Southern Copper Stock
Price
Target price
€83.64
€83.64
-0.070%
-0.06
-0.070%
€90.55
17:29 / Tradegate
WKN: A0HG1Y / Symbol: SCCO / Name: Southern Copper / Stock / Metals & Mining / Large Cap /
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Your prediction
Southern Copper Stock
There is nearly no change for the Southern Copper stock today. Compared to yesterday it only changed by -€0.060.
With 4 Buy predictions and 3 Sell predictions the community is currently undecided on Southern Copper.
As a result the target price of 90 € shows a slightly positive potential of 7.6% compared to the current price of 83.64 € for Southern Copper.
Pros and Cons of Southern Copper in the next few years
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Performance of Southern Copper vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Southern Copper | -0.070% | 1.899% | 5.416% | -16.550% | -5.616% | 46.431% | 162.095% |
| MMG Ltd. | 0.000% | 9.605% | 43.704% | - | - | - | - |
| Nucor Corp. | -0.410% | -4.458% | -0.313% | -29.505% | -8.633% | -10.697% | 189.830% |
| Vulcan Materials | -0.850% | 0.000% | -2.500% | 2.632% | -6.400% | 57.385% | 122.857% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01
Southern Copper Corporation (SCCO), a key player in the Metals & Mining sector, exhibits a financial landscape that reflects both strength and challenges. Given the company’s robust asset base and consistent revenue generation, it’s clear that Southern Copper is positioned well within the industry. However, a closer examination of its financial metrics reveals a more nuanced story, filled with opportunities for growth and potential risks that could affect its long-term sustainability.
Starting with the positive aspects of Southern Copper’s financials, several key strengths stand out.
Strong Revenue Generation: The company reported total revenue of approximately €10.5 billion in 2023, which underscores its capability to capture market share amidst competitive pressures. This figure indicates a resilient demand for its copper products, which are critical in various sectors such as construction and electronics.
Comments
Southern Copper Co. (NYSE: SCCO) had its price target lowered by analysts at UBS Group AG from $120.00 to $100.00. They now have a "buy" rating on the stock.
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Ratings data for SCCO provided by MarketBeat
Southern Copper Co. (NYSE: SCCO) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $120.00 price target on the stock.
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Ratings data for SCCO provided by MarketBeat
Hey there, copper enthusiasts! Southern Copper's been making waves lately, and I've got to say, I'm pretty excited about what I'm seeing. This mining powerhouse has been outperforming the market like a champ, with its stock price soaring nearly 19% in just a month! Talk about a golden (or should I say, copper) opportunity.
Now, I know what you're thinking - is this just a flash in the pan? But here's the thing: Southern Copper's fundamentals are looking as solid as the metals they mine. Their earnings are expected to jump by a whopping 41.8% in the current quarter, and they've been consistently beating analyst estimates. It's like they've struck a rich vein of profitability!
But wait, there's more! Their production numbers are through the roof, with copper, molybdenum, and silver all seeing significant increases. It's like they've got King Midas on their payroll, turning everything they touch into precious metals.
Sure, there are some challenges on the horizon. The Chinese real estate market's looking a bit shaky, and that could put a damper on copper demand. Plus, there's some uncertainty around their Tia Maria project. But hey, no one ever said mining was easy, right?
All in all, I'm feeling bullish about Southern Copper. With their strong production growth, improving margins, and exciting projects in the pipeline, I think they're well-positioned to keep shining bright in the metals market. Just remember, investing is like mining - you've got to dig deep and do your research before striking gold!
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