Southern Copper Corporation (NYSE: SCCO) kicked off on Tuesday, down -3.40% from the previous trading day, before settling in for the closing price of $102.01. Over the past 52 weeks, SCCO has traded in a range of $69.09-$128.27.
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Annual sales at Basic Materials sector company grew by 7.92% over the past five years. While this was happening, its average annual earnings per share was recorded 48.61%. With a float of $87.01 million, this company’s outstanding shares have now reached $790.40 million.
Let’s look at the performance matrix of the company that is accounted for 15810 employees. In terms of profitability, gross margin is 47.92%, operating margin of 46.74%, and the pretax margin is 44.78%.
Southern Copper Corporation (SCCO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Copper Industry. The insider ownership of Southern Copper Corporation is 88.99%, while institutional ownership is 8.45%. The most recent insider transaction that took place on Nov 19 ’24, was worth 10,472. In this transaction Director of this company sold 101 shares at a rate of $103.68, taking the stock ownership to the 2,513 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Director sold 100 for $119.50, making the entire transaction worth $11,950. This insider now owns 2,214 shares in total.
Southern Copper Corporation (SCCO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 48.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.48% during the next five years compared to 9.46% growth over the previous five years of trading.
Southern Copper Corporation (NYSE: SCCO) Trading Performance Indicators
Take a look at Southern Copper Corporation’s (SCCO) current performance indicators. Last quarter, stock had a quick ratio of 2.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.12. Likewise, its price to free cash flow for the trailing twelve months is 30.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.84, a number that is poised to hit 1.21 in the next quarter and is forecasted to reach 4.93 in one year’s time.
Technical Analysis of Southern Copper Corporation (SCCO)
Southern Copper Corporation (NYSE: SCCO) saw its 5-day average volume 1.04 million, a negative change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 24.43%. Additionally, its Average True Range was 3.12.
During the past 100 days, Southern Copper Corporation’s (SCCO) raw stochastic average was set at 25.14%, which indicates a significant increase from 1.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.02% in the past 14 days, which was higher than the 38.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.28, while its 200-day Moving Average is $106.44. Nevertheless, the first resistance level for the watch stands at $100.60 in the near term. At $102.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $103.82. If the price goes on to break the first support level at $97.38, it is likely to go to the next support level at $96.23. Assuming the price breaks the second support level, the third support level stands at $94.16.
Southern Copper Corporation (NYSE: SCCO) Key Stats
The company with the Market Capitalisation of 77.89 billion has total of 785,540K Shares Outstanding. Its annual sales at the moment are 9,896 M in contrast with the sum of 2,425 M annual income. Company’s last quarter sales were recorded 2,931 M and last quarter income was 896,700 K.
