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Deutsche Bank rates Southern Copper (PCU) as Sell

Wed, Nov 5, 2008

Copper Market News

Deutsche Bank had downgraded Southern Copper from Hold to Sell.

Deutsche analyst said:

We are downgrading PCU based mainly on valuation and the stock’s impressive rally - PCU has gained 70% in 6 trading days since hitting a low of US$9.84/share on October 27th compared with a gain of 18% for the S&P500.

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  • The Copper Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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