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SCCO

61.97USD+0.51(+0.83%)Delayed

Southern Copper Corp

Market Summary

USD61.97+0.51Delayed
0.83%

SCCO Alerts

SCCO Stock Price

RSI Chart

Valuation

Market Cap

36.4B

Price/Earnings

12.43

Price/Sales

3.44

Price/Cashflow

10.18

MarketCap/EBT

7.31

Price/Sales

Profitability

Operating Margin

59.63%

EBT Margin

47.10%

Return on Equity

38.41%

Return on Assets

17.11%

Fundamentals

Revenue

Revenue (TTM)

10.1B

Revenue Y/Y

-19.55%

Revenue Q/Q

-6.5%

Earnings

Earnings (TTM)

2.9B

Earnings Y/Y

-53.63%

Earnings Q/Q

-44.88%

Price Action

52 Week Range

42.0275.58
(Low)(High)

Last 7 days

5.4%

Last 30 days

30.4%

Last 90 days

36.9%

Trailing 12 Months

12.5%

Financial Health

Current Ratio

3.29

Investor Care

Dividend Yield

8.92%

Dividend/Share (TTM)

4

Shares Dilution (1Y)

0.00%

Diluted EPS (TTM)

3.32

Peers (Alternatives to Southern Copper)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.0B
23.2B
29.70% 10.31%
7.64
1.9
9.49% 68.52%
36.4B
10.1B
30.36% 12.48%
12.43
3.44
-3.92% 4.47%
35.3B
43.2B
19.79% 45.14%
3.9
0.82
37.52% 72.87%
34.0B
12.1B
23.12% -6.32%
42.95
2.75
-0.88% -50.79%
16.7B
22.7B
18.61% 86.27%
3.77
0.73
44.88% 204.22%
MID-CAP
7.1B
13.1B
33.41% 13.26%
-59.21
0.54
17.17% -114.69%
6.9B
23.3B
34.15% -18.43%
2.84
0.3
34.21% 13.11%
4.9B
22.3B
39.82% 21.90%
1.42
0.22
29.82% 8.40%
2.5B
709.2M
32.41% 10.52%
1.7K
3.34
-12.59% -171.54%
SMALL-CAP
1.5B
-
37.30% -7.70%
-32.75
21.5
- -23.06%
1.1B
783.4M
-3.33% -33.59%
-7.95
1.33
-8.19% -1488.99%
84.1M
557.5K
3.60% -39.72%
-18.36
147.21
-7.40% 53.67%
82.0M
751.0K
10.38% -62.75%
-3.59
109.15
-23.76% -59.20%
36.9M
140.0K
20.45% 37.55%
-10.94
225.11
-34.73% -53.52%
14.8M
402.4K
22.89% -47.16%
-1.91
35.08
57.94% -21.08%

Financials for Southern Copper

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-5.0%10,05110,57511,16510,93410,461
Cost Of Revenue4.9%4,4804,2704,0083,8943,905
  S&GA Expenses-0.9%124125125125125
Earnings Before Taxes-13.4%4,3124,9815,8295,6975,241
Net Income-14.6%2,9303,4323,4113,167
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.2%17,08317,12217,89918,29818,110
  Current Assets-0.2%4,9594,9695,7696,1405,891
    Cash Equivalents3.4%2,1852,1132,8473,0022,584
  Inventory-1.7%1,0531,0721,030973913
  Net PPE0.3%9,5559,5229,4939,4649,476
  Current Liabilities-1.6%1,4851,5081,7262,2501,789
    LT Debt, Current0.0%300300300300-
    LT Debt, Non Current0.0%6,2506,2506,2496,2486,547
Shareholder's Equity0.0%7,6287,6278,1618,1498,096
  Retained Earnings-0.8%7,1877,2477,7817,7707,710
  Additional Paid-In Capital0.1%3,4733,4683,4543,460-
Shares Outstanding0%773773773--
Minority Interest2.3%6160605957
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-17.6%2,9483,5794,3314,2924,160
Cashflow From Investing58.6%-231.90-560.50-860.00-972.90-1,530.30
Cashflow From Financing3.6%-3,098.40-3,215.70-2,789.80-2,480.20-2,093.20
  Dividend Payments15.3%3,2082,7832,4742,087

Risks

What is the probability of a big loss on SCCO?

83.1%


Probability that Southern Copper stock will be more than 20% underwater in next one year

46.5%


Probability that Southern Copper stock will be more than 30% underwater in next one year.

31.5%


Probability that Southern Copper stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SCCO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Southern Copper was unfortunately bought at previous high price.

Returns

Cumulative Returns on SCCO

8.8%


10-Year Cumulative Returns

17.0%


7-Year Cumulative Returns

12.9%


5-Year Cumulative Returns

24.7%


3-Year Cumulative Returns

What are the long-term rolling returns for SCCO?

FIve years rolling returns for Southern Copper.

Which funds bought or sold SCCO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
-250,000
-
-%
2022-11-23
Toroso Investments, LLC
ADDED
10.95
-7,000
4,869,000
0.20%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-51.04
-289,000
229,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
-2,000
4,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
57.43
859,000
2,916,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-152,000
2,025,000
-%
2022-11-18
National Pension Service
REDUCED
-4.36
-126,000
778,000
-%
2022-11-17
CENTRAL TRUST Co
REDUCED
-2.47
-22,000
160,000
-%
2022-11-17
M&T Bank Corp
-
-
-58,000
920,000
-%
2022-11-17
VisionPoint Advisory Group, LLC
REDUCED
-7.76
-141,000
807,000
0.39%

1–10 of 42

Latest Funds Activity

Are funds buying SCCO calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SCCO

Southern Copper News

SCCO Fair Value

Southern Copper fair value in different scenarios

The table shows the Fair Value estimates for Southern Copper for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

55.81

-9.94%

76.37

23.24%

105.21

69.78%

133.66

115.69%

190.45

207.33%

Current Inflation

50.97

-17.75%

68.42

10.41%

92.53

49.31%

116.74

88.38%

164.90

166.10%

Very High Inflation

45.02

-27.35%

58.92

-4.92%

77.69

25.37%

97.09

56.67%

135.44

118.56%

Historical Southern Copper Fair Value Estimates


Recent SEC filings of Southern Copper

View All Filings
Date Filed Form Type Document
Oct 31, 2022
10-Q
Quarterly Report
Oct 28, 2022
8-K
Current Report
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading

Latest Insider Trading transactions for SCCO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-26
SACRISTAN CARLOS RUIZ
ACQUIRED
-
-
400
-
2022-10-26
PALOMINO BONILLA LUIS MIGUEL
ACQUIRED
-
-
400
-
2022-10-26
VELASCO GERMAN LARREA MOTA
ACQUIRED
-
-
400
CHAIRMAN OF THE BOARD
2022-10-26
Castillo Sanchez Mejorada Enrique
ACQUIRED
-
-
400
-
2022-10-26
TOPETE XAVIER GARCIA DE QUEVEDO
ACQUIRED
-
-
400
-
2022-10-26
Contreras Lerdo de Tejada Leonardo
ACQUIRED
-
-
400
-
2022-10-26
ARIZTEGUI ANDREVE VICENTE
ACQUIRED
-
-
400
-
2022-08-03
CIFUENTES GILBERTO PEREZALONSO
ACQUIRED
-
-
400
-
2022-08-03
PALOMINO BONILLA LUIS MIGUEL
ACQUIRED
-
-
400
-
2022-08-03
Contreras Lerdo de Tejada Leonardo
ACQUIRED
-
-
400
-

1–10 of 50

Oscar G. Rocha
14700
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.

SCCO Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS    
Net sales (including sales to related parties, see note 5)$ 2,156.9$ 2,680.9$ 7,227.6$ 8,110.4
Operating cost and expenses:    
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below)1,137.9927.53,442.32,856.8
Selling, general and administrative30.231.391.492.9
Depreciation, amortization and depletion192.0203.4597.6599.4
Exploration9.610.930.626.7
Total operating costs and expenses1,369.71,173.14,161.93,575.8
Operating income787.21,507.83,065.74,534.6
Interest expense(96.7)(96.7)(291.8)(290.0)
Capitalized interest12.57.834.622.2
Other income (expense)38.7(1.9)54.4(7.8)
Interest income7.81.516.75.2
Income before income taxes749.51,418.52,879.64,264.2
Income taxes (including royalty taxes, see Note 4)228.5548.61,137.01,703.8
Net income before equity earnings of affiliate521.0869.91,742.62,560.4
Equity earnings (loss) of affiliate, net of income tax(0.1)1.30.314.4
Net income520.9871.21,742.92,574.8
Less: Net income attributable to the non-controlling interest1.93.66.810.6
Net income attributable to SCC$ 519.0$ 867.6$ 1,736.1$ 2,564.2
Per common share amounts attributable to SCC:    
Net earnings-basic$ 0.67$ 1.12$ 2.25$ 3.32
Net earnings-diluted$ 0.67$ 1.12$ 2.25$ 3.32
Weighted average shares outstanding-basic773.1773.1773.1773.1
Weighted average shares outstanding-diluted773.1773.1773.1773.1

SCCO Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 2,184.5$ 3,002.0
Short-term investments0.3486.9
Accounts receivable trade1,065.81,358.7
Accounts receivable other (including related parties 2022- $48.1 and 2021 - $49.1)88.987.9
Inventories1,053.3972.9
Prepaid taxes541.6197.7
Other current assets24.933.5
Total current assets4,959.36,139.6
Property and mine development, net9,554.59,464.4
Ore stockpiles on leach pads1,075.11,097.6
Intangible assets, net137.2138.1
Right-of-use assets869.7916.3
Deferred income tax245.7316.2
Equity method investment115.7115.4
Other non-current assets126.0110.0
Total assets17,083.218,297.6
Current liabilities:  
Current portion of long-term debt300.0299.7
Accounts payable (including related parties 2022- $161.1 and 2021- $103.3)662.6591.9
Accrued income taxes94.7832.6
Accrued workers' participation178.5325.7
Accrued interest131.298.6
Lease liabilities current76.973.9
Other accrued liabilities40.927.6
Total current liabilities1,484.82,250.0
Long-term debt6,250.36,247.9
Lease liabilities792.8842.4
Deferred income taxes132.2118.3
Non-current taxes payable75.4 
Other liabilities and reserves98.968.3
Asset retirement obligation620.8562.9
Total non-current liabilities7,970.47,839.8
Commitments and contingencies (Note 10)
STOCKHOLDERS' EQUITY (NOTE 11)  
Common stock par value $0.01; shares authorized, 2022 and 2021-2,000; shares issued, 2022 and 2021-884.68.88.8
Additional paid-in capital3,477.93,454.1
Retained earnings7,186.57,769.7
Accumulated other comprehensive income(10.1)(9.4)
Treasury stock, at cost, common shares(3,096.3)(3,074.0)
Total Southern Copper Corporation stockholders' equity7,566.88,149.2
Non-controlling interest61.258.6
Total equity7,628.08,207.8
Total liabilities and equity$ 17,083.2$ 18,297.6