Southern Copper Corporation (SCCO) Shares are Up 0.28%

Southern Copper Corporation (SCCO) : During the past 4 weeks, traders have been relatively bearish on Southern Copper Corporation (SCCO), hence the stock is down -0.6% 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 -0.25% relative to the S&P 500. The stock has risen by 0.28% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.61% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 2.75%.The 200 Day SMA reached 3.21% Southern Copper Corp. has dropped 4.55% during the last 3-month period . Year-to-Date the stock performance stands at -2.55%.


Southern Copper Corporation (SCCO) : The most positive equity analysts on Southern Copper Corporation (SCCO) expects the shares to touch $38, whereas, the least positive believes that the stock will trade at $28 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $30.76 with an expected fluctuation of $3.4 from the mean.

Company shares have received an average consensus rating of Hold for the current week Southern Copper Corporation (NYSE:SCCO): stock was range-bound between the intraday low of $25.01 and the intraday high of $25.52 after having opened at $25.02 on Fridays session. The stock finally closed in the red at $25.02, a loss of -0.31%. The stock remained in the red for the whole trading day. The total traded volume was 1,019,075 shares. The stock failed to cross $25.52 in Fridays trading. The stocks closing price on Thursday was $25.33.

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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