Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. 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 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. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and three SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 44,182 hectares of exploration concessions in Peru; 148,122 hectares of exploration concessions in Mexico; 64,899 hectares of exploration concessions in Argentina; 36,387 hectares of exploration concessions in Chile; and 7,298 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.
Industry, Sector and Symbol
Industry Metal mining
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
Phone602-264-1375
Debt
Current Ratio2.71
Quick Ratio1.88
Price-To-Earnings
Sales & Book Value
Annual Sales$6.65 billion
Price / Sales3.57
Price / Cash Flow17.75
Price / Book3.86
Profitability
Net Income$728.50 million
Net Margins13.24%
Return on Assets6.86%
Miscellaneous
Employees13,140
OptionableOptionable
Southern Copper (NYSE:SCCO) Frequently Asked Questions
What is Southern Copper's stock symbol?
Southern Copper trades on the New York Stock Exchange (NYSE) under the ticker symbol "SCCO."
How often does Southern Copper pay dividends? What is the dividend yield for Southern Copper?
Southern Copper announced a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend is Tuesday, November 6th. View Southern Copper's Dividend History.
How were Southern Copper's earnings last quarter?
Southern Copper Corp (NYSE:SCCO) released its earnings results on Wednesday, October, 24th. The basic materials company reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.02. The basic materials company had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.80 billion. Southern Copper had a return on equity of 14.97% and a net margin of 13.24%. View Southern Copper's Earnings History.
When is Southern Copper's next earnings date?
What price target have analysts set for SCCO?
10 brokerages have issued 12-month price targets for Southern Copper's shares. Their predictions range from $32.12 to $53.00. On average, they expect Southern Copper's stock price to reach $40.9578 in the next twelve months. This suggests a possible upside of 33.4% from the stock's current price. View Analyst Price Targets for Southern Copper.
What is the consensus analysts' recommendation for Southern Copper?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last year. There are currently 5 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Southern Copper.
Has Southern Copper been receiving favorable news coverage?
Media headlines about SCCO stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southern Copper earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Southern Copper's key competitors?
Some companies that are related to Southern Copper include BHP Group (BHP), Vale (VALE), Rio Tinto (RIO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Anglo American (NGLOY), Freeport-McMoRan (FCX), SOUTH32 LTD/S (SOUHY), FORTESCUE METAL/S (FSUGY), First Quantum Minerals (FQVLF), Compania de Minas Buenaventura SAA (BVN), Lundin Mining (LUNMF), Turquoise Hill Resources (TRQ), VEDA RESO/PAR VTG FPD 0.1 (VDNRF), EXXARO RESOURCE/S (EXXAY) and Cleveland-Cliffs (CLF).
Who are Southern Copper's key executives?
Southern Copper's management team includes the folowing people:
- Mr. Oscar González Rocha, Pres, CEO & Director (Age 80)
- Mr. Edgard Corrales Aguilar, VP of Exploration (Age 63)
- Mr. Julián Jorge Lazalde Psihas, Sec. (Age 51)
- Mr. Germán Larrea Mota-Velasco, Chairman (Age 66)
- Mr. Raul Jacob Ruisanchez, VP of Fin., Treasurer & CFO (Age 61)
Who are Southern Copper's major shareholders?
Southern Copper's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.02%), Fox Run Management L.L.C. (0.00%) and Sit Investment Associates Inc. (0.00%). Company insiders that own Southern Copper stock include Bonilla Luis Miguel Palomino, German Larrea Mota Velasco and Quintanilla Daniel Muniz. View Institutional Ownership Trends for Southern Copper.
Which institutional investors are selling Southern Copper stock?
SCCO stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. Company insiders that have sold Southern Copper company stock in the last year include Bonilla Luis Miguel Palomino and Quintanilla Daniel Muniz. View Insider Buying and Selling for Southern Copper.
Which institutional investors are buying Southern Copper stock?
How do I buy shares of Southern Copper?
Shares of SCCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Southern Copper's stock price today?
One share of SCCO stock can currently be purchased for approximately $30.70.
How big of a company is Southern Copper?
Southern Copper has a market capitalization of $24.51 billion and generates $6.65 billion in revenue each year. Southern Copper employs 13,140 workers across the globe.
What is Southern Copper's official website?
How can I contact Southern Copper?
Southern Copper's mailing address is 1440 EAST MISSOURI AVENUE SUITE 160, PHOENIX AZ, 85014. The basic materials company can be reached via phone at 602-264-1375 or via email at [email protected]
MarketBeat Community Rating for Southern Copper (NYSE SCCO)
MarketBeat's community ratings are surveys of what our community members think about Southern Copper and other stocks. Vote "Outperform" if you believe SCCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
