Southern Copper Corporation (SCCO): Today's Featured Metals & Mining Winner
(
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.1%. By the end of trading, Southern Copper Corporation rose $0.36 (1.3%) to $27.76 on average volume. Throughout the day, 1,544,202 shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 1,993,800 shares. The stock ranged in a price between $27.03-$27.80 after having opened the day at $27.40 as compared to the previous trading day's close of $27.40. Other companies within the Metals & Mining industry that increased today were:
(
), up 35.9%,
(
), up 11.4%,
(
), up 11.2% and
Companhia Siderurgica Nacional
(
), up 8.3%.
Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. Southern Copper Corporation has a market cap of $23.5 billion and is part of the basic materials sector. Shares are down 26.5% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Southern Copper Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Southern Copper Corporation
as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Southern Copper Corporation Ratings Report.
On the negative front,
(
), down 41.6%,
(
), down 13.3%,
(
), down 6.9% and
(
), down 6.5% , were all laggards within the metals & mining industry with
(
) being today's metals & mining industry laggard.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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