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 Ratio0.93
Current Ratio2.81
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio29.28
Forward P/E Ratio17.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$6.65 billion
Price / Sales5.24
Cash Flow$1.8159 per share
Price / Cash24.83
Book Value$7.95 per share
Price / Book5.67
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$728.50 million
Net Margins12.80%
Return on Equity13.90%
Return on Assets6.41%
Miscellaneous
Employees13,140
Outstanding Shares773,030,000
Market Cap$34,855.83
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 declared a quarterly dividend on Monday, April 23rd. Investors of record on Wednesday, May 9th will be given a dividend of $0.30 per share on Wednesday, May 23rd. This represents a $1.20 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Tuesday, May 8th. View Southern Copper's Dividend History.
How were Southern Copper's earnings last quarter?
Southern Copper Corp (NYSE:SCCO) released its quarterly earnings results on Wednesday, May, 2nd. The basic materials company reported $0.61 EPS for the quarter, meeting the Zacks' consensus estimate of $0.61. The basic materials company earned $1.84 billion during the quarter, compared to analyst estimates of $1.84 billion. Southern Copper had a net margin of 12.80% and a return on equity of 13.90%. View Southern Copper's Earnings History.
When is Southern Copper's next earnings date?
What price target have analysts set for SCCO?
11 equities research analysts have issued 12-month price objectives for Southern Copper's shares. Their forecasts range from $35.00 to $57.00. On average, they expect Southern Copper's stock price to reach $45.6429 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Ratings for Southern Copper.
What is the consensus analysts' recommendation for Southern Copper?
11 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Southern Copper's key competitors?
Some companies that are related to Southern Copper include BHP Billiton (BHP), Rio Tinto plc ADR Common Stock (RIO), Vale (VALE), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Freeport-McMoRan (FCX), SOUTH32 Ltd/S (SOUHY), FORTESCUE METAL/S (FSUGY), First Quantum Minerals (FQVLF), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), Vedanta Resources (VDNRF), Cleveland-Cliffs (CLF), Centamin (CELTF) and Nexa Resources (NEXA).
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. Daniel Muñiz Quintanilla, Exec. VP & Director (Age 44)
- 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)
Has Southern Copper been receiving favorable news coverage?
Media headlines about SCCO stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Southern Copper earned a media sentiment score of 0.21 on Accern's scale. They also assigned press coverage about the basic materials company an impact score of 44.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Southern Copper's major shareholders?
Southern Copper's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.14%), Manning & Napier Group LLC (0.07%), Denali Advisors LLC (0.04%), Bank of Montreal Can (0.01%) and State of Alaska Department of Revenue (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 major investors are selling Southern Copper stock?
SCCO stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have sold Southern Copper company stock in the last year include Bonilla Luis Miguel Palomino, German Larrea Mota Velasco 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, Manning & Napier Group LLC, Denali Advisors LLC and State of Alaska Department of Revenue. 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 $45.09.
How big of a company is Southern Copper?
Southern Copper has a market capitalization of $34.86 billion and generates $6.65 billion in revenue each year. Southern Copper employs 13,140 workers across the globe.
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.
