SCCO - Southern Copper Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
32.01
-0.07 (-0.22%)
As of 11:56AM EST. Market open.
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Previous Close32.08
Open31.39
Bid32.1300 x 1400
Ask32.1400 x 900
Day's Range31.22 - 32.21
52 Week Range31.17 - 58.09
Volume157,216
Avg. Volume990,919
Market Cap24.745B
Beta (3Y Monthly)0.54
PE Ratio (TTM)25.71
EPS (TTM)1.2450
Earnings DateJan 31, 2019 - Feb 4, 2019
Forward Dividend & Yield1.60 (4.99%)
Ex-Dividend Date2018-11-06
1y Target Est38.69
Trade prices are not sourced from all markets
  • Bloomberg2 days ago

    Anti-Mine Stance Eases in Second-Largest Copper Producer

    Citizens in Cajamarca, the South American nation’s poorest region, elected pro-investment candidate Mesias Guevara, ending the rule of an anti-mining movement that has governed the region for the past eight years. In Moquegua, where Anglo American Plc is building the $5.3 billion Quellaveco copper project, and Apurimac, where MMG Ltd. operates the Las Bambas mine, winning candidates didn’t voice opposition to mining. Development plans worth billions of dollars remained stalled in several regions due to local opposition.

  • Why Shares of Southern Copper Sank 16% in November
    Motley Fool4 days ago

    Why Shares of Southern Copper Sank 16% in November

    An uninspiring earnings report wasn't the only thing that disheartened investors last month.

  • How Should Investors React To Southern Copper Corporation’s (NYSE:SCCO) CEO Pay?
    Simply Wall St.10 days ago

    How Should Investors React To Southern Copper Corporation’s (NYSE:SCCO) CEO Pay?

    Oscar González Rocha became the CEO of Southern Copper Corporation (NYSE:SCCO) in 2004. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big Read More...

  • Reuters14 days ago

    Mining industry leadership set for changing of the guard

    Ivan Glasenberg, chief executive of mining giant Glencore Plc (GLEN.L) since 2002, said last month he would retire over the next three to five years, sparking speculation about which of his industry peers could be next to go. At least one other global mining giant has approached rival executives about their interest in moving, according to two sources. The CEOs of Freeport McMoRan Inc (FCX.N), Teck Resources Ltd (TECKb.TO), Agnico Eagle Mines Ltd (AEM.TO) and Southern Copper Corp (SCCO.N) have been in their roles for more than 10 years, eclipsing the industry average of seven years.

  • Reuters14 days ago

    Mining industry leadership set for changing of the guard

    Titans of the mining industry who have led the industry through myriad storms for decades are set to retire over the next few years, a once-in-a-generation turnover that has sparked a search for fresh talent with far different skills than current executives. Ivan Glasenberg, chief executive of mining giant Glencore Plc since 2002, said last month he would retire over the next three to five years, sparking speculation about which of his industry peers could be next to go. The CEOs of Freeport McMoRan Inc, Teck Resources Ltd , Agnico Eagle Mines Ltd and Southern Copper Corp have been in their roles for more than 10 years, eclipsing the industry average of seven years.

  • Freeport-McMoRan’s Earnings Are Expected to Fall
    Market Realist14 days ago

    Freeport-McMoRan’s Earnings Are Expected to Fall

    Comparative analysis Freeport-McMoRan (FCX) posted an adjusted EBITDA of $1.8 billion in the third quarter. The company posted an EBITDA of $2.1 billion in the second quarter and $1.6 billion in the third quarter of 2017. The sequential decline in Freeport-McMoRan’s earrings, like other copper miners, was due to lower copper prices. After peaking in June, copper prices have come under pressure due to concerns about Chinese demand and the trade war. Southern Copper’s (SCCO) third-quarter EBITDA of $868 million was comparable to the third quarter of 2017. ...

  • Lower Energy Prices: Boon or Bane for Copper Miners?
    Market Realist14 days ago

    Lower Energy Prices: Boon or Bane for Copper Miners?

    Previously, we discussed copper miners’ production profiles and 2018 guidance. In this part, we’ll look at leading copper producers’ unit cash costs and see what’s impacted their unit cost progression.

  • Copper Miners Expect Higher Production, Labor Threat Eases
    Market Realist15 days ago

    Copper Miners Expect Higher Production, Labor Threat Eases

    In 2018, labor contracts at several leading copper mines came up for negotiation. Analysts expected disruptions in the copper supply due to labor disruptions. However, the copper supply has been smooth in 2018. Analysts build a disruption allowance in their models due to copper’s unpredictable supply. Most copper mining companies provide a guidance range instead of a specific guidance. In this part, we’ll discuss leading copper miners’ production guidance.

  • Copper Miners’ Production Profiles in 2018
    Market Realist15 days ago

    Copper Miners’ Production Profiles in 2018

    In this part, we’ll discuss leading copper miners’ third-quarter production data. By looking at top copper miners’ production profiles, we can get crucial insight into the global copper supply.

  • See what the IHS Markit Score report has to say about Southern Copper Corp.
    Markit16 days ago

    See what the IHS Markit Score report has to say about Southern Copper Corp.

    Southern Copper Corp NYSE:SCCO

  • US-China Trade War: Freeport-McMoRan Is in the Crossfire
    Market Realist17 days ago

    US-China Trade War: Freeport-McMoRan Is in the Crossfire

    Freeport-McMoRan (FCX), the leading US-based copper miner, has lost 42.7% YTD (year-to-date) based on the closing prices on November 23. Other copper miners like Southern Copper (SCCO) and Antofagasta (ANTO) have also fallen in 2018. Vale (VALE) is in the green in 2018. Iron ore prices have been relatively strong despite the rout in other metals (XME).

  • Analysts See a 70% Upside in First Quantum Minerals
    Market Realist17 days ago

    Analysts See a 70% Upside in First Quantum Minerals

    First Quantum Minerals (FM) has received “strong buy” ratings from eight analysts, while nine have given it “buy” ratings or some equivalent. The remaining five analysts polled by Thomson Reuters on November 22 have rated the stock as a “hold.”

  • How Much Upside Do Analysts See in SCCO amid Lower Copper Prices?
    Market Realist18 days ago

    How Much Upside Do Analysts See in SCCO amid Lower Copper Prices?

    Southern Copper (SCCO) has received a “buy” rating from only one analyst, while three have given it “hold” ratings. Three analysts have given it “sell” ratings, and the remaining analyst polled by Thomson Reuters on November 22 has given the stock a “strong sell” rating. Southern Copper has the lowest percentage of “buy” ratings among the copper miners we’re covering in this series.

  • Freeport Continues to Face Analysts’ Wrath after Its Q3 Results
    Market Realist21 days ago

    Freeport Continues to Face Analysts’ Wrath after Its Q3 Results

    Freeport-McMoRan (FCX) has received a “strong buy” rating from one analyst, while six have given it “buy” ratings. Thirteen analysts have given Freeport “hold” ratings, while the remaining two analysts polled by Thomson Reuters on November 22 have given it “sell” ratings or some equivalent.

  • Wall Street Is Largely Unfazed by Plunging Copper Prices
    Market Realist21 days ago

    Wall Street Is Largely Unfazed by Plunging Copper Prices

    The metals and mining space has seen a reversal of fortune this year. Metals prices plunged to multiyear lows in 2015 and 2016. However, China’s stimulus helped fuel a rally in commodity prices.

  • Bloomberg21 days ago

    Prospect of Harsher Rules Causes Mexican Mining Companies to Fall Even Farther

    Large Mexico-based mining companies have slipped almost 8 percent on average over the past two days, according to analysts at Raymond James. Lima-based Southern Copper fell 11 percent in New York, and Toronto-based Torex Gold Resources Inc. was down as much as 14 percent, the biggest intraday decline since July.

  • Why Southern Copper, Cleveland-Cliffs, and Denbury Resources Slumped Today
    Motley Fool21 days ago

    Why Southern Copper, Cleveland-Cliffs, and Denbury Resources Slumped Today

    Natural resources stocks led the overall market lower.

  • Billionaire Ken Fisher Loves Southern Copper Corporation (SCCO)’s Dividend
    Insider Monkey22 days ago

    Billionaire Ken Fisher Loves Southern Copper Corporation (SCCO)’s Dividend

    Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and investors’ positions as of the end of the third-quarter. You can find write-ups about an individual hedge fund’s trades on numerous financial news websites. However, […]

  • Freeport-McMoRan’s Outlook Is Cloudy, Earnings Peak
    Market Realist24 days ago

    Freeport-McMoRan’s Outlook Is Cloudy, Earnings Peak

    While copper prices have been weak in 2018, higher gold shipments have helped Freeport-McMoRan (FCX) post higher earnings in the last few quarters. The company posted an adjusted EBITDA of $1.8 billion in the third quarter. The company’s EBITDA in the last 12 months ending on September 30 is $7.9 billion.

  • Physical Copper Markets Might Tighten More in 2019
    Market Realist24 days ago

    Physical Copper Markets Might Tighten More in 2019

    Previously, we discussed some Chinese copper demand indicators (SCCO). China’s copper demand indicators don’t look as strong as what we saw at the beginning of 2018. End consumers like the construction and automotive sectors have shown signs of moderation.

  • Is There More Heat Left in Freeport-McMoRan’s Rally?
    Market Realist25 days ago

    Is There More Heat Left in Freeport-McMoRan’s Rally?

    Freeport-McMoRan (FCX), the leading US-based copper miner, has seen a significant upside after the stock fell to its 52-week low after its third-quarter earnings were released. Although Freeport-McMoRan managed to beat its earnings estimates in the third quarter for the top line and bottom line, investors gave a thumbs down to its earnings.

  • Ken Heebner Continues to Buy Itau Unibanco, Southern Copper
    GuruFocus.comlast month

    Ken Heebner Continues to Buy Itau Unibanco, Southern Copper

    Guru increases holdings of these 6 companies

  • Is the Sharp Fall in Chinese Copper Imports Concerning?
    Market Realistlast month

    Is the Sharp Fall in Chinese Copper Imports Concerning?

    In the previous part, we discussed China’s steel and aluminum exports. While China is the largest steel and aluminum exporter, it’s the largest copper importer. Copper mining is concentrated in Latin America.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of SCCO earnings conference call or presentation 24-Oct-18 4:00pm GMT

    Q3 2018 Southern Copper Corp Earnings Call

  • Simply Wall St.last month

    Southern Copper Corporation (NYSE:SCCO): 4 Days To Buy Before The Ex-Dividend Date

    Shares of Southern Copper Corporation (NYSE:SCCO) will begin trading ex-dividend in 4 days. To qualify for the dividend check of US$0.40 per share, investors must have owned the shares prior Read More...