News stories about Southern Copper (NYSE:SCCO) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Southern Copper earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 47.0031040536468 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- COLUMN-Threat of strikes looms large for copper supply in 2018: Andy Home (finance.yahoo.com)
- Southern Copper (SCCO) Upgraded at Santander (americanbankingnews.com)
- Iguana Healthcare Management Increased Stake in Celgene (CELG); Kbc Group Nv Trimmed Its Southern Copper … – Hill Country Times (hillcountrytimes.com)
- Turning Up the Heat on Shares of Southern Copper Corporation (NYSE:SCCO) – Clawson News (clawsonnews.com)
- Stocks Showing Improving Market Leadership: Southern Copper Earns 81 RS Rating (finance.yahoo.com)
Southern Copper (NYSE SCCO) traded up $1.12 on Wednesday, reaching $46.13. 1,042,903 shares of the company were exchanged, compared to its average volume of 948,852. The firm has a market capitalization of $34,477.05, a price-to-earnings ratio of 34.84, a PEG ratio of 0.79 and a beta of 0.62. Southern Copper has a 52-week low of $31.80 and a 52-week high of $46.31. The company has a quick ratio of 2.00, a current ratio of 3.01 and a debt-to-equity ratio of 0.90.
A number of research analysts have weighed in on the stock. B. Riley reaffirmed a “buy” rating on shares of Southern Copper in a report on Wednesday, November 1st. Santander raised shares of Southern Copper from a “hold” rating to a “buy” rating in a report on Monday. BidaskClub raised shares of Southern Copper from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 24th. Scotiabank cut shares of Southern Copper from a “sector perform” rating to an “underperform” rating in a report on Monday, October 23rd. Finally, FBR & Co reaffirmed a “buy” rating on shares of Southern Copper in a report on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $39.86.
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About Southern Copper
Southern Copper Corporation is an integrated copper producer. It 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 operations and the Mexican underground mining operations segment identified as the IMMSA unit.
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