Copper is crucial for the energy transition, e-mobility and technology, and its price is rising in the long term. It has reached a quadruple high of $5 per pound and a breakout above $5.75 could drive prices to $7.50 to $10.50. A supply-demand gap is expected by 2028. Companies like Arizona Sonoran Copper are pushing ahead with their projects and have recently raised capital. The stock has a buy signal with a price target of $3.50 in the next 18 months.
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