By Mill Chart
Last update: Apr 5, 2024
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 utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
We assign a fundamental rating of 6 out of 10 to SCCO. SCCO was compared to 156 industry peers in the Metals & Mining industry. SCCO gets an excellent profitability rating and is at the same time showing great financial health properties. SCCO is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, SCCO could be worth investigating further for quality investing!.
For an up to date full fundamental analysis you can check the fundamental report of SCCO
More ideas for quality investing can be found on ChartMill 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 (4/29/2024, 3:00:31 PM)
After market: 120.85 0 (0%)120.85
+3.91 (+3.34%)
SCCO stock results show that Southern Copper beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
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.
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