Southern Copper Corporation (SCCO)

NYSE: SCCO · IEX Real-Time Price · USD
125.35
+5.19 (4.32%)
At close: May 17, 2024, 4:00 PM
125.90
+0.55 (0.44%)
After-hours: May 17, 2024, 7:55 PM EDT
4.32%
Market Cap 97.88B
Revenue (ttm) 9.70B
Net Income (ttm) 2.35B
Shares Out 781.16M
EPS (ttm) 3.01
PE Ratio 41.66
Forward PE 31.47
Dividend $3.17 (2.53%)
Ex-Dividend Date Feb 12, 2024
Volume 1,039,307
Open 123.37
Previous Close 120.16
Day's Range 122.54 - 125.54
52-Week Range 64.66 - 125.54
Beta 1.28
Analysts Sell
Price Target 91.68 (-26.86%)
Earnings Date Apr 26, 2024

About SCCO

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, co... [Read more]

Industry Copper
Sector Materials
Founded 1952
Employees 15,810
Stock Exchange NYSE
Ticker Symbol SCCO
Full Company Profile

Financial Performance

In 2023, SCCO's revenue was $9.90 billion, a decrease of -1.51% compared to the previous year's $10.05 billion. Earnings were $2.43 billion, a decrease of -8.08%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for SCCO stock is "Sell." The 12-month stock price forecast is $91.68, which is a decrease of -26.86% from the latest price.

Price Target
$91.68
(-26.86% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Anglo American and Other Copper Stocks Have Surged. Time to Sell.

Copper prices and shares of copper miners have just run too hot—and look vulnerable to declines.

Other symbols: FCX
22 days ago - Barrons

Top two U.S. copper stocks to buy as Rio Tinto promotes copper chief

Rio Tinto Ltd (LON: RIO) is in the green at writing after naming Bold Baatar its new chief commercial officer. Rio Tinto is committed to expanding in copper Baatar has been with the mining giant since...

Other symbols: FCXRIO
5 weeks ago - Invezz

Trade Alert: Bill Baruch sells Arm Holdings, buys Phillips 66 and buys more Southern Copper

Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.

Other symbols: ARMPSX
2 months ago - CNBC Television

Final Trades: Tesla, Uber, and Southern Copper

'Halftime Report' Investment Committee members, Josh Brown, Bill Baruch and Steve Weiss give their top picks to watch for the second half.

Other symbols: TSLAUBER
4 months ago - CNBC Television

Trade Tracker: Josh Brown sells A.O. Smith and Bill Baruch buys Southern Copper

Josh Brown, Ritholtz Wealth Management CEO, and Bill Baruch, Blue Line Capital Founder, join CNBC's "Halftime Report" to discuss their latest trades in the housing and commodities market.

Other symbols: AOS
5 months ago - CNBC Television

20 Stocks That Look Like They're in Bubble Territory Right Now

Stocks that are difficult to sell short are likely to be overvalued, a new study finds. These fit the bill.

11 months ago - Barrons

5 Copper Stocks For 2023 And Beyond

Copper stocks are poised to go up next year, but they could fall just as quickly. Here's what investors need to know about how to invest in copper mining in 2023 and beyond.

Other symbols: BHPFCXGOLDNEM
1 year ago - Forbes

Southern Copper: Is the Resilience Here to Stay?

Southern Copper Corp. ( SCCO , Financial) is a well-known copper mining player and integrated producer with mines, smelting and refining services in Peru and Mexico. Copper, molybdenum, zinc and silve...

2 years ago - GuruFocus

Southern Copper Has a High Dividend Yield, Strong Fundamentals

There are at least a couple of ways to get a higher-than-average dividend yield. One is to buy a risky stock—and cross all your fingers.

2 years ago - GuruFocus

Final Trades: LLY, XLE, SCCO & TSE

The final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Guy Adami and Courtney Garcia.

Other symbols: XLELLYTSE
2 years ago - CNBC Television

10X Dividend Growth With These 3 Mining Stocks

There's one hard asset that's still flying under the radar.

Other symbols: NEMRGLD
2 years ago - Forbes

Are These Stocks Cheaper Than Starbucks?

We believe that there are other stocks that are currently better valued than Starbucks' stock. SBUX's current price-to-operating income ratio (P/EBIT) of 33.5x is higher than levels of 22.4x for Pione...

Other symbols: FDXNOCREGN
2 years ago - Forbes

Should you buy Southern Copper shares in Q3 amid the rising copper market deficit?

Southern Copper Corp (NYSE:SCCO) shares edged higher 2.43% on Wednesday after the latest market report from the International Copper Study Group (ICSG) showed a rising deficit. According to the ICSG r...

3 years ago - Invezz

3 Commodity Stocks To Consider For Inflation

As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies bec...

Other symbols: NEMXOM
3 years ago - Benzinga

Aflac Among Today's Top Buys As Investors Overlook Disappointing Inflation Data

The Dow Jones rose 220 points, the S&P 500 jumped 0.8%, and the Nasdaq popped 1.2%. Make the most of this market with today's top buys from Q.ai's artificial intelligence.

Other symbols: AFLFWRDKWR
3 years ago - Forbes

Copper crunch drives record prices

Copper is emerging as the new commodity to cash in on.

Other symbols: COPXCPERFCX
3 years ago - Fox Business

Why Shares Of Southern Copper Are Trading Higher Today

Southern Copper (NYSE: SCCO) shares are trading higher amid continued strength in the price of copper, which has reached all-time highs.  Copper prices have surged recently as hopes of an economic reb...

3 years ago - Benzinga

Gorman-Rupp Co Among Today's Top Buys As Energy Stocks Lead And Tech Lags Following Colonial Pipeline Cyberattack

The tech sector is under pressure while energy and cybersecurity stocks have led the Dow to another record high. Make the most of this market with today's top buys from Q.ai's artificial intelligence ...

Other symbols: GRCNJRSASRTWNK
3 years ago - Forbes

3 Copper Stocks The Bears Are About To Hit

The inflation trade is crowded. That's Wall Street talk meaning that if everyone has the same idea, it can't be a good one.

Other symbols: BHPFCX
3 years ago - Benzinga

Top Stocks To Buy Today As The Market Hits Another Record

As the S&P hits another record, Q.ai's Artificial Intelligence has brought you today's top buys.

Other symbols: ELMTD
3 years ago - Forbes

Top Stocks To Buy Today As Markets Pick Up From Minor Decline

The markets are creeping back up after yesterday's decline. Q.ai's deep learning algorithms have crunched the numbers to bring you today's top buys.

Other symbols: AAPLNWSAORLYTXN
3 years ago - Forbes

Top Stocks To Buy Today Amid Dropping Bond Yields

Rising bond yields finally shifted direction — a welcome change for many investors. Meanwhile, Q.ai's deep learning algorithms have crunched the numbers to bring you today's top buys.

Other symbols: GSHDSIRISLGN
3 years ago - Forbes

Top Copper Stocks for Q1 2021

These are the copper stocks with the best value, fastest growth, and most momentum for Q1 2021.

Other symbols: COPXLUNMF
3 years ago - Investopedia

Southern Copper Stock Recovery Gone Too Far?

We believe there may be better opportunities than Southern Copper Corp stock (NYSE: SCCO) at the present time. SCCO trades at $44 currently and it has gained more than 5% in value so far this year.

3 years ago - Forbes

Strategas' Chris Verrone has some plays if the dollar keeps diving

Strategas' Chris Verrone charts the metals as gold trades at 9-year highs. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Jeff Mills and Karen Finerman.

Other symbols: AGCOBWACATCECMIDEEMN
4 years ago - CNBC Television