Southern Copper Corporation stock price

Southern Copper Corporation latest news:


  • 07/26/2017 19:11:00

    Southern Copper second-quarter profit rises 35.1 pct yr/yr

    LIMA, July 26 (Reuters) - Southern Copper Corp said on Wednesday that its second-quarter net profit rose 35.1 percent from the same period a year earlier amid a double-digit surge in global copper prices.

  • 07/17/2017 11:39:03

    Mining and metals stocks rally on higher copper, gold prices; Freeport McMoRan up 3.5% to lead S&P 500

    Shares of mining and metals companies got a boost Monday from rising copper prices, after Chinese GDP and industrial production data beat expectations. Copper for September delivery rose 1.7% to $2.7355 a pound on the Comex division of the New York Mercantile Exchange, their highest level since early March. Gold was also higher with August contracts up 0.5% at $1,233.50 a troy ounce. Adding to the updraft, Jefferies on Friday said it expects a significant increase in capital returns from metals and mining companies this earnings season as balance sheets are strong and cash is abundant. Jefferies named Freeport McMoRan as one of its top picks. Freeport stock surged 3.8% to lead S&P 500 gainers. Newmont Mining rose 1.2%, and Southern Copper Corp. gained 2.3%. Rio Tinto ADRs were up 1%. The iPath Bloomberg Copper Subindex Total Return ETN was up 1.1%, while the S&P 500 was flat. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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