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Copper’s Active Movers – Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Southern Copper Corp (NYSE:SCCO)

on 26/04/2013

New York, NY – (Net PR News) – 04/26/2013–smartOTCis the premiere destination for Investors and novices alike who wish to receive information on fast moving OTC stocks and undiscovered companies. Most of these companies are considered penny stocks and trade on the Pink Sheet or OTC BB market. Our daily alerts help investors cut their research time in half as we send out small cap and penny stock alerts that are displaying signs of a potential rally.

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SmartOTC brings a special trend analysis of these stocks: Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Southern Copper Corp (NYSE:SCCO)

The worthwhile stocks of the Copper industry of the Basic Materials sector are in today’s spotlight, which scored heavy volume. The active stocks were Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), which remained a top volume stock in its industry and Southern Copper Corp (NYSE:SCCO), which gained traders attention mainly due to superb trade and both stocks were showing bullish momentum during last trade.

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) declared its net income attributable to common stock remained $648 million, or $0.68 per share, for the first quarter of 2013 of FCX, in comparison to the year ago similar duration of $764 million, or $0.80 per share.

Can Investors Bet on FCX after this News update? Find out in this Research Report

Basic Materials sector stock, Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), during the previous trading session the stock showed a positive movement of 0.2%. Currently, the company has a market capitalization of $28.34 billion. Stock’s closing price was $29.86, while it started its day-trade at $30.80. Its 52-week price range was $27.24 – $43.65.

FCX traded with volume of 32,724,700 shares, while its average trading remained 18.34 million shares. If we look at the previous 5 day’s performance of the stock, it remained optimistic with the gain of 6.45%.

Another Copper company showing a bullish trend during prior trading, Southern Copper Corp (NYSE:SCCO) opened at the price of $33.34, whereas its previous closing price was recorded at $33.57. Company’s total market capitalization stands at $28.37 billion along with 845.12 million outstanding shares.

Is SCCO a Solid Investment at These Levels? Read This Report For Details

SCCO increased 2.54% and traded within the range of $33.23 – $34.27 for the day. The 52 week range of the stock remained in between $27.72 – $42.03. Total volume of the stock was 2,640,900 shares during last trade, while its average volume is 2.24 million shares.

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Source: smartotc Posted Fri, April 26, 2013 16:43 - Permalink