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% (SCCO)

By James Quinn

SmarTrend identified a Downtrend for Southern Copper (NYSE:SCCO) on April 7th, 2020 at $29.80. In approximately 1 month, Southern Copper has returned 13.78% as of today's recent price of $33.90.

In the past 52 weeks, Southern Copper share prices have been bracketed by a low of $23.43 and a high of $44.82 and are now at $33.90, 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

Southern Copper Corporation conducts mining operations in Peru and Mexico. The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and precious metals.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Southern Copper.

Log in and add Southern Copper (SCCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Southern Copper

Ticker(s): SCCO