ARREF

ARREF remains in a Stage 2 advancing uptrend with higher highs and higher lows; the recent consolidation at the 52-week high is resolving above the rising 9EMA and 20EMA, presenting a favorable momentum entry. RSI is mid-range with no exhaustion evident, but a decisive break below the 20EMA would invalidate the bullish thesis.

• ↑Q2 2026 revenue rose 52% YoY to $77.4M; net income reached $18.3M
• ↑99% plant availability and cash cost per pound fell to $1.80 from $1.93
• ↓Adjusted 2026 copper output guidance to 60–61.5M lbs due to El Teniente accident