southern copper corporation investor relations

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. 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. The remaining 63 million will be for community use. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. The company's low-cost position on the . Faraday Copper Corp. E-mail: info . Nothing on this website constitutes, or is meant to constitute, advice of any kind. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Last Reported Results and Surprise History. Nombre de la Empresa: Southern Copper Corporation, Mercados de acciones: Bolsa de Nueva York y la Bolsa de Valores de Lima, Listando en Bolsa de Nueva York desde: 1996, Grupo Econmico: Indirectamente somos parte de Grupo Mxico S.A.B. This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These results led to our inclusion in the Dow Jones Sustainability index for the MILA region in 2019 and we have also been included in the 2022 Sustainability Yearbook. Currently . Mang. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $77.66) to be 40%. . Annual production is expected to total 190,000 tons of copper and 105,000 ounces of gold. Written by Investors in Southern Copper Corp (Symbol: SCCO) saw new options begin trading today, for the April 21st expiration. In 2021, the Company signed a Social Agreement with the Michiquillay and the Enca?ada Communities and, on October 1, 2021, the Peruvian Ministry of Energy and Mines approved the semi-detailed Environmental Impact Study for the project. Find the latest Southern Copper Corporation (SCCO) stock quote, history, news and other vital information to help you with your stock trading and investing. You can sign up for additional alert options at any time. Buenavista Zinc ? Southern Copper is graded F on this front, indicating that it is trading at a premium to its peers. 2022 Proxy Statement. If you require advice in relation to any financial matter you should consult an appropriate professional. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. 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 current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.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. Manager of Financial Planning and Investor Relations: Andres Carlos Ferrero Ghislieri: General Counsel: Latest SEC Filings. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. This distinction recognizes SCC?s responsible production of essential raw materials; environmental preservation efforts; and the economic benefits and support it provides to bolster the well-being of workers and their families. 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. Vice President. If an investor was to purchase shares of SCCO stock at the current price level of $77.66/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $80.00. 5 Stocks Set to Double VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the "Company" or "Orezone") is pleased to provide 2023 production and costs guidance for its Bombor Gold Mine ("Bombor") in Burkina Faso. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Investor Relations: Raul Jacob Vctor Pedraglio +(602) 264-1375 southerncopper@southernperu.com.pe . The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . In order to avoid a force majeure event, production losses were temporarily offset with copper purchased from third parties, albeit at a higher cost. 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. 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. Kodiak Copper Corp. (TSX-V:KDK) CEO Claudia Tornquist has released a letter to shareholders, highlighting the company's biggest exploration program to date in 2022. 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. This is a significant step in our pledge to a robust and strong ESG performance. Date Type Title; Oct 31, 2022: 10-Q: Quarterly Report There were no fatalities to regret. Please fill out the form below and click "Place Order" to complete your order. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. e.async = 1; We have completed the engineering study. EPS of $0.67 for the same period compares with $1.12 a year ago.. The Mining - Non Ferrous industry is part of the Basic Materials sector. The Social Agreements with the Michiquillay and the Enca?ada communities represent an opportunity to improve the quality of life of the residents of those communities via our strong social programs and backed by a solid framework for technical work at the project level. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. 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. 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. Los Chancas - Apurimac: This greenfield project, located in Apurimac, Peru, is a copper and molybdenum porphyry deposit. So, it's important to know a company's potential revenue growth. 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). It is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as refined. 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. If you have questions concerning your registered Southern Company shareowner account, online account access, transfer requirements, lost certificates, dividend checks, address changes or the Southern Investment Plan, please contact EQ Shareowner Services. 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. At the registration time, you will be provided a dial-in number and a personal confirmation PIN will be generated to access the call. 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 . Without considering a stock's valuation, no investment decision can be efficient. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. From starting in a laundry room to a multi-building permanent location. 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 . 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. Nonetheless, we believe Southern Copper is well positioned to leverage our strengths in a challenging environment. Any recent changes to analyst estimates for Southern Copper should also be noted by investors. BNK Invest caters to investing firms and individual investors internationally. Below is a chart showing SCCO's trailing twelve month trading history, with the $80.00 strike highlighted in red: !function (e, f, u) { Over the last four quarters, Southern Copper surpassed consensus EPS estimates two times. Company profile for Southern Copper Corporation (SCCO) with a description, list of executives, contact details and other key facts. Coming into today, shares of the miner had lost 26.24% in the past month. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. April 27, 2021. . It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The Company produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Today, that discovery is still the heart of the Zacks Rank. 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. Terms and Conditions Investor Relations and Corporate Communications Telephone: 604-682-2992 Email: Tom.Halton@CuMtn.com . In addition to the risks and uncertainties noted in this news release, there are certain factors that could cause results to differ materially from those anticipated by some of the statements made. 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. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Of course, a lot of upside could potentially be left on the table if SCCO shares really soar, which is why looking at the trailing twelve month trading history for Southern Copper Corp, as well as studying the business fundamentals becomes important. The average capital expenditures over the last five years have been around $1 billion. 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. 8-K - Results of Operations and Financial Condition, Source: Silver ? Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. This valuation marks a premium compared to its industry's average Forward P/E of 5.33. Do Not Sell My Personal Information (CA Residents Only). These totals would mark changes of -5.69% and +1.63%, respectively, from last year. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. About SouthState: A Leading Regional Bank in the Southeast | SouthState Bank Login About Us Creating a Better Banking Experience At SouthState Bank, we're committed to innovative solutions that make our customers' lives easier and more convenient. Click the button below to request a report when hardcopies become available. In that report, analysts expect Southern Copper to post earnings of $0.79 per share. Within the past 30 days, our consensus EPS projection remained stagnant. The Southern Copper Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. The project includes an open-pit mine combining concentrator and SX-EW operations. e.src = u; f.parentNode.insertBefore(e, f); 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 put contract at the $75.00 strike price has a current bid of $4.20. Investor Relations: Raul Jacob Victor Pedraglio +(602) 264-1375: October 27, 2022. . For the next fiscal year, the consensus earnings estimate of $3.04 indicates a change of +0.2% from what Southern Copper is expected to report a year ago. The project has obtained all permits and licenses required and we expect to begin production in the last quarter of 2022. Zacks->. Zacks Equity Research for The base salary for Investor Relations Administrator in companies like SOUTHERN COPPER CORP range from $82,628 to $114,203 with the average base salary of $97,688. Compared to the Zacks Consensus Estimate of $2.32 billion, the reported revenues represent a surprise of -6.96%. Written by Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Type a symbol or company name. Compensation data tools, salary structures, surveys and benchmarks. Source: SCCO Investor Relations. Create your Watchlist to save your favorite quotes on Nasdaq.com. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. These recent revisions tend to reflect the evolving nature of short-term business trends. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. Type a symbol or company name. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 1.1%. Click here to see the values of some of the valuation metrics that have driven this grade. For molybdenum, it represented 9.7% of the company's sales value in the second quarter of this year and is currently our first by-product . 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. The Company has made an offer to the Peruvian government to build the Paltiture dam, instead of a desalinization plant originally proposed, to provide water to both the project and the community. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. 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. 2015-2023 Fintel Ventures LLC. Q4 Results In the last reported quarter, Southern Copper's earnings. placement: 'Mid Article Thumbnails', Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. 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. 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. Copy and paste multiple symbols separated by spaces. Historical dividend payout and yield for Southern Copper (SCCO) since 1998. 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. 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. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. Our adjusted EBITDA is not necessarily comparable to similar measures used by other companies. 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. The budget for Pilares is $159 million of which we have invested $80.9 million as of June 30, 2022. | Privacy Statement Pilares ? Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. If you experience any issues with this process, please contact us for further assistance. These events are important steps that will allow Southern Copper to initiate an in-depth exploration program in the third quarter of 2022. MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. 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. The purpose of this Committee is to support the Board of Directors of Southern Copper Corporation in developing and monitoring the Company's compliance with on-going commitments to the environment, health and safety, communities, human rights, and corporate governance. Today, that discovery is still the heart of the Zacks Rank. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. After submitting your request, you will receive an activation email to the requested email address. Sitemap; Vendors / Suppliers; Job Opportunities; In that report, analysts expect Southern Copper to post earnings of $1.08 per share. Type a symbol or company name. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW. Counsel: N/A: N . The Mining - Non Ferrous industry is part of the Basic Materials sector. Victor Pedraglio +(602) 264-1375 . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. An assistant investor relations manager would need at least a few years of experience in order to be successful at the position. 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 ?
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