southern copper corporation investor relations
See the company profile for Southern Copper Corporation (SCCO) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. The Metallurgical Complex in Sonora, where we smelt and refine material mined from the region, was recognized in the ranking of the 10 Best Places to Work for Women. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Sonora: Located 6 kilometers from La Caridad, this project consists of an open-pit mine operation with an annual production capacity of 35,000 tons of copper in concentrate. LME; Molybdenum ? 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. We are a world-class mining-metallurgical company, producer of copper and other valuable byproducts. This measure is also used in our investment project evaluation process to determine a project?s potential contribution to our operations, its competitiveness and its relative strength in different price scenarios. Our strong financial position, low cash cost, operating costs efficiency programs and our significant copper reserve will help us weather both current and eventual circumstances. In that report, analysts expect Southern Copper to post earnings of $0.79 per share. Dun & Bradstreet Holdings, Inc. (NYSE: DNB) is a leading global provider of business decisioning data and analytics. Corporate access is weighed differently depending on the investors models and investment policies. Procurement has progressed 99% and all the main equipment is on site. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%. 875 Yeager Parkway Pelham, Alabama 35124. The budget for Pilares is $159 million of which we have invested $80.9 million as of June 30, 2022. Prior to today's trading, shares of the miner had gained 26.4% over the past month. Southern Copper Corporation SCCO is expected to release first-quarter 2021 results, before the opening bell on Apr 26. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. 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. 2023 southern copper & supply company, inc. site by High Level Marketing. An assistant investor relations manager would need at least a few years of experience in order to be successful at the position. Today, that discovery is still the heart of the Zacks Rank. 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. After submitting your request, you will receive an activation email to the requested email address. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. Michiquillay will become one of Peru?s largest copper mines and will create significant business opportunities in the Cajamarca region; generate new jobs for the local communities; and contribute with taxes and royalties to the local, regional and national governments. This is so SCS can achieve the goals set forth for both its family of employees and customers. This marks the Company's first full year as an operating gold producer after . The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Southern Copper. Given the importance of water for our operations and in the broader perspective of climate change, the Company recently appointed a Water Resources Director at the executive level, whose main function will be to coordinate the actions needed to promote water management at all our operations and ensure our place as a responsible partner in the regional management of this valuable resource. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. A wealth of resources for individual investors is available at www.zacks.com. Our mission is to extract mineral resources to transform and commercialize them satisfying the market needs, fulfilling our social and environmental responsibility and maximizing the creation of value for our shareholders. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. Terms and Conditions Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the . Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and . For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Investor Relations: Raul Jacob Victor Pedraglio +(602) 264-1375: October 27, 2022. . Southern Copper has grown tremendously over the last 30 years. In order to avoid a force majeure event, production losses were temporarily offset with copper purchased from third parties, albeit at a higher cost. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. The Company expects strong action from the authorities to restore the lands to the Company so that it can continue to develop the project. Annual production is expected to total 190,000 tons of copper and 105,000 ounces of gold. 3Q22 Earnings Package. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Investor Relations Manager in Atlantic City, NJ. _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. Fintel is a registered trademark. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. The Mining - Non Ferrous industry is part of the Basic Materials sector. Faraday Copper Corp. E-mail: info . 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. As of June 30, 2022, we had invested $264.9 million in this project. This industrial complex was also given the 2021 National Export Award in the category of Large Industrial Exporting Companies for its contribution to foreign trade and international business in the country. October 27, 2022. El Arco - Baja California: This is a world-class copper deposit located in the central part of the Baja California peninsula with ore reserves of over 1,230 million tons with an average ore grade of 0.40% and 141 million tons of leach material with an ore grade of 0.27%. Investor Relations Manager in Temple, TX. Investor Relations: Raul Jacob Vctor Pedraglio +(602) 264-1375 southerncopper@southernperu.com.pe . CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW. View Presentation. Create your Watchlist to save your favorite quotes on Nasdaq.com. This index is the first of its kind in the Peruvian market and recognizes a total of 17 companies that meet high standards for environmental, social and governance management. In this scenario, we believe the current cycle of low prices should be short-lived. Over the last four quarters, Southern Copper surpassed consensus EPS estimates two times. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. These symbols will be available throughout the site during your session. The Company is a NYSE and Lima Stock Exchange listed company that . From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. And if earnings estimates go up for a company, the fair value for its stock goes up. Southern Company 3Q 2022 Earnings Call. The stock outpaced the S&P 500's daily gain of 0.36%. The program materially . When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Michiquillay is a world class mining project with inferred mineral resources of 2,288 million tons with an estimated copper grade of 0.43%. The Zacks Mining - Non Ferrous industry, to which Southern Copper belongs, has gained 17.8% over this period. As the price of our by-product commodities can have significant fluctuations from period to period, the value of its contribution to our costs can be volatile. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Southern Copper is rated Zacks Rank #1 (Strong Buy). (obras por impuestos) mechanism. In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day. Southern Copper Corporation's rating increased by 22% in the 2021 Corporate Sustainability Assessment of S&P Global. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. The average capital expenditures over the last five years have been around $1 billion. Type a symbol or company name. The dam, if built, will require a much higher investment than the $100 million budget planned for the desalinization plant. Michiquillay - Cajamarca: In June 2018, Southern Copper signed a contract for the acquisition of the Michiquillay project in Cajamarca, Peru. | Privacy Statement Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. INVESTOR RELATIONS: Genaro Guerrero Daz Mercado T. +52 55 5246 37 00 Ext. Now the key question is: Where could the stock be headed in the near term? July 28, 2022. With Quality before Quantity as a core belief, Southern Copper is continually improving its processes to better serve its customers and employees. This industry currently has a Zacks Industry Rank of 38, which puts it in the top 16% of all 250+ industries. and a cash cost after by-product credits of USD0.69/lb during the first nine months of 2020. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. We expect production to begin in 2024 and the mine life is estimated at 13 years. COMEX; Gold and Zinc ? The put contract at the $75.00 strike price has a current bid of $4.20. I'm ready to: See What's New Join the Team Find a Branch 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. Do Not Sell My Personal Information (CA Residents Only). This change outpaced the S&P 500's 0.4% gain on the day. 2015-2023 Fintel Ventures LLC. Victor Pedraglio +(602) 264-1375 . 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. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements and prospectus. The dividend payout ratio for SCCO is: 60.06% based on the trailing year of earnings 65.79% based on this year's estimates 65.79% based on next year's estimates 36.78% based on cash flow This page (NYSE:SCCO) was last updated on 1/15/2023 MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free The company's low-cost position on the . 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. The role will interact with investors and analysts as a professional ambassador for the Group as required and take a lead role in developing the financial metrics used to present future M&A opportunities to market. We continue to make progress in our quest to achieve ISO 45001 and 14001 certifications. 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. The EPS surprise was +21.82%. ? Type a symbol or company name. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. de C.V., Main Products: Copper, Molybdenum, Silver and Zinc. To participate in the call: Please consider that we are using a new technological platform for this event. Copy and paste multiple symbols separated by spaces. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. BNK Invest->. 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. Nuestra misin es extraer recursos minerales, para transformarlos y comercializarlos satisfaciendo las necesidades del mercado, cumpliendo con nuestra responsabilidad social y ambiental, y maximizando la creacin de valor para nuestros accionistas. April 27, 2021. . This project will help strengthen agricultural activities in the province of Candarave (near our Toquepala operations) and will be complemented by work on a new Callazas dam ($35 million), which SCC hopes to finance through the ?Social Investment for Taxes? Net sales were also negatively impacted by the accounting adjustment of $173.5 million for a price variation on sales made and not yet collected. A high-level overview of Southern Copper Corporation (SCCO) stock. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 93 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company?s expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based. Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). Create your Watchlist to save your favorite quotes on Nasdaq.com. window._taboola = window._taboola || []; EPS of $0.67 for the same period compares with $1.12 a year ago.. Today, that discovery is still the heart of the Zacks Rank. Revise nuestros resultados del tercer trimestre 2022 DESCARGAR NOTA COMPLETA, Revise nuestros resultados del segundo trimestre 2022 DESCARGAR NOTA COMPLETA, Anuncio de dividendo DESCARGAR NOTA COMPLETA, Subasta Electrnica No. Los Chancas - Apurimac: This greenfield project, located in Apurimac, Peru, is a copper and molybdenum porphyry deposit. It is important to emphasize that copper plays a leading role in the global shift to clean energy, which correlates positively with our assertion that the underlying demand for copper will be strong in the long-term. A new 25-meter wide off-road facility for mining trucks has been built and will be used to transport the ore from the pit to the primary crushers at the La Caridad copper concentrator. 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. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The leading investment research firm focusing on stock research, analysis and recommendations ( 602 ):. Current market price drives investors ' interest in buying the stock, leading to its price higher. - Cajamarca: in June 2018, Southern Copper Corp is an integrated producer of Copper and other valuable.... Elsewhere, the with Smart Portfolio analytical tools powered by TipRanks, located in Apurimac Peru... Changes into account and delivers a clear, actionable rating model procurement has progressed 99 % all..., Southern Copper Corporation ( SCCO ): free southern copper corporation investor relations analysis report Molybdenum, Silver and Zinc our takes. Strike price has a Forward P/E ratio of 24.87 right now of 0.43 % at www.zacks.com earnings of 2.82... 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