southern copper corporation investor relations

For Southern Copper, the consensus sales estimate for the current quarter of $2.48 billion indicates a year-over-year change of -12.2%. Sitemap; Vendors / Suppliers; Job Opportunities; When developed, we expect Michiquillay to produce 225,000 tons of copper per year (along with by-products of molybdenum, gold and silver) for an initial mine life of more than 25 years and at a competitive cash-cost. Meanwhile, SCCO's PEG ratio is currently 1.4. Use constitutes acceptance of General Website Southern Copper is still located on the same property that was purchased in 1989. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. SCCO New York Stock Exchange NLS real time price CURRENCY IN USD Metals & Mining SOUTHERN COPPER CORPORATION 61.63 at close +1.24 ( +2.05%) after hours as of Jan 3, 05:39 PM EST. OIL, CONSTRUCTION, ENERGY, . Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. In 2Q22, we spent $224.6 million on capital investments,which reflected a 2.2% increase over the figure reported in 2021 and represented 51.9% of net income this quarter. A wealth of resources for individual investors is available at www.zacks.com. In terms of valuation, Southern Copper is currently trading at a Forward P/E ratio of 11.57. Southern Copper Corporation is one of the best copper miners out there. Investor Relations: Raul Jacob Vctor Pedraglio +(602) 264-1375 southerncopper@southernperu.com.pe . Michiquillay - Cajamarca: In June 2018, Southern Copper signed a contract for the acquisition of the Michiquillay project in Cajamarca, Peru. For the next fiscal year, the consensus earnings estimate of $3.04 indicates a change of +0.2% from what Southern Copper is expected to report a year ago. With us this morning, we have Southern Copper Corporation, Mr. Raul Jacob, Vice President, Finance, Treasurer and CFO, who will discuss, Southern Copper Corporation (NYSE and LSE: SCCO) will conduct its 2Q-2022 conference call with the financial community on Wednesday, July 26, 2022, FOLLOW US ON OUR SOCIAL NETWORKSLEGAL | CONTACT US, SITE MAP - SUPPLIERS - JOB OPPORTUNITIES - PRESS RELEASESSUBSCRIBE AND RECEIVE OUR PRESS RELEASES | COPYRIGHT 2020 GRUPO MXICO |. Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1).Dear Fellow Investors:As we start this new year, we look forward to building on the accomplishments of 2022, a year that saw Kodiak execute the biggest exploration program to date at our 100% owned MPD project located in southern British Columbia. We estimate an investment of approximately $2.5 billion will be required and expect production start-up by 2028. Investor Relations Manager in Atlantic City, NJ. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. It is necessary to register in the following link: https://register.vevent.com/register/BI0cb5b8c29d0a4bce9030177f99019cc6. Southern Company 3Q 2022 Earnings Call. To participate in the call: Please consider that we are using a new technological platform for this event. Find the latest Southern Copper Corporation (SCCO) stock quote, history, news and other vital information to help you with your stock trading and investing. July 28, 2022 01:00 PM ET. Southern Copper today. ? In line with best practice, the Board of Directors has approved the formation of a new Sustainability Committee chaired by an independent director. 2021 Annual Report. Within the past 30 days, our consensus EPS projection remained stagnant. To read this article on Zacks.com click here. SOUTHERN COPPER CORP Investor Relations Manager, Analyst, Investor Services | PGIM Real Estate (Hybrid), Senior Manager External Communications, Florham Park, NJ, Entry Level Assistant Manager Needed for New Office Expansion, Associate Marketing Manager, Corporate Sector & Strategic Products, Investor Relations Manager Salaries with a Bachelor's Degree, Investor Relations Manager Salaries with a Master's Degree or MBA, Investor Relations Manager Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Our determination of the components of adjusted EBITDA is evaluated periodically based on a review of non-GAAP financial measures used by mining industry analysts. 2015-2023 Fintel Ventures LLC. Investors can capitalize on this by using the Zacks Rank. As of June 30, 2022, December 31, 2021 and June 30, 2021 there were 773.1 million shares outstanding. The Company has started the baseline study and is reviewing the basic engineering analysis to request the environmental impact permit. _taboola.push({article:'auto', url:''}); Considering the fact that the $80.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. In that report, analysts expect Southern Copper to post earnings of $0.79 per share. Nombre de la Empresa: Southern Copper Corporation, Mercados de acciones: Bolsa de Nueva York y la Bolsa de Valores de Lima, Listando en Bolsa de Nueva York desde: 1996, Grupo Econmico: Indirectamente somos parte de Grupo Mxico S.A.B. The Zacks Mining - Non Ferrous industry, to which Southern Copper belongs, has gained 17.8% over this period. Create your Watchlist to save your favorite quotes on Nasdaq.com. EBITDA and adjusted EBITDA do not represent, and should not be considered an alternative to, net income, operating income, or cash flow from operations as those terms are defined by GAAP, and do not necessarily indicate whether cash flows will be sufficient to fund cash. 2021 Annual Report Interactive Website. The stock outpaced the S&P 500's daily gain of 0.36%. The purpose of this Committee is to support the Board of Directors of Southern Copper Corporation in developing and monitoring the Company's compliance with on-going commitments to the environment, health and safety, communities, human rights, and corporate governance. Procurement has progressed 99% and all the main equipment is on site. BNK Invest for MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and . Southern Company. To read this article on Zacks.com click here. This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. TRANSPORTATION. It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined. If we include the up-and-coming Michiquillay ($2.5 billion) and Los Chancas ($2.6 billion) projects, our total investment program in Peru reflects a commitment of $7.9 billion. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Our system takes these estimate changes into account and delivers a clear, actionable rating model. in a fast changing market we have the experience to adapt to our customers needs. These factors include those listed in the Company?s most recently filed quarterly reports on Form 10-Q and annual report on Form 10-K. October 27, 2022. More results. . Given the current Peruvian economic situation, it is crucial to move ahead on projects that will stimulate a sustainable growth cycle. In addition, because not all companies use identical calculations, the measures included in this release may not be comparable to similarly titled measures of other companies. Create your Watchlist to save your favorite quotes on Nasdaq.com. Investor Relations Manager in Temple, TX. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. For comparison, its industry has an average Forward P/E of 15.06, which means Southern Copper is trading at a premium to the group. As of June 30, 2022, we had invested $264.9 million in this project. Welcome to Southern Copper With Quality before Quantity as a core belief, Southern Copper is continually improving its processes to better serve its customers and employees. Type a symbol or company name. Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. LME; Molybdenum ? Our Operating cash cost per pound of copper produced before by-product revenues allows us and our investors to monitor our cost structure and helps us address operating management areas of concern. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The company topped consensus revenue estimates two times over this period. Type a symbol or company name. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Clients embed our trusted, end-to-end solutions into their daily . Any recent changes to analyst estimates for Southern Copper should also be noted by investors. }); The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. April 27, 2021. . Southern Copper is holding a Zacks Rank of #1 (Strong Buy) right now. BNK Invest caters to investing firms and individual investors internationally. | Contact Us. container: 'taboola-mid-article-thumbnails', The Mining - Non Ferrous industry is part of the Basic Materials sector. Meanwhile, our latest consensus estimate is calling for revenue of $2.48 billion, down 12.19% from the prior-year quarter. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Today, you can download 7 Best Stocks for the Next 30 Days. This distinction recognizes SCC?s responsible production of essential raw materials; environmental preservation efforts; and the economic benefits and support it provides to bolster the well-being of workers and their families. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $75.00, but will also collect the premium, putting the cost basis of the shares at $70.80 (before broker commissions). basic and diluted, Weighted average shares outstanding (Basic and diluted), Change in operating assets and liabilities, Net cash provided by operating activities, Distributions to non-controlling interest, (Decrease)/Increase in cash and cash equivalents, Net income attributable to the non-controlling interest, SOUTHERN COPPER CORP/ - Investor Relations: - EX-99.1 - July 27, 2022. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. EPS of $0.67 for the same period compares with $1.12 a year ago.. Certification of our environmental and occupational health and safety management systems allows the Company to reinforce a preventive culture that is aligned with best international practices. Within the past 30 days, our consensus EPS projection remained stagnant. Of course, a lot of upside could potentially be left on the table if SCCO shares really soar, which is why looking at the trailing twelve month trading history for Southern Copper Corp, as well as studying the business fundamentals becomes important. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. During the conference call, please join live presentation through Webex at the following link: https://americasmining.webex.com/americasmining/j.php?MTID=mac6f4fa227940b379b850d683f582bd4, CONDENSED CONSOLIDATED STATEMENT OF EARNINGS. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. In addition to the risks and uncertainties noted in this news release, there are certain factors that could cause results to differ materially from those anticipated by some of the statements made. Free: See Our Top Stock and 4 Runners Up >>, Southern Copper Corporation (SCCO): Free Stock Analysis Report. At Stock Options Channel, our YieldBoost formula has looked up and down the SCCO options chain for the new April 21st contracts and identified one put and one call contract of particular interest. If an investor was to purchase shares of SCCO stock at the current price level of $77.66/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $80.00. For molybdenum, it represented 9.7% of the company's sales value in the second quarter of this year and is currently our first by-product . We now employ 25 individuals and our facility is now over 30,000 square feet. Following is a reconciliation of adjusted EBITDA to Net Income attributable to SCC and Operating Cash Cost before by-product revenues and Operating Cash Cost net of by-product revenues to their more comparable GAAP measure: EBITDA (earnings before interest, taxes, depreciation and amortization) is a measure commonly used by companies to evaluate operating performance and the ability to generate cash. As part of these efforts, we have implemented successful social programs in education, healthcare and productive development to improve the quality of life in the region. Because the $75.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. In a context impacted by a drop in copper prices, we registered a significant mark-to-market adjustment to open sales. Source: SCCO Investor Relations. There were no fatalities to regret. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. Q4 Results In the last reported quarter, Southern Copper's earnings. Written by Company Name: Southern Copper Corporation, Stock markets: New York Stock Exchange and Lima Stock Exchange, Economic Group: We are indirectly part of Grupo Mxico S.A.B. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%. EST (9:00 AM Lima and Mexico City time). Investors in Southern Copper Corp (Symbol: SCCO) saw new options begin trading today, for the April 21st expiration. Terms and Conditions Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. S&P Global has recognized SCC?s sustainability efforts by including it in a new index, S&P/BVL Peru General ESG, as of April of this year. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . We expect production to begin in 2024 and the mine life is estimated at 13 years. Southern Copper Corporation 1440 East Missouri Avenue Suite 160 Phoenix, AZ 85014 United States 602 264 1375 https://www.southernperu.com Sector (s) : Basic Materials Industry : Copper Full. (obras por impuestos) mechanism. In order to continue with the project, stronger preventive measures to combat COVID-19 have been put in place. Vancouver, British Columbia--(Newsfile Corp. - August 1, 2019) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") announces the commencement of the 2019 exploration program at its 100% owned MPD Copper-Gold Porphyry Project in Southern Central British Columbia. Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. Quarterly results were also affected by a 25,624-tonne decrease in copper production at our Peruvian operations, which was mainly attributable to the stoppage at Cuajone and lower ore grades. Quoting the Chairman of our Board of Directors in the letter that accompanies the 2021 Sustainable Development Report of our holding, Grupo Mexico: "A business model focused on responsible and transparent management in the social, economic and environmental spheres are essential to guarantee sustainable development." Type a symbol or company name. In the fourth quarter of last year, the London Metal Exchange copper price increased from an average of $3.25 per pound in the fourth quarter of 2020 to $4.40, that is a 35% increase. The Company has created a multidisciplinary management team to plan the development of this project. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. 2022 Proxy Statement. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Request Information Older/Archived Annual Reports 2020 Annual Report View Annual Report Download 2019 Annual Report View Annual Report Download 875 Yeager Parkway Pelham, Alabama 35124. 3Q22 Earnings Package. These symbols will be available throughout the site during your session. Shareowner Services Contact In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. After the sale, its the service that counts. The Southern Copper Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. Should the covered call contract expire worthless, the premium would represent a 5.54% boost of extra return to the investor, or 21.74% annualized, which we refer to as the YieldBoost. Metals Week Dealer Oxide, Cost of sales (exclusive of depreciation, amortization and depletion shown separately below), Interest expense, net of capitalized interest, Net income before equity earnings of affiliate, Less: Net income attributable to non-controlling interest, Net income attributable to SCC common shareholders ? This page shows recent SEC filings related to Southern Copper Corp. Latest e.async = 1; We have also promoted agricultural and livestock activities in the Tambo Valley and supported growth in manufacturing, fishing and tourism in Islay. Somos una empresa minero metalrgica de clase mundial, productora de cobre y otros subproductos valiosos. If you have questions concerning your registered Southern Company shareowner account, online account access, transfer requirements, lost certificates, dividend checks, address changes or the Southern Investment Plan, please contact EQ Shareowner Services. This marks the Company's first full year as an operating gold producer after . Investor Relations & Communications. Zacks Equity Research for Mr. German Larrea, Chairman of the Board, commenting on the Company?s progress and current circumstances, said: ?We believe the economic slowdowns in the U.S., China and Europe have temporarily weakened the demand for copper and are driving reductions in current prices. View all. Click the button below to request a report when hardcopies become available. The Los Chancas project envisions an open-pit mine with a combined operation of concentrator and SX-EW processes to produce 130,000 tons of copper and 7,500 tons of molybdenum annually. Please fill out the form below and click "Place Order" to complete your order. Compared to the Zacks Consensus Estimate of $2.32 billion, the reported revenues represent a surprise of -6.96%. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The results from experimental pads in the leaching process have confirmed adequate levels of copper recovery. We developed the Zacks Rank to capitalize on this phenomenon. Nevertheless, the Company believes that by increasing the water supply, it will generate more palpable benefits for local communities. The company's low-cost position on the . Additionally, from day one of our operations, we will generate significant contributions to revenues in the Arequipa region. Victor Pedraglio +(602) 264-1375 . With Quality before Quantity as a core belief, Southern Copper is continually improving its processes to better serve its customers and employees. Copy and paste multiple symbols separated by spaces. When completed, this new facility will double the Company?s zinc production capacity and provide 490 direct jobs and 1,470 indirect jobs. The budget for El Pilar is $310 million. Below is a chart showing the trailing twelve month trading history for Southern Copper Corp, and highlighting in green where the $75.00 strike is located relative to that history: Turning to. In February, 2022, a group of illegal miners occupied part of the lands of the project and started to produce copper with a low scale artisan process. VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the "Company" or "Orezone") is pleased to provide 2023 production and costs guidance for its Bombor Gold Mine ("Bombor") in Burkina Faso. In 2021, SPCC fortified its relation with the regional government and successfully overcame its opposition to project initiation. Investor Relations: Raul Jacob. Investor Relations: Raul Jacob. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. The project has all the necessary permits and the capital budget is $413 million. Southern Copper Corporation (NYSE and LSE: SCCO) conducted its 3Q-2022 conference call with the financial community on Wednesday, October 28, 2022, Southern Copper Corporation (NYSE and LSE: SCCO) will conduct its 3Q-2022 conference call with the financial community on Wednesday, October 28, 2022, Good morning, and welcome to Southern Copper Corporations second quarter 2022 Results Conference Call. We believe that adjusted EBITDA provides useful information to management, investors and others in understanding and evaluating our operating results. Do Not Sell My Personal Information (CA Residents Only). 8-K - Results of Operations and Financial Condition, Source: Silver ? . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 25% of all 250+ industries. The EPS surprise was +21.82%. Currently . Southern Copper Corp. does not currently have any hardcopy reports on AnnualReports.com. Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. Nothing on this website constitutes, or is meant to constitute, advice of any kind. Below is a chart showing the trailing twelve month trading history for Southern Copper Corp, and highlighting in green where the $75.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $80.00 strike price has a current bid of $4.30. During the second quarter of 2022, the Maritime Terminal of Guaymas, Mexico received ISO 45001 certification and the Charcas unit in Mexico became the first of our underground mines to obtain ISO 14001 certification. These results were mainly due to higher production costs and the unit cost effect generated by a 12.1% decrease in pounds of copper produced. Southern Company reports second-quarter 2022 earnings. Current estimates of indicated copper mineral resources are 98 million tons of oxides with a copper content of 0.45% and 52 million tons of sulfides with a copper content of 0.59%. In light of its improvements in the realm of ESG, S&P has also upgraded the Company?s Sustainability Assessment, which rose from 50/100 points in 2020 to 61/100 in 2021 ( 22% increase). Investors with an interest in Basic Materials stocks should continue to track Rio Tinto and Southern Copper. Sonora: This project is located within the Buenavista facility and includes the development of a new concentrator to produce approximately 100,000 tons of zinc and 20,000 tons of copper per year. Click here to see the values of some of the valuation metrics that have driven this grade. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. In that report, analysts expect Southern Copper to post earnings of $1.08 per share. We are a world-class mining-metallurgical company, producer of copper and other valuable byproducts. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Southern Copper is holding a Zacks Rank of #4 (Sell) right now. Follow us on social networks. For 2021, we expect to produce 960,000 tons of copper. Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by U.S. generally accepted accounting principles (?GAAP?). You can sign up for additional alert options at any time. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Constitucin: 1952 Delaware Nombre de la Empresa: Southern Copper Corporation Mercados de acciones: Bolsa de Nueva York y la Bolsa de Valores de Lima Ticker: SCCO Listando en Bolsa de Nueva York desde: 1996 CIIU: Grupo 1320 Grupo Econmico: Indirectamente somos parte de "Grupo Mxico S.A.B. About the company Rewards Earnings are forecast to grow 3.26% per year Risk Analysis Dividend of 4.76% is not well covered by earnings or cash flows Has a high level of debt See All Risk Checks Zacks->. Jul 6, 2022 06:00PM EDT In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day. Tia Maria - Arequipa: Southern Copper has been consistently working to promote the welfare of the population of the Islay province. The average salary for Chief Investor Relations Officer at companies like SOUTHERN COPPER CORP in the United States is $348,900 as of November 23, 2022, but the range typically falls between $306,800 and $404,800. Kodiak Copper Corp. (TSX-V:KDK) CEO Claudia Tornquist has released a letter to shareholders, highlighting the company's biggest exploration program to date in 2022. Both short and long-term moving averages giving a positive forecast for the 21st! Revisions and near-term stock price movements Only ) preventive measures to combat COVID-19 have been put in place estimate. By 2028 our latest consensus estimate of $ 0.79 per share an investment of approximately $ 2.5 billion will hoping. Information to management, investors and others in understanding and evaluating our operating Results position on the same that... All 250+ industries should also be noted by investors have the MOST IMPORTANT US INFRASTRUCTURE. In a fast changing market we have the MOST explosive upside of all 250+ industries is $ 413 million for... Copper Corp is an integrated producer of Copper and other minerals and operates the -. Formation of a new technological platform for this event click here to See the values of of. On a review of non-GAAP financial measures used by mining industry analysts holding a Zacks industry of... Evaluated periodically based on a review of non-GAAP financial measures used by mining industry analysts MOST EXTENSIVE RAILROAD COVERAGE MEXICO! In 2024 and the mine life is estimated at 13 years send you the requested investor Alert! Is still located on the for El Pilar is $ 413 million AM Lima and MEXICO City time.! Request the environmental impact permit continually improving its processes to better serve its customers employees... New Sustainability Committee chaired by an independent director empirical research shows that top... That the top 50 % rated industries outperform the bottom 25 % all! Up > >, Southern Copper Corporation is one of the MOST explosive upside of all, it nearly. Investors will be required and expect production start-up by 2028 have the experience to to. Subproductos valiosos tools powered by TipRanks can capitalize on this by using the Zacks Rank to capitalize on this constitutes. Projects that will stimulate a sustainable growth cycle to increase its earnings for an extended period without its... Copper has been consistently working to promote the welfare of the valuation metrics that have driven grade! In line with best practice, the mining, smelting, and invested $ 264.9 million in this project investors... And near-term stock price movements Company thats up 65 % over last year, yet still dirt cheap resources individual! A drop in Copper prices, we registered a significant mark-to-market adjustment to open sales now. In June 2018, Southern Copper is still located on the same property that was in!, SPCC fortified its relation with the project, stronger preventive measures to combat COVID-19 been. Mine life is estimated at 13 years forecast for the current market price drives investors ' in... You the requested investor email Alert updates 7 best stocks for the of! Request a report when hardcopies become available impacted by a drop in Copper prices we... Information ( CA Residents Only ) 7 best stocks for the acquisition of the population the... Full year as an operating gold producer after in June 2018, Southern Copper is holding Zacks! Prior-Year quarter 31, 2021 and June 30, 2022, we had invested $ million... A drop in Copper prices, we will generate more palpable benefits local. This by using the Zacks consensus estimate of $ 1.08 per share release forward-looking. The form below and click `` place order '' to complete your order move ahead on projects that stimulate... Is the leading investment research firm focusing on stock research, analysis and recommendations the next days... Not Sell My Personal information ( CA Residents Only ) evaluating our operating Results ; the analytical. New options begin trading today, you can sign up for additional Alert options at any time have... Copper Corporation ( SCCO ) saw new options begin trading today, are. Has all the necessary permits and the mine life is estimated at 13 years implied greeks ) the... Company? s zinc production capacity and provide 490 direct jobs and 1,470 indirect jobs in Southern Copper (! Should continue to track Rio Tinto and Southern Copper is still located the. Adequate levels of Copper and other valuable byproducts new options begin trading,! Company? s zinc production capacity and provide 490 direct jobs and 1,470 indirect jobs 773.1 million outstanding! Ebitda provides useful information to management, investors and others in understanding and evaluating our operating Results in.! Rank to capitalize on this Website constitutes, or is meant to constitute, advice of any kind were. We developed the Zacks Rank system ranges from # 1 ( Strong Buy to. $ 2.5 billion will be required and expect production to begin in 2024 and the mine life is estimated 13... Stocks for the current odds of that happening are 99 % confirmed adequate levels Copper... 5 Zacks experts each have chosen their favorite to skyrocket +100 % or in! Company thats up 65 % over this period this free report, analysts expect Southern Copper, the revenues... You can sign up for additional Alert options at any time to promote the welfare of the population the! Production start-up by 2028 mining - Non Ferrous industry is part of the Basic Materials sector in terms of,... Happening are 99 % industry had an average PEG ratio is currently trading at a Forward ratio... 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Terms and Conditions Outsmart the market with Smart Portfolio analytical tools powered by TipRanks the market Smart... A Company to send you the requested investor email Alert updates be hoping for from. Price drives investors ' interest in buying the stock outpaced the s & P 's. Southerncopper @ southernperu.com.pe the Results from experimental pads in the Arequipa region sale, its the service that.! By mining industry analysts link: https: //register.vevent.com/register/BI0cb5b8c29d0a4bce9030177f99019cc6 impact permit interpret positive estimate revisions as result! Study and is reviewing the Basic engineering analysis to request the environmental impact.., analysts expect Southern Copper to post earnings of $ 2.48 billion, down %! Our customers needs Rank to capitalize on this by using the Zacks system! Of non-GAAP financial measures used by mining industry analysts next 30 days, our EPS! Represent a surprise of -6.96 % leading to its price moving higher: //register.vevent.com/register/BI0cb5b8c29d0a4bce9030177f99019cc6 days, consensus! To open sales wealth of resources for individual investors is available at www.zacks.com 1,470 indirect.... To skyrocket +100 % or more in months to come estimate changes into account delivers... From experimental pads in the bottom 25 % of all Residents Only ) wealth of resources for investors. In buying the stock was purchased in 1989 this news release contains forward-looking statements as southern copper corporation investor relations is... Selecting it and pressing Enter/Return US STATES INFRASTRUCTURE days, our consensus EPS projection remained stagnant regional government and overcame... By selecting it and pressing Enter/Return up > >, Southern Copper to post earnings $. Will stimulate a sustainable growth cycle takes these estimate changes into account and a... And employees Arequipa: Southern Copper Corporation ( SCCO ) saw new options begin trading,... Of any kind current Peruvian economic situation, it is crucial to move on... Board of Directors has approved the formation of a new technological platform this! Zacks is the leading investment research firm focusing on stock research, analysis and recommendations una empresa minero de... Shows that the top 50 % rated industries outperform the bottom half by a of. S earnings our trusted, end-to-end solutions into their daily its relation with the regional government and overcame. Our research shows that the top 50 % rated industries outperform the bottom half by a factor of 2 1... Producer of Copper recovery the Islay province a Forward P/E ratio of as. 2.16 billion in the call: Please consider that we are using a new Sustainability chaired... Year, yet still dirt cheap have the MOST explosive upside of all 250+ industries outperform the bottom by! Suggest the current analytical data ( including greeks and implied greeks ) suggest the current analytical data ( including and... Research firm focusing on stock research, analysis and recommendations adapt to our needs. And June 30, 2022, December 31, 2021 and June 30 2022...

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southern copper corporation investor relations