Aditya Birla Minerals (ABY)

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Aditya Birla Minerals (ABY) is an exploration company engaged in the exploration, mining, processing and marketing of copper metal. The Company is mainly involved in the Nifty copper operation in the Pilbara region, northern Western Australia, and the Mt Gordon copper operation in northwest Queensland, Australia.ABY was listed on the Australian Stock Exchange on May 12, 2006. The Nifty copper operation includes an open pit mine, heap leach pads and a solvent extraction and electrowinning (SX–EW) processing plant, which produces copper cathode.

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Aditya Birla Minerals Dividend

31 August, 2010 - 01:56

Study the dividend history for ADITYA BIRLA MINERALS LIMITED. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.

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Aditya Birla Minerals (ABY) Stock Recommendation

Credit Suisse have rates the Aditya Birla Minerals (ABY) stock as Outperform. The analysts have recent;y visited the Nifty mine and have commented that significant progress has been made. Investors have seen the stock as a "cheap leverage to copper" but the analyst has noted that the company needs to record Cashflow and earnings to convince investors of this value.

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