Southern Copper Corporation (SCCO) Shares Slide -1.03%

Southern Copper Corporation (SCCO) : During the past 4 weeks, traders have been relatively bearish on Southern Copper Corporation (SCCO), hence the stock is down -4.9% 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 -0.96% relative to the S&P 500. The 4-week change in the price of the stock is -1.7% and the stock has fallen -1.03% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.8% and the 50-Day Moving Average is 1.46%. Southern Copper Corp. has dropped 12.25% during the last 3-month period . Year-to-Date the stock performance stands at -0.2%.


Southern Copper Corporation (NYSE:SCCO): On Fridays trading session , Opening price of the stock was $25.96 with an intraday high of $26.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $25.6. However, the stock managed to close at $25.99, a loss of 0.19% for the day. On the previous day, the stock had closed at $26.04. The total traded volume of the day was 1,275,826 shares.

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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