Media headlines about Southern Copper (NYSE:SCCO) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Southern Copper earned a news impact score of 0.16 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 45.7292565292323 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Barclays Plc Lowered Southern Copper (SCCO) Position; Radius Health (RDUS) Sellers Decreased By 3.86% Their … – Hill Country Times (hillcountrytimes.com)
- How Are BHP’s Margins Expected to Progress Going Forward? (finance.yahoo.com)
- 2 dead, 17 miners missing following Peru earthquake – MINING.com (mining.com)
- 1 Dead as Earthquake Strikes Peru (nytimes.com)
- Strong earthquake in southern Peru leaves one dead, 20 injured (finance.yahoo.com)
Southern Copper (NYSE SCCO) traded up $0.82 during trading hours on Friday, hitting $50.34. 772,833 shares of the stock traded hands, compared to its average volume of 957,073. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.00 and a current ratio of 3.01. The stock has a market cap of $38,910.00, a price-to-earnings ratio of 32.69, a price-to-earnings-growth ratio of 0.69 and a beta of 0.61. Southern Copper has a 52-week low of $32.63 and a 52-week high of $50.36.
Southern Copper (NYSE:SCCO) last posted its earnings results on Friday, October 20th. The basic materials company reported $0.52 earnings per share for the quarter. Southern Copper had a net margin of 19.19% and a return on equity of 19.04%. equities research analysts forecast that Southern Copper will post 1.88 EPS for the current year.
SCCO has been the subject of several research reports. Zacks Investment Research upgraded shares of Southern Copper from a “hold” rating to a “strong-buy” rating and set a $57.00 price objective for the company in a research note on Wednesday, January 10th. B. Riley restated a “buy” rating on shares of Southern Copper in a research note on Wednesday, November 1st. BidaskClub cut shares of Southern Copper from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 28th. FBR & Co restated a “buy” rating on shares of Southern Copper in a research note on Monday, October 23rd. Finally, Scotiabank cut shares of Southern Copper from a “sector perform” rating to an “underperform” rating in a research note on Monday, October 23rd. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $40.86.
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Southern Copper Company Profile
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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