By Austin Smith
Publication Date: 2026-06-08 11:14:00
Quick Read
COPJ fell 11% in one session yet retains a 93% one-year return, as junior miners structurally amplify copper price moves 2x to 3x.
Broadcom’s lighter Q3 AI revenue guidance threatened the hyperscaler data center buildout that has become copper’s fastest-growing demand engine.
Watch hyperscaler capex commentary next earnings. If others echo Broadcom’s caution, the AI demand premium baked into junior miner valuations faces real repricing.
It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
If you owned Sprott Junior Copper Miners ETF (NASDAQ:COPJ) on Friday morning, you watched it open near $45.37 and close at $40.37, an 11% single-day tumble on June 5, 2026. A $10,000 stake at Thursday’s close became roughly $8,900 by Friday’s bell. For a fund that returned 93% over the prior twelve…
