Market Summary
USD71.24-0.12
Delayed-0.17%
SCCO Alerts
SCCO Stock Price
SCCO RSI Chart
SCCO Valuation
SCCO Price/Sales (Trailing)
SCCO Profitability
SCCO Fundamentals
SCCO Revenue
SCCO Earnings
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
SCCO Investor Care
Peers (Alternatives to Southern Copper)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SCCO | 55.1B | 10.0B | -3.35% | -3.05% | 20.8 | 5.48 | -8.10% | -22.37% |
FCX | 54.4B | 22.8B | -9.05% | -25.08% | 12.14 | 2.39 | -0.28% | -16.51% |
NUE | 38.5B | 41.5B | -9.07% | -2.40% | 5.06 | 0.93 | 13.78% | 11.42% |
NEM | 38.5B | 11.9B | 9.77% | -37.43% | -89.74 | 3.23 | -2.51% | -136.79% |
STLD | 18.7B | 22.3B | -10.00% | 23.37% | 4.83 | 0.84 | 20.92% | 19.49% |
| MID-CAP | ||||||||
CLF | 8.9B | 23.0B | -12.59% | -46.65% | 6.5 | 0.39 | 37.87% | -4.59% |
AA | 7.1B | 12.5B | -18.17% | -57.57% | -57.66 | 0.57 | 2.46% | -128.67% |
X | 4.9B | 21.1B | -11.94% | -34.12% | 1.42 | 0.22 | 3.90% | -39.53% |
HL | 3.3B | 718.9M | 14.98% | -13.22% | -87.75 | 4.56 | -10.97% | -206.42% |
| SMALL-CAP | ||||||||
NG | 2.0B | - | 6.96% | -22.61% | -37.48 | - | - | -31.59% |
CDE | 975.8M | 785.6M | 5.77% | -31.11% | -12.49 | 1.24 | -5.67% | -149.37% |
THM | 106.4M | 551.2K | 4.65% | -48.59% | -35 | 193.13 | -10.00% | 49.14% |
TMQ | 78.8M | 998.0K | -8.75% | -53.96% | -3.25 | 78.91 | 22.00% | -11.99% |
XPL | 44.0M | 140.0K | -1.16% | -20.00% | -11.8 | 314.59 | -9.82% | -53.52% |
PZG | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.0% | 10,048 | 10,051 | 10,575 | 11,165 | 10,934 |
| Cost Of Revenue | 3.8% | 4,649 | 4,480 | 4,270 | 4,008 | 3,894 |
| S&GA Expenses | 1.1% | 125 | 124 | 125 | 125 | 125 |
| Costs and Expenses | 2.9% | 5,612 | 5,455 | 5,258 | 4,982 | 4,869 |
| EBITDA | -6.4% | 5,424 | 5,797 | 7,011 | 6,883 | - |
| EBITDA Margin | -1.5% | 0.54* | 0.55* | 0.63* | 0.63* | - |
| Earnings Before Taxes | -1.5% | 4,248 | 4,312 | 4,981 | 5,829 | 5,697 |
| EBT Margin | -1.5% | 0.42* | 0.43* | 0.47* | 0.52* | - |
| Interest Expenses | 0% | 380 | 380 | - | - | - |
| Net Income | 2.7% | 2,648 | 2,579 | 2,930 | 3,432 | 3,411 |
| Net Income Margin | 2.7% | 0.26* | 0.26* | 0.28* | 0.31* | - |
| Free Cahsflow | -11.5% | 1,854 | 2,094 | 2,709 | 3,466 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.1% | 17,277 | 17,083 | 17,122 | 17,899 | 18,298 |
| Current Assets | 4.6% | 5,188 | 4,959 | 4,969 | 5,769 | 6,140 |
| Cash Equivalents | -5.3% | 2,070 | 2,185 | 2,113 | 2,847 | 3,002 |
| Inventory | -3.7% | 1,014 | 1,053 | 1,072 | 1,030 | 973 |
| Net PPE | 0.4% | 9,597 | 9,555 | 9,522 | 9,493 | 9,464 |
| Current Liabilities | -16.8% | 1,236 | 1,485 | 1,508 | 1,726 | 2,250 |
| LT Debt, Current | 0.0% | 300 | 300 | 300 | 300 | - |
| LT Debt, Non Current | 0.0% | 6,251 | 6,250 | 6,250 | 6,249 | 6,248 |
| Shareholder's Equity | 6.8% | 8,084 | 7,567 | 7,687 | 8,221 | 8,149 |
| Retained Earnings | 7.2% | 7,702 | 7,187 | 7,247 | 7,781 | 7,770 |
| Additional Paid-In Capital | 0.3% | 3,490 | 3,478 | 3,473 | 3,468 | 3,454 |
| Shares Outstanding | 0% | 773 | 773 | 773 | - | - |
| Minority Interest | 2.5% | 63.00 | 61.00 | 60.00 | 60.00 | 59.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -4.9% | 2,803 | 2,948 | 3,579 | 4,331 | 4,292 |
| Cashflow From Investing | -187.5% | -666 | -231 | -560 | -860 | -972 |
| Cashflow From Financing | 2.8% | -3,011 | -3,098 | -3,215 | -2,789 | -2,480 |
| Dividend Payments | -12.5% | 2,706 | 3,092 | 3,208 | 2,783 | 2,474 |
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 ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SCCO Alerts
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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 | - |
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
2022-12-31CONSOLIDATED 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) | 4,649.1 | 3,894.4 | 3,929.8 |
| Selling, general and administrative | 125.0 | 125.2 | 126.2 |
| Depreciation, amortization and depletion | 796.3 | 806.0 | 775.6 |
| Exploration | 41.7 | 43.4 | 32.6 |
| Total operating costs and expenses | 5,612.1 | 4,869.0 | 4,864.2 |
| Operating income | 4,435.8 | 6,065.1 | 3,120.7 |
| Interest expense | (387.1) | (387.9) | (393.4) |
| Capitalized interest | 47.0 | 30.8 | 26.8 |
| Other income (expense) | 117.1 | (18.4) | (27.5) |
| Interest income | 35.0 | 7.2 | 19.2 |
| Income before income taxes | 4,247.8 | 5,696.8 | 2,745.8 |
| Income taxes (including royalty taxes, see Note 7) | 1,477.5 | 2,425.5 | 1,237.9 |
| Deferred income taxes | 118.6 | (126.3) | (63.5) |
| Net income before equity earnings of affiliate | 2,651.7 | 3,397.6 | 1,571.4 |
| Equity earnings of affiliate, net of income tax | (3.7) | 13.6 | 6.4 |
| Net income | 2,648.0 | 3,411.2 | 1,577.8 |
| Less: Net income attributable to the non-controlling interest | 9.5 | 14.1 | 7.4 |
| 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-basic | 773.1 | 773.1 | 773.1 |
| Weighted average shares outstanding-diluted | 773.1 | 773.1 | 773.1 |
SCCO Balance Sheet
2022-12-31CONSOLIDATED 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 investments | 208.3 | 486.9 |
| Accounts receivable trade | 1,394.1 | 1,358.7 |
| Accounts receivable other (including related parties 2022- $33.3 and 2021 - $49.1 | 79.7 | 87.9 |
| Inventories | 1,013.9 | 972.9 |
| Prepaid taxes | 377.6 | 197.7 |
| Other current assets | 44.4 | 33.5 |
| Total current assets | 5,187.7 | 6,139.6 |
| Property and mine development, net | 9,596.6 | 9,464.4 |
| Ore stockpiles on leach pads | 1,064.3 | 1,097.6 |
| Intangible assets, net | 134.7 | 138.1 |
| Right-of-use assets | 851.4 | 916.3 |
| Deferred income tax | 237.3 | 316.2 |
| Equity method investment | 110.8 | 115.4 |
| Other non-current assets | 94.6 | 110.0 |
| Total assets | 17,277.4 | 18,297.6 |
| Current liabilities: | ||
| Current portion of long-term debt | 299.7 | |
| Accounts payable (including related parties 2022 - $120.2 and 2021 - $103.3 | 657.6 | 591.9 |
| Accrued income taxes | 138.1 | 832.6 |
| Accrued workers' participation | 236.3 | 325.7 |
| Accrued interest | 97.1 | 98.6 |
| Lease liabilities current | 77.3 | 73.9 |
| Other accrued liabilities | 29.3 | 27.6 |
| Total current liabilities | 1,235.7 | 2,250.0 |
| Long-term debt, net of current portion | 6,251.2 | 6,247.9 |
| Lease liabilities | 774.1 | 842.4 |
| Deferred income taxes | 161.2 | 118.3 |
| Non-current taxes payable | 40.6 | |
| Other liabilities and reserves | 82.4 | 68.3 |
| Asset retirement obligation | 585.3 | 562.9 |
| Total non-current liabilities | 7,894.8 | 7,839.8 |
| 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 2021-884.6 | 8.8 | 8.8 |
| Additional paid-in capital | 3,489.7 | 3,454.1 |
| Retained earnings | 7,702.3 | 7,769.7 |
| 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' equity | 8,084.2 | 8,149.2 |
| Non-controlling interest | 62.7 | 58.6 |
| Total equity | 8,146.9 | 8,207.8 |
| Total liabilities and equity | $ 17,277.4 | $ 18,297.6 |