Technical analysts highlight the 100-day moving average at $4.07 as a key pivot for the "copper stock price". A sustained close above this level may confirm the continuation of the current uptrend. Investors should also note that SCCO has a PEG ratio of 1.28 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Mining - Non Ferrous industry held an average PEG ratio of 0.71. Take a look at this week’s five best-performing Canadian mining stocks below. The "copper stock price" moved higher on increased physical purchases from Southeast Asia, with analysts noting Vietnam’s Q2 imports surged 12% YoY, signifying expanding regional manufacturing capacity.
