Southern Copper Corp. (NYSE:SCCO) moved down -1.63% and closed its last trading session at $36.85. This Basic Materials Sector stock currently has the Market Capitalization of 29.01 Billion. The Average Volume for the stock is measured as 1.16 Million. The Stock has a 52-Week High of $39.5 and 52-Week Low of $23.8 following the dates, it touched its 52-Week High on Feb 10, 2017 and 52-Week Low on Feb 29, 2016. Currently, the Return on Assets value for the trailing twelve months is 6% with the Return on Equity and Return on Investment of 13.8% and 9% respectively. This firm currently has YTD (year to date) performance of 15.62 Percent which is awesome. The Short Ratio for the stock is 7.21.
Southern Copper Corp. (NYSE:SCCO) Price to Earnings (P/E) ratio is 36.7. EPS or Earning per Share stands at $1. The TTM operating margin is 29.1 percent.
Southern Copper Corp. (NYSE:SCCO) reports its Earnings on Tomorrow. The estimated EPS for the current quarter is said to be $0.35. Following Earnings result, share price were DOWN 14 times out of last 24 Qtrs. The stock has added about 34% since it reported its last earnings. The Closing price of Southern Copper Corp. (NYSE:SCCO) at Last Earnings was $27.96 as compared to the previous closing price of $37.46. The Predicted Move on the 7th day after Southern Copper Corp. (NYSE:SCCO) will release its earnings at about 4%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Southern Copper Corp. (NYSE:SCCO) beats earnings by 45%, The Stock Missed Earnings 6 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
Southern Copper Corp. (NYSE:SCCO) reported its previous quarter on 11/08/2016 where it reported the Actual Earnings of $0.22. The Closing price before the company posted its earnings was $27.96. The Stock surged on the very next day of earnings and maintained its stock price at $28.79 by showing a % change of 2.97 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.43 Million. On the 7th day After Earnings Report, the stock hit its share price as $33.12 by showing 18.45% increase from the Stock price Before Earnings were reported.
On 07/25/2016, the stock reported the EPS of $0.26 where Analysts were projecting the EPS to be $0.31 showing a difference of $-0.05. Thus Surprise Factor was there with -16.1 percent. Before Earnings Announcement on 07/25/2016, the firm had its stock price of $26.09. And immediately on the next day after earnings announcement, the stock inclined 1.38% and closed its trading session at $26.45. On 7th Day after earnings release, Southern Copper Corp. (NYSE:SCCO) dropped to -2.91% from $26.09 to $25.33.
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as molybdenum concentrate, refined silver, gold, and other materials. It operates the Toquepala, Cuajone, La Caridad, and Buenavista mine complexes, as well as the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other materials. The company also operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 77,799 hectares of exploration concessions in Peru; 145,720 hectares of exploration concessions in Mexico; 159,831 hectares of exploration concessions in Argentina; 40,758 hectares of exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.