Information Provided By:
Fly News Breaks for February 19, 2019
SCCO
Feb 19, 2019 | 06:37 EDT
As previously reported, Goldman Sachs analyst Thiago Ojea initiated Southern Copper with a Buy rating and a price target of $39 as part of his broader launch of research coverage on Latin America metals sector. The analyst cites the company having the world's largest "copper reserves with the lowest cash costs". Ojea further notes its "attractive" project pipeline and a "compelling" valuation.