IVN a preferred pick at RBC, This AM 08:19 AM EDT, 04/19/2024 (MT Newswires) -- RBC Capital Markets on Friday outlined its insights for the materials sector in the second-quarter edition of its Canadian Equity Chart Book.
RBC remains upbeat on copper equities amid a positive multi-year outlook for copper driven by tight supply and growing demand from electrification.
RBC said its preferred copper producers include Teck Resources Ltd. (TECK-B.TO), Ivanhoe Mines (IVN.TO), Capstone Copper (CS.TO) and Hudbay Minerals (HBM.TO).