Peru's mining execs'lose faith' in gov't despite moderate shift [Financial Post (Toronto, Ontario, Canada)]
Southern Copper Corporation (SCCO)
Last southern copper corporation earnings: 2/26 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
southernperu.com/eng/invrel
Company Research
Source: Financial Post
left-wing President Pedro Castillo’s ability to boost the sector, even after his shift away from early proposals to sharply raise taxes on the industry. Advertisement Mining executives interviewed by Reuters pointed to social protests by Castillo supporters that led to month-long production halts at two major copper mines. They said his failure to quell social uprisings also delayed a pipeline of new mining projects worth $53 billion at a time of high copper prices. Castillo, who took office a year ago this week, was elected with overwhelming support in mining districts, as he pledged to redistribute Peru’s mineral wealth. On the campaign trail, he accused corporations of “plundering” resources instead of sharing with local communities. Since then, he has moderated his position toward the industry that accounts for 60% of the country’s exports, appointing an orthodox economy ministry and meeting with executives both in Peru and on trips abroad. Still, industry executives complain
Show less
Read more
Impact Snapshot
Event Time:
SCCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SCCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SCCO alerts
High impacting Southern Copper Corporation news events
Weekly update
A roundup of the hottest topics
SCCO
News
- Southern Copper Co. (NYSE: SCCO) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $61.00 to $82.00. They now have a "sell" rating on the stock.MarketBeat
- Southern Copper Co. (NYSE: SCCO) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $130.00 price target on the stock, up previously from $91.00.MarketBeat
- Southern Copper Co. (NYSE: SCCO) had its price target lowered by analysts at JPMorgan Chase & Co. from $63.50 to $61.00. They now have an "underweight" rating on the stock.MarketBeat
- Southern Copper (SCCO) Bets on Strong Projects Amid Cost Woes [Yahoo! Finance]Yahoo! Finance
- Strength Seen in Southern Copper (SCCO): Can Its 6.0% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
SCCO
Earnings
- 2/2/24 - Miss
SCCO
Sec Filings
- 3/14/24 - Form 4
- 3/8/24 - Form 4
- 3/5/24 - Form 4
- SCCO's page on the SEC website