Southern CopperSCCO
About: Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.
Employees: 15,810
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
73% more repeat investments, than reductions
Existing positions increased: 321 | Existing positions reduced: 186
34% more call options, than puts
Call options by funds: $147M | Put options by funds: $110M
1% more capital invested
Capital invested by funds: $7.38B [Q2] → $7.49B (+$107M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
0% less funds holding
Funds holding: 608 [Q2] → 607 (-1) [Q3]
0.51% less ownership
Funds ownership: 8.77% [Q2] → 8.26% (-0.51%) [Q3]
1% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 71
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Scotiabank Alfonso Salazar 100% 1-year accuracy 3 / 3 met price target | 44%downside $52 | Sector Underperform Maintained | 15 Oct 2024 |
Citigroup Alexander Hacking 50% 1-year accuracy 5 / 10 met price target | 7%upside $99 | Sell Maintained | 2 Oct 2024 |
Financial journalist opinion
Based on 6 articles about SCCO published over the past 30 days
