Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 1.2%. By the end of trading, Southern Copper Corporation fell $0.89 (-3.2%) to $26.89 on average volume. Throughout the day, 2,344,356 shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 1,802,900 shares. The stock ranged in price between $26.78-$27.78 after having opened the day at $27.70 as compared to the previous trading day's close of $27.78. Other companies within the Metals & Mining industry that declined today were:
), down 32.9%,
), down 17.8%,
), down 15.4% and
), down 14.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
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 $23.8 billion and is part of the basic materials sector. Shares are down 26.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Southern Copper Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Southern Copper Corporation
. 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 positive front,
), up 21.1%,
), up 20.5%,
), up 12.2% and
), up 9.4% , were all gainers within the metals & mining industry with
) being today's featured metals & mining industry leader.
- 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
- Find other investment ideas from our top rated ETFs lists.