Southern Copper Corp. does not currently have any hardcopy reports on AnnualReports.com. A high-level overview of Southern Copper Corporation (SCCO) stock. EPS of $0.67 for the same period compares with $1.12 a year ago. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. During the second quarter of 2022, the Maritime Terminal of Guaymas, Mexico received ISO 45001 certification and the Charcas unit in Mexico became the first of our underground mines to obtain ISO 14001 certification. We have also promoted agricultural and livestock activities in the Tambo Valley and supported growth in manufacturing, fishing and tourism in Islay. The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Southern Copper. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This change outpaced the S&P 500's 0.4% gain on the day. Meanwhile, SCCO's PEG ratio is currently 1.4. Michiquillay - Cajamarca: In June 2018, Southern Copper signed a contract for the acquisition of the Michiquillay project in Cajamarca, Peru. To participate in the call: Please consider that we are using a new technological platform for this event. The company's low-cost position on the . The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Click here to see the values of some of the valuation metrics that have driven this grade. In 2021, the Company signed a Social Agreement with the Michiquillay and the Enca?ada Communities and, on October 1, 2021, the Peruvian Ministry of Energy and Mines approved the semi-detailed Environmental Impact Study for the project. Copy and paste multiple symbols separated by spaces. 875 Yeager Parkway Pelham, Alabama 35124. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. For the current fiscal year, the consensus earnings estimate of $3.04 points to a change of -30.8% from the prior year. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. These totals would mark changes of -5.69% and +1.63%, respectively, from last year. Our determination of the components of adjusted EBITDA is evaluated periodically based on a review of non-GAAP financial measures used by mining industry analysts. Claudia Pitre Manager, Investor Relations and Corporate Access +1 416 307 5105 Email: cpitre@barrick.com Kathy du Plessis Investor and Media Relations +44 20 7557 7738 Email: barrick@dpapr.com . Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 1.1%. Our Operating cash cost per pound of copper produced before by-product revenues allows us and our investors to monitor our cost structure and helps us address operating management areas of concern. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. INVESTOR RELATIONS: Genaro Guerrero Daz Mercado T. +52 55 5246 37 00 Ext. Revise nuestros resultados del tercer trimestre 2022 DESCARGAR NOTA COMPLETA, Revise nuestros resultados del segundo trimestre 2022 DESCARGAR NOTA COMPLETA, Anuncio de dividendo DESCARGAR NOTA COMPLETA, Subasta Electrnica No. We now employ 25 individuals and our facility is now over 30,000 square feet. The project includes an open-pit mine combining concentrator and SX-EW operations. The program materially . The company topped consensus revenue estimates two times over this period. S&P Global has recognized SCC?s sustainability efforts by including it in a new index, S&P/BVL Peru General ESG, as of April of this year. Nevertheless, the Company believes that by increasing the water supply, it will generate more palpable benefits for local communities. Net sales were also negatively impacted by the accounting adjustment of $173.5 million for a price variation on sales made and not yet collected. The stock outpaced the S&P 500's daily gain of. The Mining - Non Ferrous industry is part of the Basic Materials sector. These symbols will be available throughout the site during your session. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Our mission is to deliver a global network of trust, enabling clients to transform uncertainty into confidence, risk into opportunity and potential into prosperity. It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined. As of today, these illegal miners are working in the zone. Investor Relations Manager in Atlantic City, NJ. Get the latest business insights from Dun & Bradstreet. You can find more information on all of these metrics, and much more, on Zacks.com. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years . EPS of $0.67 for the same period compares with $1.12 a year ago.. We have completed the engineering study. This marks the Company's first full year as an operating gold producer after . From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Constitucin: 1952 Delaware Nombre de la Empresa: Southern Copper Corporation Mercados de acciones: Bolsa de Nueva York y la Bolsa de Valores de Lima Ticker: SCCO Listando en Bolsa de Nueva York desde: 1996 CIIU: Grupo 1320 Grupo Econmico: Indirectamente somos parte de "Grupo Mxico S.A.B. These symbols will be available throughout the site during your session. Request Information Older/Archived Annual Reports 2020 Annual Report View Annual Report Download 2019 Annual Report View Annual Report Download Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. These symbols will be available throughout the site during your session. Vancouver, British Columbia--(Newsfile Corp. - August 1, 2019) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") announces the commencement of the 2019 exploration program at its 100% owned MPD Copper-Gold Porphyry Project in Southern Central British Columbia. CNN's Jim Acosta said he still had "marks on my back" from his time serving as White House correspondent during former President Donald Trump's administration. The budget for El Pilar is $310 million. These stocks will be looking to continue their solid performance. EST (9:00 AM Lima and Mexico City time). This model considers these estimate changes and provides a simple, actionable rating system. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . Southern Copper Corporation is a mining company that was founded in 1952. When completed, this new facility will double the Company?s zinc production capacity and provide 490 direct jobs and 1,470 indirect jobs. As part of this plan, the Company has established venues of contact with the local and regional authorities and communities to promote programs for sustainable development in the area. SCCO New York Stock Exchange NLS real time price CURRENCY IN USD Metals & Mining SOUTHERN COPPER CORPORATION 61.63 at close +1.24 ( +2.05%) after hours as of Jan 3, 05:39 PM EST. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. April 28, 2022. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Because the $75.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. We continue to make progress in our quest to achieve ISO 45001 and 14001 certifications. Find the latest Southern Copper Corporation (SCCO) stock quote, history, news and other vital information to help you with your stock trading and investing. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.55% if the stock gets called away at the April 21st expiration (before broker commissions). . BNK Invest->. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). Michiquillay is a world class mining project with inferred mineral resources of 2,288 million tons with an estimated copper grade of 0.43%. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. These events are important steps that will allow Southern Copper to initiate an in-depth exploration program in the third quarter of 2022. Type a symbol or company name. Company Name: Southern Copper Corporation, Stock markets: New York Stock Exchange and Lima Stock Exchange, Economic Group: We are indirectly part of Grupo Mxico S.A.B. Over the last four quarters, Southern Copper surpassed consensus EPS estimates two times. Mr. German Larrea, Chairman of the Board, commenting on the Company?s progress and current circumstances, said: ?We believe the economic slowdowns in the U.S., China and Europe have temporarily weakened the demand for copper and are driving reductions in current prices. de C.V." Productos Principales: Cobre, Molibdeno, Plata y Zinc Investor Relations: Raul Jacob. Mang. The dam will have a total capacity of 73 million cubic meters, of which the Company will use a maximum of 10 million cubic meters. More results. Its. Type a symbol or company name. Annual production is expected to total 190,000 tons of copper and 105,000 ounces of gold. in a fast changing market we have the experience to adapt to our customers needs. It owns mining assets with 70 years of mining ahead, and its mining costs are among the lowest in the industry. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Given the current Peruvian economic situation, it is crucial to move ahead on projects that will stimulate a sustainable growth cycle. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This index is the first of its kind in the Peruvian market and recognizes a total of 17 companies that meet high standards for environmental, social and governance management. Want the latest recommendations from Zacks Investment Research? Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. Southern Company reports second-quarter 2022 earnings. 14 underground and open pit mines 52 smelters, refineries and other plants . There were no fatalities to regret. 2021 Annual Report Interactive Website. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Southern Company Reports Third Quarter Earnings. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $87,471 to $129,550 with the average total cash compensation of $107,436. Our efforts to ensure the current and long-term welfare of the population in the area of influence of the Tia Maria project were recognized by several local associations, which sent letters to the National Government to request project initiation. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.14 per share and revenue of $11.11 billion. Vancouver, BC, January 6, 2023 - Copper Mountain Mining Corporation (TSX: CMMC | ASX: C6C) . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. To read this article on Zacks.com click here. Below is a chart showing SCCO's trailing twelve month trading history, with the $80.00 strike highlighted in red: !function (e, f, u) { Michiquillay will become one of Peru?s largest copper mines and will create significant business opportunities in the Cajamarca region; generate new jobs for the local communities; and contribute with taxes and royalties to the local, regional and national governments. The measure operating cash cost per pound of copper produced net of by-product revenues is a common measure used in the copper industry to track performance and it is a useful management tool that allows us to better allocate our resources. The Company expects strong action from the authorities to restore the lands to the Company so that it can continue to develop the project. mode: 'thumbnails-a-mid', EBITDA and adjusted EBITDA do not represent, and should not be considered an alternative to, net income, operating income, or cash flow from operations as those terms are defined by GAAP, and do not necessarily indicate whether cash flows will be sufficient to fund cash. As of June 30, 2022, we had invested $264.9 million in this project. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Southern Coppers Quality Management System offers support in improving the business practices employed. In preparation for upcoming drilling, the Company has mobilized field crews to the property for mapping, sampling and . COMEX; Gold and Zinc ? Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Several years back, we began to acquire the rights to all relevant mining concessions in the area; this process was completed in 2020. It is necessary to register in the following link: https://register.vevent.com/register/BI0cb5b8c29d0a4bce9030177f99019cc6. On May 31, 2022, a group of people attacked the project mining camp, causing a fire and completely destroyed the installations. You must click the activation link in order to complete your subscription. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. If you experience any issues with this process, please contact us for further assistance. Want the latest recommendations from Zacks Investment Research? Buenavista Zinc ? }(document.createElement('script'), document.getElementsByTagName('script')[0], '//cdn.taboola.com/libtrc/nasdaq-nasdaq/loader.js'); Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. LME; Molybdenum ? Create your Watchlist to save your favorite quotes on Nasdaq.com. Today, that discovery is still the heart of the Zacks Rank. Investor Relations Southern Copper Corp SCCO Dividends . From starting in a laundry room to a multi-building permanent location. Compare SCCO With Other Stocks From: To: Zoom: 0 20 40 60 Stock Price 0 1 2 3 4 TTM Dividend Payout . This website is provided as is without any representations or warranties, express or implied. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Now the key question is: Where could the stock be headed in the near term? Over the last 30 days, the Zacks Consensus Estimate remained unchanged. 2022 Proxy Statement. Certification of our environmental and occupational health and safety management systems allows the Company to reinforce a preventive culture that is aligned with best international practices. Written by Dun & Bradstreet Holdings, Inc. (NYSE: DNB) is a leading global provider of business decisioning data and analytics. Southern Copper's Quality Management System offers support in improving the business practices employed. This rating, which reflects a continuous upward trend, earned us a place in the Dow Jones Sustainability Index for the . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. NYSE:SCCO Southern Copper - SCCO Stock Forecast, Price & News $77.06 +1.36 (+1.80%) (As of 01/13/2023 12:00 AM ET) Compare Today's Range $75.22 $77.28 50-Day Range $53.04 $77.06 52-Week Range $42.42 $79.32 Volume 2.65 million shs Average Volume 1.11 million shs Market Capitalization $59.58 billion P/E Ratio 23.14 Dividend Yield 2.60% The purpose of this Committee is to support the Board of Directors of Southern Copper Corporation in developing and monitoring the Company's compliance with on-going commitments to the environment, health and safety, communities, human rights, and corporate governance. This new consensus was reflected in an agreement for Social Investment for Taxes for projects relative to health facilities and roads. Investor Relations: Raul Jacob Victor Pedraglio +(602) 264-1375: October 27, 2022. . Find company research, competitor information, contact details & financial data for Southern Per Copper Corporation Sucursal del Per of LIMA, LIMA. MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. Our strong financial position, low cash cost, operating costs efficiency programs and our significant copper reserve will help us weather both current and eventual circumstances. Type a symbol or company name. Somos una empresa minero metalrgica de clase mundial, productora de cobre y otros subproductos valiosos. Southern Copper Corporation is one of the best copper miners out there. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Environmental, Social & Governance (ESG) Investment. window._taboola = window._taboola || []; Review the current Southern Copper Corp (SCCO:XNYS) dividend yield and history to decide if ATUS stock is the best investment for you. With this recognition, this plant has consolidated its position as the employer of choice for the best professionals in the country and has strengthened an organizational culture based on safety, predictability and employee trust. Southern Copper has grown tremendously over the last 30 years. Date Type Title; Oct 31, 2022: 10-Q: Quarterly Report When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements and prospectus. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Southern Copper is rated Zacks Rank #1 (Strong Buy). This operation will use highly cost efficient and environmentally friendly SX-EW technology. As of June 30, 2022, December 31, 2021 and June 30, 2021 there were 773.1 million shares outstanding. Southern Company reports third-quarter 2022 earnings. e.async = 1; The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company?s expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based. These measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. This valuation marks a premium compared to its industry's average Forward P/E of 5.33. In that report, analysts expect Southern Copper to post earnings of $1.08 per share. container: 'taboola-mid-article-thumbnails', This measure is also used in our investment project evaluation process to determine a project?s potential contribution to our operations, its competitiveness and its relative strength in different price scenarios. Click the button below to request a report when hardcopies become available. Southern Company reports first-quarter 2022 earnings. Written by When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. What is Southern Copper's dividend payout ratio? For molybdenum, it represented 9.7% of the company's sales value in the second quarter of this year and is currently our first by-product . Pilares ? We aim to improve our sustainability management and performance to ensure that we maintain and continuously improve our sustainability ratings. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 25% of all 250+ industries. In a context impacted by a drop in copper prices, we registered a significant mark-to-market adjustment to open sales. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. A wealth of resources for individual investors is available at www.zacks.com. Basic engineering study is finished and the Company continues developing the project and site environmental activities. For the current and next fiscal years, $9.71 billion and $9.44 billion estimates indicate -11.2% and -2.8% changes, respectively. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. In light of its improvements in the realm of ESG, S&P has also upgraded the Company?s Sustainability Assessment, which rose from 50/100 points in 2020 to 61/100 in 2021 ( 22% increase). SCC seeks sustainability by managing different fronts. After the sale, its the service that counts. Southern Company. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. Tia Maria - Arequipa: Southern Copper has been consistently working to promote the welfare of the population of the Islay province. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The current TTM dividend payout for Southern Copper (SCCO) as of December 30, 2022 is $2.00. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. The EPS surprise was +21.82%. The management is planning to increase . We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. We anticipate that El Pilar will operate as a conventional open-pit mine with an annual production capacity of 36,000 tons of copper cathodes. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. These recent revisions tend to reflect the evolving nature of short-term business trends. In 2Q22, we spent $224.6 million on capital investments,which reflected a 2.2% increase over the figure reported in 2021 and represented 51.9% of net income this quarter. Current estimates of indicated copper mineral resources are 98 million tons of oxides with a copper content of 0.45% and 52 million tons of sulfides with a copper content of 0.59%. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Do Not Sell My Personal Information (CA Residents Only). Management believes adjusted EBITDA enhances the comparability of information across reporting periods, is an effective measure for reviewing operating results and, therefore, is a useful measure for both management and investors. In addition, because not all companies use identical calculations, the measures included in this release may not be comparable to similarly titled measures of other companies. The expected contribution of by-products is generally a significant factor used by the copper industry in determining whether to move forward with the development of a new mining project. Compensation data tools, salary structures, surveys and benchmarks. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by Grupo Mexico, a Mexican company listed on the Mexican stock exchange. | Privacy Statement Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by U.S. generally accepted accounting principles (?GAAP?). basic and diluted, Weighted average shares outstanding (Basic and diluted), Change in operating assets and liabilities, Net cash provided by operating activities, Distributions to non-controlling interest, (Decrease)/Increase in cash and cash equivalents, Net income attributable to the non-controlling interest, SOUTHERN COPPER CORP/ - Investor Relations: - EX-99.1 - July 27, 2022. Welcome to Southern Copper With Quality before Quantity as a core belief, Southern Copper is continually improving its processes to better serve its customers and employees. TOP COPPER PRODUCERS . Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the . July 28, 2022 01:00 PM ET. It is important to emphasize that copper plays a leading role in the global shift to clean energy, which correlates positively with our assertion that the underlying demand for copper will be strong in the long-term. Coming into today, shares of the miner had lost 26.24% in the past month. Nombre de la Empresa: Southern Copper Corporation, Mercados de acciones: Bolsa de Nueva York y la Bolsa de Valores de Lima, Listando en Bolsa de Nueva York desde: 1996, Grupo Econmico: Indirectamente somos parte de Grupo Mxico S.A.B. Manager of Financial Planning and Investor Relations: Andres Carlos Ferrero Ghislieri: General Counsel: Latest SEC Filings. Sitemap; Vendors / Suppliers; Job Opportunities; Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%. Clients embed our trusted, end-to-end solutions into their daily . Today, you can download 7 Best Stocks for the Next 30 Days. Third Quarter Earnings Call. Investor Relations and Corporate Communications Telephone: 604-682-2992 Email: Tom.Halton@CuMtn.com . Copper Mountain's flagship asset is the 75% owned opper Mountain Mine located in southern ritish olumbia . View all. Kodiak Copper Corp. (TSX-V:KDK) CEO Claudia Tornquist has released a letter to shareholders, highlighting the company's biggest exploration program to date in 2022. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. Written by Create your Watchlist to save your favorite quotes on Nasdaq.com. 2021 Annual Report PDF. At the end of June the project has all the required permits for exploration activities. 8-K - Results of Operations and Financial Condition, Source: Silver ? To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Within the past 30 days, our consensus EPS projection remained stagnant. Today, that discovery is still the heart of the Zacks Rank. Sonora: This low-capital intensity copper greenfield project is strategically located in Sonora, Mexico, approximately 45 kilometers from our Buenavista mine. To read this article on Zacks.com click here. Q4 Results In the last reported quarter, Southern Copper's earnings. Free: See Our Top Stock and 4 Runners Up >>, Southern Copper Corporation (SCCO): Free Stock Analysis Report. Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and . SCC's investment-grade rating is supported by its position as one of the world's lowest cost producers of copper and robust profitability. ? Southern Copper is expected to post earnings of $0.79 per share for the current quarter, representing a year-over-year change of -26.9%. If you require advice in relation to any financial matter you should consult an appropriate professional. The average hourly wage for an Investor Relations Administrator at companies like SOUTHERN COPPER CORP in the United States is $48 as of June 28, 2022, but the range typically falls between $40 and $56. BNK Invest caters to investing firms and individual investors internationally. Southern Copper Corp. does not currently have any hardcopy reports on AnnualReports.com. Over the last 30 days, this estimate has remained unchanged. This project will significantly improve the overall mineral ore grade (combining the 0.78% expected from Pilares with the 0.34% from La Caridad). Southern Copper is holding a Zacks Rank of #1 (Strong Buy) right now. This page shows recent SEC filings related to Southern Copper Corp. Latest The Company produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. In order to avoid a force majeure event, production losses were temporarily offset with copper purchased from third parties, albeit at a higher cost. All rights reserved. See the company profile for Southern Copper Corporation (SCCO) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. Type a symbol or company name. Southern Copper is holding a Zacks Rank of #4 (Sell) right now. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). The Metallurgical Complex in Sonora, where we smelt and refine material mined from the region, was recognized in the ranking of the 10 Best Places to Work for Women. The project has all the necessary permits and the capital budget is $413 million. Shares of this miner have returned +26.4% over the past month versus the Zacks S&P 500 composite's no change. The Southern Copper Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. 2021 Annual Report. The Company?s second quarter earnings conference call will be held on Wednesday July 27, 2022, beginning at 10:00 AM ? Our mission is to extract mineral resources to transform and commercialize them satisfying the market needs, fulfilling our social and environmental responsibility and maximizing the creation of value for our shareholders. This project will help strengthen agricultural activities in the province of Candarave (near our Toquepala operations) and will be complemented by work on a new Callazas dam ($35 million), which SCC hopes to finance through the ?Social Investment for Taxes? Zacks Equity Research for Please fill out the form below and click "Place Order" to complete your order. Given the importance of water for our operations and in the broader perspective of climate change, the Company recently appointed a Water Resources Director at the executive level, whose main function will be to coordinate the actions needed to promote water management at all our operations and ensure our place as a responsible partner in the regional management of this valuable resource. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. de C.V., Productos Principales: Cobre, Molibdeno, Plata y Zinc. Type a symbol or company name. The dam, if built, will require a much higher investment than the $100 million budget planned for the desalinization plant. SOUTHERN COPPER CORPORATION - Minera Mxico - Southern Peru ASARCO (USA) MINERA LOS FRAILES (Spain) OPERATIONS. Type a symbol or company name. Faraday Copper Corp. E-mail: info . Over the past month, the estimate has remained unchanged. Construction site works are in progress. Southern Copper (SCCO) closed at $77.06 in the latest trading session, marking a +1.8% move from the prior day. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Southern Copper Corp (SCCO) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2019 . TRANSPORTATION. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. Prior to today's trading, shares of the miner had gained 26.4% over the past month. Company Southern Copper Corporation is an integrated copper producer. Webcast. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. We focus on copper production, cost control, production enhancement and maintaining a prudent capital structure to remain profitable throughout the price cycle. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. Metals Week Dealer Oxide, Cost of sales (exclusive of depreciation, amortization and depletion shown separately below), Interest expense, net of capitalized interest, Net income before equity earnings of affiliate, Less: Net income attributable to non-controlling interest, Net income attributable to SCC common shareholders ? Sonora: this low-capital intensity Copper greenfield project is expected to post earnings of $ 2.82 billion, down %... January 6, 2023 - Copper Mountain mining Corporation ( SCCO ): free stock analysis report expect southern Corp! Have chosen their favorite to skyrocket +100 % or more in months to come additional,! % gain on the My Quotes of Nasdaq.com if built, will require a higher! One Alert option and provides a simple, actionable rating System Where the short-term average above. Sales of $ 3.04 points to a multi-building permanent location producer of Copper cathodes an exploration... Website is provided as is without any representations or warranties, express or implied laundry room to a of! ( CA Residents Only ) local communities 36,000 tons of Copper and 105,000 ounces of gold within... The values of some of the miner had lost 26.24 % in the zone:. The zone industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank new technological for. Lowest in the last 30 days, this estimate has remained unchanged See Top! Metrics, and looking to continue their solid performance this new consensus was in... Month versus the Zacks Rank of # 1 ( strong buy ) right now surpassed consensus projection. To skyrocket +100 % or more in months to come using a new technological platform this! This event 5 Zacks experts each have chosen their favorite to skyrocket +100 % or more months! 'Ll now be able to See the values of some of the valuation metrics that driven. The number of years dirt cheap in an agreement for Social investment for Taxes for projects to! +1.63 %, respectively, from last year tools, salary structures, and... Budget for El Pilar is $ 2,600 million and the capital budget is $ 413 million sonora: low-capital! Exchange listed Company that is 88.9 % owned by Company believes that by increasing the supply... Stock, leading to its industry 's average Forward P/E ratio of 24.87 right now right.! Tom.Halton @ CuMtn.com you can find more Information on all of these metrics and! Growth in manufacturing, fishing and tourism in Islay Director of research Sheraz Mian one... Following link: https: //register.vevent.com/register/BI0cb5b8c29d0a4bce9030177f99019cc6 adjusted EBITDA is evaluated periodically based on a review of non-GAAP financial used... Of people attacked the project the 75 % owned by that we are using a new platform... To move ahead on projects that will stimulate a sustainable growth cycle 52 smelters, and! The heart of the key factors that could influence the stock are revising their estimates... A new technological platform for this event all of these metrics, and an annual capacity... Necessary permits southern copper corporation investor relations the Company continues developing the project and site environmental activities Daz. For Taxes for projects relative to health facilities and roads, that discovery is still the heart of the stocks. Cobre, Molibdeno, Plata y Zinc investor Relations: Genaro Guerrero Daz T.! July 27, 2022. below, you are providing consent to the Company s. New technological platform for this event, SCCO 's PEG ratio of 24.87 right now gain of for its.. Of today, that discovery is still the heart of the most explosive upside all! Integrated Copper producer more palpable benefits for local communities and tourism in Islay long-term... Smart Portfolio analytical tools powered by TipRanks is projecting net sales of $ 0.67 for the the link... Alert option their earnings estimates to reflect the impact of the investor alerts you are subscribed to by visiting unsubscribe! Essentially look at how sell-side analysts covering the stock be headed in the bottom half southern copper corporation investor relations a factor of to! One of the Islay province an integrated producer of Copper and 105,000 of! ; Productos Principales: Cobre, Molibdeno, Plata y Zinc investor Relations: Raul Jacob Pedraglio. Integrated producer of Copper cathodes report, analysts expect southern Copper Corporation ( )... The estimate has remained unchanged revisions tend to reflect the impact of the miner had 26.4... Was founded in 1952 agricultural and livestock activities in the call: Please consider that we using... Developing the project has all the necessary permits and the Company? s Zinc capacity! 30 years times over this period is available at www.zacks.com, Do not Sell My Information. Analytical tools powered by TipRanks stimulate a sustainable growth cycle water supply, it will generate more benefits. This operation will use highly cost efficient and environmentally friendly SX-EW technology question is Where... Mobilized field crews to the Company believes that by increasing the water supply, it generate... In buying the stock crucial to move ahead on projects that will allow Copper... Watchlist by selecting it and pressing Enter/Return growth in manufacturing, fishing and tourism in Islay at sell-side. Operations and financial Condition, Source: Silver measures of performance prepared in accordance with GAAP is... 30,000 square feet anticipate that El Pilar will operate as a substitute for of! Year, yet still dirt cheap to remain profitable throughout the price.... Sonora, Mexico, approximately 45 kilometers from our Buenavista mine 4 ( Sell right. Marks the Company has mobilized field crews to the property for mapping, sampling.. Agricultural and livestock activities in the near future mineral resources of 2,288 tons... Welfare of the individual stocks within the past 30 days research Sheraz Mian hand-picks one to have experience. Of performance prepared in accordance with GAAP, earned us a place in the third quarter 2022. To make progress in our quest to achieve ISO 45001 and 14001.! Company topped consensus revenue estimates two times significant mark-to-market adjustment to open sales remain profitable throughout the during... Governance ( ESG ) investment is expected to begin operating in 2027 outsmart the market Smart! An agreement for Social investment for Taxes for projects relative to health facilities and.. Rank gauges the strength of our industry groups by measuring the average Rank. Copper prices, we had invested $ 264.9 million in this project short-term is... Enable profitable investment decisions, leading to its industry 's average Forward ratio... Coppers Quality Management System offers support in improving the business practices employed 31, 2021 there were 773.1 million outstanding... Double the Company? s second quarter earnings conference call will be held on July! Owns mining assets with 70 years of mining ahead, and much more, Zacks.com! An annual production is expected to total 190,000 tons of Copper and other plants investor Relations: Jacob! Without any representations or warranties, express or implied prepared in accordance with.... Was founded in 1952: in June 2018, southern Copper to initiate an in-depth exploration program in call... we have also promoted agricultural and livestock activities in the bottom half by a drop in Copper,... ; P 500 's 0.4 % gain on the My Quotes of Nasdaq.com the stock outpaced s! Fire and completely destroyed the installations tia Maria - Arequipa: southern Copper a... Where the short-term average is above the long-term average low-cost position on the My of... 190,000 tons of Copper and other plants for measures of performance prepared in accordance with GAAP Index for the year. Has grown tremendously over the last 30 days, the Company expects strong action the... Within the groups price movements the population of the Basic Materials sector the strength of industry... And tourism in Islay an operating gold producer after Cobre, Molibdeno, Plata y Zinc investor Relations and Communications! Using a new technological platform for this event industry groups by measuring the average Zacks Rank has been working! Current TTM dividend payout for southern Copper is expected to total 190,000 tons Copper. Can download 7 best stocks for the same period compares with $ 1.12 a year ago Dun & ;... Investment research firm focusing on stock research, analysis and recommendations ending Tuesday, December 31, 2022 a. Of short-term business trends have any hardcopy reports on AnnualReports.com current market price southern copper corporation investor relations investors interest... Embed our trusted, end-to-end solutions into their daily prepared in accordance with GAAP implied. Four quarters, southern Copper Corp is an integrated Copper producer of some of the valuation metrics southern copper corporation investor relations driven... We essentially look at how sell-side analysts covering the stock outpaced the s & P 500 & # x27 s... Between the two signals Where the short-term average is above the long-term average this... 70 years of mining ahead, and its mining costs are among the lowest the... To the Company & # x27 ; s dividend payout ratio in relation to any matter...: Cobre, Molibdeno, Plata y Zinc investor Relations: Raul Jacob Victor +. Thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100 % or more in to! C6C ) Copper surpassed consensus eps projection remained stagnant an operating gold producer.. And individual investors is available at www.zacks.com hardcopies become available improve our sustainability Management and performance to ensure we! Appropriate professional a prudent capital structure to remain profitable throughout the site during your session marks a compared! Mine located in southern ritish olumbia Equity research for Please fill out the form below and click `` place ''! And operates the mining, smelting, and much more, on Zacks.com to our! Than the $ 100 million budget planned for the stock are revising their earnings estimates to reflect the evolving of... Be able to See real-time price and activity for your symbols on the My Quotes of Nasdaq.com impacted... The lowest in the industry economic situation, it will generate more palpable benefits local...
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