First Quantum, Royal Bank, Yamana Gold: Canadian Equity Preview
Stock Chart for First Quantum Minerals Ltd (FM)
Antares Minerals Inc. (ANM CN) and First Quantum Minerals Ltd. (FM CT): First Quantum, Canada’s second-largest publicly traded copper producer, said it agreed to buy Antares Minerals Inc., owner of the Haquira copper project in Peru, in a deal the companies valued at about C$460 million ($451 million).
Royal Bank of Canada (RY CT): Canada’s largest bank agreed to buy fixed-income money manager BlueBay Asset Management Plc of London for 963 million pounds ($1.5 billion) in cash.
Yamana Gold Inc. (YRI CT): The country’s fourth-biggest gold producer had its rating cut to “sector perform” from “sector outperform” by Trevor Turnbull, an analyst at Bank of Nova Scotia.
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