Southern Copper Corporation
NYSE: SCCO
$104.89
+$3.59 (+3.5%)
Closing Price on September 19, 2024
SCCO Articles
In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE: NUE),...
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Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning of the month, and...
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Earnings season is upon us and so far things are shaping up either a bit better, or less-bad, than what the news reports and headlines might have led investors to believe. Next week is going to be...
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Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have...
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In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
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Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are often seen as leading...
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Prospects for the global economy are currently as dark or darker than they’ve been since the financial crisis began three years ago. Consumers and investors likely see either another recession or...
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At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in...
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Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit...
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The big remaining question about copper prices is which direction they will take in the second half of this year. Most observers are bullish, but when the big question is broken down into smaller...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $415 target at Argus;...
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Copper is supposed to be one of the leading economic indicators. As demand rises, it translates to project building and industrial expansion in the months ahead. After all, it is a common base...
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These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. AOL Inc. (NYSE: AOL) Started as Neutral at Macquarie. Autodesk, Inc. (NASDAQ:...
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Reuters: Japan intervened to cap the yen for the first time in six years. Reuters: Business sentiment in Asia slipped for the third quarter period. Reuters: Gold remained near a record...
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We saw the launch of two new ETF products today covering the global commodities boom. In the metals and mining sector, Global X Management launched the Apex Silver Mines Ltd. (NYSE: SIL) and the...
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