2. As of noon trading, Southern Copper Corporation ( SCCO) is down $0.32 (-1.2%) to $26.64 on light volume. Thus far, 719,656 shares of Southern Copper Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $26.59-$27.09 after having opened the day at $27.00 as compared to the previous trading day's close of $26.96.

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 $23.1 billion and is part of the basic materials sector. Shares are down 28.8% 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 buy. 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. Get the full Southern Copper Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

3 Stocks to Avoid for St. Patrick's Day

Gold Is Feeling the Pressure

Gold Buckles Under Dollar Strength, Hawkish Fed Certainty

Gold Fields (GFI) Stock Climbs on Higher Gold Prices

Gold Fields (GFI) Stock Falls on Lower Gold Prices