By Mill Chart
Last update: Aug 17, 2023
In this article we will dive into SOUTHERN COPPER CORP (NYSE:SCCO) as a possible candidate for quality investing. Investors should always do their own research, but we noticed SOUTHERN COPPER CORP showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.
Overall SCCO gets a fundamental rating of 6 out of 10. We evaluated SCCO against 151 industry peers in the Metals & Mining industry. SCCO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SCCO is not valued too expensively and it also shows a decent growth rate.
Our latest full fundamental report of SCCO contains the most current fundamental analsysis.
More quality stocks can be found in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
SOUTHERN COPPER CORP
NYSE:SCCO (4/26/2024, 7:15:12 PM)
After market: 117.5 +0.56 (+0.48%)116.94
+5.12 (+4.58%)
Why Quality Investors May Find SOUTHERN COPPER CORP (NYSE:SCCO) Attractive.
Copper prices now sit at their highest level in about two years, which has catapulted copper stocks to higher highs.
These copper mining stocks are well-positioned to benefit from the rise in copper prices amidst a lack of sufficient supply.
Explore Stocks to Buy as Copper Prices Skyrocket, with insights on FCX, BHP and SCCO amid market shifts and investment strategies for 2024.
Nvidia's pivot to copper cables from optical fiber in data centers signals a major increase in copper demand. That might boost copper stocks.
Copper miners see remarkable rally in March 2024 due to tight global market. Goldman Sachs predicts scarcity pricing by 2025 with significant implications.