Loading...
Trade [[data.name]]
[[ data.name ]]
[[ data.ticker ]]
[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)
Low: [[ data.low ]]
High: [[ data.high ]]
About
History
Competitors
About
History
Competitors
Aurubis AG is a leading integrated copper group founded in 1866 and based in Hamburg, Germany. The company went public on the Frankfurt Stock Exchange in 1992 and is listed on the Germany 40 Index of German blue-chip companies. Aurubis has over 200 business partners from around the globe that it sources its raw materials from. As of November 2022, it has a market capitalization of around €3.6 billion, Aurubis is the world's largest copper recycler and the second-largest producer of copper products.
The company produces a variety of high-end products for customers in the electronics, automotive, building, and engineering industries. Aurubis offers traders an opportunity to capitalize on potential price movements via a variety of financial instruments including stocks, ETFs, and derivatives. Investors can benefit from Aurubis's long-term growth by buying shares or taking advantage of price movements in the short term using futures contracts. As a global giant in copper production and recycling, Aurubis provides traders with plenty of trading opportunities to get involved in this lucrative sector.
Aurubis is a leading global player in the metals industry. Their share price has been on a rollercoaster ride over the years but generally going uptrend. In March 2022, Aurubis' share price reached its highest point of €115.35 per share, a 10-year high for the company. However, the company's share price has had its down periods too. The lowest point in recent years for Aurubis' stock was in March 2020, when it dropped to €33.60 per share due to the COVID-19 pandemic and a decrease in demand for metals throughout the world. Despite this drop, Aurubis has been able to rebound and stabilize its share price in the years since then.
Events such as acquisitions, mergers and divestitures have also had an effect on Aurubis' share price. In April 2021, Aurubis agreed to merge with SMS group to become the leading provider of metals processing technologies worldwide. This news was also seen positively by investors and caused a 3% increase in the company's share price. On the other hand, divestitures such as selling off parts of the company’s business have had the opposite effect. Certain environmental regulations have also impacted Aurubis' share price, as investors are increasingly looking for companies that support green initiatives. As such, Aurubis has shifted its focus to become a more sustainable and environmentally friendly company.
Aurubis is a major force in the copper industry, and its stock offers investors the opportunity to capitalize on their expertise and global presence. The company's competitors include Freeport-McMoRan (FCX), Southern Copper Corporation (SCCO), and KGHM Polska Miedz SA (KGH). They all operate in the same market and offer similar products.
Aurubis offers investors a variety of strengths, such as its diversified product line, international presence, and proximity to end markets. These advantages are balanced by weaknesses such as volatile copper prices and competition from low-cost rivals. The stock has seen both highs and lows over the past few years, offering investors the potential for high returns but also heightened risk. Investors should take a long-term approach and consider all factors when making decisions to invest in Aurubis stock. By doing so, they could capitalize on the company's strengths while minimizing their exposure to risks.
Swap long | [[ data.swapLong ]] points |
---|---|
Swap short | [[ data.swapShort ]] points |
Spread min | [[ data.stats.minSpread ]] |
Spread avg | [[ data.stats.avgSpread ]] |
Min contract size | [[ data.minVolume ]] |
Min step size | [[ data.stepVolume ]] |
Commission and Swap | Commission and Swap |
Leverage | Leverage |
Trading Hours | Trading Hours |
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Trade [[data.name]] with Skilling
All Hassle-free, with flexible trade sizes and with zero commissions!*
- Trade 24/5
- Minimum margin requirements
- No commission, only spread
- Fractional shares available
- Easy to use platform
*Other fees may apply.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
Equities
Capitalise on rising prices (go long)
Capitalise on falling prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset
No commissions
Just low spreads
Manage risk with in-platform tools
Ability to set take profit and stop loss levels