News stories about Southern Copper Corporation (NYSE:SCCO) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. 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 Corporation earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 46.6459357403373 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Southern Copper (SCCO) a Buy on Solid Sales Growth – Investorplace.com (investorplace.com)
- Southern Copper Corporation (SCCO) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Have Analysts Changed Their Tune after Southern Copper’s 3Q17 Earnings? (finance.yahoo.com)
- ETFs with exposure to Southern Copper Corp. : November 8, 2017 (finance.yahoo.com)
Southern Copper Corporation (NYSE SCCO) traded down $0.18 on Friday, hitting $43.91. The stock had a trading volume of 958,300 shares, compared to its average volume of 1,030,358. The stock has a market capitalization of $33,943.61, a price-to-earnings ratio of 34.30, a P/E/G ratio of 0.70 and a beta of 0.63. Southern Copper Corporation has a one year low of $31.15 and a one year high of $44.69. The company has a debt-to-equity ratio of 0.90, a current ratio of 3.01 and a quick ratio of 2.08.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.28%. This is a positive change from Southern Copper Corporation’s previous quarterly dividend of $0.14. Southern Copper Corporation’s dividend payout ratio is presently 78.13%.
SCCO has been the subject of a number of recent research reports. B. Riley reiterated a “buy” rating on shares of Southern Copper Corporation in a research report on Wednesday, November 1st. BidaskClub downgraded Southern Copper Corporation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 28th. FBR & Co reiterated a “buy” rating on shares of Southern Copper Corporation in a research report on Monday, October 23rd. HSBC Holdings plc downgraded Southern Copper Corporation from a “buy” rating to a “hold” rating and set a $41.00 price objective for the company. in a research report on Wednesday, August 16th. Finally, Cowen and Company reiterated a “hold” rating and set a $39.00 price objective on shares of Southern Copper Corporation in a research report on Wednesday, July 19th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Southern Copper Corporation has an average rating of “Hold” and an average target price of $38.88.
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About Southern Copper Corporation
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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