After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
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Stocks Info
SCCO belongs to the Basic Materials sector of the NYSE while operating in the Copper industry. At the end of the last regular session, the stock closed at $82.36 and fluctuated between $83.14 as its day high and $81.93 as its day low. The current market capitalization of Southern Copper Corporation is $63.67B. A total of 0.58 million shares were traded on the day, compared to an average of 1.02M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SCCO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 5 SELLs from insiders. Insiders purchased 12,000 shares during that period but sold 4,400.
In the most recent transaction, Castillo Sanchez Mejorada Enri sold 2,400 shares of SCCO for 81.56 per share on Aug 14. After the transaction, the Director now owns 3,200 company shares. In a previous transaction on Jul 31, PALOMINO BONILLA LUIS MIGUEL sold 500 shares at 87.11 per share. SCCO shares that Director owns now total 5,414.
Among the insiders who sold shares, PALOMINO BONILLA LUIS MIGUEL disposed of 500 shares on Jun 12 at a per-share price of $70.21. This resulted in the Director holding 5,514 shares of SCCO after the transaction. In another insider transaction, PALOMINO BONILLA LUIS MIGUEL sold 500 shares at $78.50 per share on May 08. Company shares held by the Director now total 6,014.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Southern Copper Corporation pays an annual dividend of $3.80, resulting in a dividend yield of 4.61%, and it has a price to earnings (P/E) ratio of 26.25. SCCO’s most recent ex-dividend date was 2/12/2024 when it declared a $0.80 quarterly dividend that was paid in cash on 2/29/2024. Previously, the company paid the dividend on 11/22/2023 with an ex-dividend date of 11/7/2023. The SCCO stock dividend was $1.00 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SCCO in the last 3 months, the mean price target is $68.36 with high estimates of $93.00 and low estimates of $47.00. In terms of 52-week highs and lows, SCCO has a high of $88.40 and a low of $64.66.
As of this writing, SCCO has an earnings estimate of $ProShares UltraShort Bloomberg per share for the current quarter. EPS was calculated based on a consensus of Cisco Systems, Inc. estimates, with a high estimate of $Hilton Small-MidCap Opportunity per share and a lower estimate of $Southern Copper Corporation.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SCCO’s latest balance sheet shows that the firm has $3.49B in Cash & Short Term Investments as of fiscal 2021. There were $7.46B in debt and $2.25B in liabilities at the time. Its Book Value Per Share was $9.60, while its Total Shareholder’s Equity was $8.21B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SCCO is Buy with a score of 1.78.
