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In the latest session, Southern Copper Corporation (NYSE: SCCO) closed at $100.86 down -4.54% from its previous closing price of $105.66. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 0.93 million shares were traded. SCCO stock price reached its highest trading level at $103.2 during the session, while it also had its lowest trading level at $100.79.
Ratios:
For a deeper understanding of Southern Copper Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.87. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 26 ’24 when PALOMINO BONILLA LUIS MIGUEL sold 100 shares for $105.13 per share. The transaction valued at 10,513 led to the insider holds 2,414 shares of the business.
PALOMINO BONILLA LUIS MIGUEL sold 100 shares of SCCO for $9,960 on Aug 08 ’24. The Director now owns 2,514 shares after completing the transaction at $99.60 per share. On Jun 12 ’24, another insider, PALOMINO BONILLA LUIS MIGUEL, who serves as the Director of the company, sold 100 shares for $110.00 each. As a result, the insider received 11,000 and left with 2,114 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 82999508992 and an Enterprise Value of 84094132224. As of this moment, Southern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.76, and their Forward P/E ratio for the next fiscal year is 20.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.53 while its Price-to-Book (P/B) ratio in mrq is 9.33. Its current Enterprise Value per Revenue stands at 7.994 whereas that against EBITDA is 15.086.
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 -4.84%, while the 200-Day Moving Average is calculated to be 4.63%.
Shares Statistics:
For the past three months, SCCO has traded an average of 1.13M shares per day and 871350 over the past ten days. A total of 785.53M shares are outstanding, with a floating share count of 86.47M. Insiders hold about 88.99% of the company’s shares, while institutions hold 8.92% stake in the company. Shares short for SCCO as of 1723680000 were 6233374 with a Short Ratio of 5.50, compared to 1721001600 on 6689345. Therefore, it implies a Short% of Shares Outstanding of 6233374 and a Short% of Float of 7.21.
Dividends & Splits
According to the company, the forward annual dividend rate for SCCO is 2.40, from 2.764 in the trailing year. Against a Trailing Annual Dividend Yield of 0.026159378The stock’s 5-year Average Dividend Yield is 4.53.
