Southern Copper Corporation (SCCO)

NYSE: SCCO · IEX Real-Time Price · USD
-2.10 (-2.85%)
At close: Dec 5, 2023, 4:00 PM
+0.41 (0.57%)
After-hours: Dec 5, 2023, 7:46 PM EST
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]

Industry Copper
Sector Materials
Founded 1952
Employees 15,018
Stock Exchange NYSE
Ticker Symbol SCCO
Full Company Profile

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 Statements

Analyst 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.

Price Target
(-9.90% downside)
Analyst Consensus: Sell
Stock Forecasts


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...

5 weeks ago - Kitco

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.

Other symbols: HLNEMPAAS
2 months ago - Kitco

Three High-Dividend Yield Stocks For Stable Income And Growth

In an ever-evolving world of investments, and increased uncertainty in global markets, owning or investing in high dividend yield stocks has emerged as an enticing avenue for investors seeking a stabl...

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5 months ago - MarketBeat

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.

6 months ago - Barrons

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.

7 months ago - Kitco

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 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...

1 year ago - Kitco

Stock Market: 3 Islands Of Strength In A Sea Of Red

The analysts are upgrading these stocks despite the broad market weakness which means these are stock investors should pay attention to.

1 year ago - MarketBeat

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...

1 year ago - Kitco

Are These Cheap Copper Stocks Right For Your Portfolio?

Copper stocks are cheap  Despite the issues weighing on copper prices, copper stocks may still provide some upside as valuations remain reasonable and earnings are likely to continue to rise during th...

Other symbols: FCX
1 year ago - MarketBeat

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...

1 year ago - GuruFocus

Consider These Dividend-Paying Stocks During Inflationary Times

Inflation came in hotter than expected in May, as food, energy, and shelter costs put upward pressure on prices. Inflation has been high for the year and could continue to run on the high side for sev...

Other symbols: KMIMFCT
1 year ago - MarketBeat

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.

1 year ago - GuruFocus

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.

1 year ago - Kitco

3 Natural Resource Stocks in Overdrive Amid World Tensions

What should you invest in right now, you ask? Two words: Natural resources!

Other symbols: DVNSBSW
1 year ago - MarketBeat

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.

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1 year 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
1 year ago - Forbes

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.

1 year ago - Kitco

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: FDXNOCPXDREGN
2 years ago - Forbes

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,...

2 years ago - Kitco

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.

2 years ago - Kitco

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...

2 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
2 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's artificial intelligence.

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2 years ago - Forbes

Copper crunch drives record prices

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

Other symbols: COPXCPERFCX
2 years ago - Fox Business