Copper Stocks: Freeport-McMoRan Copper & Gold (NYSE:FCX), Southern Copper (NYSE:SCCO), Nevsun Resources (NYSEMKT:NSU), Augusta Resource (NYSEMKT:AZC)

Freeport-McMoRan Copper & Gold (NYSE:FCX) saw a large increase in short interest during the month of January. As of March 14th, there was short interest totalling 32,564,305 shares, an increase of 19.8% from the February 28th total of 27,192,343 shares, Analyst RN reports. Approximately 3.2% of the company’s stock are sold short. Based on an average trading volume of 14,130,061 shares, the short-interest ratio is currently 2.3 days. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), shares after opening at $33.65 moved to $33.80 on last trade day and at the end of the day closed at $33.32. Company price to sales ratio in past twelve months was calculated as 1.65 and price to cash ratio as 17.43. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), showed a positive weekly performance of 1.40%.

Southern Copper Corp (NYSE:SCCO) engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined silver. Southern Copper Corp (NYSE:SCCO), shares advanced 0.30% in last trading session and ended the day on $30.14. Southern Copper Corp (NYSE:SCCO), return on equity ratio is recorded as 30.60% and its return on assets is 14.90%. Southern Copper Corp (NYSE:SCCO), yearly performance is -13.61%.

Nevsun Resources (NYSEMKT:NSU) has been downgraded by TheStreet Ratings from buy to hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company’s earnings per share, deteriorating net income and poor profit margins. Nevsun Resources (USA) (NYSEMKT:NSU), shares moved up 0.30% in last trading session and was closed at $3.38, while trading in range of $ 3.35 – 3.43. Nevsun Resources (USA) (NYSEMKT:NSU), year to date (YTD) performance is 2.74%.

On April, 2, 2014, Augusta Resource Corporation (tsx and nyse mkt:AZC) (“Augusta” or “the Company”) announced that its audited consolidated financial statements for the years ended December 31, 2013 and 2012 are now available on the Company’s website at www.augustaresource.com . The financial statements were also filed on SEDAR ( www.sedar.com ) and with the SEC (www.sec.gov ) as part of the Company’s Annual Report on Form 40-F on March 31, 2014. Augusta Resource Corp. (USA) (NYSEMKT:AZC), weekly performance is 1.29%. On last trading day company shares ended up $3.15. Augusta Resource Corp. (USA) (NYSEMKT:AZC),distance from 50-day simple moving average (SMA50) is 14.40%. Analysts mean target Price for the company is $4.37.