SCCO Stock Recent News
SCCO LATEST HEADLINES
Subscribers to Chart of the Week received this commentary on Sunday, July 13.
Southern Copper (SCCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A shift to more domestic production could take years. Copper prices and mining stocks are rising.
In the closing of the recent trading day, Southern Copper (SCCO) stood at $104.51, denoting a -1.28% move from the preceding trading day.
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Southern Copper (SCCO) reached $101.17 at the closing of the latest trading day, reflecting a -1.31% change compared to its last close.
Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its balance sheet and boost growth. That changes everything, including how we invest, where we invest, and why. I'm not overhauling my strategy. But I'm sharpening my focus on pricing power, hard assets, and income that's built for this new reality.
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In the closing of the recent trading day, Southern Copper (SCCO) stood at $94.65, denoting a +1.27% move from the preceding trading day.
Mid-tier oil and gas exploration stocks rose on Thursday, led by gains in Tullow Oil PLC (LSE:TLW) and Enquest PLC (AIM:ENQ), following signals that the UK government will move to unlock new drilling in the North Sea. Labour’s Ed Miliband is preparing to lift legal barriers that had blocked major fossil fuel projects, reversing a January court decision that halted the Rosebank and Jackdaw fields. The Scottish court had ruled the projects unlawful due to emissions regulations. Miliband now plans to amend the law on greenhouse gas emissions, enabling the development of these fields and potentially reviving the UK’s North Sea oil sector. Ministers are expected to restart the approval process for Rosebank and Jackdaw later today, with Energy Minister Michael Shanks in Scotland to confirm the outcome of a consultation on the matter. Shell and Equinor, which have invested heavily in the projects, have expressed frustration over delays. In early afternoon trading, Tullow and Equinor share