user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 458596 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Southern Copper Makes a Move: Down 1.9%

Published on Wed, 03/13/2013 - 10:19
By Mallory Stone

One of today's stocks on the move is Southern Copper (NYSE:SCCO), down 1.9% to $37.17. The S&P is currently trading fractionally lower to 1,552 and the Dow Jones Industrial Average is trading fractionally lower to 14,435.

Southern Copper (NYSE:SCCO) has potential upside of 15.8% based on a current price of $37.17 and analysts' consensus price target of $43.05. The stock should hit resistance at its 50-day moving average (MA) of $39.14, as well as support at its 200-day MA of $35.08.

In the past 52 weeks, shares of Southern Copper have traded between a low of $27.72 and a high of $42.03 and are now at $37.17, which is 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

Southern Copper Corporation conducts mining operations in Peru and Mexico. The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and precious metals.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

UBS Made the Right Call, ArcelorMittal 4...

UBS upgraded ArcelorMittal (NYSE:MT) from Sell to Buy a week ago. The stock closed at ...

Relatively Good Performance Detected in ...

We looked at the Tobacco industry and measured relative performance to find the top sto ...

Shares of Ocwen Financial Rank the Highe...

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performa ...

Best Relative Performance in the Systems...

We looked at the Systems Software industry and measured relative performance to find th ...

Top 5 Companies in the Steel Industry wi...

Below are the top five companies in the Steel industry as measured by relative performa ...

FelCor Lodging Trust is Among the Compan...

Here are the top 5 stocks in the Specialized REITs industry ranked by performance. We ...

Amkor Technology has the Best Relative P...

We looked at the Semiconductor Equipment industry and measured relative performance to ...

DDR has the Best Relative Performance in...

Below are the top five companies in the Retail REITs industry as measured by relative p ...