Wednesday, November 24, 2010

Copper Stocks Fell On Tuesday (FCX, SCCO, TGB, SLT)

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) dropped 3.24% to $98.70. The
52-week range of the stock is $56.71-$108.51. The stock went up more than 23%
year-to-date. Freeport-McMoRan Copper & Gold Inc. (FCX), through its wholly
owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and
molybdenum mining company. Southern Copper Corporation (USA) (NYSE:SCCO)
fell5.31% to $41.94. The 52-week range of the stock is $25.56-$47.48. The stock
opened at $42.87 and is trading within the range of $41.75-$43.17. At today`s
closing market price, the market capitalization of the company stands at $35.65
billion. Southern Copper Corporation (SCC) is an integrated copper producer. The
Company produces copper, molybdenum, zinc and silver. Taseko Mines Limited (USA)
(AMEX:TGB) ended 3.86% lower at $4.48. The 52-week range of the stock is
$2.98-$7.23. The stock opened at $4.57 and is trading within the range of
$4.42-$4.61. At today`s closing market price, the market capitalization of the
company stands at $836.87 Million. Taseko Mines Limited (Taseko) is a
Canada-based company. Sterlite Industries India Limited (ADR) (NYSE:SLT) dropped
3.42% to $14.98. The 52-week range of the stock is $12.58-$20.10. The stock
plunged more than 18% year-to-date. Sterlite Industries (India) Limited
(Sterlite) is a non-ferrous metals and mining company. The Company is a
subsidiary of Vedanta Resources plc (Vedanta).

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