Southern Copper Intrinsic Stock Value – Alternative to Southern Copper: Consider Zijin Mining!
June 21, 2023
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Southern Copper ($NYSE:SCCO) Corporation is a mining company that produces copper, molybdenum, zinc, silver, and gold. It operates several mines in Mexico, Peru, and Chile, and is one of the world’s largest copper producers. Southern Copper Corporation is traded on the New York Stock Exchange (NYSE). As an alternative to Southern Copper, investors may want to consider Zijin Mining Group, a Chinese-based mining company. Zijin Mining is the largest gold producer and one of the largest copper producers in China. Zijin Mining also produces other minerals such as iron ore, lead, and zinc. The company is listed on both the Hong Kong and Shanghai stock exchanges. Zijin Mining offers investors the potential for substantial gains through its strong operational performance and significant exposure to commodities markets.
In addition, Zijin Mining has a diversified portfolio of assets that span several countries and regions. This diversification helps to reduce risk and reduce exposure to single-country economic events. Zijin Mining also has a strong balance sheet and solid cash flow. For investors looking for an alternative to Southern Copper, Zijin Mining could be a compelling option. With its strong operational performance, diversified asset portfolio, and strong financials, investors may find Zijin Mining an attractive option for their portfolio.
Price History
Southern Copper experienced a 3.9% drop in stock price on Tuesday when it opened at $68.4 and closed at $66.7, compared to the closing price of $69.4 the day before. This is an indication that investors are looking for alternative options. One such option is Zijin Mining, which is the largest gold producer in China and the largest copper producer and second-largest gold producer in the world. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Southern Copper. More…
| Total Revenues | Net Income | Net Margin |
| 10.08k | 2.67k | 26.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Southern Copper. More…
| Operations | Investing | Financing |
| 3.17k | -712.3 | -3.01k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Southern Copper. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.32k | 9.13k | 10.51 |
Key Ratios Snapshot
Some of the financial key ratios for Southern Copper are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.6% | 18.5% | 44.5% |
| FCF Margin | ROE | ROA |
| 21.7% | 34.6% | 16.2% |
Analysis – Southern Copper Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of SOUTHERN COPPER‘s finances. Based on our proprietary Valuation Line, our estimate of the fair value of SOUTHERN COPPER’s share is around $63.4. However, the current market price of SOUTHERN COPPER stock is $66.7, which we consider to be a fair-price overvalued by 5.1%. More…
Peers
The global copper industry is highly competitive, with a large number of companies vying for market share. Southern Copper Corp is one of the largest copper producers in the world, and competes against China Nonferrous Mining Corp Ltd, Hindustan Copper Ltd, and Jiangxi Copper Co Ltd, among others. The company has a long history dating back to 1902, and has a strong position in the market. Southern Copper Corp is a vertically integrated company, meaning it is involved in all aspects of the copper mining process, from exploration and development to mining, smelting, and refining. The company has a diversified portfolio of assets and operations, and is one of the lowest-cost copper producers in the world. Southern Copper Corp is well-positioned to compete in the global copper industry.
– China Nonferrous Mining Corp Ltd ($SEHK:01258)
The company’s market cap is 11.67B as of 2022, a Return on Equity of 29.54%. The company is engaged in the business of nonferrous metals mining and operates a number of mines in China. It is also engaged in the smelting and refining of nonferrous metals. The company’s products include copper, aluminum, lead, zinc, nickel, tin, and precious metals.
– Hindustan Copper Ltd ($BSE:513599)
Hindustan Copper Ltd is an Indian copper mining company with a market cap of 103.42B as of 2022. The company has a Return on Equity of 13.71%. Hindustan Copper Ltd is engaged in the business of copper mining, smelting, and refining. The company has mines in Jharkhand and Rajasthan, and a plant in Gujarat. The company produces copper cathodes, copper rods, and copper wire. Hindustan Copper Ltd also produces gold and silver.
– Jiangxi Copper Co Ltd ($SHSE:600362)
Jiangxi Copper Co Ltd is a Chinese company that produces and supplies copper. The company has a market cap of 44.09B as of 2022. The company’s Return on Equity is 8.5%. Jiangxi Copper Co Ltd produces copper cathodes, copper rods, and copper wire. The company also produces gold, silver, and other metals. Jiangxi Copper Co Ltd is headquartered in Jiangxi Province, China.
Summary
Southern Copper Corporation is a mining company that specializes in the extraction and production of copper, as well as other related metals. Its main operations are located in Peru, Mexico, and Chile, with additional projects in Arizona. Analysts have also commended its steady dividend payouts. Additionally, the company faces environmental risks due to its operations and has been accused of human rights violations in the past, so potential investors should research these issues before investing.
