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 (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.