NYSE:SCCOMetals and Mining
Is It Too Late To Consider Southern Copper (SCCO) After The Recent 25.8% Pullback?
Wondering whether Southern Copper at around US$162 a share still makes sense for your portfolio, or if the easy gains are already behind it.
The stock has returned 6.1% over the last 7 days, while the 30 day return sits at a 25.8% decline and the 1 year return stands at 83.6%, with longer 3 and 5 year returns of 149.7% and 208.1%.
Recent market attention has focused on Southern Copper as part of a broader interest in large copper producers and their role in supply for global industry. That...