SCCO - Southern Copper Corporation
| Previous Close | 34.67 |
| Open | 34.80 |
| Bid | 34.42 x 900 |
| Ask | 34.50 x 800 |
| Day's Range | 34.45 - 35.14 |
| 52 Week Range | 29.01 - 44.43 |
| Volume | 429,805 |
| Avg. Volume | 829,679 |
| Market Cap | 26.663B |
| Beta (3Y Monthly) | 0.97 |
| PE Ratio (TTM) | 18.35 |
| EPS (TTM) | 1.88 |
| Earnings Date | Oct 22, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 1.60 (4.61%) |
| Ex-Dividend Date | 2019-08-07 |
| 1y Target Est | 37.27 |
- Moody's
Minera Mexico, S.A. de C.V. -- Moody's assigns Baa2 rating to Minera Mexico's proposed notes
Moody's Investors Service ("Moody's") assigned a Baa2 rating to the proposed senior unsecured notes to be issued by Minera Mexico, S.A. de C.V. ("Minera Mexico"), a wholly owned subsidiary of Southern Copper Corporation ("Southern Copper"). The Baa2 senior unsecured ratings of the notes issued by Southern Copper Corporation and Minera Mexico remain unchanged.
- Simply Wall St.
Why Fundamental Investors Might Love Southern Copper Corporation (NYSE:SCCO)
Attractive stocks have exceptional fundamentals. In the case of Southern Copper Corporation (NYSE:SCCO), there's is a...
- Motley Fool
How to Invest in Copper Stocks
Digging into the copper mining industry can reveal some potential investment opportunities and better explain what it takes to make money from an ore that is growing in value.
- Moody's
Southern Copper Corporation -- Moody's announces completion of a periodic review of ratings of Southern Copper Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Southern Copper Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Zacks
The Zacks Analyst Blog Highlights: Costco, PayPal, NextEra, Southern Copper and Loews
The Zacks Analyst Blog Highlights: Costco, PayPal, NextEra, Southern Copper and Loews
- Zacks
Top Analyst Reports for Costco, PayPal & NextEra
Top Analyst Reports for Costco, PayPal & NextEra
- Simply Wall St.
Southern Copper (NYSE:SCCO) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
- Zacks
Southern Copper's Tia Maria Construction License Suspended
Southern Copper Corporation's (SCCO) Tia Maria copper mine put on hold following protests owing to environmental concerns.
- Reuters
UPDATE 2-Peru suspends key permit for Southern Copper in U-turn on Tia Maria project
Peru on Friday suspended a recently issued construction permit for Southern Copper's Tia Maria mine, a project that has triggered violent protests by nearby residents. The permit will be suspended until government officials evaluate its legality along with objections from local authorities in the Arequipa region where Tia Maria, a $1.4 billion project, would be built, Energy and Mines Minister Francisco Ismodes told local broadcaster RPP.
- Reuters
Peru suspends key permit for Southern Copper in U-turn on Tia Maria project
Peru on Friday suspended a recently issued construction permit for Southern Copper's Tia Maria mine, a project that has triggered violent protests by nearby residents. The permit will be suspended until government officials evaluate its legality along with objections from local authorities in the Arequipa region where Tia Maria, a $1.4 billion project, would be built, Energy and Mines Minister Francisco Ismodes told local broadcaster RPP.
- Simply Wall St.
Should You Be Excited About Southern Copper Corporation's (NYSE:SCCO) 21% Return On Equity?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Reuters
UPDATE 1-Protests halt top copper mines in Peru from shipping, cut off supplies
Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country's top mines and blocked supplies from reaching their operations for nearly three weeks, the manager of port operator Tisur said on Thursday. Four copper mines - Freeport-McMoRan Inc's Cerro Verde deposit, MMG Ltd's Las Bambas, Glencore PLC's Antapaccay and Hudbay Mineral's Constancia - have been unable to ship copper concentrates from Matarani to destinations in Asia and Europe since July 18, said Gabriel Monge, manager of port operator Terminal Internacional del Sur (Tisur).
- Motley Fool
3 Dividend Stocks I'd Buy Right Now
If I had my druthers, these companies would be off my watch list and in my portfolio.
- Reuters
Peru orders army to secure port in face of protest against mining project
Peruvian President MartÃn Vizcarra on Sunday authorized the army to maintain order at a key mining port, a day before an expected new round of protests against Southern Copper Corp's $1.4-billion proposed Tia Maria mine. The document said any new protests could affect operations at the Matarani Port Terminal. On Monday, local social organizations were expected to begin a new round of actions against Tia Maria.
- Zacks
Southern Copper (SCCO) Q2 Earnings & Sales Miss Estimates
Southern Copper's (SCCO) top line declines on lower metal prices of copper and silver in Q2.
- Thomson Reuters StreetEvents
Edited Transcript of SCCO earnings conference call or presentation 24-Jul-19 2:00pm GMT
Q2 2019 Southern Copper Corp Earnings Call
- Reuters
Peru to rethink approval for Tia Maria copper project
The Peruvian government will re-evaluate its recent decision to grant a construction permit to Southern Copper Corp for its proposed mine Tia Maria at the request of local authorities calling for its annulment, Peru's president said late on Wednesday. After more than a week of protests against the company and the government in the southern region of Arequipa, President Martin Vizcarra said he would reconsider his government's recent green light for the proposed $1.4 billion, 120,000-tonnes-per-year copper project. Tia Maria has been stalled for nearly a decade due to opposition from residents of Arequipa who fear it will harm crops or use up local water supplies.
- GuruFocus.com
Lower Prices Send Southern Copper's 2nd-Quarter Net Income and Sales Down
Miner posts increase in volume sold Continue reading...
- Reuters
Southern Copper Q2 net profit drops 1.8%
Southern Copper Corp said on Tuesday its second-quarter net profit fell 1.8% year-on-year to $402.4 million, due mainly to lower sales prices that offset a surge in production. The company, a unit of Grupo Mexico, produced 256,352 tonnes of copper in the second quarter, up 16.5% from a year-ago period, the firm said in its earnings statement.
- Zacks
Southern Copper (SCCO) Earnings Expected to Grow: Should You Buy?
Southern Copper (SCCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
How Do Analysts See Southern Copper Corporation (NYSE:SCCO) Performing Over The Next Year?
After Southern Copper Corporation's (NYSE:SCCO) earnings announcement in March 2019, analyst consensus outlook appear...
- Simply Wall St.
A Look At The Intrinsic Value Of Southern Copper Corporation (NYSE:SCCO)
Today we will run through one way of estimating the intrinsic value of Southern Copper Corporation (NYSE:SCCO) by...
- Reuters
Peru's Vizcarra says Southern Copper must resolve local concerns at Tia Maria mine
Peru's President MartÃn Vizcarra said on Thursday that Southern Copper Corp's must resolve issues with protesting local residents at its Tia Maria mine before the long-delayed copper project can move ahead. Residents from the area around the $1.4 billion Tia Maria mine began protesting on Monday and blockaded a section of coastal highway after the mine was granted a permit earlier this month. "Rest assured that there will not be any mining operations, there will be no construction of the project if the company does not first sit down to discuss with the people and clarify their doubts," Vizcarra said in comments broadcast of local TV news.
- Reuters
Peruvian president rejects call to cancel copper mining project permit amid protests
Peruvian President Martin Vizcarra rejected the demand of a regional governor on Tuesday to cancel within 72 hours the construction permit for a copper mining project that has led to protests. Residents from the area bordering Southern Copper Corp's $1.4 billion Tia Maria copper mine project in the south of Peru, which is the second largest copper producer in the world, began protesting on Monday with a blockade of a portion of Peru's main coastal highway. Officials from the southern region of Arequipa said the government had not taken into account the community's concern that the mining operation would contaminate its water sources and land when it granted a construction permit on July 9.
- Markit
See what the IHS Markit Score report has to say about Southern Copper Corp.
Southern Copper Corp NYSE:SCCOView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for SCCO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SCCO. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.87 billion over the last one-month into ETFs that hold SCCO are among the highest of the last year, but the rate of growth is slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. SCCO credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
