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
Stock Exchange NYSE
Industry Metal mining
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNYSE:SCCO
CUSIP84265V10
Phone602-264-1375
Debt
Debt-to-Equity Ratio0.91
Current Ratio3.15
Quick Ratio2.15
Price-To-Earnings
Trailing P/E Ratio28.09
Forward P/E Ratio18.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$6.65 billion
Price / Sales5.14
Cash Flow$1.8573 per share
Price / Cash23.83
Book Value$7.95 per share
Price / Book5.57
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$728.50 million
Net Margins13.78%
Return on Equity15.48%
Return on Assets7.13%
Miscellaneous
Employees13,140
Outstanding Shares773,040,000
Market Cap$33.44 billion
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, July 24th. Investors of record on Wednesday, August 8th will be paid a dividend of $0.40 per share on Tuesday, August 21st. This represents a $1.60 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend is Monday, August 6th. This is a boost from Southern Copper's previous quarterly dividend of $0.30. View Southern Copper's Dividend History.
How were Southern Copper's earnings last quarter?
Southern Copper Corp (NYSE:SCCO) issued its earnings results on Wednesday, August, 1st. The basic materials company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.11. Southern Copper had a net margin of 13.78% and a return on equity of 15.48%. View Southern Copper's Earnings History.
When is Southern Copper's next earnings date?
What price target have analysts set for SCCO?
10 Wall Street analysts have issued twelve-month price objectives for Southern Copper's shares. Their forecasts range from $39.00 to $53.00. On average, they expect Southern Copper's stock price to reach $45.2143 in the next year. This suggests a possible upside of 2.2% 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 4 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Southern Copper.
Who are some of Southern Copper's key competitors?
Some companies that are related to Southern Copper include BHP Billiton (BHP), Vale (VALE), Rio Tinto (RIO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Freeport-McMoRan (FCX), SOUTH32 Ltd/S (SOUHY), First Quantum Minerals (FQVLF), FORTESCUE METAL/S (FSUGY), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Cleveland-Cliffs (CLF), Compania de Minas Buenaventura SAA (BVN), Vedanta Resources (VDNRF), Nexa Resources (NEXA) and Pretium Resources (PVG).
Who are Southern Copper's key executives?
Southern Copper's management team includes the folowing people:
- Mr. Oscar González Rocha, Pres, CEO & Director (Age 79)
- Mr. Edgard Corrales Aguilar, VP of Exploration (Age 62)
- Mr. Julián Jorge Lazalde Psihas, Sec. (Age 50)
- Mr. Germán Larrea Mota-Velasco, Chairman (Age 65)
- Mr. Raul Jacob Ruisanchez, VP of Fin., Treasurer & CFO (Age 60)
Who are Southern Copper's major shareholders?
Southern Copper's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.79%), Acadian Asset Management LLC (0.45%), Fisher Asset Management LLC (0.14%), Northern Trust Corp (0.13%), Oakmont Corp (0.10%) and Cypress Funds LLC (0.10%). 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 major investors are selling Southern Copper stock?
SCCO stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BlackRock Inc., Commonwealth Bank of Australia, Aviance Capital Management LLC, California Public Employees Retirement System, Los Angeles Capital Management & Equity Research Inc., Andra AP fonden and Bank of America Corp DE. 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 major investors are buying Southern Copper stock?
SCCO stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Unigestion Holding SA, Oakmont Corp, Acadian Asset Management LLC, Cypress Funds LLC, Russell Investments Group Ltd., Janus Henderson Group PLC and Millennium Management LLC. View Insider Buying and Selling for Southern Copper.
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 $44.26.
How big of a company is Southern Copper?
Southern Copper has a market capitalization of $33.44 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.
