Southern Copper Corporation (NYSE: SCCO) on Tuesday, soared 0.45% from the previous trading day, before settling in for the closing price of $93.46. Within the past 52 weeks, SCCO’s price has moved between $84.33 and $127.34.
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A company in the Basic Materials sector has jumped its sales by 10.49% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.35%. With a float of $87.66 million, this company’s outstanding shares have now reached $796.18 million.
In an organization with 16133 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.87%, operating margin of 48.58%, and the pretax margin is 46.86%.
Southern Copper Corporation (SCCO) Insider and Institutional Ownership
Observing investor behavior towards Copper industry stocks is more important than anything else. The insider ownership of Southern Copper Corporation is 88.99%, while institutional ownership is 8.69%. The most recent insider transaction that took place on Feb 13 ’25, was worth 9,400. In this transaction Director of this company sold 100 shares at a rate of $94.00, taking the stock ownership to the 2,813 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director sold 101 for $103.68, making the entire transaction worth $10,472. This insider now owns 2,513 shares in total.
Southern Copper Corporation (SCCO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.37% during the next five years compared to 18.14% growth over the previous five years of trading.
Southern Copper Corporation (NYSE: SCCO) Trading Performance Indicators
Southern Copper Corporation (SCCO) is currently performing well based on its current performance indicators. A quick ratio of 2.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.54. Likewise, its price to free cash flow for the trailing twelve months is 22.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.25, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 4.55 in one year’s time.
Technical Analysis of Southern Copper Corporation (SCCO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.34 million. That was inferior than the volume of 1.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.14%. Additionally, its Average True Range was 3.44.
During the past 100 days, Southern Copper Corporation’s (SCCO) raw stochastic average was set at 31.46%, which indicates a significant increase from 27.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.05% in the past 14 days, which was lower than the 33.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $94.25, while its 200-day Moving Average is $102.11. However, in the short run, Southern Copper Corporation’s stock first resistance to watch stands at $94.76. Second resistance stands at $95.65. The third major resistance level sits at $96.88. If the price goes on to break the first support level at $92.64, it is likely to go to the next support level at $91.41. The third support level lies at $90.52 if the price breaches the second support level.
Southern Copper Corporation (NYSE: SCCO) Key Stats
Market capitalization of the company is 74.75 billion based on 796,183K outstanding shares. Right now, sales total 11,433 M and income totals 3,377 M. The company made 2,784 M in profit during its latest quarter, and 793,900 K in sales during its previous quarter.
