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铜矿概念股涨跌各异,Ero跌3.57%,美国铜指数基金跌1.4%,南方铜业公司和自由港跌超1%,铜矿ETF跌0.7%,McEwen矿业跌0.1%,Hudbay矿业则涨0.57%。美国铜行业的主要玩家们向总统特朗普建议,应该限制矿石和精炼铜的出口,而不是加征进口关税。
news flash· 2025-04-15 17:21
美国铜行业的主要玩家们向总统特朗普建议,应该限制矿石和精炼铜的出口,而不是加征进口关税。 铜矿概念股涨跌各异,Ero跌3.57%,美国铜指数基金跌1.4%,南方铜业公司和自由港跌超1%,铜矿 ETF跌0.7%,McEwen矿业跌0.1%,Hudbay矿业则涨0.57%。 ...
Why Southern Copper (SCCO) is a Top Growth Stock for the Long-Term
ZACKS· 2025-04-15 14:45
Group 1: Zacks Premium Overview - Zacks Premium offers various tools to help investors become more confident and informed, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The service includes access to Zacks Style Scores, which are designed to assist investors in selecting stocks with the highest potential to outperform the market [2] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, with ratings ranging from A to F, where A indicates the highest potential for outperformance [3] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E and Price/Sales [4] - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings and cash flow [5] - The Momentum Score helps investors capitalize on price trends, using factors like recent price changes and earnings estimate revisions [6] Group 3: VGM Score and Zacks Rank - The VGM Score combines the three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, strong growth forecasts, and positive momentum [6] - The Zacks Rank, based on earnings estimate revisions, has shown significant success, with 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988, outperforming the S&P 500 [8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Group 4: Southern Copper Corporation (SCCO) - Southern Copper Corporation, based in Phoenix, AZ, is involved in mining, exploring, smelting, and refining copper and other minerals across several countries [11] - SCCO currently holds a 3 (Hold) rating on the Zacks Rank and has a VGM Score of B, indicating potential for growth [11] - The company is projected to achieve a year-over-year earnings growth of 6.2% for the current fiscal year, with upward revisions in earnings estimates from analysts [12] - The Zacks Consensus Estimate for SCCO's earnings has increased by $0.03 to $4.60 per share, with an average earnings surprise of 7.9% [12]
Is Most-Watched Stock Southern Copper Corporation (SCCO) Worth Betting on Now?
ZACKS· 2025-04-11 14:05
Southern Copper (SCCO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this miner have returned -11.4%, compared to the Zacks S&P 500 composite's -6.1% change. During this period, the Zacks Mining - Non Ferrous industry, which Southern Copper falls in, has lost 14.1%. The key question now is: What could be the stock's future direction ...
Southern Copper (SCCO) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2025-03-28 14:50
Company Overview - Southern Copper Corporation (SCCO) is engaged in mining, exploring, smelting, and refining copper and other minerals, with exploration activities in Argentina, Chile, Ecuador, Mexico, and Peru [12]. Zacks Rank and Style Scores - SCCO currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a moderate investment potential [12]. - The company has a Momentum Style Score of A, with shares increasing by 7% over the past four weeks, suggesting strong short-term performance [12][13]. Earnings Estimates - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.08 to $4.63 per share [13]. - SCCO has an average earnings surprise of 7.9%, indicating a history of exceeding earnings expectations [13].
Southern Copper (SCCO) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-03-27 22:51
Southern Copper (SCCO) closed the most recent trading day at $96.84, moving -0.88% from the previous trading session. This change lagged the S&P 500's 0.33% loss on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.53%.Heading into today, shares of the miner had gained 4.77% over the past month, outpacing the Basic Materials sector's gain of 0.7% and the S&P 500's loss of 4.03% in that time.Investors will be eagerly watching for the performance of Southern Copper in its upcomin ...
Southern Copper (SCCO) Rises Higher Than Market: Key Facts
ZACKS· 2025-03-21 22:46
In the latest market close, Southern Copper (SCCO) reached $100.41, with a +1.2% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw an increase of 0.52%.Heading into today, shares of the miner had gained 1.43% over the past month, outpacing the Basic Materials sector's loss of 1.45% and the S&P 500's loss of 7.33% in that time.The investment community will b ...
Why Is Southern Copper (SCCO) Down 5.6% Since Last Earnings Report?
ZACKS· 2025-03-14 16:35
It has been about a month since the last earnings report for Southern Copper (SCCO) . Shares have lost about 5.6% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Southern Copper due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Th ...
SCC(SCCO) - 2024 Q4 - Annual Report
2025-03-03 16:18
Financial Performance - In 2024, net sales reached a record high of $11,433.4 million, reflecting a 15.5% increase compared to 2023, driven by higher prices for copper (+7.8%), silver (+20.7%), and zinc (+5.0%), along with increased sales volumes of copper (+5.5%), molybdenum (+7.9%), silver (+15.7%), and zinc (+44.6%) [660]. - Operating income for 2024 was $5,554.7 million, an increase of 32.5% compared to 2023, while net income attributable to the company was $3,376.8 million, up 39.2% from the previous year [659]. - The company reported a 10.5% increase in copper sales volumes, alongside a 33.4% increase in molybdenum sales volumes in 2024 compared to 2023 [675]. - Net income for 2024 was $3,388.6 million, representing 76.6% of the net operating cash flow [690]. - Operating costs and expenses rose to $5,878.7 million in 2024, an increase of $175.2 million from $5,703.5 million in 2023, primarily due to higher labor costs and repair materials [666]. Employee Development and Safety - In 2024, the company invested over $4.8 million in employee development, delivering more than 646,000 hours of formal instruction [41]. - The company’s retention rate is around 90%, with more than 48% of positions filled by internal employees [53]. - Southern Copper Corporation achieved a 28% reduction in employee accidents involving lost-time injuries in 2024 compared to 2023 [610]. - The company has implemented a Behavioral Safety Program to promote safe practices among employees, aiming to reduce accident rates [619]. Community and Environmental Initiatives - The company has made significant expenditures for community programs as part of its corporate social responsibility policy, promoting sustainable development in local areas [56]. - Renewable energy consumption increased from 23% to 36% in 2023, surpassing the 2027 target of 25% [635]. - The Fenicias wind park is expected to reduce CO2 emissions by approximately 250,000 tonnes per year, equivalent to 7% of the company's carbon footprint [634]. - The company is committed to improving biodiversity, receiving certification for efforts to prevent the extinction of the Mexican grey wolf [625]. Capital Investments and Projects - Capital investments in 2024 totaled $1,027.3 million, with $756.0 million allocated to Mexican operations and $271.3 million to Peruvian operations [690]. - The Tia Maria project in Arequipa, Peru, has a budget set at $1,802 million and is expected to generate $17.5 billion in exports and contribute $3.4 billion in taxes and royalties over the first 20 years of operation [598]. - The company plans to invest more than $600 million in 2025 for modernization and improvements in water usage and tailings management [592]. - The company has engaged in project development and environmental activities for the El Pilar project, which is expected to have a mine life of 13 years [595]. Market and Pricing Trends - The average per pound COMEX copper price over the last 5 years was $3.83, while the average LME copper price was $3.81 [37]. - The average copper price (LME) in 2024 was $4.15 per pound, a 7.8% increase from 2023, while the average molybdenum price decreased by 10.6% to $21.21 per pound [661]. - The average price per pound of zinc over the last 5 years was $1.29 [39]. Labor Relations - As of December 31, 2024, the company had 16,133 employees, with approximately 66% covered by collective labor agreements [40]. - In 2024, the company signed long-term extensions of collective bargaining agreements with five unions, lasting six years, and made a signing payment totaling approximately $62 million to over 2,000 workers [67]. - As of December 31, 2024, 56.9% of the 5,120 employees in Peru were unionized, with six separate unions representing them [64]. Financial Management and Debt - Total debt as of December 31, 2024, was $6,258.3 million, slightly up from $6,254.6 million in 2023, with a fixed interest rate of 5.82% [698]. - The company expects to meet cash requirements for 2025 and beyond from cash on hand and internally generated funds, with the ability to access additional external financing if needed [694]. - The company received orders for $3.5 billion during a recent marketing effort, indicating strong demand for its debt offerings [700].
Southern Copper (SCCO) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-02-28 23:51
Company Performance - Southern Copper (SCCO) closed at $88.93, down 1.72% from the previous trading session, underperforming the S&P 500 which gained 1.59% [1] - Over the past month, shares of Southern Copper have decreased by 2.33%, compared to a loss of 0.27% in the Basic Materials sector and a loss of 2.42% in the S&P 500 [1] Upcoming Financial Results - Southern Copper is expected to report an EPS of $1.26, reflecting a growth of 34.04% year-over-year [2] - Revenue is projected to be $2.68 billion, indicating a 3.22% increase compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are estimated at $4.66 per share and revenue at $11.55 billion, representing increases of 7.62% and 1.03% respectively from the prior year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Southern Copper suggest a changing business landscape, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Southern Copper at 3 (Hold) [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 19.41, which is higher than the industry average of 15.66 [7] - The company holds a PEG ratio of 1.76, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.79 [7] Industry Context - The Mining - Non Ferrous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [8]
Here's Why Southern Copper (SCCO) is a Strong Momentum Stock
ZACKS· 2025-02-14 15:51
Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores offer a unique rating system for stocks based on value, growth, and momentum [3][4] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales [4] - Growth Score focuses on a company's financial health and future outlook [5] - Momentum Score helps investors capitalize on price trends [6] - VGM Score combines all three styles to find stocks with the best overall potential [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection [8] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500 with an average annual return of +25.41% since 1988 [9] - A total of over 800 stocks are rated, making it essential to use Style Scores for optimal selection [10] Stock Example: Southern Copper Corporation (SCCO) - Southern Copper Corporation is engaged in mining and refining copper and other minerals across several countries [12] - SCCO holds a 3 (Hold) rating with a VGM Score of B and a Momentum Style Score of B [12] - Recent upward revisions in earnings estimates indicate a consensus estimate of $4.62 per share for fiscal 2025, with an average earnings surprise of 7.9% [13]