Southern Copper Corp (NYSE:SCCO) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Having a price of $26.75, Southern Copper Corp (NYSE:SCCO) traded -0.75% lower on the day. With the last stock price up -0.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SCCO has recorded a 50-day average of $26.00 and a two hundred day average of $26.70. Trade Volume was down over the average, with 269,675 shares of SCCO changing hands under the typical 961,242
Zacks Investment Research has downgraded Southern Copper Corp (NYSE:SCCO) to Hold in a statement released on 10/11/2016.
On 10/06/2016, Zacks Investment Research released a statement about Southern Copper Corp (NYSE:SCCO) upped the target price from $0.00 to $30.00 that suggested an upside of 0.13%.
Recent Performance Chart
Southern Copper Corp has PE ratio of 36.62 with a one year low of $21.55 and a one year high of $31.31 and has a market capitalization of $0.
A total of 16 brokerages have released a report on Southern Copper Corp. One brokerage rating the company a strong buy, one brokerage rating the company a buy, twelve brokerages rating the company a hold, one brokerage rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $28.81.
General Company Details For Southern Copper Corp (NYSE:SCCO)
Southern Copper Corporation is an integrated copper producer. It produces copper, molybdenum, zinc and silver. It operates through three segments: Peruvian operations, which include the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines; Mexican open-pit operations, which include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a metals plant and a copper rod plant and support facilities that service both mines, and Mexican underground mining operations, which include over five underground mines that produce zinc, copper, silver and gold, a coal mine that produces coal and coke, and a zinc refinery. The Company's operations include copper smelting, copper refining, copper rod production, solvent extraction/electrowinning, zinc refining, sulfuric acid production, molybdenum concentrate production, and silver and gold refining.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.