By Mill Chart
Last update: Dec 22, 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 employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.
We assign a fundamental rating of 7 out of 10 to SCCO. SCCO was compared to 155 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 has a decent growth rate and is not valued too expensively. These ratings could make SCCO a good candidate for quality investing.
For an up to date full fundamental analysis you can check the fundamental report of SCCO
Our Caviar Cruise screen will find you more ideas suited for quality investing.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
SOUTHERN COPPER CORP
NYSE:SCCO (4/19/2024, 7:15:15 PM)
After market: 113 -0.43 (-0.38%)113.43
-1.91 (-1.66%)
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.
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