TRANSPORTATION. 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. 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. }(document.createElement('script'), document.getElementsByTagName('script')[0], '//cdn.taboola.com/libtrc/nasdaq-nasdaq/loader.js'); EST (9:00 AM Lima and Mexico City time). We continue to make progress in our quest to achieve ISO 45001 and 14001 certifications. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. This rating, which reflects a continuous upward trend, earned us a place in the Dow Jones Sustainability Index for the . With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. Today, that discovery is still the heart of the Zacks Rank. SOUTHERN COPPER CORPORATION - Minera Mxico - Southern Peru ASARCO (USA) MINERA LOS FRAILES (Spain) OPERATIONS. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. The role will interact with investors and analysts as a professional ambassador for the Group as required and take a lead role in developing the financial metrics used to present future M&A opportunities to market. The company topped consensus revenue estimates two times over this period. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.55% if the stock gets called away at the April 21st expiration (before broker commissions). The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Corporate access is weighed differently depending on the investors models and investment policies. 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. 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. 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. . . 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. 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. The remaining 63 million will be for community use. Our mission is to extract mineral resources to transform and commercialize them satisfying the market needs, fulfilling our social and environmental responsibility and maximizing the creation of value for our shareholders. 875 Yeager Parkway Pelham, Alabama 35124. Our efforts to ensure the current and long-term welfare of the population in the area of influence of the Tia Maria project were recognized by several local associations, which sent letters to the National Government to request project initiation. Additionally, from day one of our operations, we will generate significant contributions to revenues in the Arequipa region. In this scenario, we believe the current cycle of low prices should be short-lived. 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. 3885 Below is a chart showing SCCO's trailing twelve month trading history, with the $80.00 strike highlighted in red: !function (e, f, u) { Quoting the Chairman of our Board of Directors in the letter that accompanies the 2021 Sustainable Development Report of our holding, Grupo Mexico: "A business model focused on responsible and transparent management in the social, economic and environmental spheres are essential to guarantee sustainable development." In 1Q22, we continued to engage in social and environmental improvements for the local communities and worked on the project?s environmental impact assessment. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In preparation for upcoming drilling, the Company has mobilized field crews to the property for mapping, sampling and . Want the latest recommendations from Zacks Investment Research? That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. 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 . Prior to today's trading, shares of the miner had gained 26.4% over the past month. Written by The Company has started the baseline study and is reviewing the basic engineering analysis to request the environmental impact permit. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. 5 Stocks Set to Double Southern Copper's Quality Management System offers support in improving the business practices employed. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. To read this article on Zacks.com click here. Without considering a stock's valuation, no investment decision can be efficient. 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. This index is the first of its kind in the Peruvian market and recognizes a total of 17 companies that meet high standards for environmental, social and governance management. Today, that discovery is still the heart of the Zacks Rank. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Nonetheless, we believe Southern Copper is well positioned to leverage our strengths in a challenging environment. You can sign up for additional alert options at any time. We now employ 25 individuals and our facility is now over 30,000 square feet. Date Type Title; Oct 31, 2022: 10-Q: Quarterly Report The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . Please fill out the form below and click "Place Order" to complete your order. This project will help strengthen agricultural activities in the province of Candarave (near our Toquepala operations) and will be complemented by work on a new Callazas dam ($35 million), which SCC hopes to finance through the ?Social Investment for Taxes? 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. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. 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. At the end of June the project has all the required permits for exploration activities. In 2021, SPCC fortified its relation with the regional government and successfully overcame its opposition to project initiation. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Find company research, competitor information, contact details & financial data for Southern Per Copper Corporation Sucursal del Per of LIMA, LIMA. INVESTOR RELATIONS: Genaro Guerrero Daz Mercado T. +52 55 5246 37 00 Ext. 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%. EPS of $0.67 for the same period compares with $1.12 a year ago.. I'm ready to: See What's New Join the Team Find a Branch window._taboola = window._taboola || []; We expect to initiate operations in 2H23. Contact: Stacey Pavlova, CFA. This is so SCS can achieve the goals set forth for both its family of employees and customers. placement: 'Mid Article Thumbnails', Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. 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. 3Q22 Earnings Package. 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. On May 31, 2022, a group of people attacked the project mining camp, causing a fire and completely destroyed the installations. Environmental, Social & Governance (ESG) Investment. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%. Terms and Conditions Compensation data tools, salary structures, surveys and benchmarks. July 28, 2022. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. This operation will use highly cost efficient and environmentally friendly SX-EW technology. Create your Watchlist to save your favorite quotes on Nasdaq.com. Dun & Bradstreet Holdings, Inc. (NYSE: DNB) is a leading global provider of business decisioning data and analytics. These symbols will be available throughout the site during your session. The Metallurgical Complex in Sonora, where we smelt and refine material mined from the region, was recognized in the ranking of the 10 Best Places to Work for Women. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. If we include the up-and-coming Michiquillay ($2.5 billion) and Los Chancas ($2.6 billion) projects, our total investment program in Peru reflects a commitment of $7.9 billion. A wealth of resources for individual investors is available at www.zacks.com. 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. 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. 2022 Proxy Statement. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years . Do Not Sell My Personal Information (CA Residents Only). These recent revisions tend to reflect the evolving nature of short-term business trends. 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. Over the past month, the estimate has remained unchanged. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. 14 underground and open pit mines 52 smelters, refineries and other plants . Annual production is expected to total 190,000 tons of copper and 105,000 ounces of gold. _taboola.push({article:'auto', url:''}); Considering the fact that the $80.00 strike represents an approximate 3% premium 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 covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. e.async = 1; Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.82 billion, down 2.68% from the year-ago period. Within the past 30 days, our consensus EPS projection remained stagnant. In the fourth quarter of last year, the London Metal Exchange copper price increased from an average of $3.25 per pound in the fourth quarter of 2020 to $4.40, that is a 35% increase. And if earnings estimates go up for a company, the fair value for its stock goes up. 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. The average capital expenditures over the last five years have been around $1 billion. target_type: 'mix' Third Quarter Earnings Call. (obras por impuestos) mechanism. Our mission is to extract mineral resources to transform and commercialize them satisfying the market needs, fulfilling our social and environmental responsibility and maximizing the creation of value for our shareholders. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 1.1%. For Southern Copper, the consensus sales estimate for the current quarter of $2.48 billion indicates a year-over-year change of -12.2%. The base salary for Investor Relations Manager in companies like SOUTHERN COPPER CORP range from $129,787 to $183,205 with the average base salary of $161,419. In line with best practice, the Board of Directors has approved the formation of a new Sustainability Committee chaired by an independent director. 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. TOP COPPER PRODUCERS . With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. In terms of valuation, Southern Copper is currently trading at a Forward P/E ratio of 11.57. The stock outpaced the S&P 500's daily gain of. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Type a symbol or company name. Southern Copper (SCCO Quick Quote SCCO - Free Report) closed at $58.50 in the latest trading session, marking a -1.78% move from the prior day.This change was narrower than the S&P 500's 1.9% loss . View all. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. . The project has all the necessary permits and the capital budget is $413 million. southerncopper@southernperu.com.pe. The project includes an open-pit mine combining concentrator and SX-EW operations. This page shows recent SEC filings related to Southern Copper Corp. Latest The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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