Southern Copper Corporation (SCCO)
| Market Cap | 92.17B |
| Revenue (ttm) | 10.52B |
| Net Income (ttm) | 2.75B |
| Shares Out | 785.53M |
| EPS (ttm) | 3.51 |
| PE Ratio | 33.38 |
| Forward PE | 25.31 |
| Dividend | $2.38 (2.03%) |
| Ex-Dividend Date | Aug 9, 2024 |
| Volume | 674,025 |
| Open | 118.10 |
| Previous Close | 117.08 |
| Day's Range | 116.95 - 119.48 |
| 52-Week Range | 68.59 - 129.14 |
| Beta | 1.18 |
| Analysts | Sell |
| Price Target | 91.66 (-21.88%) |
| Earnings Date | Oct 30, 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 2023, Southern Copper'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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for SCCO stock is "Sell." The 12-month stock price forecast is $91.66, which is a decrease of -21.88% from the latest price.
News
Top 4 Materials Stocks That May Implode In Q3
As of Sept. 27, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The More It Drops, The More I Buy
A sector of the market has pulled back meaningfully over the past three months. However, it offers very attractive dividends and has a very bullish long-term outlook, backed by numerous macro trends. ...
Southern Copper Corporation (SCCO) Q2 2024 Earnings Call Transcript
Southern Copper Corporation (NYSE:SCCO) Q2 2024 Earnings Conference Call July 22, 2024 11:00 AM ET Company Participants Raul Jacob - VP Finance, Treasurer and CFO Conference Call Participants Carlos ...
Southern Copper to restart development of Peru mine on Monday -document
Peruvian copper producer Southern Copper , controlled by Grupo Mexico, plans on Monday to restart development of the long-postponed Tia Maria project, according to an internal document seen by Reuters...
Commodity Stocks Caught Fire. Now, It's Time to Get Out.
Investors have gotten ahead of themselves. These names have big gains, then big losses.
These copper stocks are buzzing as copper price hits record high
Demand for copper in a diverse set of industries has been on the rise this year as the global economy continues to thrive. In fact, price of the industrial metal hit an all-time high on Tuesday.
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.
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...
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.
Southern Copper Is An Ideal Copper Miner, And Mr. Market Knows It
Southern Copper is the best copper miner with extensive reserves, low cash costs, and long mine life. The company maintains excellent liquidity and solvency. Its profit margins and returns exceed its ...
December's 5 Dividend Growth Stocks With 5.10%+ Yields
Dividend growth stocks can provide reliable cash flows and long-term wealth to income investors. In this monthly publication, we screen dividend stocks based on safety, growth, and consistency, which ...
Time For Copper To Shine: The Case For Southern Copper And Freeport-McMoRan
Copper prices have fallen by about 20% in 2023, presenting an opportune entry point for long-term investors. There's an expected shortfall in copper supply, which is likely to drive prices upward in t...
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.
Southern Copper: Valued For Copper At $4.5 Per Pound Across A Decade
Southern Copper is a remarkable player in the copper mining sector, which holds a strategic position guaranteed to capitalize on the promising future of copper. Copper's demand is poised for substanti...
Southern Copper: Global Leader Poised To Exploit Clean Energy Boom
Southern Copper Corporation, with the world's largest reserves of the red metal, is well-positioned to exploit the expected boom in critical minerals amid the global green energy race. The company has...
Southern Copper: A Good Copper Bet With A High Dividend
Southern Copper reported second quarter 2023 earnings of $0.71 per share. SCCO owns the world's largest copper reserves and is expected to produce 1.6 million tons of copper by 2032. I recommend buyin...
Southern Copper: Added To Watchlist
Southern Copper is predominantly focused on copper distinguishing it from many of its peers who focus on a broader range of minerals. The company's strategic focus on copper aligns with the global shi...
Southern Copper: The Copper Price Uncertainty Affects The Share Price
Southern Copper's earnings per diluted share were $1.05 per share, and revenues were $2.793 billion. Copper Production for 1Q23 was 492.2 Cu M lbs and 492.9 Cu M lbs, including third party (sold 504.3...
Southern Copper To Continue Outperformance As Global Supply-Demand Dynamics Support Prices
Southern Copper To Continue Outperformance As Global Supply-Demand Dynamics Support Prices.
Freeport-McMoRan And Southern Copper: One Has A Fatter Profit Margin
Freeport-McMoRan And Southern Copper: One Has A Fatter Profit Margin.
5 Relatively Safe And Cheap Dividend Stocks To Invest In - April 2023
This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms. We go ove...
Southern Copper: It Is All About Copper Prices
On February 3, 2023, Southern Copper Corporation reported fourth-quarter and full-year 2022 earnings of $1.17 per share on a net sale of $2,820.3 million, beating analysts' expectations. Copper Produc...
3 Safe Dividend Paying Stocks For Inflationary Times
Inflation tends to eat into purchasing; therefore, stocks that provide a relatively high dividend can play a key role in your portfolio. The stocks should be safe enough to hold in a long-term portfol...
Investment Opportunities In Latin America
The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...