Southern Copper (SCCO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
SCC(SCCO) ZACKS·2024-06-12 22:50
From a valuation perspective, Southern Copper is currently exchanging hands at a Forward P/E ratio of 25.51. This expresses a premium compared to the average Forward P/E of 16.07 of its industry. The latest trading session saw Southern Copper (SCCO) ending at $108.07, denoting a +0.32% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.85%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq appreciated by 1.53%. Market participants wi ...