​Despite ongoing weakness in the copper market, we continue to view FM favourably given strong operational performance in recent quarters, steps taken to further strengthen the balance sheet, cost reduction efforts, the near completion of the Sentinel project, and progress made on Cobre Panama, which includes a timeline to put in place project financing of up to $2.5 billion by mid-2017.
Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis.
The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.
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