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 (SCCO) Registers a Bigger Fall Than the Market: Important Facts to Note
In the closing of the recent trading day, Southern Copper (SCCO) stood at $159.76, denoting a -3.46% move from the preceding trading day.
Southern Copper Corporation (SCCO) is Attracting Investor Attention: Here is What You Should Know
Southern Copper (SCCO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Is Southern Copper (SCCO) Fairly Priced After Its Recent Share Price Pullback?
If you are wondering whether Southern Copper's current share price fairly reflects its value, this breakdown will help you connect the dots between recent moves, fundamentals, and what the market might be pricing in. The stock recently closed at US$159.81, after an 11.5% decline over 7 days and a 15.0% decline over 30 days, while still showing returns of 8.4% year to date and 71.7% over the past year. These swings have come alongside ongoing attention on copper producers in general, with...
Southern Copper (SCCO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Southern Copper (SCCO) closed at $159.81 in the latest trading session, marking a -4.14% move from the prior day.
Southern Copper (SCCO) Suffers a Larger Drop Than the General Market: Key Insights
Southern Copper (SCCO) closed the most recent trading day at $166.72, moving 5.82% from the previous trading session.
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.
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.