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COPP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    34.556$
  • Previous Close
    34.556$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

COPP.TO is the ticker symbol for the Horizons Copper Producer Equity ETF, traded on the Toronto Stock Exchange (TSX). This ETF seeks to replicate, to the extent possible, the performance of the Solactive North American Listed Copper Producers Index, net of expenses. The index is designed to provide exposure to the performance of equity securities of North American companies involved in the copper mining industry, including exploration, development, and production. Investing in COPP.TO allows investors to gain diversified exposure to a basket of copper-related companies, making it a convenient way to participate in the potential growth of the copper market without directly investing in individual mining stocks.
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Factors

Underlying Holdings Performance: COPP.TO's price heavily relies on the performance of the underlying Canadian preferred shares it holds.

Interest Rate Changes: Rising interest rates often decrease preferred share values, impacting COPP.TO negatively. Conversely, falling rates can boost its price.

Credit Spreads: Wider credit spreads, indicating higher perceived risk, can pressure preferred share prices and COPP.TO's value downwards.

Market Sentiment: Overall investor confidence or fear can influence demand for preferred shares and consequently, COPP.TO's price.

Supply and Demand: Increased demand for COPP.TO relative to its supply drives the price up, while greater supply pushes it down.

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