Copper stocks: Freeport-McMoRan Copper & Gold (NYSE:FCX), Southern Copper (NYSE:SCCO), Augusta Resource (NYSEMKT: AZC), LIWA


Freeport Indonesia, the local unit of US mining giant Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX) failed to achieve its full-year sales target from its Grasberg mine in Papua last year, while G-Resources saw higher-than-expected productivity from its Martabe gold mine in North Sumatra. Shares of Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) closed at $32.77 in last trading session. Yesterday share price of the company was traded in the range of $32.50 to $33.39. Company now has a market value of $34.02 billion. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) price to sales ratio in past twelve months was calculated as 1.63 and price to cash ratio as 17.14.

TheStreet upgraded shares of Southern Copper Corp (NASDAQ:SCCO) from a hold rating to a buy rating in a research note released on Monday morning, AnalystRatings.Net reports. Southern Copper Corp (NYSE:SCCO) stock traded in the range of $27.70 – $28.76 and at the end of the day, it closed at $27.92. Average trading volume of the company is $2.17 M. Southern Copper Corp (NYSE:SCCO) return on equity ratio is recorded as 34.20% and its return on assets is 16.30%.

Augusta Resource Corp. (TSE:AZC) had its price objective hosited by Dundee Securities from C$0.50 to C$1.00 in a report released on Tuesday, American Banking and Market News reports. Augusta Resource Corp. (USA) (NYSEMKT: AZC) after opening at $1.53, moved up 2.60% to $1.58 on last trading day. Company’s 52 week range is $0.45 – $2.91.

Lihua International Inc (NASDAQ:LIWA) presented at the LD Micro Conference in Los Angeles, CA and posted the investor presentation on the Company’s website, www.lihuaintl.com. A copy of the investor presentation is furnished herewith as Exhibit 99.1. Lihua International Inc (NASDAQ:LIWA) stock hit highest price at $5.46, beginning with a price of $5.56 and decreased -1.62% to the close at $ 5.46 with day range of $5.45 – $5.56. The total market capitalization of the stock is $163.34 million.


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