Southern Copper Stock Today

SCCO Stock  USD 99.71  1.17  1.19%   

Performance

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Odds Of Distress

Less than 6

 
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Southern Copper is selling at 99.71 as of the 28th of November 2024; that is 1.19% increase since the beginning of the trading day. The stock's open price was 98.54. Southern Copper has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on November 22, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Southern Copper's common stock.
Business Domain
Materials
IPO Date
5th of January 1996
Category
Basic Materials
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation. Southern Copper operates under Copper classification in the United States and is traded on New York Stock Exchange. The company has 790.41 M outstanding shares of which 7.13 M shares are at this time shorted by private and institutional investors with about 7.42 trading days to cover. More on Southern Copper

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Southern Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOXavier Topete
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, NYSE 100 Index, Jakarta Stock Exchange, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.145
Way Down
Pretty Stable
Asset Turnover0.450.5917
Way Down
Slightly volatile
Gross Profit Margin0.360.4365
Significantly Down
Pretty Stable
Total Current Liabilities876.9 M1.4 B
Way Down
Slightly volatile
Non Current Liabilities Total8.2 B7.9 B
Sufficiently Up
Slightly volatile
Total Assets9.2 B16.7 B
Way Down
Slightly volatile
Total Current Assets2.7 B4.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities3.8 B3.6 B
Sufficiently Up
Slightly volatile
Debt Levels
Southern Copper can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Southern Copper's financial leverage. It provides some insight into what part of Southern Copper's total assets is financed by creditors.
Liquidity
Southern Copper currently holds 7.03 B in liabilities with Debt to Equity (D/E) ratio of 0.97, which is about average as compared to similar companies. Southern Copper has a current ratio of 3.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Southern Copper's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(8.36 Million)
Southern Copper (SCCO) is traded on New York Stock Exchange in USA. It is located in 7310 North 16th St, Phoenix, AZ, United States, 85020 and employs 15,810 people. Southern Copper is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 77.89 B. Southern Copper conducts business under Metals & Mining sector and is part of Materials industry. The entity has 790.41 M outstanding shares of which 7.13 M shares are at this time shorted by private and institutional investors with about 7.42 trading days to cover. Southern Copper currently holds about 2.36 B in cash with 3.57 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.05.
Check Southern Copper Probability Of Bankruptcy
Ownership Allocation
Southern Copper shows a total of 790.41 Million outstanding shares. Southern Copper has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.99 % of Southern Copper outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. On November 22, 2024, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Southern Copper's common stock.
Check Southern Ownership Details

Southern Stock Institutional Holders

InstituionRecorded OnShares
Fidelity International Ltd2024-06-30
1.2 M
Legal & General Group Plc2024-06-30
1.2 M
Bank Of America Corp2024-06-30
1.1 M
Empower Advisory Group Llc2024-09-30
M
Arrowstreet Capital Limited Partnership2024-06-30
967.1 K
Vanguard Group Inc2024-09-30
954.2 K
Goldman Sachs Group Inc2024-06-30
953.6 K
Ameriprise Financial Inc2024-06-30
938.2 K
Jpmorgan Chase & Co2024-06-30
803.4 K
Blackrock Inc2024-06-30
7.1 M
T. Rowe Price Associates, Inc.2024-06-30
6.5 M
View Southern Copper Diagnostics

Southern Copper Historical Income Statement

At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 28th of November 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 197.1 M. View More Fundamentals

Southern Stock Against Markets

Southern Copper Corporate Directors

Gilberto CifuentesIndependent DirectorProfile
Vicente AndreveIndependent DirectorProfile
Luis BonillaIndependent DirectorProfile
Carlos SacristanIndependent DirectorProfile
When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.452
Dividend Share
2.37
Earnings Share
3.82
Revenue Per Share
13.947
Quarterly Revenue Growth
0.17
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.