Is Now the Time to Buy Antofagasta?http://www.fool.com/investing/general/2013/03/01/is-now-the-time-to-buy-antofagasta.aspx Rupert Hargreaves
March 1, 2013
LONDON -- I'm always searching for shares that can help ordinary investors like you make money from the stock market.
So right now I am trawling through the FTSE 100 and giving my verdict on every member of the blue-chip index. Simply put, I'm hoping to pinpoint the very best buying opportunities in today's uncertain market.
Today I am looking at Antofagasta (LSE: ANTO) (NASDAQOTH: ANFGY) to determine whether you should consider buying the shares at 1,075 pence.
I am assessing each company on several ratios:
So let's look at the numbers:
The consensus analyst estimate for this year's earnings per share is $1.32 (no change) and dividend per share is $0.50 (up 150%).
Firstly, I should mention that although the consensus analyst estimate for this year's dividend is $0.50 per share, Antofagasta has con