Southern Copper Corporation ( SCCO) 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: China Gengsheng Minerals ( CHGS), up 35.9%, Endeavour Silver Corporation ( EXK), up 11.4%, Prospect Global Resources ( PGRX), up 11.2% and Companhia Siderurgica Nacional ( SID), 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 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.