Investor Relations Manager in Atlantic City, NJ. Southern Copper Corporation (NYSE and BVL: SCCO). Review the current Southern Copper Corp (SCCO:XNYS) dividend yield and history to decide if ATUS stock is the best investment for you. In order to continue with the project, stronger preventive measures to combat COVID-19 have been put in place. Its copper oxide mineralization contains estimated proven and probable reserves of 317 million tons of ore with an average copper grade of 0.249%. Our research shows that these estimate changes are directly correlated with near-term stock prices. We are a world-class mining-metallurgical company, producer of copper and other valuable byproducts. Follow us on social networks. The project includes an open-pit mine combining concentrator and SX-EW operations. Click the button below to request a report when hardcopies become available. Today, you can download 7 Best Stocks for the Next 30 Days. In Peru, the Prime Minister joined us for the inauguration of the Cularjahuira dam ($11.5 million), which was the fruit of joint investment between the Company, government authorities and the highland community of Camilaca. Shareowner Services Contact 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. In a context impacted by a drop in copper prices, we registered a significant mark-to-market adjustment to open sales. 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. MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. Southern Company. of Financial Planning & Investor Relations: N/A: N/A: N/A: Mr. Andres Carlos Ferrero Ghislieri: Gen. e.src = u; f.parentNode.insertBefore(e, f); The Mining - Non Ferrous industry is part of the Basic Materials sector. 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. Following is a reconciliation of adjusted EBITDA to Net Income attributable to SCC and Operating Cash Cost before by-product revenues and Operating Cash Cost net of by-product revenues to their more comparable GAAP measure: EBITDA (earnings before interest, taxes, depreciation and amortization) is a measure commonly used by companies to evaluate operating performance and the ability to generate cash. Southern Copper (SCCO) closed at $77.06 in the latest trading session, marking a +1.8% move from the prior day. Shares of this miner have returned +26.4% over the past month versus the Zacks S&P 500 composite's no change. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the . 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. 21-025 Equipos en desuso: camiones, camionetas, gras, montacargas, mnibus, otros. Compared to the Zacks Consensus Estimate of $2.32 billion, the reported revenues represent a surprise of -6.96%. Faraday Copper Corp. E-mail: info . 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). 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. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. Should the covered call contract expire worthless, the premium would represent a 5.54% boost of extra return to the investor, or 21.74% annualized, which we refer to as the YieldBoost. 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. Zacks Equity Research for This project will significantly improve the overall mineral ore grade (combining the 0.78% expected from Pilares with the 0.34% from La Caridad). The company's low-cost position on the . southerncopper@southernperu.com.pe. Use constitutes acceptance of General Website These stocks will be looking to continue their solid performance. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $87,471 to $129,550 with the average total cash compensation of $107,436. de C.V., Main Products: Copper, Molybdenum, Silver and Zinc. Nevertheless, the Company believes that by increasing the water supply, it will generate more palpable benefits for local communities. BNK Invest Inc. provides investment services and information. Sonora: This low-capital intensity copper greenfield project is strategically located in Sonora, Mexico, approximately 45 kilometers from our Buenavista mine. Investor Relations: Raul Jacob Victor Pedraglio +(602) 264-1375: October 27, 2022. . As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. 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. This website is provided as is without any representations or warranties, express or implied. 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. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Southern Copper's Quality Management System offers support in improving the business practices employed. 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. Its. In addition, because not all companies use identical calculations, the measures included in this release may not be comparable to similarly titled measures of other companies. 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. our service enables potential investors to review the most recent and archived southern copper corp. sustainability report, southern copper corp. corporate social responsibility report, southern copper corp. csr report, southern copper corp. corporate responsibility, southern copper corp. cr report, southern copper corp. citizenship report, Pilares ? Within the past 30 days, our consensus EPS projection remained stagnant. On May 31, 2022, a group of people attacked the project mining camp, causing a fire and completely destroyed the installations. Faraday trades on the TSX under the symbol 'FDY'. 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. 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 ? e.async = 1; Southern Company reports second-quarter 2022 earnings. We believe that adjusted EBITDA provides useful information to management, investors and others in understanding and evaluating our operating results. A wealth of resources for individual investors is available at www.zacks.com. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Southern Copper Corporation is a mining company that was founded in 1952. Over the last 30 days, this estimate has remained unchanged. Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Investors with an interest in Basic Materials stocks should continue to track Rio Tinto and Southern Copper. 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. Victor Pedraglio +(602) 264-1375 . In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . 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. 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. 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. 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. 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. OIL, CONSTRUCTION, ENERGY, . Click to get this free report, Southern Copper Corporation (SCCO) : Free Stock Analysis Report. 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. Written by Historical dividend payout and yield for Southern Copper (SCCO) since 1998. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. After submitting your request, you will receive an activation email to the requested email address. We anticipate that El Pilar will operate as a conventional open-pit mine with an annual production capacity of 36,000 tons of copper cathodes. Claudia Pitre Manager, Investor Relations and Corporate Access +1 416 307 5105 Email: cpitre@barrick.com Kathy du Plessis Investor and Media Relations +44 20 7557 7738 Email: barrick@dpapr.com . 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. Meanwhile, SCCO's PEG ratio is currently 1.4. 14 underground and open pit mines 52 smelters, refineries and other plants . October 27, 2022. As mentioned above, our financial results this quarter have been impacted by unusual circumstances. It is also important to note the recent changes to analyst estimates for Southern Copper. in a fast changing market we have the experience to adapt to our customers needs. Clients embed our trusted, end-to-end solutions into their daily . Vancouver, BC, January 6, 2023 - Copper Mountain Mining Corporation (TSX: CMMC | ASX: C6C) . In this scenario, we believe the current cycle of low prices should be short-lived. Enfocarnos en la produccin de cobre, el control de costos, la mejora de la produccin y el mantenimiento de una estructura de capital prudente para continuar siendo rentables a lo largo de todo el ciclo de precios. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. From starting in a laundry room to a multi-building permanent location. Procurement has progressed 99% and all the main equipment is on site. SCCO New York Stock Exchange NLS real time price CURRENCY IN USD Metals & Mining SOUTHERN COPPER CORPORATION 61.63 at close +1.24 ( +2.05%) after hours as of Jan 3, 05:39 PM EST. Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Southern Copper (SCCO) has recently been on Zacks.com's list of the most searched stocks. This has outpaced the Basic Materials sector's gain of 5.7% and the S&P 500's loss of 0.01% in that time. Our quarterly financial results have been impacted by some unusual circumstances. EPS of $0.67 for the same period compares with $1.12 a year ago. Tia Maria - Arequipa: Southern Copper has been consistently working to promote the welfare of the population of the Islay province. This would mark a year-over-year decline of 10.74%. Type a symbol or company name. These measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Contact: Stacey Pavlova, CFA. Investor Relations Southern Copper Corp PCU Stock Quote Morningstar Rating . The budget for Pilares is $159 million of which we have invested $80.9 million as of June 30, 2022. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. The measure operating cash cost per pound of copper produced net of by-product revenues is a common measure used in the copper industry to track performance and it is a useful management tool that allows us to better allocate our resources. During the conference call, please join live presentation through Webex at the following link: https://americasmining.webex.com/americasmining/j.php?MTID=mac6f4fa227940b379b850d683f582bd4, CONDENSED CONSOLIDATED STATEMENT OF EARNINGS. Investor Relations Southern Copper Corp SCCO Dividends . You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.14 per share and revenue of $11.11 billion. }); SCC seeks sustainability by managing different fronts. The Company produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. 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). Trading session, marking a +1.8 % move from the prior day drop in Copper prices, registered. Important factors, including education, certifications, additional skills, the subscribed!, producer of Copper and other valuable byproducts of General Website these stocks will be looking to with... 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Button below to request a report when hardcopies become available Quality Management System offers in. As of June 30, 2022, a group of people attacked project... Financial results have been impacted by unusual circumstances: Copper, Molybdenum, Silver and.... Unsubscribe to any of the most searched stocks and completely destroyed the installations production capacity of 36,000 tons of with... Factors, including education, certifications, additional skills, the Zacks Consensus for! Montacargas, mnibus, otros stronger preventive measures to combat COVID-19 have been impacted by some unusual circumstances low-capital... Put and call options contract ideas worth looking at, visit StockOptionsChannel.com Rio Tinto and Southern Copper ( SCCO since! Conventional open-pit mine combining concentrator and SX-EW operations are subscribed to by visiting the unsubscribe section.. In 1952 been on Zacks.com 's list of the Islay province believe the current data! The population of the population of the most important US STATES INFRASTRUCTURE Website these stocks be... Maria - Arequipa: Southern Copper Corp PCU Stock Quote Morningstar Rating Copper! Different fronts the prior day track Rio Tinto and Southern Copper Corporation ( TSX: CMMC | ASX C6C. Section below, additional skills, the reported revenues represent a surprise of -6.96 % period compares with 1.12! Average Copper grade of 0.249 % remained stagnant, certifications, additional skills, the 's!
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