Antofagasta

ANFGF

Copper · Basic Materials

Exchange

Other OTC

Winston Score

Winston is happy

A high-quality business with solid fundamentals.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Strong

Growth

Exceptional

Cash Flow

Strong

Stability

Strong

Valuation

Strong

Dividends

Weak

Track this stock — start free trial

Winston Score History

The full picture

Antofagasta is a mining company that digs copper out of the ground in Chile. Copper is a metal used in electric wires, cars, phones, and almost everything that runs on electricity. Antofagasta is one of the largest copper producers in the world and also extracts smaller amounts of gold and molybdenum as byproducts from its mines.

The company makes money by selling copper and other metals to manufacturers and industrial buyers, mostly in Asia and Europe. Its mines are all located in Chile, which holds some of the world's largest copper deposits, giving Antofagasta a strong geographic advantage. The company is controlled by the Chilean Luksic family, which owns a majority stake. The biggest growth driver is rising demand for copper from electric vehicles and clean energy infrastructure, but the main risk is that copper prices are set by global markets and can fall sharply, squeezing profits even when production stays steady.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+16.2% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+60.4% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

67.4%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$6.2B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Antofagasta is a rare growth stock that's already generating positive cash flow while growing at 16%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

51.1%

Healthy — 51.1% gross margin

Profit after running costs

Operating Margin

43.5%

Excellent — 43.5% operating margin

Return on the money invested

ROCE

22.0%

Exceptional — 22.0% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+26.1%

Fast-growing sales (+26.1% YoY)

Profit growth

EPS YoY

+53.2%

Earnings growing fast (+53.2% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

225%

Turns 225% of profit into real cash

Spare cash per sale

FCF Margin

0.5%

Thin free cash flow (0.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.74

Moderate — manageable debt (0.74)

Covers its interest

Interest Cover

12.74x

Comfortably covers interest (12.7x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

29.6x

no trend

Growth-priced — P/E 29.6

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year

P/E vs Forward

+9.1

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (29.6 → 20.5)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.31%

no trend

Small dividend — 1.31% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

+0.3%

no trend

Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial