Southern Copper Corporation (PCU) Downgraded To Underperform
January 13, 2010 9:07 AM
Southern Copper Corporation (USA) (NYSE: PCU) was downgraded to Underperform from Neutral at Bank of America/Merrill Lynch.
The share price for the company went down from $36.30 to $34.78. Southern Copper Corporation produces and sells copper, molybdenum, zinc, silver, lead, and gold worldwide. The company has a market capitalization of $29.56 billion with 850 million shares outstanding. The company’s share price was very close to its previous high of $36.40 in December on January 11.
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