Investors in Southern Copper Corporation (SCCO) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It ...

Southern Copper (SCCO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this miner have returned -16.6% over the past month versus the Zacks S&P 500 composite's -6.5% change. The Zacks Mining - Non Ferrous industry, to which Southern Copper belongs, has lost 19.8% over this period. Now the key question is: Where could the stock be headed in the near term? While media r ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-14066 Graphic SOUTHERN COPPER CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-3849074 (Stat ...

Energy Metals News Commentary Issued on behalf of Usha Resources Ltd. VANCOUVER, BC, Aug. 1, 2024 /PRNewswire/ -- Energy Metals News – At the beginning of 2024, Forbes was reporting on a showdown between the United States and China over a dwindling copper supply, as prices soared. Now with the rise of artificial intelligence (AI), the tech sector is getting hungrier for more copper, with AI recently helping to find millions of tons of it in Zambia. Despite a small price slump over the last few months, there ...

Operating profit was $1.6 billion, reflecting a 78.5% year-over-year improvement. The operating margin was 51.5% compared with 39.1% in the year-ago quarter. Adjusted EBITDA jumped 61% year over year to $1.8 billion. Adjusted EBITDA margin was 57.6%, a 914-basis point expansion from the year-ago quarter's margin of 48.5%. Zinc: The company's zinc production surged 73% year over year to 29,419 tons attributed to the contribution from the new Buenavista zinc concentrator. Zinc sales surged 78% year over year ...

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), priceto-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and ...

Southern Copper (SCCO) closed the latest trading day at $105.69, indicating a +0.75% change from the previous session's end. This change outpaced the S&P 500's 0.16% loss on the day. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.06%. Investors will be eagerly watching for the performance of Southern Copper in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.15, reflecting a 64.29% increase from the same ...

Southern Copper Corporation (NYSE:SCCO) Q2 2024 Earnings Conference Call July 22, 2024 11:00 AM ET Company Participants Raul Jacob - VP Finance, Treasurer and CFO Conference Call Participants Carlos de Alba - Morgan Stanley Marcio Farid - Goldman Sachs Alejandro Demichelis - Jefferies Sofia Martin - GBM Hernan Kisluk - MetLife Alfonso Salazar - Scotiabank Myles Allsop - UBS Jonathan Brandt - HSBC David Feng - CICC Operator Good morning, and welcome to Southern Copper Corporation's Second Quarter and Six Mon ...

Exhibit 99.1 | --- | --- | |------------------------------------|-------| | | | | Raul Jacob | ● | | Victor Pedraglio | | | +(602) 264-1375 | | | | | | | | | southerncopper@southernperu.com.pe | | | www.southerncoppercorp.com | | | | | | | | 2Q24 net sales were $3,118.3 million, which represented growth of 35.5% with regard to 2Q23. Expansion was primarily fueled by an increase in the sales volumes of copper (+5.5%), molybdenum (+21.4%), silver (+31.6%) and zinc (+78.1%) as well as by an increase in metal p ...

The most recent trading session ended with Southern Copper (SCCO) standing at $109.89, reflecting a -1.71% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.39% loss on the day. Elsewhere, the Dow gained 0.6%, while the tech-heavy Nasdaq lost 2.77%. The miner's shares have seen an increase of 3.51% over the last month, surpassing the Basic Materials sector's gain of 2.27% and falling behind the S&P 500's gain of 4.43%. In terms of the entire fiscal year, the Zacks Consensus ...