southern copper corporation investor relations
Investor Relations Southern Copper Corp SCCO Dividends . 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. 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. Michiquillay is a world class mining project with inferred mineral resources of 2,288 million tons with an estimated copper grade of 0.43%. These symbols will be available throughout the site during your session. Several years back, we began to acquire the rights to all relevant mining concessions in the area; this process was completed in 2020. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. SOUTHERN COPPER CORP Investor Relations Manager, Analyst, Investor Services | PGIM Real Estate (Hybrid), Senior Manager External Communications, Florham Park, NJ, Entry Level Assistant Manager Needed for New Office Expansion, Associate Marketing Manager, Corporate Sector & Strategic Products, Investor Relations Manager Salaries with a Bachelor's Degree, Investor Relations Manager Salaries with a Master's Degree or MBA, Investor Relations Manager Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. 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. The dividend payout ratio for SCCO is: 60.06% based on the trailing year of earnings 65.79% based on this year's estimates 65.79% based on next year's estimates 36.78% based on cash flow This page (NYSE:SCCO) was last updated on 1/15/2023 MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free TOP COPPER PRODUCERS . Our quarterly financial results have been impacted by some unusual circumstances. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Fintel is a registered trademark. 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. Compare SCCO With Other Stocks From: To: Zoom: 0 20 40 60 Stock Price 0 1 2 3 4 TTM Dividend Payout Today, that discovery is still the heart of the Zacks Rank. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Investor Relations: Raul Jacob. Zacks->. Manager of Financial Planning and Investor Relations: Andres Carlos Ferrero Ghislieri: General Counsel: Latest SEC Filings. de C.V., Productos Principales: Cobre, Molibdeno, Plata y Zinc. The estimated capital investment is $2,600 million and the project is expected to begin operating in 2027. Southern Copper's Quality Management System offers support in improving the business practices employed. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Copper Mountain's flagship asset is the 75% owned opper Mountain Mine located in southern ritish olumbia . Southern Copper (SCCO) has recently been on Zacks.com's list of the most searched stocks. 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. It is also important to note the recent changes to analyst estimates for Southern Copper. Southern Copper Corporation (NYSE and LSE: SCCO) conducted its 3Q-2022 conference call with the financial community on Wednesday, October 28, 2022, Southern Copper Corporation (NYSE and LSE: SCCO) will conduct its 3Q-2022 conference call with the financial community on Wednesday, October 28, 2022, Good morning, and welcome to Southern Copper Corporations second quarter 2022 Results Conference Call. If you require advice in relation to any financial matter you should consult an appropriate professional. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%. 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 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. Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and . Given the importance of water for our operations and in the broader perspective of climate change, the Company recently appointed a Water Resources Director at the executive level, whose main function will be to coordinate the actions needed to promote water management at all our operations and ensure our place as a responsible partner in the regional management of this valuable resource. MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. Investor Relations: Raul Jacob. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. 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. Today, you can download 7 Best Stocks for the Next 30 Days. 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. The Mining - Non Ferrous industry is part of the Basic Materials sector. Shares of this miner have returned +26.4% over the past month versus the Zacks S&P 500 composite's no change. 2021 Annual Report PDF. For Southern Copper, the consensus sales estimate for the current quarter of $2.48 billion indicates a year-over-year change of -12.2%. Copy and paste multiple symbols separated by spaces. The dam will have a total capacity of 73 million cubic meters, of which the Company will use a maximum of 10 million cubic meters. Investor Relations Southern Copper Corp PCU Stock Quote Morningstar Rating . . Click the button below to request a report when hardcopies become available. The project includes an open-pit mine combining concentrator and SX-EW operations. We reiterate our view that the initiation of construction activities at Tia Maria will generate significant economic opportunities for the Islay province and the Arequipa region. July 28, 2022. 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 . 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. As part of this plan, the Company has established venues of contact with the local and regional authorities and communities to promote programs for sustainable development in the area. de C.V." Productos Principales: Cobre, Molibdeno, Plata y Zinc (obras por impuestos) mechanism. EST (9:00 AM Lima and Mexico City time). Buenavista Zinc ? 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. As of today, these illegal miners are working in the zone. The Zacks Mining - Non Ferrous industry, to which Southern Copper belongs, has gained 17.8% over this period. To an investor already interested in purchasing shares of SCCO, that could represent an attractive alternative to paying $77.66/share today. With us this morning, we have Southern Copper Corporation, Mr. Raul Jacob, Vice President, Finance, Treasurer and CFO, who will discuss, Southern Copper Corporation (NYSE and LSE: SCCO) will conduct its 2Q-2022 conference call with the financial community on Wednesday, July 26, 2022, FOLLOW US ON OUR SOCIAL NETWORKSLEGAL | CONTACT US, SITE MAP - SUPPLIERS - JOB OPPORTUNITIES - PRESS RELEASESSUBSCRIBE AND RECEIVE OUR PRESS RELEASES | COPYRIGHT 2020 GRUPO MXICO |. Meanwhile, SCCO's PEG ratio is currently 1.4. 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. A new 25-meter wide off-road facility for mining trucks has been built and will be used to transport the ore from the pit to the primary crushers at the La Caridad copper concentrator. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. 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 mission is to deliver a global network of trust, enabling clients to transform uncertainty into confidence, risk into opportunity and potential into prosperity. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The project has all the necessary permits and the capital budget is $413 million. Basic engineering study is finished and the Company continues developing the project and site environmental activities. Written by 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. Free: See Our Top Stock and 4 Runners Up >>, Southern Copper Corporation (SCCO): Free Stock Analysis Report. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. BNK Invest->. 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 . Research indicates that these estimate revisions are directly correlated with near-term share price momentum. In that report, analysts expect Southern Copper to post earnings of $1.08 per share. 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. If you experience any issues with this process, please contact us for further assistance. In that report, analysts expect Southern Copper to post earnings of $0.79 per share. in a fast changing market we have the experience to adapt to our customers needs. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Investor Relations Manager in Temple, TX. . In 2021, SPCC fortified its relation with the regional government and successfully overcame its opposition to project initiation. Our strong financial position, low cash cost, operating costs efficiency programs and our significant copper reserve will help us weather both current and eventual circumstances. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. Webcast. SOUTHERN COPPER CORPORATION - Minera Mxico - Southern Peru ASARCO (USA) MINERA LOS FRAILES (Spain) OPERATIONS. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). This marks the Company's first full year as an operating gold producer after . With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. View Presentation. 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. Written by As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Southern Copper : Second quarter and six months result 2022 07/27/2022 | 11:24am EST RESULTS S ECOND Q UARTER AND S IX M ONTHS 2022 Investor Relations: Raul Jacob Victor Pedraglio + (602) 264-1375 southerncopper@southernperu.com.pe www.southerncoppercorp.com July 26, 2022 Southern Copper Corporation (NYSE and BVL: SCCO) 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. Over the last 30 days, this estimate has remained unchanged. These recent revisions tend to reflect the evolving nature of short-term business trends. 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. Within the past 30 days, our consensus EPS projection remained stagnant. Southern Copper today. The EPS surprise was +21.82%. 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. 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. 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. and a cash cost after by-product credits of USD0.69/lb during the first nine months of 2020. Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. 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. COMEX; Gold and Zinc ? SCC seeks sustainability by managing different fronts. Company Southern Copper Corporation is an integrated copper producer. 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. 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. 875 Yeager Parkway Pelham, Alabama 35124. OIL, CONSTRUCTION, ENERGY, . Southern Copper is still located on the same property that was purchased in 1989. A high-level overview of Southern Copper Corporation (SCCO) stock. 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). At the end of June the project has all the required permits for exploration activities. All rights reserved. 3885 This industry currently has a Zacks Industry Rank of 38, which puts it in the top 16% of all 250+ industries. On May 31, 2022, a group of people attacked the project mining camp, causing a fire and completely destroyed the installations. We are a world-class mining-metallurgical company, producer of copper and other valuable byproducts. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Historical dividend payout and yield for Southern Copper (SCCO) since 1998. ? 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. 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. Source: SCCO Investor Relations. In that same time, the Basic Materials sector lost 25.75%, while the S&P 500 lost 6.59%. 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. For comparison, its industry has an average Forward P/E of 15.06, which means Southern Copper is trading at a premium to the group. In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day. Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. 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. The company's low-cost position on the . Our current portfolio for approved projects in Peru totals $2.8 billion, $1.6 billion of which has already been invested. 8-K - Results of Operations and Financial Condition, Source: Silver ? 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. Our research shows that the top 50 % rated industries outperform the bottom half by a factor of 2 1... Note that Southern Copper as it approaches its Next earnings release the Zacks mining - Non industry! Hoping for strength from Southern Copper belongs, has gained 17.8 % this... 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