Southern Copper Corporation
Price History
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About Southern Copper Corporation
Overview
Southern Copper Corporation is a major integrated copper producer with operations in Peru and Mexico. The company is one of the most cost-efficient copper producers globally, with large mineral reserves and a strong project pipeline. Southern Copper is a subsidiary of Grupo México.
Operations
The company operates five mines, two smelters, and three refineries in Peru and Mexico. Major operations include Toquepala and Cuajone open-pit mines in Peru, Buenavista and La Caridad mines in Mexico, and IMMSA's underground operations. The company also produces significant amounts of molybdenum, silver, and zinc.
Strategy
Southern Copper's strategy emphasizes maintaining low operating costs, expanding production through major projects, maintaining industry-leading financial strength, and returning significant cash to shareholders through dividends. The company has one of the largest copper reserve bases in the industry.
Key Projects
Key development projects include Michiquillay (a world-class greenfield copper project in Peru with 3.6 billion tonnes of mineral reserves), Los Chancas in Peru, and El Pilar in Mexico. The company also continues to pursue efficiency improvements and debottlenecking at existing operations.
Primary Commodities
Financial Metrics
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Press Releases
Southern Copper Corporation (SCCO) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Southern Copper (SCCO). This makes it worthwhile to examine what the stock has in store.
Southern Copper (SCCO) Rises As Market Takes a Dip: Key Facts
Southern Copper (SCCO) closed at $196.16 in the latest trading session, marking a +2.9% move from the prior day.
Middle East Conflict Tests Southern Copper’s Valuation, Dividend And Governance
Military conflict in the Middle East has led to the closure of a key global shipping chokepoint, disrupting trade routes that affect Southern Copper Corporation (NYSE:SCCO). These disruptions are contributing to supply chain challenges, currency headwinds and broad sector downgrades across metals and mining names. At the same time, insider selling by Southern Copper directors has emerged, adding a governance angle to the current news flow. Southern Copper is a major copper producer, so it...
Did Middle East Tensions and a Stronger Dollar Just Shift Southern Copper's (SCCO) Investment Narrative?
In recent days, an escalating military conflict in the Middle East, including US and Israeli airstrikes on Iran and Iran’s declaration that the Strait of Hormuz is closed, has unsettled global markets and weighed on materials and mining companies such as Southern Copper. The conflict has strengthened the US dollar and pressured commodity prices, which can compress realized metal prices for Southern Copper and influence investor sentiment toward its longer-term growth plans. We’ll now examine...
Southern Copper (SCCO) Suffers a Larger Drop Than the General Market: Key Insights
In the closing of the recent trading day, Southern Copper (SCCO) stood at $206.23, denoting a -5.77% move from the preceding trading day.
BofA Turns Cautious on Southern Copper (SCCO) Despite Higher Price Target
Southern Copper Corporation (NYSE:SCCO) is included among the 13 Best Performing Long Term Stocks to Invest in. On February 26, BofA downgraded Southern Copper Corporation (NYSE:SCCO) to Underperform from Neutral. It raised its price target on the stock to $175 from $162. The firm said the downgrade reflects concerns about the stock’s “stretched” valuation and […]
Here Are Thursday’s Top Wall Street Analyst Research Calls: Alcon, First Solar, Five Below, Joby Aviation, Spotify, Trade Desk, U.S. Bancorp, and More
Pre-Market Stock Futures: The futures are trading flat after a big follow-through rally on Wednesday, which fed off the big gains generated on Tuesday. The big news after the closing bell was the Nvidia earnings release. While they once again blew out the numbers, Wall Street initially didn’t take it as a sign for a ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Alcon, First Solar, Five Below, Joby Aviation, Spotify, Trade Desk, U.S. Bancorp, and More
Assessing Southern Copper (SCCO) Valuation After A Powerful Multi‑Period Share Price Rally
Recent performance snapshot Southern Copper (SCCO) has drawn investor attention after a strong run, with the share price showing double digit returns over the past week, month, and past 3 months, capped by a 2.1% move at the last close. See our latest analysis for Southern Copper. That short burst of momentum sits on top of a much longer upswing, with the 1 year total shareholder return of 146.1% and a 5 year total shareholder return of 268.8%. These figures point to strong, sustained...
Copper Demand Pushes This Mining Stock To A High
This copper mining stock has benefited from the rise in copper prices. Copper is used in the aerospace and automotive industries.
Investors Heavily Search Southern Copper Corporation (SCCO): Here is What You Need to Know
Zacks.com users have recently been watching Southern Copper (SCCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Quick Facts
- Ticker Symbol
- SCCO
- Market Cap
- Large Cap
- Category
- Copper
- Commodities
- Copper, Molybdenum, Silver
- Headquarters
- Phoenix, Arizona, USA (Operations: Peru, Mexico)
- Founded
- 1952
- Employees
- ~13,500
Operating Countries
Producing Assets
- •Toquepala (Peru)
- •Cuajone (Peru)
- •Buenavista (Mexico)
- •La Caridad (Mexico)
- •IMMSA Complex (Mexico)
Development Assets
- •Michiquillay (Peru)
- •Los Chancas (Peru)
- •El Pilar (Mexico)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.