Grufity logoGrufity logo

Southern Copper Corp Stock Research

SCCO

71.24USD-0.12(-0.17%)Delayed

Market Summary

USD71.24-0.12
Delayed
-0.17%

SCCO Alerts

SCCO Stock Price

SCCO RSI Chart

SCCO Valuation

Market Cap

55.1B

Price/Earnings (Trailing)

20.8

Price/Sales (Trailing)

5.48

EV/EBITDA

9.77

Price/Free Cashflow

29.71

SCCO Price/Sales (Trailing)

SCCO Profitability

Operating Margin

53.73%

EBT Margin

42.28%

Return on Equity

32.76%

Return on Assets

15.33%

Free Cashflow Yield

3.37%

SCCO Fundamentals

SCCO Revenue

Revenue (TTM)

10.0B

Revenue Y/Y

-0.12%

Revenue Q/Q

30.76%

SCCO Earnings

Earnings (TTM)

2.6B

Earnings Y/Y

8.21%

Earnings Q/Q

73.76%

Price Action

52 Week Range

42.0278.76
(Low)(High)

Last 7 days

4.0%

Last 30 days

-3.3%

Last 90 days

16.7%

Trailing 12 Months

-3.0%

SCCO Financial Health

Current Ratio

4.2

SCCO Investor Care

Dividend Yield

4.91%

Dividend/Share (TTM)

3.5

Diluted EPS (TTM)

3.41

Peers (Alternatives to Southern Copper)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.1B
10.0B
-3.35% -3.05%
20.8
5.48
-8.10% -22.37%
54.4B
22.8B
-9.05% -25.08%
12.14
2.39
-0.28% -16.51%
38.5B
41.5B
-9.07% -2.40%
5.06
0.93
13.78% 11.42%
38.5B
11.9B
9.77% -37.43%
-89.74
3.23
-2.51% -136.79%
18.7B
22.3B
-10.00% 23.37%
4.83
0.84
20.92% 19.49%
MID-CAP
8.9B
23.0B
-12.59% -46.65%
6.5
0.39
37.87% -4.59%
7.1B
12.5B
-18.17% -57.57%
-57.66
0.57
2.46% -128.67%
4.9B
21.1B
-11.94% -34.12%
1.42
0.22
3.90% -39.53%
3.3B
718.9M
14.98% -13.22%
-87.75
4.56
-10.97% -206.42%
SMALL-CAP
2.0B
-
6.96% -22.61%
-37.48
-
- -31.59%
975.8M
785.6M
5.77% -31.11%
-12.49
1.24
-5.67% -149.37%
106.4M
551.2K
4.65% -48.59%
-35
193.13
-10.00% 49.14%
78.8M
998.0K
-8.75% -53.96%
-3.25
78.91
22.00% -11.99%
44.0M
140.0K
-1.16% -20.00%
-11.8
314.59
-9.82% -53.52%
15.6M
283.1K
5.67% -59.04%
-2.41
55.19
2019.51% 12.40%

Financials for Southern Copper

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.0%10,04810,05110,57511,16510,934
Cost Of Revenue3.8%4,6494,4804,2704,0083,894
  S&GA Expenses1.1%125124125125125
Costs and Expenses2.9%5,6125,4555,2584,9824,869
EBITDA-6.4%5,4245,7977,0116,883-
EBITDA Margin-1.5%0.54*0.55*0.63*0.63*-
Earnings Before Taxes-1.5%4,2484,3124,9815,8295,697
EBT Margin-1.5%0.42*0.43*0.47*0.52*-
Interest Expenses0%380380---
Net Income2.7%2,6482,5792,9303,4323,411
Net Income Margin2.7%0.26*0.26*0.28*0.31*-
Free Cahsflow-11.5%1,8542,0942,7093,466-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.1%17,27717,08317,12217,89918,298
  Current Assets4.6%5,1884,9594,9695,7696,140
    Cash Equivalents-5.3%2,0702,1852,1132,8473,002
  Inventory-3.7%1,0141,0531,0721,030973
  Net PPE0.4%9,5979,5559,5229,4939,464
  Current Liabilities-16.8%1,2361,4851,5081,7262,250
    LT Debt, Current0.0%300300300300-
    LT Debt, Non Current0.0%6,2516,2506,2506,2496,248
Shareholder's Equity6.8%8,0847,5677,6878,2218,149
  Retained Earnings7.2%7,7027,1877,2477,7817,770
  Additional Paid-In Capital0.3%3,4903,4783,4733,4683,454
Shares Outstanding0%773773773--
Minority Interest2.5%63.0061.0060.0060.0059.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-4.9%2,8032,9483,5794,3314,292
Cashflow From Investing-187.5%-666-231-560-860-972
Cashflow From Financing2.8%-3,011-3,098-3,215-2,789-2,480
  Dividend Payments-12.5%2,7063,0923,2082,7832,474

Risks for SCCO

What is the probability of a big loss on SCCO?

89.2%


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

52.7%


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

37.7%


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.

Drawdowns

Returns for SCCO

Cumulative Returns on SCCO

10.2%


10-Year Cumulative Returns

18.6%


7-Year Cumulative Returns

10.9%


5-Year Cumulative Returns

45.3%


3-Year Cumulative Returns

What are the long-term rolling returns for SCCO?

FIve years rolling returns for Southern Copper.

Annualized Returns

Which funds bought or sold SCCO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
25.64
156,835
385,835
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
0.71
527,122
2,007,120
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-32.15
-6,000
58,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
24,156
24,156
-%
2023-02-28
Voya Investment Management LLC
added
0.5
358,786
1,372,790
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-94.23
-2,689,600
226,402
-%
2023-02-24
NATIXIS
added
55.39
11,880,300
23,077,300
0.13%
2023-02-24
National Pension Service
added
4.94
322,475
1,100,430
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-90.54
-8,721
1,279
-%
2023-02-22
Kovack Advisors, Inc.
added
7.33
101,314
327,314
0.05%

1–10 of 44

Latest Funds Activity

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

Southern Copper News

Seeking Alpha

Antofagasta (ANFGF): Chilean Copper Miner Facing Domestic ....

Seeking Alpha,
12 hours ago

InvestorsObserver

InvestorsObserver

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

-21.66%

76.37

7.20%

105.21

47.68%

133.66

87.62%

190.45

167.34%
Current Inflation

38.94

-45.34%

47.90

-32.76%

67.27

-5.57%

93.15

30.76%

110.17

54.65%
Very High Inflation

45.02

-36.81%

58.92

-17.29%

77.69

9.05%

97.09

36.29%

135.44

90.12%

Historical Southern Copper Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Southern Copper

View All Filings
Date Filed Form Type Document
Mar 01, 2023
10-K/A
Annual Report
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
10-K
Annual Report

Latest Insider Trading transactions for SCCO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-24
VELASCO GERMAN LARREA MOTA
acquired
-
-
400
chairman of the board
2023-02-24
PALOMINO BONILLA LUIS MIGUEL
acquired
-
-
400
-
2023-02-24
SACRISTAN CARLOS RUIZ
acquired
-
-
400
-
2023-02-24
TOPETE XAVIER GARCIA DE QUEVEDO
acquired
-
-
400
-
2023-02-24
Castillo Sanchez Mejorada Enrique
acquired
-
-
400
-
2023-02-24
CIFUENTES GILBERTO PEREZALONSO
acquired
-
-
400
-
2023-02-24
Contreras Lerdo de Tejada Leonardo
acquired
-
-
400
-
2023-02-24
ARIZTEGUI ANDREVE VICENTE
acquired
-
-
400
-
2023-02-16
ARIZTEGUI ANDREVE VICENTE
sold
-114,161
76.1076
-1,500
-
2022-10-26
PALOMINO BONILLA LUIS MIGUEL
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

2022-12-31
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF EARNINGS   
Net sales (including sales to related parties, see note 18)$ 10,047.9$ 10,934.1$ 7,984.9
Operating cost and expenses:   
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below)4,649.13,894.43,929.8
Selling, general and administrative125.0125.2126.2
Depreciation, amortization and depletion796.3806.0775.6
Exploration41.743.432.6
Total operating costs and expenses5,612.14,869.04,864.2
Operating income4,435.86,065.13,120.7
Interest expense(387.1)(387.9)(393.4)
Capitalized interest47.030.826.8
Other income (expense)117.1(18.4)(27.5)
Interest income35.07.219.2
Income before income taxes4,247.85,696.82,745.8
Income taxes (including royalty taxes, see Note 7)1,477.52,425.51,237.9
Deferred income taxes118.6(126.3)(63.5)
Net income before equity earnings of affiliate2,651.73,397.61,571.4
Equity earnings of affiliate, net of income tax(3.7)13.66.4
Net income2,648.03,411.21,577.8
Less: Net income attributable to the non-controlling interest9.514.17.4
Net income attributable to SCC$ 2,638.5$ 3,397.1$ 1,570.4
Per common share amounts attributable to SCC:   
Net earnings-basic$ 3.41$ 4.39$ 2.03
Net earnings-diluted$ 3.41$ 4.39$ 2.03
Weighted average shares outstanding-basic773.1773.1773.1
Weighted average shares outstanding-diluted773.1773.1773.1

SCCO Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 2,069.7$ 3,002.0
Short-term investments208.3486.9
Accounts receivable trade1,394.11,358.7
Accounts receivable other (including related parties 2022- $33.3 and 2021 - $49.179.787.9
Inventories1,013.9972.9
Prepaid taxes377.6197.7
Other current assets44.433.5
Total current assets5,187.76,139.6
Property and mine development, net9,596.69,464.4
Ore stockpiles on leach pads1,064.31,097.6
Intangible assets, net134.7138.1
Right-of-use assets851.4916.3
Deferred income tax237.3316.2
Equity method investment110.8115.4
Other non-current assets94.6110.0
Total assets17,277.418,297.6
Current liabilities:  
Current portion of long-term debt 299.7
Accounts payable (including related parties 2022 - $120.2 and 2021 - $103.3657.6591.9
Accrued income taxes138.1832.6
Accrued workers' participation236.3325.7
Accrued interest97.198.6
Lease liabilities current77.373.9
Other accrued liabilities29.327.6
Total current liabilities1,235.72,250.0
Long-term debt, net of current portion6,251.26,247.9
Lease liabilities774.1842.4
Deferred income taxes161.2118.3
Non-current taxes payable40.6 
Other liabilities and reserves82.468.3
Asset retirement obligation585.3562.9
Total non-current liabilities7,894.87,839.8
Commitments and contingencies (Note 13)
STOCKHOLDERS' EQUITY (NOTE 14)  
Common stock par value $0.01; shares authorized, 2022 and 2021-2,000; shares issued, 2022 and 2021-884.68.88.8
Additional paid-in capital3,489.73,454.1
Retained earnings7,702.37,769.7
Accumulated other comprehensive income(9.0)(9.4)
Treasury stock, at cost, common shares(3,107.6)(3,074.0)
Total Southern Copper Corporation stockholders' equity8,084.28,149.2
Non-controlling interest62.758.6
Total equity8,146.98,207.8
Total liabilities and equity$ 17,277.4$ 18,297.6