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Home » Tips » Stocks and Shares Tips » Anglo American: can iron ore and platinum drive further gains?

Anglo American: can iron ore and platinum drive further gains?

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Armchair Trader Pick: Tactical Trading

  • Anglo American (LSE:AAL)
  • Sector: Metals & Mining
  • Market cap: £45.2bn
  • Entry price: 3355
  • Target price: 3500
  • Stop loss: 10% (trailing)

Anglo American [LON:AAL] is heading for its Q4 production report, which will be closely watched. But that aside, the mining giant is fast becoming one of the darling big caps of the London market, even as the share trades at a five year high. Significantly, the share passed the levels it was trading at before the pandemic, in Q4 last year, and it really has not looked back.

 

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