Previous close | 64.500 |
Open | 63.550 |
Bid | 63.550 x 0 |
Ask | 63.600 x 0 |
Day's range | 62.850 - 63.850 |
52-week range | 55.750 - 75.100 |
Volume | |
Avg. volume | 413,587 |
Market cap | 165.81B |
Beta (5Y monthly) | 0.84 |
PE ratio (TTM) | 7.64 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.11 (3.32%) |
Ex-dividend date | 06 Mar 2024 |
1y target est | N/A |
The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' Zambian copper assets, two sources familiar with the matter told Reuters, in its drive to build an African copper mining empire. The unit of International Holding Company recently made an offer of more than $1 billion to buy a 51% stake in Konkola Copper Mines (KCM) from Indian billionaire Anil Agarwal-owned Vedanta, the sources said. The unit - International Resources Holding (IRH) - is racing to broaden its burgeoning copper mining business in Zambia after buying a 51% stake in Mopani Copper Mines in a deal worth $1.1 billion.
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