Southern Copper (SCCO) Stock Price, News & Analysis

-0.39 (-0.36%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
1.50 million shs
Average Volume
1.13 million shs
Market Capitalization
$84.46 billion
P/E Ratio
Dividend Yield
Price Target

Southern Copper MarketRank™ Stock Analysis

Analyst Rating
1.57 Rating Score
30.4% Downside
$76.00 Price Target
Short Interest
6.67% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.46mentions of Southern Copper in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$27,880 Sold Last Quarter
Proj. Earnings Growth
From $3.95 to $4.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.16 out of 5 stars

Basic Materials Sector

86th out of 173 stocks

Metal Mining Industry

12th out of 21 stocks

SCCO stock logo

About Southern Copper Stock (NYSE: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, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; a coal mine; and a zinc refinery. The company has interests in 156,818 hectares and 502,688 hectares of concessions in Peru and Mexico; and 168,200 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

SCCO Stock Price History

SCCO Stock News Headlines

The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Southern Copper (NYSE:SCCO) Rating Lowered to Reduce at HSBC
Southern Copper (NYSE:SCCO) PT Raised to $55.00
Up 34% YTD, Is This Copper Stock Overvalued?
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Southern Copper (NYSE:SCCO) Shares Gap Up to $116.95
AI Data Centers Seen Driving Demand For Copper
SCCO Apr 2024 120.000 call
SCCO May 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 2/29 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Metal mining
Diversified Metals & Mining
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
7 Analysts


Net Income
$2.43 billion
Pretax Margin


Sales & Book Value

Annual Sales
$9.90 billion
Cash Flow
$4.13 per share
Book Value
$9.68 per share


Free Float
Market Cap
$84.45 billion
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Key Executives

  • Mr. Oscar Gonzalez Rocha (Age 86)
    President, CEO & Director
    Comp: $1.22M
  • Mr. Raul Jacob Ruisanchez (Age 66)
    VP of Finance, Treasurer & CFO
    Comp: $385.09k
  • Ms. Lina A. Vingerhoets Vilca (Age 63)
    Comp: $222.89k
  • Mr. Edgard Corrales Aguilar (Age 68)
    Vice President of Exploration
    Comp: $321.62k
  • Mr. Julian Jorge Lazalde Psihas (Age 56)
    Comp: $323.65k
  • Mr. Victor Pedraglio
    Manager of Financial Planning & Investor Relations
  • Mr. Andres Carlos Ferrero Ghislieri (Age 55)
    General Counsel

Should I Buy Southern Copper Stock? SCCO Pros and Cons Explained


Here are some ways that investors could benefit from investing in Southern Copper Co.:

  • Southern Copper Co. has shown consistent revenue growth over recent periods, indicating a strong financial performance.
  • The company's diversified operations across multiple countries provide geographic diversification, reducing risk associated with a single region.
  • With a current stock price of $102.61, Southern Copper Co. has shown a steady increase in stock value, offering potential for capital appreciation.
  • Strong net margin of 24.51% showcases efficient cost management and profitability.
  • Positive return on equity of 30.85% reflects the company's ability to generate profit from shareholders' equity.


Investors should be bearish about investing in Southern Copper Co. for these reasons:

  • The company's stock price volatility, with a beta of 1.27, indicates higher sensitivity to market movements, potentially leading to increased risk.
  • Recent earnings report showed a lower than expected earnings per share, which may impact investor confidence in the short term.
  • Debt-to-equity ratio of 0.84 suggests a moderate level of debt, which could pose risks in case of economic downturns or rising interest rates.
  • Market cap of $79.33 billion may limit significant growth potential for investors seeking high-growth opportunities.
  • Fluctuations in commodity prices, especially copper, can directly impact Southern Copper Co.'s profitability and stock performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Southern Copper pros and cons to contact@marketbeat.com.

SCCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Southern Copper stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last year. There are currently 5 sell ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SCCO shares.
View SCCO analyst ratings
or view top-rated stocks.

What is Southern Copper's stock price target for 2024?

7 Wall Street research analysts have issued 1 year target prices for Southern Copper's shares. Their SCCO share price targets range from $55.00 to $130.00. On average, they expect the company's stock price to reach $76.00 in the next twelve months. This suggests that the stock has a possible downside of 30.4%.
View analysts price targets for SCCO
or view top-rated stocks among Wall Street analysts.

How have SCCO shares performed in 2024?

Southern Copper's stock was trading at $86.07 at the start of the year. Since then, SCCO shares have increased by 26.9% and is now trading at $109.23.
View the best growth stocks for 2024 here

Are investors shorting Southern Copper?

Southern Copper saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,800,000 shares, an increase of 29.8% from the February 29th total of 4,470,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 5.5 days. Currently, 6.8% of the company's shares are short sold.
View Southern Copper's Short Interest

When is Southern Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SCCO earnings forecast

How were Southern Copper's earnings last quarter?

Southern Copper Co. (NYSE:SCCO) posted its quarterly earnings data on Friday, February, 2nd. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.15. The basic materials company earned $2.30 billion during the quarter, compared to the consensus estimate of $2.37 billion. Southern Copper had a trailing twelve-month return on equity of 30.85% and a net margin of 24.51%.

How often does Southern Copper pay dividends? What is the dividend yield for Southern Copper?

Southern Copper declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 13th will be paid a dividend of $0.80 per share on Thursday, February 29th. This represents a $3.20 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Monday, February 12th.
Read our dividend analysis for SCCO

Is Southern Copper a good dividend stock?

Southern Copper (NYSE:SCCO) pays an annual dividend of $3.20 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 101.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SCCO will have a dividend payout ratio of 67.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCCO.

What other stocks do shareholders of Southern Copper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern Copper investors own include Alibaba Group (BABA), NVIDIA (NVDA), B2Gold (BTG), Freeport-McMoRan (FCX), Applied Materials (AMAT), Intel (INTC), Newmont (NEM), Compañía de Minas Buenaventura S.A.A. (BVN), JPMorgan Chase & Co. (JPM) and General Electric (GE).

Who are Southern Copper's major shareholders?

Southern Copper's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.08%), Sumitomo Mitsui Trust Holdings Inc. (0.03%), Raymond James & Associates (0.02%), Wealth Enhancement Advisory Services LLC (0.01%), Alaska Permanent Fund Corp (0.01%) and Raymond James Financial Services Advisors Inc. (0.01%). Insiders that own company stock include Andreve Vicente Ariztegui, Bonilla Luis Miguel Palomino, German Larrea Mota Velasco and Sanchez Mejorada Enri Castillo.
View institutional ownership trends

How do I buy shares of Southern Copper?

Shares of SCCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SCCO) was last updated on 4/24/2024 by MarketBeat.com Staff

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