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

Shares of Walter Energy Fall to a New 52...

Shares of Walter Energy (NYSE:WLT) traded today at $2.01, breaking its 52-week low. So ...

Shares of Westamerica Bancorporation Fal...

Shares of Westamerica Bancorporation (NASDAQ:WABC) traded today at $46.39, breaking its ...

Shares of Vertex Pharmaceuticals Have Ri...

Vertex Pharmaceuticals (NASDAQ:VRTX) traded at a new 52-week high today of $116.88. So ...

Shares of Volcano Fall Below Previous 52...

Volcano (NASDAQ:VOLC) traded at a new 52-week low today of $10.70. Approximately 872,0 ...

Meridian Bioscience: New 52-Week Low Set...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.60. This ne ...

Vimpel-Communications: New 52-Week Low S...

Vimpel-Communications (NYSE:VIP) traded today at a new 52-week low of $7.27. So far to ...

Shares of Vale Fall to a New 52-Week Low...

Vale (NASDAQ:VALE) traded today at a new 52-week low of $10.75. So far today approxima ...

Titan International: The Losing Streak C...

Titan International (NYSE:TWI) traded at a new 52-week low today of $12.58. So far tod ...