Will Arizona Miners Spark a Copper Boom in America?
Written by Emily J. Thompson, Senior Investment Analyst
Source: WSJ
New Copper Production: The Johnson Camp mine in Dragoon, Arizona, is set to restart copper production, marking the first new U.S. copper output in over a decade.
Innovative Mining Techniques: The project utilizes sulfuric acid and bacteria in partnership with Rio Tinto’s Nuton venture to extract copper from previously uneconomical ores.
Analyst Views on TKO
Wall Street analysts forecast TKO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TKO is 225.79 USD with a low forecast of 210.00 USD and a high forecast of 250.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 200.130
Low
210.00
Averages
225.79
High
250.00
Current: 200.130
Low
210.00
Averages
225.79
High
250.00
About TKO
TKO Group Holdings, Inc. is a sports and entertainment company. The Company owns properties including Ultimate Fighting Championship (UFC), a mixed martial arts organization; World Wrestling Entertainment, LLC (WWE), a sports entertainment; and Professional Bull Riders (PBR), a bull riding organization. It also services and partners with sports rights holders through IMG, a global sports marketing agency, and On Location, an experiential hospitality. Its segments include UFC, WWE and IMG. UFC segment reflects the business operations of UFC, which consists of media rights fees associated with the distribution of its programming content; ticket sales and site fees associated with the business’s global live events; partnerships and marketing, and consumer product licensing agreements of UFC-branded products. WWE segment reflects the business operations of WWE. IMG segment includes IMG business and On Location. IMG business is an independent global distributor of sports programming.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
