Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Southern Copper Corporation (NYSE: SCCO) closed the day trading at $115.32 down -1.71% from the previous closing price of $117.33. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 0.79 million shares were traded. SCCO stock price reached its highest trading level at $115.5 during the session, while it also had its lowest trading level at $114.0.
Ratios:
For a better understanding of SCCO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.81. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on July 12, 2024, initiated with a Neutral rating and assigned the stock a target price of $120.
On April 22, 2024, HSBC Securities Downgraded its rating to Reduce which previously was Hold but kept the price unchanged to $80.
Jefferies Upgraded its Hold to Buy on March 22, 2024, whereas the target price for the stock was revised from $91 to $130.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 26 ’24 when PALOMINO BONILLA LUIS MIGUEL sold 100 shares for $119.50 per share. The transaction valued at 11,950 led to the insider holds 2,214 shares of the business.
PALOMINO BONILLA LUIS MIGUEL sold 100 shares of SCCO for $10,000 on Sep 17 ’24. The Director now owns 2,314 shares after completing the transaction at $100.00 per share. On Aug 26 ’24, another insider, PALOMINO BONILLA LUIS MIGUEL, who serves as the Director of the company, sold 100 shares for $105.13 each. As a result, the insider received 10,513 and left with 2,414 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCCO now has a Market Capitalization of 92166627328 and an Enterprise Value of 95452954624. As of this moment, Southern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.88, and their Forward P/E ratio for the next fiscal year is 24.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.61 while its Price-to-Book (P/B) ratio in mrq is 10.67. Its current Enterprise Value per Revenue stands at 9.074 whereas that against EBITDA is 17.124.
Stock Price History:
Over the past 52 weeks, SCCO has reached a high of $129.07, while it has fallen to a 52-week low of $67.84. The 50-Day Moving Average of the stock is 11.85%, while the 200-Day Moving Average is calculated to be 14.96%.
Shares Statistics:
Over the past 3-months, SCCO traded about 1.13M shares per day on average, while over the past 10 days, SCCO traded about 1299390 shares per day. A total of 785.53M shares are outstanding, with a floating share count of 86.48M. Insiders hold about 88.99% of the company’s shares, while institutions hold 8.68% stake in the company. Shares short for SCCO as of 1726185600 were 6783528 with a Short Ratio of 5.99, compared to 1723680000 on 6233374. Therefore, it implies a Short% of Shares Outstanding of 6783528 and a Short% of Float of 7.84.
Dividends & Splits
SCCO’s forward annual dividend rate is 2.40, up from 2.764 a year ago. Against a Trailing Annual Dividend Yield of 0.023557486The stock’s 5-year Average Dividend Yield is 4.46.
