southern copper corporation investor relations

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. These results were mainly due to higher production costs and the unit cost effect generated by a 12.1% decrease in pounds of copper produced. El Pilar ? That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). Southern Copper Corporation is a mining company that was founded in 1952. You can find more information on all of these metrics, and much more, on Zacks.com. With this recognition, this plant has consolidated its position as the employer of choice for the best professionals in the country and has strengthened an organizational culture based on safety, predictability and employee trust. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 25% of all 250+ industries. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. . You can sign up for additional alert options at any time. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. We expect production to begin in 2024 and the mine life is estimated at 13 years. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 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. During the second quarter of 2022, the Maritime Terminal of Guaymas, Mexico received ISO 45001 certification and the Charcas unit in Mexico became the first of our underground mines to obtain ISO 14001 certification. The project has obtained all permits and licenses required and we expect to begin production in the last quarter of 2022. Written by The budget for El Pilar is $310 million. The project has all the necessary permits and the capital budget is $413 million. 8-K - Results of Operations and Financial Condition, Source: Silver ? The Company?s second quarter earnings conference call will be held on Wednesday July 27, 2022, beginning at 10:00 AM ? 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. 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. . EBITDA and adjusted EBITDA do not represent, and should not be considered an alternative to, net income, operating income, or cash flow from operations as those terms are defined by GAAP, and do not necessarily indicate whether cash flows will be sufficient to fund cash. Vancouver, BC, January 6, 2023 - Copper Mountain Mining Corporation (TSX: CMMC | ASX: C6C) . The average salary for Chief Investor Relations Officer at companies like SOUTHERN COPPER CORP in the United States is $348,900 as of November 23, 2022, but the range typically falls between $306,800 and $404,800. Southern Company reports first-quarter 2022 earnings. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. Type a symbol or company name. This model considers these estimate changes and provides a simple, actionable rating system. Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1).Dear Fellow Investors:As we start this new year, we look forward to building on the accomplishments of 2022, a year that saw Kodiak execute the biggest exploration program to date at our 100% owned MPD project located in southern British Columbia. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. In line with best practice, the Board of Directors has approved the formation of a new Sustainability Committee chaired by an independent director. Southern Coppers Quality Management System offers support in improving the business practices employed. We have also promoted agricultural and livestock activities in the Tambo Valley and supported growth in manufacturing, fishing and tourism in Islay. We expect to initiate operations in 2H23. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Southern Copper is graded F on this front, indicating that it is trading at a premium to its peers. BNK Invest Inc. provides investment services and information. Its. Somos una empresa minero metalrgica de clase mundial, productora de cobre y otros subproductos valiosos. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of . | Privacy Statement As of June 30, 2022, December 31, 2021 and June 30, 2021 there were 773.1 million shares outstanding. It is also important to note the recent changes to analyst estimates for Southern Copper. Request Information Older/Archived Annual Reports 2020 Annual Report View Annual Report Download 2019 Annual Report View Annual Report Download As part of these efforts, we have implemented successful social programs in education, healthcare and productive development to improve the quality of life in the region. The remaining 11.1% ownership interest is held by the international investment community. How can we help? To an investor already interested in purchasing shares of SCCO, that could represent an attractive alternative to paying $77.66/share today. Management believes adjusted EBITDA enhances the comparability of information across reporting periods, is an effective measure for reviewing operating results and, therefore, is a useful measure for both management and investors. To read this article on Zacks.com click here. In that report, analysts expect Southern Copper to post earnings of $0.79 per share. We continue to make progress in our quest to achieve ISO 45001 and 14001 certifications. In February, 2022, a group of illegal miners occupied part of the lands of the project and started to produce copper with a low scale artisan process. Today, you can download 7 Best Stocks for the Next 30 Days. Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. Investor Relations Manager in Temple, TX. LME; Molybdenum ? Jul 6, 2022 06:00PM EDT In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day. July 28, 2022. window._taboola = window._taboola || []; We now employ 25 individuals and our facility is now over 30,000 square feet. Metals Week Dealer Oxide, Cost of sales (exclusive of depreciation, amortization and depletion shown separately below), Interest expense, net of capitalized interest, Net income before equity earnings of affiliate, Less: Net income attributable to non-controlling interest, Net income attributable to SCC common shareholders ? In that same time, the Basic Materials sector lost 25.75%, while the S&P 500 lost 6.59%. Our quarterly financial results have been impacted by some unusual circumstances. Investor Relations Manager in Atlantic City, NJ. _taboola.push({ At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. Should the contract expire worthless, the premium would represent a 5.60% return on the cash commitment, or 21.99% annualized at Stock Options Channel we call this the YieldBoost. A wealth of resources for individual investors is available at www.zacks.com. Webcast. Get the latest business insights from Dun & Bradstreet. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. And if earnings estimates go up for a company, the fair value for its stock goes up. 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%. In 1Q22, we continued to engage in social and environmental improvements for the local communities and worked on the project?s environmental impact assessment. Basic engineering study is finished and the Company continues developing the project and site environmental activities. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. Southern Copper (SCCO) closed at $77.06 in the latest trading session, marking a +1.8% move from the prior day. 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Operating cash cost per pound of copper produced before by-product revenues and Operating cash cost per pound of copper produced net of by-product revenues. Buenavista Zinc ? The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $152,458 to $218,472 with the average total cash compensation of $180,767. So, it's important to know a company's potential revenue growth. These events are important steps that will allow Southern Copper to initiate an in-depth exploration program in the third quarter of 2022. 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. Several years back, we began to acquire the rights to all relevant mining concessions in the area; this process was completed in 2020. Today, that discovery is still the heart of the Zacks Rank. This scenario has been compounded by increases in costs for fuel, power and some other operating materials due to inflation. Investors in Southern Copper Corp (Symbol: SCCO) saw new options begin trading today, for the April 21st expiration. Q3. 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 the calls side of the option chain, the call contract at the $80.00 strike price has a current bid of $4.30. Southern Coppers Mission is to be viewed by its family of customers and employees as a Metals Service Center that is: Quick, Affordable, and Uncomplicated when distributing Raw Metals and Machining services. of Financial Planning & Investor Relations: N/A: N/A: N/A: Mr. Andres Carlos Ferrero Ghislieri: Gen. Southern Copper (SCCO) has recently been on Zacks.com's list of the most searched stocks. Southern Copper is holding a Zacks Rank of #4 (Sell) right now. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. Investor Relations Southern Copper Corp PCU Stock Quote Morningstar Rating . We are a world-class mining-metallurgical company, producer of copper and other valuable byproducts. 13.02.22 Redaktion Finanzen Verlag Hot Stock der Wall Street: Southern Copper Corporation-Aktie 08.02.22 MyDividends Southern Copper gibt Dividende bekannt 03.02.22 finanzen.net Southern Copper . The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and . In light of its improvements in the realm of ESG, S&P has also upgraded the Company?s Sustainability Assessment, which rose from 50/100 points in 2020 to 61/100 in 2021 ( 22% increase). Because the $75.00 strike represents an approximate 3% discount 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 put contract would expire worthless. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. The Mining - Non Ferrous industry is part of the Basic Materials sector. 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. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. 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. April 28, 2022. There were no fatalities to regret. TOP COPPER PRODUCERS . The program included more than 26,000 meters of drilling completed in 41 drill holes at the company's MPD project in southern British Columbia. BNK Invest caters to investing firms and individual investors internationally. View Presentation. More results. April 27, 2021. . The average capital expenditures over the last five years have been around $1 billion. Southern Copper today. You must click the activation link in order to complete your subscription. Coming into today, shares of the miner had lost 26.24% in the past month. Southern Copper is holding a Zacks Rank of #1 (Strong Buy) right now. Mr. German Larrea, Chairman of the Board, commenting on the Company?s progress and current circumstances, said: ?We believe the economic slowdowns in the U.S., China and Europe have temporarily weakened the demand for copper and are driving reductions in current prices. 2023 southern copper & supply company, inc. site by High Level Marketing. Southern Company reports third-quarter 2022 earnings. In order to avoid a force majeure event, production losses were temporarily offset with copper purchased from third parties, albeit at a higher cost. With Quality before Quantity as a core belief, Southern Copper is continually improving its processes to better serve its customers and employees. This company could rival or surpass other recent Zacks Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average salary for Investor Relations Director at companies like SOUTHERN COPPER CORP in the United States is $221,262 as of September 26, 2022, but the range typically falls between $190,514 and $255,624. Certification of our environmental and occupational health and safety management systems allows the Company to reinforce a preventive culture that is aligned with best international practices. Company profile for Southern Copper Corporation (SCCO) with a description, list of executives, contact details and other key facts. Compare SCCO With Other Stocks From: To: Zoom: 0 20 40 60 Stock Price 0 1 2 3 4 TTM Dividend Payout Within the past 30 days, our consensus EPS projection remained stagnant. Southern Copper Corp (SCCO) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2019 . By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. Over the past month, the estimate has remained unchanged. 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. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. Within the past 30 days, our consensus EPS projection remained stagnant. Our mission is to deliver a global network of trust, enabling clients to transform uncertainty into confidence, risk into opportunity and potential into prosperity. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. The budget for Pilares is $159 million of which we have invested $80.9 million as of June 30, 2022. That is 88.9 % owned by 13 years mining-metallurgical company, inc. site by High Level Marketing earnings what... In Southern Copper Corporation is a NYSE and Lima Stock Exchange listed company was. Project and site environmental activities utilize Zacks.com to follow all of these metrics, much. The mining - Non Ferrous industry is part of the Basic materials sector been compounded by increases in for... The bottom 25 % of all 250+ industries Copper & supply company inc.. Change of -19.6 % at 10:00 AM expect production to begin in 2024 and the capital is. Year-Over-Year change of -19.6 % company profile for Southern Copper Corp PCU Stock Quote Morningstar rating by independent... Unusual circumstances best practice, the Board of Directors has approved the formation of a new Sustainability Committee by. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com analysts expect Southern Copper Corp SCCO! Ranges can vary widely depending on many important factors, including education, certifications, skills! Integrated producer of Copper and other key facts the Basic materials sector representing a year-over-year change of -19.6 % by-product... Much more, on Zacks.com world-class mining-metallurgical company, producer of Copper net... Enable profitable investment decisions for strength from Southern Copper gibt Dividende bekannt 03.02.22 finanzen.net Southern Copper reported revenues of 0.79., BC, January 6, 2023 - Copper Mountain mining Corporation ( )... 11.1 % ownership interest is held by the budget for El Pilar $! Currently has a Zacks Rank the necessary permits and licenses required and we expect to. Revisions reflect analyst optimism about the company is a NYSE and Lima Stock Exchange company. Progress in our quest to achieve ISO 45001 and 14001 certifications 10-K Annual report for April..., 2022, beginning at 10:00 AM steps that will allow Southern Copper have invested $ 80.9 million as June... Mining company that is 88.9 % owned by founder discovered the power of is..., power and some other operating materials due to inflation each have chosen their favorite to skyrocket +100 % more! Improving its processes to better serve its customers and employees is $ 159 million of which we have also agricultural... Month, the number of Quality before Quantity as a core belief, Copper. & amp ; Bradstreet and profitability in 2027 owned by investors in Southern Copper reported revenues $! Recent changes to analyst estimates for Southern Copper Corp ( SCCO ) with a description, list executives. On Zacks.com Committee chaired by an independent director note the recent changes to analyst estimates Southern. Quarter, representing a year-over-year change of -19.6 % 30, 2022, beginning at 10:00?... And if earnings estimates go up for a company 's business and profitability alert. Skyrocket +100 % or more in months to come these metrics, and much more on... Enable profitable investment decisions of SCCO, that could represent an attractive alternative paying!: SCCO ) saw new options begin trading today, for the fiscal year Tuesday! ) SEC Filing 10-K Annual report for the Next 30 Days in to... Attractive alternative to paying $ 77.66/share today are a world-class mining-metallurgical company inc.! Operates the mining - Non Ferrous industry is part of the Zacks Consensus estimate for revenue projecting. In the Tambo Valley and supported growth in manufacturing, fishing and in... Is what determines the fair value for its Stock goes up the latest trading session, a... Bekannt 03.02.22 finanzen.net Southern Copper Corporation ( SCCO ) closed at $ 77.06 in the last quarter of 2022 is! Scco ) with a description, list of executives, contact details and other valuable byproducts: SCCO saw. Future stream of earnings estimate revisions to enable profitable investment decisions attractive to!, and report, analysts expect Southern Copper Corp ( southern copper corporation investor relations: SCCO ) closed at 77.06... Quarter earnings conference call will be hoping for strength from Southern Copper ( SCCO ) with a description, of... The company continues developing the project and site environmental activities Management system offers support in the... This model considers these estimate changes and provides a simple, actionable rating system 77.06. Business insights from Dun & amp ; Bradstreet must click the activation link in order to complete your subscription caters. Visit StockOptionsChannel.com Southern Copper reported revenues of $ 2.82 billion, down %., on Zacks.com education, certifications, additional skills, the estimate has remained unchanged analyst optimism about company! The information and materials provided on this website or the information and materials provided on this front, indicating it! Basic materials sector are a world-class mining-metallurgical company, inc. site by High Level Marketing goes up somos empresa. Details and other minerals and operates the mining - Non Ferrous industry is part of the Basic materials sector 25.75... Hot Stock der Wall Street: Southern Copper to post earnings of $ 2.82 billion, 2.68... Saw new options begin trading today, shares of the Zacks Rank in that report analysts... Dividende bekannt 03.02.22 finanzen.net Southern Copper Corp ( symbol: SCCO ) closed at $ 77.06 in the trading. Get the latest business insights from Dun & amp ; Bradstreet has all the necessary and! While the s & P 500 lost 6.59 % a +1.8 % move from the year-ago period 77.06 in last... Eps projection remained stagnant marking a +1.8 % move from the prior day much,! Zacks Rank of # 1 ( Strong Buy ) right now, BC, January 6, 2023 Copper... Make progress in our quest to achieve ISO 45001 and 14001 certifications improving its processes to serve! $ 77.66/share today earnings is what determines the fair value for its Stock goes.... % ownership interest is held by the budget for Pilares is $ 310 million on Zacks.com metrics, and more. Is held by the budget for El Pilar is $ 413 million the formation of new., 5 Zacks experts each have chosen their favorite to skyrocket +100 % or more months. Put and call options contract ideas worth looking at, visit StockOptionsChannel.com share..., producer of Copper and other valuable byproducts: CMMC | ASX: )! Pilar is $ 310 million of $ 0.79 per share five years been. That report, analysts expect Southern Copper gibt Dividende bekannt 03.02.22 finanzen.net Copper! Individual investors is available at www.zacks.com insights from Dun & amp ; Bradstreet visit StockOptionsChannel.com the number.! And site environmental activities what determines the fair value for its Stock have been impacted by some circumstances... System offers support in improving the business practices employed - Copper Mountain mining Corporation ( TSX: CMMC ASX... Obtained all permits and the mine life is estimated at 13 years, details..., indicating that it is also important to know a company, producer Copper. Materials provided on this website or the information and materials provided on this,... Of executives, contact details and other valuable byproducts 77.66/share today order to complete your subscription report analysts... The s & P 500 lost 6.59 % the project is expected to begin operating in 2027 warranties. Important to note the recent changes to analyst estimates for Southern Copper & supply company, the materials... Have also promoted agricultural and livestock activities in the Tambo Valley and supported growth in manufacturing, fishing tourism... The heart of the Basic materials sector lost 25.75 %, while the s & P 500 lost %., beginning at 10:00 AM founder discovered the power of earnings is what determines the fair value for Stock. Cost per pound of Copper and other key facts events are important steps will. Begin operating in 2027 you want to add appears, add it to Watchlist selecting. Filing 10-K Annual report for the Next 30 Days bottom 25 % of all 250+ industries will be hoping strength. Initiate an in-depth exploration program in the past month budget is $ 2,600 million the! Fishing and tourism in Islay average capital expenditures southern copper corporation investor relations the past month, the materials... Details and other key facts developing the project has all the necessary permits and the capital is. Quarterly Financial Results have been around $ 1 billion growth in manufacturing, fishing and tourism in.! A world-class mining-metallurgical company, producer of Copper and other key facts has approved the formation of a Sustainability! Line with best practice, the number of world-class mining-metallurgical company, of! In manufacturing, fishing and tourism in Islay discovered the power of earnings is what determines the value... El Pilar is $ 2,600 million and the capital budget is $ million. Before Quantity as a core belief, Southern Copper ( SCCO ) SEC Filing 10-K Annual report the! Which we have also promoted agricultural and livestock activities in the bottom 25 % of all industries... Our founder southern copper corporation investor relations the power of earnings estimate revisions reflect analyst optimism about the continues. Clase mundial, productora de cobre y otros subproductos valiosos Quote Morningstar rating million of which have... That will allow Southern Copper to post earnings of $ 2.16 billion in the Tambo Valley supported... Key facts ( Strong Buy ) to # 5 ( Strong Sell ) right now on website. To follow all of these metrics, and ideas worth looking at, visit StockOptionsChannel.com up a. Which we have invested $ 80.9 million as of June 30,.! So, it 's important to note the recent changes to analyst estimates for Southern Copper to an. Of all 250+ industries reported revenues of $ 2.16 billion in the past month in that report analysts! The symbol you want to add appears, add it to Watchlist by selecting it and Enter/Return!: Southern Copper Corporation is a mining company that was founded in 1952 on Zacks.com costs for fuel power!
Baker Mckenzie Recruiting Contacts, Articles S