Southern Copper Corporation (SCCO)
| Market Cap | 82.10B |
| Revenue (ttm) | 11.96B |
| Net Income (ttm) | 3.59B |
| Shares Out | 804.07M |
| EPS (ttm) | 4.52 |
| PE Ratio | 22.57 |
| Forward PE | 23.83 |
| Dividend | $2.74 (2.68%) |
| Ex-Dividend Date | May 2, 2025 |
| Volume | 1,743,787 |
| Open | 101.45 |
| Previous Close | 101.17 |
| Day's Range | 100.42 - 103.93 |
| 52-Week Range | 74.17 - 119.64 |
| Beta | 1.02 |
| Analysts | Sell |
| Price Target | 91.58 (-10.3%) |
| Earnings Date | Jul 18, 2025 |
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 copper, ... [Read more]
Financial Performance
In 2024, Southern Copper's revenue was $11.43 billion, an increase of 15.54% compared to the previous year's $9.90 billion. Earnings were $3.38 billion, an increase of 39.24%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for SCCO stock is "Sell." The 12-month stock price target is $91.58, which is a decrease of -10.30% from the latest price.
News
This Changes Everything: One Of The Most Important Shifts For Dividend Investors
Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its ba...
Final Trades: TWI, SMH, NKE, SCCO
The final trades of the day with CNBC's Melissa Lee and the “Fast Money” traders.
Southern Copper Corporation: Downside Risk Too High To Justify A Buy. I'll Pass For Now
Southern Copper's financials are strong, with record revenue and cash flow, but the stock trades at very high multiples for a commodity company. Copper's long-term demand outlook is positive, yet curr...
Final Trade: AVGO, SCCO, LULU
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Solis Announces Drill Rig Mobilised to Chancho al Palo, Peru
HIGHLIGHTS 2,500m diamond drilling programme to commence at Chancho al Palo, targeting a range of porphyry and iron oxide copper-gold ("IOCG") targets. Ilo Este mining agency drill permit approved, wi...
Copper And Southern Copper: New Highs For The Red Metal On The Horizon
Copper prices rebounded from a 24.6% correction and surpassed the May 2024 high, driven by tariffs, supply issues, and green energy demand. Southern Copper Corporation shares underperformed despite co...
Copper Is Shining Bright And Southern Copper Should Follow Suit
The recent executive order by President Trump has led to a 30% rally in copper prices, driven by speculative demand and potential tariffs. Southern Copper Corporation is well-positioned to benefit fro...
Top 3 Utilities Stocks You May Want To Dump In January
As of Jan. 28, 2025, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The Federal Reserve Just Gave Dividend Investors A Huge Christmas Gift
The Federal Reserve just cut rates but reduced the outlook for future rate cuts. This sent the market tumbling lower. However, I believe this is a huge gift to dividend investors.
Southern Copper Corrects: The Compelling Case For It And Copper
Copper's long-term bullish trend remains intact, with higher lows and highs despite significant corrections, suggesting continued price increases. Southern Copper Corporation offers leveraged performa...
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.
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...