Home | AI powered stock trade ideas | Market Signals | Breaking Out | New Green Signal Stocks | Recent Red Arrow Top Signals | Recent Green Arrow Bottom Signals | Near Term Bottom Signals | Green Stocks with Most Upside to Analyst Target Price | New Long Term Green AI Signals | Big Tech Stocks | ETF Sector SPDRs | Solar Stocks | Chip Stocks | Airline Stocks | Social Media Stocks | Oil Stocks| Discount Store Stocks | Entertainment Stocks | EV Stocks | Restaurant Stocks | Heavy Equipment Stocks | Aerospace Stocks | Home Builders | Bank Stock Signals | Cruise Ship Stock Signals | Mining Stocks | Free AI Portfolio Analyzer | How to Read and Trade AI Powered Stock Charts| Stock Charts AI top 50 Stocks

Recently Featured Stock Charts
86% AI Stock Prediction Accuracy
Enter Stock Symbol to View AI powered Stock Chart

StockChartsAI.com

All Chart Prices as of Previous Day Close

Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.

Last Price: 114.17 - Change: 0.34 - Change %: 0.2987
04/17/2024 16:10:00 EST

Southern Copper Corporation (SCCO)

Industry: Copper

Price Support Resistance

In the past 20 trading days, SCCO has been trading in a range between $116.95 and $102.10 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

SCCO is trading below resistance at $116.95, about 2% to the upside. There is support at $83.79 -27% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

Southern Copper Corporation $SCCO entered a Green zone 30 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $64.17, a potential down side of -43.79% from the recent price of 114.17. Our AI powered stock target predictor currently has a target price of $36.64 a potential move of -68%. The stock is trading 5.43% (potential upside) below its 52 week high of $120.37 and 82.96 % (potential downside) above its 52 week low of $62.40 - based on the recent price.

Company Summary

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico.

SCCO Website

News

5 Non-Ferrous Metal Mining Stocks to Watch on Improving Industry Trends
The Zacks Mining - Non Ferrous industry's prospects look upbeat, backed by strong demand from the energy-transition trend. Stocks like SCCO, FCX, LUNMF, ERO and LEU are worth keeping a tab on, backed by their growth prospects.
Source: Zacks Investment Research
Tue, 16 Apr 2024 12:51:06 -0400
Sentiment: Positive
3 Copper Miners to Buy as Supply Crisis Sends Prices Soaring
As global demand for copper prices skyrockets amid an unfolding supply crisis, savvy investors are looking for copper mining stocks to buy. Copper prices have experienced a price surge as supply struggles to keep pace with the growing demand.
Source: InvestorPlace
Mon, 15 Apr 2024 15:43:00 -0400
Sentiment: Positive
LUNMF or SCCO: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Mining - Non Ferrous sector have probably already heard of Lundin Mining (LUNMF) and Southern Copper (SCCO). But which of these two stocks presents investors with the better value opportunity right now?
Source: Zacks Investment Research
Thu, 11 Apr 2024 12:41:09 -0400
Sentiment: Positive
Top two U.S. copper stocks to buy as Rio Tinto promotes copper chief
Rio Tinto Ltd (LON: RIO) is in the green at writing after naming Bold Baatar its new chief commercial officer. Rio Tinto is committed to expanding in copper Baatar has been with the mining giant since 2013 – at present serving as its chief of copper operations.
Source: Invezz
Mon, 08 Apr 2024 11:22:57 -0400
Sentiment: Positive
Profiting From the Copper Craze: 3 Stocks to Buy as Prices Skyrocket
As copper futures continue to trade near record highs, a significant development has emerged from China. Major copper smelters are contemplating output reductions.
Source: InvestorPlace
Thu, 04 Apr 2024 08:28:00 -0400
Sentiment: Positive
Instituions Institution %: 8.406
Last QTR Institution change: 1677043

Insiders
Insiders %: 88.992
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 4700
Insiders Net last QTR: -4700

Analyst Ratings
Target Price: 64.17
Overall Rating: 2.3333
Strong Buys (5): 1
Buys (4): 1
Holds (3): 5
Sells (2): 7
Strong Sells (1): 4

Technicals
52 Week Hi: 120.37
52 Week Low: 62.4021
Beta: 1.32
50 Day MA: 94.1634
200 Day MA: 81.8646

Earnings / Revenue Trends
Qtr Earnings Growth YOY: -0.505
Qtr Revenue Growth YOY: -0.186
Forward PE: 51.8135
Trailing PE: 36.2516

Benefits of StockChartsAI.com System:

  • Get a Daily List of Stocks Starting New Trends
  • Upload Your Stocks to Quickly See and Track Signals
  • Easy to Understand AI Stock Signals
  • Analysis of Historical Signal Trend Analysis for each stock
  • Search/View AI Stock Signals of Russel 1000 Stocks
  • Easy to Understand AI Stock Signals
  • And MUCH MUCH more!

1000

Stock Analyzed Each Night

Portfolio

Easily Upload Track Your Stocks

Trends

See Lists of Stocks Starting New Trends

The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.