ASX copper stocks have recorded 3 big hits this week

Nick Sundich Nick Sundich, November 4, 2022

ASX copper stocks have not been as popular with investors as lithium stocks recently. Copper has been plagued by China’s COVID zero policy and rising interest rates. But there have been some notable hits made by ASX copper explorers this week.

 

No time to do stock research, but you still want to invest?
 
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!

 

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY

 

 

Norfolk Metals leads the charge

Tasmanian-focused explorer Norfolk Metals (ASX:NFL) yesterday reported the intersection of native copper in the maiden drill test at its Roger River Project.

These were not formal assay results, these are coming in December. But the company did intersect visible copper and, in doing so in the first drilling hole, shareholders hope that further results will continue to deliver.

 

Other ASX copper hits this week 

Another solid result from an ASX copper stock came from American West (ASX:AW1). The Canadian focused explorer recorded assay results of 19m @ 2.08%, including 2m at 15.98% copper.

And this morning, Cosmo Metals (ASX:CMO) reported results from its Mt. Venn project in Western Australia: 13m @ 0.46% copper, including 1m @ 1.27% copper. Typically, any copper grade below 1.3% is considered lower grade. But it appears shareholders are willing to forgive this given WA’s lower sovereign risk.

 

 

No time to do stock research, but you still want to invest?
 
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!

 

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY

 

No credit card needed and the trial expires automatically.

 

 

 

Blog Categories

Get Our Top 5 ASX Stocks for FY25

Recent Posts

Coles Supermarkets

Is Coles’ 10% Product Reduction a Smart Strategy for Long-Term Growth or a Temporary Cost-Cutting Measure?

Every time you enter a supermarket, do you become overwhelmed by all the available choices? Australian supermarket giant Coles has…

vinyl group

Vinyl Group (ASX:VNL) is finding its groove in 2025

Vinyl Group (ASX: VNL) is the only ASX-listed company offering exposure to the music technology and media industries. It has…

Private Australian Companies

6 Private Australian Companies that we wish were ASX-listed

6 Private Australian Companies that we wish were ASX-listed Canva We don’t think we’re alone here not only in putting…