Southern Copper Stock Today

SCCO Stock  USD 102.60  0.40  0.39%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
Southern Copper is selling at 102.60 as of the 19th of March 2024; that is -0.39 percent down since the beginning of the trading day. The stock's open price was 103.0. Southern Copper has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Southern Copper are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
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 773.11 M outstanding shares of which 4.47 M shares are at this time shorted by private and institutional investors with about 5.28 trading days to cover. More on Southern Copper

Moving together with Southern Stock

  0.66AU AngloGold Ashanti Plc Financial Report 28th of June 2024 PairCorr
  0.64SA Seabridge Gold Report 4th of April 2024 PairCorr

Southern Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Southern Copper's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Southern Copper or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Southern Copper's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southern Copper's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOXavier Topete
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, NYSE US 100, Jakarta Stock Exchange, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Analysts covering Southern Copper report their recommendations after researching Southern Copper's financial statements, talking to executives and customers, or listening in on Southern Copper's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Southern Copper. The Southern consensus assessment is calculated by taking the average forecast from all of the analysts covering Southern Copper.
Financial Strength
Based on the analysis of Southern Copper's profitability, liquidity, and operating efficiency, Southern Copper may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Southern Copper is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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
Southern Copper's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Southern Copper's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Southern Copper's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Southern Copper's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Southern Copper's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Southern Copper deploys its capital and how much of that capital is borrowed.
Liquidity
Southern Copper cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company 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. Debt can assist Southern Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Southern Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Southern Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Southern to invest in growth at high rates of return. When we think about Southern Copper's use of debt, we should always consider it together with 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 79.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Southern Copper's market, we take the total number of its shares issued and multiply it by Southern Copper's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Southern Copper conducts business under Metals & Mining sector and is part of Materials industry. The entity has 773.11 M outstanding shares of which 4.47 M shares are at this time shorted by private and institutional investors with about 5.28 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 773.11 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. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Southern Ownership Details

Southern Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Southern Copper jumping above the current price in 90 days from now is near 1%. The Southern Copper probability density function shows the probability of Southern Copper stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.0099. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Southern Copper will likely underperform. Additionally, the company has an alpha of 0.2424, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 102.6HorizonTargetOdds Above 102.6
99.99%90 days
 102.60 
0.01%
Based on a normal probability distribution, the odds of Southern Copper to move above the current price in 90 days from now is near 1 (This Southern Copper probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) .

Southern Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Southern Copper that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Southern Copper's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Southern Copper's value.
InstituionRecorded OnShares
Ubs Asset Mgmt Americas Inc2023-12-31
1.2 M
Legal & General Group Plc2023-12-31
1.1 M
Jpmorgan Chase & Co2023-12-31
M
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
997.1 K
Vanguard Group Inc2023-12-31
957.5 K
Ameriprise Financial Inc2023-12-31
955.6 K
1832 Asset Management L.p2023-12-31
858.4 K
Marathon Asset Mgmt Ltd2023-12-31
852.7 K
Norges Bank2023-12-31
834.2 K
Blackrock Inc2023-12-31
6.8 M
T. Rowe Price Associates, Inc.2023-12-31
6.6 M
View Southern Copper Diagnostics

Southern Copper Historical Income Statement

Southern Copper Income Statement is one of the three primary financial statements used for reporting Southern's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Southern Copper revenue and expense. Southern Copper Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 19th of March 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 198.9 M. View More Fundamentals

Southern Stock Against Markets

Picking the right benchmark for Southern Copper stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Southern Copper stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Southern Copper is critical whether you are bullish or bearish towards Southern Copper at a given time. Please also check how Southern Copper's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Southern Copper without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Southern Copper Corporate Directors

Southern Copper corporate directors refer to members of a Southern Copper board of directors. The board of directors generally takes responsibility for the Southern Copper's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Southern Copper's board members must vote for the resolution. The Southern Copper board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Southern Stock?

Before investing in Southern Copper, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Southern Copper. To buy Southern Copper stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Southern Copper. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Southern Copper stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Southern Copper stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Southern Copper stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Southern Copper, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.

Already Invested in Southern Copper?

The danger of trading Southern Copper is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Southern Copper is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Southern Copper. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Southern Copper is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Southern Stock analysis

When running Southern Copper's price analysis, check to measure Southern Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Transaction History
View history of all your transactions and understand their impact on performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Is Southern Copper's industry 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
(0.51)
Dividend Share
4
Earnings Share
3.14
Revenue Per Share
12.8
Quarterly Revenue Growth
(0.19)
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.