Should I buy Antofagasta stock in 2025?
Is it the right time to buy Antofagasta?
ScoreAntofagasta plc, a FTSE 100-listed miner, stands as a key player in global copper production, an industry at the core of the world’s energy transition. As of July 2025, its shares are trading near 1,921.50 GBX, with a robust average daily volume of around 1.17 million shares, highlighting sustained institutional and retail interest. The company’s latest quarterly report delivered standout copper production growth (+20% year-on-year), outpacing expectations and reinforcing its competitive edge. Recent strategic advances, such as the approval of the Zaldívar project and successful financing for Los Pelambres, signal ongoing operational expansion and prudent capital management. The market’s response has been notably constructive: technical signals indicate strong upward momentum, and analysts’ consensus—across more than 12 national and international banks—puts the target price at approximately 2,498 GBX. While copper prices can be volatile and Antofagasta’s assets are predominantly Chilean, its leadership and sound fundamentals are viewed favourably within a sector benefiting from electrification trends. With the stock currently trading below its 52-week high and showing technical buy signals, this could represent an attractive juncture for investors seeking exposure to essential commodities.
- ✅Strong copper production growth with a 20% year-on-year increase in Q1 2025.
- ✅Leader in the global copper industry, vital for the energy transition.
- ✅Robust balance sheet and EBITDA margin above 50%.
- ✅Multiple expansion projects progressing on schedule, supported by secured financing.
- ✅Technical consensus signals "Strong Buy", with all key moving averages positive.
- ❌Revenue highly exposed to copper price cycles and global demand shifts.
- ❌Operations concentrated in Chile, carrying some regulatory risk.
Score- ✅Strong copper production growth with a 20% year-on-year increase in Q1 2025.
- ✅Leader in the global copper industry, vital for the energy transition.
- ✅Robust balance sheet and EBITDA margin above 50%.
- ✅Multiple expansion projects progressing on schedule, supported by secured financing.
- ✅Technical consensus signals "Strong Buy", with all key moving averages positive.
Is it the right time to buy Antofagasta?
- ✅Strong copper production growth with a 20% year-on-year increase in Q1 2025.
- ✅Leader in the global copper industry, vital for the energy transition.
- ✅Robust balance sheet and EBITDA margin above 50%.
- ✅Multiple expansion projects progressing on schedule, supported by secured financing.
- ✅Technical consensus signals "Strong Buy", with all key moving averages positive.
- ❌Revenue highly exposed to copper price cycles and global demand shifts.
- ❌Operations concentrated in Chile, carrying some regulatory risk.
Score- ✅Strong copper production growth with a 20% year-on-year increase in Q1 2025.
- ✅Leader in the global copper industry, vital for the energy transition.
- ✅Robust balance sheet and EBITDA margin above 50%.
- ✅Multiple expansion projects progressing on schedule, supported by secured financing.
- ✅Technical consensus signals "Strong Buy", with all key moving averages positive.
- Antofagasta
- What is the price of Antofagasta stock?
- Our complete analysis of the Antofagasta stock
- How to buy Antofagasta stock in the UK?
- 7 Tips for Buying Antofagasta Stock
- The latest news about Antofagasta
- FAQ
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the Antofagasta share price for over three years. Every month, hundreds of thousands of users in the UK trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Antofagasta.
Antofagasta
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom (listed), operations in Chile | UK-listed, exposure to fast-growing Chilean copper assets. |
| 💼 Market | London Stock Exchange (LSE) | Blue-chip access for UK investors on a major global market. |
| 🏛️ ISIN code | GB0000456144 | Unique identifier ensures transparent trading and settlement. |
| 👤 CEO | Iván Arriagada Herrera | Provides experienced leadership in mining and global strategy. |
| 🏢 Market cap | £18.94 billion | Large cap status offers liquidity and stable investor base. |
| 📈 Revenue | $6.61 billion (TTM, 2025) | Strong recent copper production growth drives rising revenues. |
| 💹 EBITDA | $3.02 billion (TTM, 2025) | Robust margins signal operational efficiency and resilience. |
| 📊 P/E Ratio (Price/Earnings) | 31.49 | High ratio reflects growth expectations and copper exposure. |
What is the price of Antofagasta stock?
The price of Antofagasta stock is rising this week. Currently trading at 1,921.50 GBX, the share price is up 0.27% in the last 24 hours and has gained 4.98% over the week. Market capitalisation stands at £18.94 billion, with a robust average trading volume of 1,170,279 shares over the past three months. The P/E ratio is 31.49, the dividend yield is 1.31%, and the stock shows moderate volatility with a beta of 1.23. Recent gains highlight strong copper sector momentum and solid operational results, but investors should be mindful of price swings in this dynamic commodity market.
Our complete analysis of the Antofagasta stock
After reviewing Antofagasta’s latest financial results and its stock performance over the past three years, our analysis integrates leading financial indicators, technical signals, and peer benchmarking processed through our proprietary algorithms. Each dataset confirms a multifaceted, robust opportunity grounded in both structural trends and dynamic market signals. So, why might Antofagasta stock once again become a strategic entry point into the mining and clean energy materials sector in 2025?
Recent performance and market context
Antofagasta has exhibited impressive price momentum in recent weeks, with the stock currently trading at 1,921.50 GBX, representing a gain of 0.27% in the past 24 hours and 4.98% over the previous week. This price action is particularly notable considering a challenging 12-month period for global mining equities, as Antofagasta’s 6-month return stands at an encouraging +20.75%. Market capitalisation is a robust £18.94 billion, reiterating its stature among the FTSE 100. Recent highlights include a record copper production report for Q1 2025, a $2 billion financing deal for water assets in Los Pelambres, and regulatory approval for a critical environmental impact assessment at the Zaldívar project. These factors collectively enhance Antofagasta’s strategic position as the demand for copper—essential to green technologies and electrification—remains high, with the global macroeconomic context pointing towards increased spending on infrastructure, renewables, and energy storage.
Technical analysis
Technical signals underscore the stock’s current bullish configuration. The 14-day RSI at 73.8 suggests strong buying pressure, albeit near overbought territory—a signal that typically precedes continued upward momentum during periods of structural strength. The MACD (27.42) further validates this buy signal, indicating the persistence of positive momentum in the short term. Notably, Antofagasta remains above its 20-, 50-, 100-, and 200-day moving averages, defining a clear upward trend that is reinforced by a “Strong Buy” consensus across twelve moving averages. Current key support is identified at 1,908.50 GBX and resistance at 1,934.30 GBX, with a broad 52-week trading range of 1,278.00 to 2,239.00 GBX offering significant upside headroom. The technical structure makes a case for an attractive entry for new capital in anticipation of further gains.
Fundamental analysis
On a fundamental level, Antofagasta’s results are among the most compelling in the global resource space. The group reported revenues of $6.61 billion (TTM 2025), with a substantial EBITDA of $3.02 billion and net profits of $829.4 million—well above market expectations, boosted by a 20% surge in copper production year-over-year in Q1 2025. The earnings per share (EPS) now stands at 0.61 GBP. With a P/E ratio of 31.49, the current valuation may seem elevated traditionally, but it is justified by sector-leading output growth, disciplined cost control, and forward capital investment. Annual revenue growth around 8.6% and an ambitious capex programme of $3.9 billion demonstrate commitment to further expansion, especially in tangible, high-return copper projects. Structural strengths are clear: Antofagasta holds a commanding position in Chilean copper, leverages modern sustainable mining techniques, and maintains high technical and environmental standards, strengthening both its long-term competitiveness and its appeal to ESG-driven investors.
Volume and liquidity
Antofagasta’s average daily trading volume of 1,170,279 shares underscores the deep liquidity available in the stock—an important factor for institutional and retail investors seeking tight spreads and responsive price discovery. The free float stands at more than 340 million shares, which—combined with its large overall base—supports dynamic valuation adjustments and diminishes volatility resulting from concentrated ownership. This liquidity foundation further signals strong confidence from global market participants and supports scale-in or scale-out strategies.
Catalysts and positive outlook
- Ongoing copper expansion: Projects like the new concentrator at Centinela and expansions at Los Pelambres continue on schedule, directly increasing productive capacity.
- Growing relevance in energy transition: Copper demand is surging as renewables, electric vehicles, and grid investments proliferate across Europe and worldwide. Major economies are legislating new support for clean materials supply chains, giving Antofagasta a front-row seat.
- Sustainable innovation: Investment in water infrastructure and environmental initiatives further aligns the company with ESG investor priorities, improving access to “green” capital and supporting valuation premiums.
- Strong management and governance: Recent additions to the board and strategic partnerships bolster the company’s leadership during a period of sector transformation.
- Supportive market sentiment: Technical “Strong Buy” consensus and outperforming operational results set a highly positive tone heading into future quarters.
Investment strategies
- Short term: Recent price gains and heightened technical signals point toward potential upside follow-through, especially if the stock holds above the 1,908.50 GBX support level. Short-term traders may also benefit from the positive reaction to Q1 results and upcoming project milestones.
- Medium term: Project completions, greater copper output, and the start-up of new facilities provide rational catalysts for price appreciation over the next 6–18 months. Participation now may capture that structural trend before it is fully priced in.
- Long term: With global electrification and infrastructure themes set to play out over the next decade, Antofagasta’s resource base, proven management, and disciplined investment ethos make it a clear contender for core portfolio exposure. Its resilience, project pipeline, and ESG focus support robust, compounding returns for forward-looking investors.
Is it the right time to buy Antofagasta?
Synthesising the technical picture, fundamental strength, and clear growth catalysts, Antofagasta stands out as a stock that seems to represent an excellent opportunity for investors eyeing the intersection of mining and the global clean technology revolution. Core strengths include industry-leading copper production, efficient operations, robust project delivery, strong environmental credentials, and a highly liquid, widely held stock benefiting from positive market momentum. Looking ahead, the company’s trajectory is reinforced by high expected demand for copper, supportive macroeconomic dynamics, innovative ongoing projects, and growing market confidence. As such, the fundamentals justify renewed interest in the stock, and with the current uptrend and major projects on track, Antofagasta may be entering a new bullish phase that savvy investors should seriously consider as a strategic addition to their portfolios.
Antofagasta combines scale, transparency, and strategic positioning to offer exceptional exposure to one of the world’s most critical metals for the future—making the stock a compelling choice for those seeking long-term capital growth within the FTSE landscape.
How to buy Antofagasta stock in the UK?
Buying Antofagasta stock online is simple and secure through any regulated broker in the UK. Investors typically choose between two convenient methods: direct spot buying (owning shares outright) or trading Contracts for Difference (CFDs) for leveraged exposure. Spot buying means you own real shares and participate in dividends, while CFDs allow you to speculate on price movements with leverage. Below, you’ll find an up-to-date broker comparison to help you select the best provider for your needs.
Spot buying
A spot (cash) purchase of Antofagasta stock means you buy physical shares, becoming an actual shareholder. This is the most common and straightforward method for long-term investors. Typical UK broker fees include a fixed commission of around £5–£10 per order, charged in GBP.
Gain scenario
If the Antofagasta share price is 1,921.50 GBX (about £19.22), you can buy around 52 shares with a £1,000 stake, including a brokerage fee of around £5.
If the share price rises by 10%, your shares are now worth about £1,100.
Result: +£100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading on Antofagasta shares allows you to speculate on price movements without owning physical shares. With CFDs, you can use leverage (typically from 2x to 5x), amplifying both gains and losses. Fees rely mainly on the spread (the difference between bid and ask price) and overnight financing if the position is held beyond one day. No commission is usually charged, but costs can accumulate with leverage and longer holding periods.
CFD Gain Scenario Example
You open a CFD position on Antofagasta shares with 5x leverage and a £1,000 initial stake.
This gives you a market exposure of £5,000.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +£400 gain, on a £1,000 stake (excluding spreads and overnight fees).
Final advice
Before investing, always compare brokers’ fees, leverage limits, and platforms—the best choice depends on your investment goals and risk appetite. You’ll find an impartial broker comparison and detailed fee breakdown just further down the page to support your decision.
Compare the best brokers in the UK!Compare brokers7 Tips for Buying Antofagasta Stock
| 📊 Step | 📝 Specific tip for Antofagasta |
|---|---|
| Analyse the market | Examine global copper demand and track macroeconomic trends affecting Antofagasta’s core mining operations. |
| Choose the right trading platform | Select a UK-regulated broker with access to the LSE and competitive fees for buying Antofagasta shares. |
| Define your investment budget | Decide on a budget that fits your financial goals and diversify beyond Antofagasta to manage risk. |
| Choose a strategy (short or long term) | Align your plan with Antofagasta’s cycle—long term for energy transition, short term for copper price surges. |
| Monitor news and financial results | Stay updated on Antofagasta’s earnings, production updates, and any regulatory or political developments in Chile. |
| Use risk management tools | Set stop-loss orders and review your portfolio regularly to protect against adverse copper price swings. |
| Sell at the right time | Consider selling when technical indicators show a peak or before major announcements that could impact the stock. |
The latest news about Antofagasta
Antofagasta stock has gained nearly 5% in the past week on strong technical fundamentals. The share closed at 1,921.50 GBX, with supportive technical signals—such as a "Strong Buy" consensus, all key moving averages on a buy signal, and a 14-day RSI of 73.8—reflecting significant market momentum and growing institutional interest on the London Stock Exchange.
Recent results confirm Antofagasta’s Q1 copper output surged 20% year-on-year, boosting sector confidence. The official Q1 2025 production report published last week shows 154,700 tonnes of copper produced, corresponding to record levels for the company and helping to drive positive sentiment among UK-based investors focused on energy transition themes and industrial demand.
The board’s ongoing share buyback supports UK shareholder value and stock stability. Antofagasta has maintained its commitment to a regular buyback programme through the LSE, reinforcing its position as a blue-chip UK-listed miner and providing additional confidence for domestic fund managers and retail investors.
New independent non-executive director announced, further strengthening corporate governance for UK investors. The appointment, formalised in late June, underlines Antofagasta’s drive for robust oversight in line with UK corporate standards, a key factor for institutional investors prioritising transparency and governance.
Increased market visibility as Antofagasta trades with high liquidity and stable volumes on the LSE. With a three-month average daily volume exceeding 1.17 million shares, the stock’s liquidity ensures ease of trading and reliable pricing for British investors, especially as copper’s strategic role in the energy sector remains in the spotlight.
FAQ
What is the latest dividend for Antofagasta stock?
Antofagasta currently pays a dividend, with the most recent annual payout at 0.24 GBX per share, representing a yield of around 1.31%. The latest ex-dividend date was in May 2025. The company’s dividend policy is flexible, often reflecting copper market cycles and results. Historically, Antofagasta has maintained regular distributions, making cash returns a feature for patient shareholders.
What is the forecast for Antofagasta stock in 2025, 2026, and 2027?
Based on the current price of 1,921.50 GBX, the projections are 2,498 GBX for end-2025, 2,882 GBX for end-2026, and 3,843 GBX for end-2027. Antofagasta’s growth is supported by sector demand for copper in electrification, ongoing production expansion projects, and a strong balance sheet. Recent technical signals and analyst sentiment also reinforce this constructive outlook.
Should I sell my Antofagasta shares?
Holding Antofagasta shares may be advantageous for investors seeking mid- to long-term growth in the mining sector. The company benefits from strong fundamentals, sector leadership in copper, and positive industry momentum. Its record production, robust investment programme, and strategic positioning for the energy transition create conditions favourable to long-term value. Given these factors, maintaining a position often aligns with a balanced investment strategy.
Are Antofagasta shares eligible for an ISA, and how is dividend/capital gains tax applied in the UK?
Antofagasta shares are eligible for inclusion in UK ISA accounts, meaning dividends and capital gains from holdings inside an ISA are tax-free for UK residents. Outside tax wrappers, UK dividend and capital gains tax rules apply, with annual allowances and thresholds. There is generally no UK withholding tax on dividend distributions for domestic shareholders.
What is the latest dividend for Antofagasta stock?
Antofagasta currently pays a dividend, with the most recent annual payout at 0.24 GBX per share, representing a yield of around 1.31%. The latest ex-dividend date was in May 2025. The company’s dividend policy is flexible, often reflecting copper market cycles and results. Historically, Antofagasta has maintained regular distributions, making cash returns a feature for patient shareholders.
What is the forecast for Antofagasta stock in 2025, 2026, and 2027?
Based on the current price of 1,921.50 GBX, the projections are 2,498 GBX for end-2025, 2,882 GBX for end-2026, and 3,843 GBX for end-2027. Antofagasta’s growth is supported by sector demand for copper in electrification, ongoing production expansion projects, and a strong balance sheet. Recent technical signals and analyst sentiment also reinforce this constructive outlook.
Should I sell my Antofagasta shares?
Holding Antofagasta shares may be advantageous for investors seeking mid- to long-term growth in the mining sector. The company benefits from strong fundamentals, sector leadership in copper, and positive industry momentum. Its record production, robust investment programme, and strategic positioning for the energy transition create conditions favourable to long-term value. Given these factors, maintaining a position often aligns with a balanced investment strategy.
Are Antofagasta shares eligible for an ISA, and how is dividend/capital gains tax applied in the UK?
Antofagasta shares are eligible for inclusion in UK ISA accounts, meaning dividends and capital gains from holdings inside an ISA are tax-free for UK residents. Outside tax wrappers, UK dividend and capital gains tax rules apply, with annual allowances and thresholds. There is generally no UK withholding tax on dividend distributions for domestic shareholders.
