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Why have Canadian copper stocks retreated after copper prices hit record levels?
Shares of Canadian copper companies Ero Copper and HudBay Minerals fell sharply on Thursday, as the sudden drop in copper prices from their record highs triggered a broad selloff across mining-sector stocks, while investor concerns increased about U.S. tariffs on refined copper.
Ero Copper shares dropped 7.9% to C$48.70, after opening at C$49.48 and reaching a session low of C$47.80. HudBay Minerals shares also fell 7.3% to C$36.90, reflecting widespread pressure on Canadian copper-focused mining companies.#AppleRises3.56%AfterIPhoneDuoLaunch #IranBlocksStraitOfHormuz #伊朗封锁霍尔木兹海峡 #CPIWatch
#TRUUSDT
Why have Canadian copper stocks retreated after copper prices hit record levels?
Shares of Canadian copper companies Ero Copper and HudBay Minerals fell sharply on Thursday, as the sudden drop in copper prices from their record highs triggered a broad selloff across mining-sector stocks, while investor concerns increased about U.S. tariffs on refined copper.
Ero Copper shares dropped 7.9% to C$48.70, after opening at C$49.48 and reaching a session low of C$47.80. HudBay Minerals shares also fell 7.3% to C$36.90, reflecting widespread pressure on Canadian copper-focused mining companies.#AppleRises3.56%AfterIPhoneDuoLaunch #IranBlocksStraitOfHormuz #伊朗封锁霍尔木兹海峡 #CPIWatch
