By Sam Boughedda Southern Copper Corp. (NYSE:SCCO) was downgraded to Sell from Hold, with a price target of $45 per share by Deutsche Bank analysts on Wednesday. The analysts...
By Davit Kirakosyan Morgan Stanley upgraded Southern Copper (NYSE:SCCO) to Overweight from Equalweight while cutting its price target to $54.00 from $55.00. Shares gained more than...
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking...
Copper hits another higher low Goldman Sachs analysts turn sour on battery metals Timing is everything: Copper bounces after Goldman’s latest forecast Bull markets rarely...
Ray Dalio, founder and co-chief Investment Officer of Bridgewater Associates, is one of the most widely followed investors worldwide. His strategy mainly relies on big-picture...
Southern Copper Corporation is an integrated copper producer. The Company produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Its segments include the Peruvian operations, the Mexican open-pit copper mines and the Mexican underground mining operations segment identified as the IMMSA unit. The Peruvian operations segment includes 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. The Mexican open-pit operations segment includes 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. The Mexican underground mining operations segment includes five underground mines that produce zinc, copper, silver and gold, and a zinc refinery.