Last 7 days
-6.3%
Last 30 days
-8.2%
Last 90 days
4.9%
Trailing 12 Months
65.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-14 | Castillo Sanchez Mejorada Enrique | sold | -195,744 | 81.56 | -2,400 | - |
2023-07-31 | PALOMINO BONILLA LUIS MIGUEL | sold | -43,555 | 87.11 | -500 | - |
2023-07-27 | PALOMINO BONILLA LUIS MIGUEL | acquired | - | - | 400 | - |
2023-07-27 | SACRISTAN CARLOS RUIZ | acquired | - | - | 400 | - |
2023-07-27 | Contreras Lerdo de Tejada Leonardo | acquired | - | - | 400 | - |
2023-07-27 | ARIZTEGUI ANDREVE VICENTE | acquired | - | - | 400 | - |
2023-07-27 | VELASCO GERMAN LARREA MOTA | acquired | - | - | 400 | chairman of the board |
2023-07-27 | Castillo Sanchez Mejorada Enrique | acquired | - | - | 400 | - |
2023-07-27 | CIFUENTES GILBERTO PEREZALONSO | acquired | - | - | 400 | - |
2023-07-27 | TOPETE XAVIER GARCIA DE QUEVEDO | acquired | - | - | 400 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -133 | 2,782 | -% |
2023-09-20 | BARCLAYS PLC | added | 18.12 | 232,000 | 2,313,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 9.76 | 102 | 3,228 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | -4,646 | 73,892 | 0.02% |
2023-08-30 | CHAPIN DAVIS, INC. | new | - | 277,567 | 277,567 | 0.13% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 2,957 | 31,664 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 274 | 1,283,140 | 1,792,570 | 0.02% |
2023-08-24 | ProVise Management Group, LLC | added | 23.22 | 36,934 | 268,810 | 0.02% |
2023-08-24 | Arlington Capital Management, Inc. | added | 2.23 | -58,334 | 1,467,920 | 1.27% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -90.00 | 1,435 | -% |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 16, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 01, 2023 | 4 | Insider Trading | |
Aug 01, 2023 | 10-Q | Quarterly Report | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SCCO | 57.6B | 10.1B | -8.22% | 65.55% | 20.63 | 5.72 | -4.76% | -4.71% |
FCX | 53.3B | 21.9B | -5.37% | 31.72% | 16.08 | 2.44 | -9.80% | -44.93% |
NUE | 38.8B | 37.5B | -8.31% | 40.68% | 7 | 1.04 | -12.82% | -38.59% |
NEM | 32.2B | 11.2B | 3.96% | -4.14% | -42.46 | 2.87 | -9.46% | -195.71% |
STLD | 17.4B | 20.5B | -1.74% | 39.33% | 5.76 | 0.85 | -7.79% | -31.70% |
MID-CAP | ||||||||
CLF | 7.6B | 22.0B | -4.68% | 2.55% | 27.51 | 0.34 | -9.91% | -92.35% |
AA | 6.5B | 10.9B | -1.60% | -24.11% | -9.33 | 0.55 | -18.81% | -240.88% |
HL | 2.4B | 718.8M | -9.75% | 0.47% | -51.71 | 3.37 | -4.97% | -3169.79% |
X | - | 19.0B | 2.17% | 64.05% | - | - | -17.70% | -72.82% |
SMALL-CAP | ||||||||
NG | 1.7B | - | 4.57% | -2.03% | -31.4 | - | - | -14.17% |
CDE | 850.9M | 757.6M | -11.67% | -24.33% | -13.02 | 1.12 | -6.28% | 51.69% |
THM | 74.0M | 478.3K | -6.60% | -24.02% | -23.89 | 154.8 | -16.24% | 32.32% |
TMQ | 71.1M | 1.3M | -4.08% | -22.40% | -3.09 | 53.92 | 75.63% | -0.91% |
PZG | 13.8M | - | -5.86% | -9.71% | -2.03 | 50.34 | 2360.48% | 8.26% |
XPL | 37.6M | - | -5.51% | 5.45% | -11.97 | 302.56 | - | 6.90% |
13.5%
20.6%
16.0%
22.9%
88.5%
56.1%
37.7%
Y-axis is the maximum loss one would have experienced if Southern Copper was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -0.1% | 10,072 | 10,078 | 10,048 | 10,051 | 10,575 | 11,165 | 10,934 | 10,461 | 9,909 | 8,798 | 7,985 | 7,489 | 7,219 | 7,252 | 7,286 | 7,126 | 7,020 | 7,039 | 7,126 | 7,296 | 7,219 |
Cost Of Revenue | -2.1% | 4,687 | 4,786 | 4,649 | 4,480 | 4,270 | 4,008 | 3,894 | 3,905 | 3,927 | 3,918 | 3,930 | 3,870 | 3,828 | 3,718 | 3,606 | 3,475 | 3,392 | 3,377 | 3,409 | 3,375 | 3,332 |
Costs and Expenses | -1.7% | 5,660 | 5,759 | 5,612 | 5,455 | 5,258 | 4,982 | 4,869 | 4,860 | 4,872 | 4,859 | 4,864 | 4,803 | 4,763 | 4,659 | 4,533 | 4,381 | 4,262 | 4,207 | 4,216 | 4,179 | 4,136 |
S&GA Expenses | 0.1% | 125 | 125 | 125 | 124 | 125 | 125 | 125 | 125 | 127 | 127 | 126 | 134 | 133 | 132 | 132 | 117 | 112 | 107 | 103 | 101 | 100 |
EBITDA | -100.0% | - | 5,336 | 5,424 | - | 5,797 | 7,011 | 6,883 | - | - | 4,742 | 3,905 | 3,408 | 3,197 | 3,371 | 3,548 | 3,569 | 3,535 | 3,561 | - | - | - |
EBITDA Margin | -100.0% | - | 0.53* | 0.54* | - | 0.55* | 0.63* | 0.63* | - | - | 0.54* | 0.49* | 0.46* | 0.44* | 0.46* | 0.49* | 0.50* | 0.51* | 0.51* | - | - | - |
Interest Expenses | - | - | - | 380 | - | - | - | 380 | - | - | - | 384 | - | - | - | 357 | - | - | - | 357 | - | - |
Earnings Before Taxes | 2.8% | 4,268 | 4,152 | 4,248 | 4,312 | 4,981 | 5,829 | 5,697 | 5,241 | 4,666 | 3,576 | 2,746 | 2,285 | 2,070 | 2,239 | 2,427 | 2,453 | 2,448 | 2,510 | 2,589 | 2,791 | 2,783 |
EBT Margin | -100.0% | - | 0.41* | 0.42* | 0.43* | 0.47* | 0.52* | 0.52* | 0.50* | 0.47* | 0.41* | 0.34* | 0.31* | 0.29* | 0.31* | 0.33* | - | - | - | - | - | - |
Net Income | 4.3% | 2,792 | 2,676 | 2,648 | 2,579 | 2,930 | 3,432 | 3,411 | 3,167 | 2,804 | 2,129 | 1,578 | 1,292 | 1,175 | 1,319 | 1,492 | 1,479 | 1,459 | 1,466 | 1,548 | 968 | 1,000 |
Net Income Margin | -100.0% | - | 0.27* | 0.26* | 0.26* | 0.28* | 0.31* | 0.31* | 0.30* | 0.28* | 0.24* | 0.20* | 0.17* | 0.16* | 0.18* | 0.20* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,186 | 1,854 | 2,094 | 2,709 | 3,466 | 3,400 | 3,221 | 2,903 | 2,367 | 2,191 | 1,709 | 1,453 | 1,380 | 1,204 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -2.2% | 16,940 | 17,323 | 17,277 | 17,083 | 17,122 | 17,899 | 18,298 | 18,110 | 17,695 | 17,218 | 16,947 | 16,248 | 15,805 | 16,212 | 16,407 | 16,494 | 15,345 | 15,543 | 14,288 | 14,317 | 14,046 |
Current Assets | -8.2% | 4,770 | 5,198 | 5,188 | 4,959 | 4,969 | 5,769 | 6,140 | 5,891 | 5,512 | 5,036 | 4,815 | 4,338 | 3,860 | 4,140 | 4,185 | 4,178 | 3,098 | 3,182 | 3,180 | 3,273 | 3,170 |
Cash Equivalents | -4.4% | 2,199 | 2,300 | 2,070 | 2,185 | 2,113 | 2,847 | 3,002 | 2,584 | 2,394 | 2,267 | 2,184 | 2,145 | 1,809 | 2,052 | 1,925 | 1,935 | 752 | 737 | 845 | 967 | 1,033 |
Inventory | 0.4% | 985 | 982 | 1,014 | 1,053 | 1,072 | 1,030 | 973 | 913 | 894 | 881 | 950 | 977 | 980 | 1,079 | 1,069 | 1,062 | 1,069 | 1,036 | 1,033 | 1,008 | 1,004 |
Net PPE | 0.8% | 9,688 | 9,614 | 9,597 | 9,555 | 9,522 | 9,493 | 9,464 | 9,476 | 9,456 | 9,454 | 9,459 | 9,145 | 9,197 | 9,289 | 9,371 | 9,395 | 9,415 | 9,384 | 9,404 | 9,312 | 9,173 |
Current Liabilities | -15.0% | 1,061 | 1,247 | 1,236 | 1,485 | 1,508 | 1,726 | 2,250 | 1,789 | 1,452 | 1,375 | 1,385 | 1,162 | 892 | 1,387 | 1,477 | 1,432 | 1,385 | 1,123 | 1,216 | 1,208 | 1,006 |
LT Debt, Current | - | - | - | - | 300 | 300 | 300 | 300 | - | - | - | - | - | - | 400 | 400 | 400 | 400 | - | - | - | - |
LT Debt, Non Current | 0.0% | 6,253 | 6,252 | 6,251 | 6,250 | 6,250 | 6,249 | 6,248 | 6,547 | 6,546 | 6,545 | 6,544 | 6,543 | 6,543 | 6,542 | 6,541 | 6,540 | 5,562 | 5,961 | 5,960 | 5,959 | 5,959 |
Shareholder's Equity | -3.5% | 7,900 | 8,188 | 8,084 | 7,567 | 7,687 | 8,221 | 8,208 | 8,153 | 7,973 | 7,578 | 7,276 | 7,069 | 6,870 | 6,763 | 6,858 | 6,870 | 6,789 | 6,693 | 6,613 | 6,631 | 6,569 |
Retained Earnings | -2.9% | 7,517 | 7,742 | 7,702 | 7,187 | 7,247 | 7,781 | 7,770 | 7,710 | 7,538 | 7,146 | 6,846 | 6,643 | 6,446 | 6,341 | 6,436 | 6,439 | 6,359 | 6,266 | 6,187 | 6,203 | 6,143 |
Additional Paid-In Capital | 0.5% | 3,515 | 3,498 | 3,490 | 3,478 | 3,473 | 3,468 | 3,454 | 3,460 | 3,455 | 3,440 | 3,442 | 3,426 | 3,418 | 3,411 | 3,425 | 3,416 | 3,408 | 3,400 | 3,394 | 3,392 | 3,383 |
Shares Outstanding | 0% | 773 | 773 | - | 773 | 773 | 773 | - | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 | 773 |
Minority Interest | -0.9% | 63.00 | 64.00 | 63.00 | 61.00 | 60.00 | 60.00 | 59.00 | 57.00 | 55.00 | 53.00 | 51.00 | 50.00 | 48.00 | 47.00 | 48.00 | 49.00 | 48.00 | 46.00 | 45.00 | 44.00 | 43.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 15.4% | 3,654 | 3,167 | 2,803 | 2,948 | 3,579 | 4,331 | 4,292 | 4,160 | 3,733 | 3,091 | 2,784 | 2,229 | 2,021 | 2,016 | 1,912 | 1,817 | 1,964 | 1,957 | 2,235 | 2,485 | 2,189 |
Cashflow From Investing | -7.2% | -763 | -712 | -666 | -231 | -560 | -860 | -972 | -1,530 | -1,349 | -1,092 | -915 | -547 | -479 | -461 | -574 | -590 | -992 | -1,167 | -1,296 | -1,360 | -1,095 |
Cashflow From Financing | 6.4% | -2,818 | -3,010 | -3,011 | -3,098 | -3,215 | -2,789 | -2,480 | -2,093 | -1,704 | -1,717 | -1,563 | -1,486 | -510 | -264 | -262 | -260 | -1,237 | -1,159 | -1,083 | -967 | -766 |
Dividend Payments | -7.1% | 2,513 | 2,706 | 2,706 | 3,092 | 3,208 | 2,783 | 2,474 | 2,087 | 1,701 | 1,314 | 1,160 | 1,082 | 1,082 | 1,237 | 1,237 | 1,237 | 1,237 | 1,160 | 1,082 | 966 | 765 |
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS | ||||
Net sales (including sales to related parties, see note 5) | $ 2,300.7 | $ 2,306.9 | $ 5,094.6 | $ 5,070.7 |
Operating cost and expenses: | ||||
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) | 1,147.7 | 1,246.7 | 2,341.9 | 2,304.4 |
Selling, general and administrative | 31.0 | 30.9 | 61.4 | 61.2 |
Depreciation, amortization and depletion | 209.2 | 209.0 | 412.9 | 405.6 |
Exploration | 12.1 | 11.8 | 24.0 | 20.9 |
Total operating costs and expenses | 1,400.0 | 1,498.4 | 2,840.2 | 2,792.1 |
Operating income | 900.7 | 808.5 | 2,254.4 | 2,278.6 |
Interest expense | (94.0) | (96.6) | (188.2) | (195.1) |
Capitalized interest | 12.4 | 11.4 | 23.9 | 22.1 |
Other income | 5.6 | 3.9 | 16.1 | 15.7 |
Interest income | 23.2 | 4.3 | 44.5 | 8.9 |
Income before income taxes | 847.9 | 731.5 | 2,150.7 | 2,130.2 |
Income taxes (including royalty taxes, see Note 4) | 294.5 | 296.4 | 774.9 | 908.5 |
Net income before equity earnings of affiliate | 553.4 | 435.1 | 1,375.8 | 1,221.7 |
Equity (loss) earnings of affiliate, net of income tax | (3.8) | (0.9) | (10.2) | 0.4 |
Net income | 549.6 | 434.2 | 1,365.6 | 1,222.1 |
Less: Net income attributable to the non-controlling interest | 2.1 | 1.9 | 4.9 | 5.0 |
Net income attributable to SCC | $ 547.5 | $ 432.3 | $ 1,360.7 | $ 1,217.1 |
Per common share amounts attributable to SCC: | ||||
Net earnings-basic | $ 0.71 | $ 0.56 | $ 1.76 | $ 1.57 |
Net earnings-diluted | $ 0.71 | $ 0.56 | $ 1.76 | $ 1.57 |
Weighted average shares outstanding-basic | 773.1 | 773.1 | 773.1 | 773.1 |
Weighted average shares outstanding-diluted | 773.1 | 773.1 | 773.1 | 773.1 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2,199.0 | $ 2,069.7 |
Short-term investments | 0.3 | 208.3 |
Accounts receivable trade | 1,067.9 | 1,394.1 |
Accounts receivable other (including related parties 2023- $21.4 and 2022 - $33.3) | 89.4 | 79.7 |
Inventories | 985.3 | 1,013.9 |
Prepaid taxes | 386.2 | 377.6 |
Other current assets | 41.5 | 44.4 |
Total current assets | 4,769.6 | 5,187.7 |
Property and mine development, net | 9,688.1 | 9,596.6 |
Ore stockpiles on leach pads | 1,077.4 | 1,064.3 |
Intangible assets, net | 132.4 | 134.7 |
Right-of-use assets | 813.6 | 851.4 |
Deferred income tax | 235.7 | 237.3 |
Equity method investment | 100.2 | 110.8 |
Other non-current assets | 122.5 | 94.6 |
Total assets | 16,939.5 | 17,277.4 |
Current liabilities: | ||
Accounts payable (including related parties 2023- $129.7 and 2022- $120.2) | 610.1 | 657.6 |
Accrued income taxes | 85.0 | 138.1 |
Accrued workers' participation | 140.2 | 236.3 |
Accrued interest | 97.1 | 97.1 |
Lease liabilities current | 74.9 | 77.3 |
Other accrued liabilities | 53.3 | 29.3 |
Total current liabilities | 1,060.6 | 1,235.7 |
Long-term debt | 6,252.9 | 6,251.2 |
Lease liabilities | 738.7 | 774.1 |
Deferred income taxes | 191.1 | 161.2 |
Non-current taxes payable | 52.0 | 40.6 |
Other liabilities and reserves | 83.7 | 82.4 |
Asset retirement obligation | 597.9 | 585.3 |
Total non-current liabilities | 7,916.3 | 7,894.8 |
Commitments and contingencies (Note 10) | ||
STOCKHOLDERS' EQUITY (NOTE 11) | ||
Common stock par value $0.01; shares authorized, 2023 and 2022-2,000; shares issued, 2023 and 2022-884.6 | 8.8 | 8.8 |
Additional paid-in capital | 3,514.8 | 3,489.7 |
Retained earnings | 7,516.8 | 7,702.3 |
Accumulated other comprehensive income | (9.0) | (9.0) |
Treasury stock, at cost, common shares | (3,131.8) | (3,107.6) |
Total Southern Copper Corporation stockholders' equity | 7,899.6 | 8,084.2 |
Non-controlling interest | 63.0 | 62.7 |
Total equity | 7,962.6 | 8,146.9 |
Total liabilities and equity | $ 16,939.5 | $ 17,277.4 |