Southern Copper Corporation (SCCO) experienced a price decline of $8.32, representing a -4.67% change from the previous close, with the current price at $169.8. The trading volume is $435,900, 22.8% higher than the average volume, indicating increased market activity.
SCCO is in a downward streak for three consecutive days, with a total decrease of $17.91 (-9.54%) since the streak began at $187.71.
In the latest quarterly earnings report on Thursday, April 23rd, SCCO had a consensus estimate EPS of 1.88.
SCCO offers a forward dividend yield of 2.34%, with a dividend per share of 99.157 cents MRQ and $3.39 TTM.
Scotiabank reaffirmed SCCO's grade as "Underperform" on April 23, with a price of $189.25, suggesting a hold action.
SCCO reported a net change in cash of $355 million, ending the period with $4.30 billion in cash.
SCCO's net income for the period was $1.31 billion, resulting in an EPS of $1.56 and a diluted EPS of $1.56.
Key ratios show a healthy financial position for SCCO, including a net profit margin of 33.8% and a return on equity of 11.85%.
SCCO's total assets amount to $21.38 billion, with total liabilities at $10.28 billion, indicating a strong financial position.
This real-time financial report provides insights into SCCO's performance and financial health, reflecting current market conditions.
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 operates as a subsidiary of Americas Mining Corporation.