Southern Copper Corporation (SCCO)
| Market Cap | 56.97B |
| Revenue (ttm) | 10.42B |
| Net Income (ttm) | 2.88B |
| Shares Out | 773.11M |
| EPS (ttm) | 3.72 |
| PE Ratio | 19.24 |
| Forward PE | 17.30 |
| Dividend | $4.00 (5.59%) |
| Ex-Dividend Date | Nov 7, 2023 |
| Volume | 691,878 |
| Open | 72.91 |
| Previous Close | 73.69 |
| Day's Range | 71.48 - 72.91 |
| 52-Week Range | 59.15 - 87.59 |
| Beta | 1.25 |
| Analysts | Sell |
| Price Target | 64.50 (-9.9%) |
| Earnings Date | Feb 1, 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]
Financial Performance
In 2022, SCCO's revenue was $10.05 billion, a decrease of -8.10% compared to the previous year's $10.93 billion. Earnings were $2.64 billion, a decrease of -22.33%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SCCO stock is "Sell." The 12-month stock price forecast is $64.5, which is a decrease of -9.90% from the latest price.
News
Southern Copper's net income up 19% to $620M in Q3 on higher metal prices
(Kitco News) - Southern Copper (NYSE: SCCO), one of the world's largest copper producers, announced Tuesday that its mined copper production in Q3 2023 decreased by 1.9% y-o-y to 226,120 tons (Q3 2022...
The world's largest silver producers in Q2 2023 - report
(Kitco News) - Kitco ranked the top 10 silver producing companies worldwide based on reported silver output in Q2 2023.
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Southern Copper reports 3.6% increase in net income to $813M in Q1 as copper production up 4.1%
(Kitco News) - Southern Copper (NYSE: SCCO), one of the world's largest copper producers, announced yesterday that its mined copper production in Q1 2023 increased by 4.1% y-o-y to 223,272 tons.
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Southern Copper posts net income of $519M in Q3, flags lower metal prices and higher costs
(Kitco News) - Southern Copper (NYSE: SCCO), one of the world's largest copper producers, announced Friday that the company mined 230,522 tons of copper in Q3 2022, down 6% compared to Q3 2021 (245,14...
Southern Copper posts 54% decline in quarterly net income due to inflation, lower production and copper prices
(Kitco News) - Southern Copper (NYSE: SCCO), one of the largest copper producers worldwide, announced Wednesday that the company produced 208,428 tons of copper in Q2 2022, down 12.1% quarter-on-quart...
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Southern Copper reports 10% copper production decline in Q1, says net income up on higher metal prices
(Kitco News) - Southern Copper (NYSE: SCCO), one of the largest copper producers worldwide, announced today that its Q1 2022 copper production decreased by 10% year-over-year to 214,480 tonnes.
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Southern Copper says its 2021 net income up 116% to a record $3.4 billion as production exceeds guidance
(Kitco News) - Southern Copper (NYSE: SCCO), one of the largest copper producers worldwide, announced yesterday that its 2021 copper production decreased by 4.3% year-over-year to 958,200 tonnes.
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Southern Copper reports 72% net income jump in Q3 while copper output remains flat
(Kitco News) - Southern Copper (NYSE: SCCO), one of the largest copper producers worldwide, announced today that its copper output of 245,146 tonnes in Q3 2021 was virtually unchanged compared to 246,...
Southern Copper net income surges 259% in Q2 2021 despite production decline
(Kitco News) - The company's Q2 2021 net income was $932.7 million, which represented a 259.4% increase with regard to the $259.5 million registered in Q2 2020.
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...
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