EdgeWater 12/31/2010 11:21:55 PM
News / Business

Copper Stocks In Focus (FCX, TGB, SCCO, SLT)

Copper Stocks In Focus

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) slid 0.17% to $118.95. Freeport-McMoRan Copper & Gold Inc. through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company.

The stock has average daily volume of 8.97 million shares. At today`s closing market price, the market capitalization of the company stands at $56.01 billion.

Taseko Mines Limited (USA) (AMEX:TGB) fell 0.58% to $5.17. Over the past five trading sessions, the stock added more than 2% and jumped more than 22% year-to-date.

Taseko Mines Limited is a Canada-based company. As of December 31, 2009, the Company's principal business activities related to the operations of the Gibraltar Copper Mine, and exploration on the surrounding properties, as well as exploration on the Company’s 100% owned Prosperity Gold- Copper Property, Harmony Gold Property and Aley Niobium Property.

Southern Copper Corporation (USA) (NYSE:SCCO) surged 0.16% to $48.84. The stock has average daily volume of 1.69 million shares. At today`s closing market price, the market capitalization of the company stands at $41.51 billion.

Sterlite Industries India Limited (ADR) (NYSE:SLT) gained 1.59% to $16.63. The stock opened at $16.58 and was trading within the range of $16.49-$16.79.

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