18th Mar 2021 18:51
CQS Natural Resources Growth & Income PLC - company with a portfolio of mining and resource equities - Reports net asset value per share at December 31 of 140.8 pence, up 22% year-on-year from 115.8p. Says NAV total return of 47% beats 18% from benchmark. Says it benefited from good asset allocation as its overweight position in precious metals, and a significant weighting in copper, with a corresponding underweight of energy stocks aided performance. Leaves first half payout unchanged at 2.52p per share. Says outlook for commodity prices is positive.
Current stock price: 146.00 pence
Year-to-date change: up 18%
By Greg Roxburgh; [email protected]
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