By Mill Chart
Last update: Sep 7, 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.
ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.
We assign a fundamental rating of 6 out of 10 to SCCO. SCCO was compared to 152 industry peers in the Metals & Mining industry. SCCO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SCCO has a decent growth rate and is not valued too expensively.
Check the latest full fundamental report of SCCO for a complete fundamental analysis.
More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
SOUTHERN COPPER CORP
NYSE:SCCO (11/30/2023, 5:40:00 PM)
After market: 71.9325 0 (0%)71.93
+0.16 (+0.22%)
Morgan Stanley downgrades Southern Copper due to lower production guidance and increased cash costs, which may impact Grupo Mexico as well.
Copper and aluminum futures hit a two-week low after U.S.
The upgraded 81 RS Rating means Southern Copper stock topped 81% of all stocks for price performance over the past year.
Copper prices plummet to 11-month low due to China's property market woes, limited stimulus hopes, and Middle East tensions, impacting sentiment.
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Southern Copper expects a 17% jump in production in Peru, driving overall growth. Political tension and slow projects have affected output.
/CNW/ - The supply of copper, essential for a host of industries and crucial to green technology and the global energy transition, is expected to face a supply...
/PRNewswire/ - The supply of copper, essential for a host of industries and crucial to green technology and the global energy transition, is expected to face a...