Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Reports First-Quarter2014 Results. Net income attributable to common stock totaled $510 million, $0.49 per share, for first-quarter 2014, compared with net income of $648 million, $0.68 per share, for first-quarter 2013. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) shares after opening at $34.04 moved to $34.05 on last trade day and at the end of the day closed at $33.89. Company price to sales ratio in past twelve months was calculated as 1.68 and price to cash ratio as 17.73. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) showed a positive weekly performance of 2.76%.
Southern Copper Corp (NASDAQ:SCCO) was downgraded by equities research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday. Southern Copper Corp (NYSE:SCCO) shares fell -0.44% in last trading session and ended the day on $29.66. 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 -8.14%.
Shares of Nevsun Resources (NYSE:NSU) have earned an average rating of “Buy” from the eight analysts that are currently covering the company. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $4.50. Nevsun Resources (USA) (NYSEMKT:NSU) shares moved down -0.55% in last trading session and was closed at $3.59, while trading in range of $3.57-$3.71. Nevsun Resources (USA) (NYSEMKT:NSU) year to date performance is 9.12%.
On April 23, 2014 Augusta Resource Corp. (USA) (NYSEMKT:AZC) provided an update on its strategic review process which continues to be robust. The Company also provided an update on permitting and project financing, with both processes advancing well and on track for completion in the second and third quarter of 2014, respectively. Augusta Resource Corp. (USA) (NYSEMKT:AZC) On last trading day company shares ended up $2.90. Augusta Resource Corp. (USA) (NYSEMKT:AZC) distance from 50-day simple moving average is -4.94%. Analysts mean target price for the company is $4.37.