Aurubis Share: This is How Much Loss an Aurubis Investment from 3 Years Ago Would Have Incurred
MDAX Share Aurubis Share: Heavy Losses for Aurubis Shareholders
The Aurubis share has been in a downward trend for months. Investors who bought the share three years ago are now facing heavy losses.
The share price of Aurubis has fallen by more than 50% since its peak in 2022. At the beginning of 2023, the share was still trading at around €35. Today, the share price is only around €16.
Reasons for the share price decline
There are several reasons for the decline in the Aurubis share price.
- The global economy is slowing down, which is having a negative impact on the demand for copper.
- Aurubis is facing increasing competition from other copper producers.
- The company is also struggling with rising costs.
As a result of these factors, Aurubis has been forced to reduce its profit forecast for the current year.
Outlook for the Aurubis share
The outlook for the Aurubis share is uncertain.
On the one hand, the global economy is expected to recover in the coming years, which should lead to an increase in demand for copper.
On the other hand, Aurubis is facing increasing competition from other copper producers and rising costs.
It is therefore difficult to predict how the Aurubis share price will develop in the future.
Conclusion
Investors who bought the Aurubis share three years ago are now facing heavy losses.
The share price has fallen by more than 50% since its peak in 2022.
The outlook for the Aurubis share is uncertain.