News & Events:SCCO

  On Thursday, 216 stocks hit new 52-week lows. Stocks that set new 52-week lows on Thursday are as follows: Be sure to monitor Benzinga for the news traders need!

Southern Copper's short percent of float has risen 910.64% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.

  On Wednesday, 329 companies hit new 52-week lows. Here are all the stocks that set new 52-week lows on Wednesday: Be sure to monitor Benzinga for the news traders need!

Southern Copper has outperformed the market over the past 20 years by 10.11% on an annualized basis producing an average annual return of 16.94%. Currently, Southern Copper has a market capitalization of $43.33 billion. Buying $100 In SCCO: If an investor had bought $100 of SCCO stock 20 years ago, it would be worth $2,375.25 today based on a price of $56.05 for SCCO at the time of writing.

If history is any guide, there may be trouble ahead for shares of Southern Copper. A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions.

Fourteen people died in an armed dispute between small-scale miners in a remote gold-mining town in southern Peru, authorities said Wednesday. The violence was the latest incidence of unrest in Peru's increasingly volatile mining sector, following a recent fire allegedly set by wildcat copper miners at Southern Copper Corp's Los Chancas project.

Southern Copper has outperformed the market over the past 20 years by 10.45% on an annualized basis producing an average annual return of 17.74%. Currently, Southern Copper has a market capitalization of $49.58 billion. Buying $1000 In SCCO: If an investor had bought $1000 of SCCO stock 20 years ago, it would be worth $26,206.01 today based on a price of $64.13 for SCCO at the time of writing.

Shanghai copper prices gained on Thursday as the lifting of COVID-19 curbs in top metals consumer China buoyed hopes of demand recovery, although a stronger U.S. dollar limited the upside. The most-traded July copper contract in Shanghai was up 0.5% at 71,990 yuan a tonne, as of 0531 GMT, in tepid trade as the London Metal Exchange was shut for a public holiday.

Shanghai copper prices rose on Thursday as the lifting of COVID-19 restrictions in top metals consumer China buoyed hopes of demand recovery, although a stronger U.S. dollar limited gains. FUNDAMENTALS. * The most-traded July copper contract in Shanghai was up 0.5% at 71,990 yuan a tonne, as of 0159 GMT.

Copper prices rebounded on Wednesday, boosted by the lifting of COVID-19 lockdowns in Shanghai and gains in oil markets. Three-month copper on the London Metal Exchange gained 0.5% to $9,496 a tonne by 1600 GMT after falling as low as $9,384 earlier and dropping 1% in the previous session. U.S. Comex futures rose 0.6% to $4.32 a lb.

Southern Copper Corp (SCCO) said that a fire broke out at its Los Chancas mining project on Tuesday evening, at around the same time as another fire started at MMG Ltd's Las Bambas copper mine, sources said, amid intensified protests against mines in recent months.

Peru, the world's second-largest copper producer, risks losing out on billions of dollars of mining investment if the government fails to defuse protests that are hitting the industry and denting production, analysts and executives said.

Peru, the world's second-largest copper producer, risks losing out on billions of dollars of mining investment if the government fails to defuse protests that are hitting the industry and denting production, analysts and executives said.

  On Monday, 198 companies reached new 52-week lows. On Monday, the following stocks broke to new 52-week lows: Be sure to stay with Benzinga for further updates and market-moving news.

Peru's economy grew 3.79% in March compared with a year earlier, the country's statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production.

Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday. Peru is the world's No. 2 copper producer and mining is a key source of tax revenue.

Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday. Peru is the world's No. 2 copper producer and mining is a key source of tax revenue.

Mexican mining and transport firm Grupo Mexico reported on Monday a 7.2% fall in quarterly earnings, citing a nearly two-month production halt at a mine in Peru due to a community blockage.

Mexican mining and transport firm Grupo Mexico reported on Monday a 7.2% fall in quarterly earnings, citing a nearly two-month production halt at a mine in Peru due to a community blockage.

Brazil's real rallied on Wednesday after a high inflation reading lifted bets of more policy tightening, while Peru's sol hit near three-month lows amid more trouble around protests in ...