Southern Copper Corporation (SCCO) Shares are Down -0.11%

Southern Copper Corporation (SCCO) : During the past 4 weeks, traders have been relatively bearish on Southern Copper Corporation (SCCO), hence the stock is down -0.33% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.62% relative to the S&P 500. The 4-week change in the price of the stock is -0.46% and the stock has fallen -0.11% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.09% and the 50-Day Moving Average is 0.08%.The 200 Day SMA reached 0.32%. Southern Copper Corp. has dropped 3.08% during the last 3-month period . Year-to-Date the stock performance stands at 0.41%.


Southern Copper Corporation (NYSE:SCCO): After opening at $26.2, the stock dipped to an intraday low of $25.99 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $26.49 and the buying power remained strong till the end. The stock closed at $26.1 for the day, a gain of 0.85% for the day session. The total traded volume was 601,650. The stocks close on the previous trading day was $25.88.

Southern Copper Corporation is a copper producer. The Company produces copper, molybdenum, zinc and silver. The Company operates in three segments: Peruvian operations, Mexican open-pit operations and Mexican IMMSA unit. Peruvian operations segment includes the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a precious metals plant industrial railroad and port facilities that service both mines. Mexican open-pit operations segment includes the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a precious metals plant and a copper rod plant and support facilities that service both mines. Mexican IMMSA unit segment includes five underground mines. Its operations include open-pit and underground mining, concentrating, copper smelting, copper refining, copper rod production, solvent extraction/electrowinning, zinc refining, sulfuric acid production, molybdenum concentrate production and silver and gold refining.

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