Southern Copper Stock Intrinsic Value – Bank of New York Mellon Corp Cuts Stake in Southern Copper Co. by 4180 Shares
November 17, 2023
🌥️Trending News
Southern Copper ($NYSE:SCCO) Co. recently had 4180 shares sold by Bank of New York Mellon Corp, resulting in a decrease of its stake in the company. Southern Copper Co. is one of the world’s leading integrated copper producers, providing high-quality copper and related products and services for customers around the globe. With a long history of success, Southern Copper has established itself as one of the most reliable and competitive copper producers in the world. Its operations primarily include mining, smelting, and refining copper, which is then sold to customers in the form of concentrate, cathode, and other related products.
Southern Copper’s operations are spread across Peru, Mexico, and Chile, and its subsidiaries are also engaged in activities such as transportation, engineering, and construction services. Southern Copper is a publicly traded company listed on the New York Stock Exchange (NYSE).
Market Price
The stock opened at $70.5 and closed at $70.2, representing a decrease of 0.7% from its previous closing price of 70.7. This marked a decline in the company’s stock, but the market still awaits the future performance of the stock. 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 |
| 10.42k | 2.88k | 27.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Southern Copper. More…
| Operations | Investing | Financing |
| 4.11k | -1.29k | -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 |
| 16.96k | 9.16k | 10.02 |
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% | 20.4% | 46.7% |
| FCF Margin | ROE | ROA |
| 29.5% | 38.9% | 17.9% |
Analysis – Southern Copper Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of SOUTHERN COPPER’s wellbeing. Through our proprietary Valuation Line, we have calculated the intrinsic value of SOUTHERN COPPER’s share to be around $67.9. Currently, SOUTHERN COPPER’s stock is being traded at $70.2, which is a fair price but slightly overvalued by 3.4%. We believe that by taking into account our findings, investors will be able to make a more informed decision when considering investing in SOUTHERN COPPER. More…
Peers
The global copper industry is highly competitive, with a large number of companies vying for market share. Southern Copper Corp is one of the largest copper producers in the world, and competes against China Nonferrous Mining Corp Ltd, Hindustan Copper Ltd, and Jiangxi Copper Co Ltd, among others. The company has a long history dating back to 1902, and has a strong position in the market. Southern Copper Corp is a vertically integrated company, meaning it is involved in all aspects of the copper mining process, from exploration and development to mining, smelting, and refining. The company has a diversified portfolio of assets and operations, and is one of the lowest-cost copper producers in the world. Southern Copper Corp is well-positioned to compete in the global copper industry.
– China Nonferrous Mining Corp Ltd ($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 (SCC) is an attractive investment for those interested in the copper industry. The company produces, processes, and distributes copper and other metals. This is an indication of investors’ confidence in the company’s performance. SCC has consistently outperformed its peers in terms of profitability and dividend yields, and its long-term growth prospects remain strong. The company has a strong balance sheet, with low debt levels and high cash reserves. Its industry-leading cost structure has been a major driver of its profitability and dividend growth.
Additionally, SCC is poised to benefit from global demand for copper, as well as increased demand from electric vehicles in the short and long term.
