

Summary

  • 2023 will be a challenging year for potash, copper and iron ore operators.
  • Altius Minerals is not expected to perform well as 80% of its business is exposed to potentially underperforming commodities.
  • At current levels, which are not low, investors should consider selling some shares of Altius.

Warehouse of potash fertilizer plant production.

Elena Bionysheva-Abramova

Price Outlook for Potash, Copper and Iron Ore

For operators that exploit the following markets: potash, copper and iron ore, 2023 is not likely to be favorable as certain macroeconomic and geopolitical headwinds will be strong enough to create downward

This article was written by

1.94K Followers
Alberto holds a Master's degree in Business Economics. During his academic career he acquired an extensive managerial and economic background, with a solid quantitative basis. He covers all sectors and the different types of stocks. Essentially describes a useful investment strategy that fits the profile of any investor, whether they are dividend investors or interested in a value proposition or growth opportunity.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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