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Southern Copper Corporation is currently in a long term downtrend where the price is trading 4.1% below its 200 day moving average.
From a valuation standpoint, the stock is 29.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 6.9.
Southern Copper Corporation's total revenue rose by 26.7% to $2B since the same quarter in the previous year.
Its net income has increased by 93.1% to $590M since the same quarter in the previous year.
Finally, its free cash flow grew by 130.3% to $852M since the same quarter in the previous year.
Based on the above factors, Southern Copper Corporation gets an overall score of 4/5.
Industry | Copper |
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ISIN | US8436111046 |
CurrencyCode | USD |
Exchange | NYSE |
Sector | Basic Materials |
Dividend Yield | 4.5% |
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PE Ratio | 22.67 |
Beta | 1.23 |
Target Price | 60.38 |
Market Cap | 62B |
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, copper, molybdenum, silver, gold, 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 493,117 hectares of exploration concessions in Peru and Mexico; 239,077 hectares of exploration concessions in Argentina; 30,568 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 is a subsidiary of Americas Mining Corporation.
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