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Southern Copper Corp.SCCODON'T BUYJun 13, 2013Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
It is more expensive and less effective in terms of operations than others. Copper has done well and should continue to do so since there is huge demand. It should double over the next ten years. He owns Freeport-McMoRan in the space which produces one million pounds out of the US and has other production, for example its mine in Indonesia.
Southern Copper (SCCO-N) or Teck Resources (TCK.B-T)? Chart shows a downtrend from the beginning of this year with a possible level of support at around $25. He would wait for a consolidation and a breakout on this.