. We have completed the engineering study. Today, that discovery is still the heart of the Zacks Rank. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. Minn., Nov. 25, 2022 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. ("Lifecore" or the "Company"), a fully integrated contract development and manufacturing organization ("CDMO"), today announced the . Net sales were also negatively impacted by the accounting adjustment of $173.5 million for a price variation on sales made and not yet collected. Investors will be hoping for strength from Southern Copper as it approaches its next earnings release. Without considering a stock's valuation, no investment decision can be efficient. 14 underground and open pit mines 52 smelters, refineries and other plants . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. When completed, this new facility will double the Company?s zinc production capacity and provide 490 direct jobs and 1,470 indirect jobs. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Our determination of the components of adjusted EBITDA is evaluated periodically based on a review of non-GAAP financial measures used by mining industry analysts. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. Of course, a lot of upside could potentially be left on the table if SCCO shares really soar, which is why looking at the trailing twelve month trading history for Southern Copper Corp, as well as studying the business fundamentals becomes important. BNK Invest for The role will interact with investors and analysts as a professional ambassador for the Group as required and take a lead role in developing the financial metrics used to present future M&A opportunities to market. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. July 28, 2022. From starting in a laundry room to a multi-building permanent location. Faraday Copper Corp. E-mail: info . The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Nevertheless, the Company believes that by increasing the water supply, it will generate more palpable benefits for local communities. For the current fiscal year, the consensus earnings estimate of $3.04 points to a change of -30.8% from the prior year. Southern Copper Corp (SCCO) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2019 . Fintel is a registered trademark. October 27, 2022. Southern Company 3Q 2022 Earnings Call. Additionally, from day one of our operations, we will generate significant contributions to revenues in the Arequipa region. Somos una empresa minero metalrgica de clase mundial, productora de cobre y otros subproductos valiosos. 8-K - Results of Operations and Financial Condition, Source: Silver ? These symbols will be available throughout the site during your session. and a cash cost after by-product credits of USD0.69/lb during the first nine months of 2020. MOST EXTENSIVE RAILROAD COVERAGE IN MEXICO AND IN TWO OF THE MOST IMPORTANT US STATES INFRASTRUCTURE. 2023 southern copper & supply company, inc. site by High Level Marketing. This index is the first of its kind in the Peruvian market and recognizes a total of 17 companies that meet high standards for environmental, social and governance management. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Should the covered call contract expire worthless, the premium would represent a 5.54% boost of extra return to the investor, or 21.74% annualized, which we refer to as the YieldBoost. Our efforts to ensure the current and long-term welfare of the population in the area of influence of the Tia Maria project were recognized by several local associations, which sent letters to the National Government to request project initiation. This measure is also used in our investment project evaluation process to determine a project?s potential contribution to our operations, its competitiveness and its relative strength in different price scenarios. Nuestra misin es extraer recursos minerales, para transformarlos y comercializarlos satisfaciendo las necesidades del mercado, cumpliendo con nuestra responsabilidad social y ambiental, y maximizando la creacin de valor para nuestros accionistas. ? EPS of $0.67 for the same period compares with $1.12 a year ago. The program included more than 26,000 meters of drilling completed in 41 drill holes at the company's MPD project in southern British Columbia. Annual production is expected to total 190,000 tons of copper and 105,000 ounces of gold. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Create your Watchlist to save your favorite quotes on Nasdaq.com. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Type a symbol or company name. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Q4 Results In the last reported quarter, Southern Copper's earnings. Vice President. _taboola.push({article:'auto', url:''}); Considering the fact that the $80.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. This distinction recognizes SCC?s responsible production of essential raw materials; environmental preservation efforts; and the economic benefits and support it provides to bolster the well-being of workers and their families. Southern Copper is holding a Zacks Rank of #1 (Strong Buy) right now. Investor Relations Southern Copper Corp SCCO Dividends . For Southern Copper, the consensus sales estimate for the current quarter of $2.48 billion indicates a year-over-year change of -12.2%. Southern Copper (SCCO) closed at $77.06 in the latest trading session, marking a +1.8% move from the prior day. Click here to see the values of some of the valuation metrics that have driven this grade. Date Type Title; Oct 31, 2022: 10-Q: Quarterly Report This company could rival or surpass other recent Zacks Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Meanwhile, our latest consensus estimate is calling for revenue of $2.48 billion, down 12.19% from the prior-year quarter. Environmental, Social & Governance (ESG) Investment. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.14 per share and revenue of $11.11 billion. The Company has made an offer to the Peruvian government to build the Paltiture dam, instead of a desalinization plant originally proposed, to provide water to both the project and the community. These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements and prospectus. Copy and paste multiple symbols separated by spaces. Michiquillay is a world class mining project with inferred mineral resources of 2,288 million tons with an estimated copper grade of 0.43%. These stocks will be looking to continue their solid performance. In 2021, the Company signed a Social Agreement with the Michiquillay and the Enca?ada Communities and, on October 1, 2021, the Peruvian Ministry of Energy and Mines approved the semi-detailed Environmental Impact Study for the project. Zacks Equity Research for This company could rival or surpass other recent Zacks Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. A wealth of resources for individual investors is available at www.zacks.com. July 28, 2022 01:00 PM ET. The measure operating cash cost per pound of copper produced net of by-product revenues is a common measure used in the copper industry to track performance and it is a useful management tool that allows us to better allocate our resources. Any recent changes to analyst estimates for Southern Copper should also be noted by investors. Mr. German Larrea, Chairman of the Board, commenting on the Company?s progress and current circumstances, said: ?We believe the economic slowdowns in the U.S., China and Europe have temporarily weakened the demand for copper and are driving reductions in current prices. Type a symbol or company name. The average salary for Chief Investor Relations Officer at companies like SOUTHERN COPPER CORP in the United States is $348,900 as of November 23, 2022, but the range typically falls between $306,800 and $404,800. Mang. You must click the activation link in order to complete your subscription. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Investor Relations: Raul Jacob Victor Pedraglio +(602) 264-1375 . The budget for Pilares is $159 million of which we have invested $80.9 million as of June 30, 2022. 2021 Annual Report. Sonora: Located 6 kilometers from La Caridad, this project consists of an open-pit mine operation with an annual production capacity of 35,000 tons of copper in concentrate. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Southern Company reports third-quarter 2022 earnings. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. | Contact Us. At the registration time, you will be provided a dial-in number and a personal confirmation PIN will be generated to access the call. After the sale, its the service that counts. Below is a chart showing SCCO's trailing twelve month trading history, with the $80.00 strike highlighted in red: !function (e, f, u) { Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. We expect to initiate operations in 2H23. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Shareowner Services Contact Written by Third Quarter Earnings Call. On May 31, 2022, a group of people attacked the project mining camp, causing a fire and completely destroyed the installations. The Southern Copper Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. I'm ready to: See What's New Join the Team Find a Branch Southern Copper Corporation is a mining company that was founded in 1952. Its copper oxide mineralization contains estimated proven and probable reserves of 317 million tons of ore with an average copper grade of 0.249%. Get the latest business insights from Dun & Bradstreet. Our current portfolio for approved projects in Peru totals $2.8 billion, $1.6 billion of which has already been invested. Terms and Conditions This company could rival or surpass other recent Zacks Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Currently . Company profile for Southern Copper Corporation (SCCO) with a description, list of executives, contact details and other key facts. The average hourly wage for an Investor Relations Administrator at companies like SOUTHERN COPPER CORP in the United States is $48 as of June 28, 2022, but the range typically falls between $40 and $56. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . Should the contract expire worthless, the premium would represent a 5.60% return on the cash commitment, or 21.99% annualized at Stock Options Channel we call this the YieldBoost. The put contract at the $75.00 strike price has a current bid of $4.20. You can find more information on all of these metrics, and much more, on Zacks.com. Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. For the current and next fiscal years, $9.71 billion and $9.44 billion estimates indicate -11.2% and -2.8% changes, respectively. The Social Agreements with the Michiquillay and the Enca?ada communities represent an opportunity to improve the quality of life of the residents of those communities via our strong social programs and backed by a solid framework for technical work at the project level. SCCO New York Stock Exchange NLS real time price CURRENCY IN USD Metals & Mining SOUTHERN COPPER CORPORATION 61.63 at close +1.24 ( +2.05%) after hours as of Jan 3, 05:39 PM EST. Create your Watchlist to save your favorite quotes on Nasdaq.com. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Copy and paste multiple symbols separated by spaces. Compare SCCO With Other Stocks From: To: Zoom: 0 20 40 60 Stock Price 0 1 2 3 4 TTM Dividend Payout Michiquillay - Cajamarca: In June 2018, Southern Copper signed a contract for the acquisition of the Michiquillay project in Cajamarca, Peru. More results. Current estimates of indicated copper mineral resources are 98 million tons of oxides with a copper content of 0.45% and 52 million tons of sulfides with a copper content of 0.59%. SCCO's industry had an average PEG ratio of 0.82 as of yesterday's close. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. BNK Invest caters to investing firms and individual investors internationally. What does an Investor Relations Manager do at companies like SOUTHERN COPPER CORP? This project will significantly improve the overall mineral ore grade (combining the 0.78% expected from Pilares with the 0.34% from La Caridad). When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. These events are important steps that will allow Southern Copper to initiate an in-depth exploration program in the third quarter of 2022. In 2021, SPCC fortified its relation with the regional government and successfully overcame its opposition to project initiation. The dam will have a total capacity of 73 million cubic meters, of which the Company will use a maximum of 10 million cubic meters. About the company Rewards Earnings are forecast to grow 3.26% per year Risk Analysis Dividend of 4.76% is not well covered by earnings or cash flows Has a high level of debt See All Risk Checks Southern Copper today. Southern Company Reports Third Quarter Earnings. Dun & Bradstreet Holdings, Inc. (NYSE: DNB) is a leading global provider of business decisioning data and analytics. in a fast changing market we have the experience to adapt to our customers needs. Over the past month, the estimate has remained unchanged. OIL, CONSTRUCTION, ENERGY, . Because the $75.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. . Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 24.87 right now. Michiquillay will become one of Peru?s largest copper mines and will create significant business opportunities in the Cajamarca region; generate new jobs for the local communities; and contribute with taxes and royalties to the local, regional and national governments. The Company?s second quarter earnings conference call will be held on Wednesday July 27, 2022, beginning at 10:00 AM ? These recent revisions tend to reflect the evolving nature of short-term business trends. BNK Invest Inc. provides investment services and information. The Company operates mining units and metallurgical facilities in Mexico and Peru and conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru. This rating, which reflects a continuous upward trend, earned us a place in the Dow Jones Sustainability Index for the . Company Name: Southern Copper Corporation, Stock markets: New York Stock Exchange and Lima Stock Exchange, Economic Group: We are indirectly part of Grupo Mxico S.A.B. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Southern Coppers Quality Management System offers support in improving the business practices employed. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the "Company" or "Orezone") is pleased to provide 2023 production and costs guidance for its Bombor Gold Mine ("Bombor") in Burkina Faso. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. In addition, because not all companies use identical calculations, the measures included in this release may not be comparable to similarly titled measures of other companies. In terms of valuation, Southern Copper is currently trading at a Forward P/E ratio of 11.57. The Company produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. TOP COPPER PRODUCERS . At Stock Options Channel, our YieldBoost formula has looked up and down the SCCO options chain for the new April 21st contracts and identified one put and one call contract of particular interest. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 1.1%. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company?s expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based. Several years back, we began to acquire the rights to all relevant mining concessions in the area; this process was completed in 2020. Our staff always looks for the best part for our customers applications, Our large inventory allows us to process all orders fast. Today, that discovery is still the heart of the Zacks Rank. _taboola.push({ We expect production to begin in 2024 and the mine life is estimated at 13 years. From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Claudia Pitre Manager, Investor Relations and Corporate Access +1 416 307 5105 Email: cpitre@barrick.com Kathy du Plessis Investor and Media Relations +44 20 7557 7738 Email: barrick@dpapr.com . The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. This valuation marks a premium compared to its industry's average Forward P/E of 5.33. This industry currently has a Zacks Industry Rank of 38, which puts it in the top 16% of all 250+ industries. Zacks Equity Research for Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. Our research shows that these estimate changes are directly correlated with near-term stock prices. To read this article on Zacks.com click here. Southern Copper Corporation (SCC) is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. Grupo Mxico is the fourth largest company in Mexico, with a market cap of US$22,829 billion. Create your Watchlist to save your favorite quotes on Nasdaq.com. To read this article on Zacks.com click here. container: 'taboola-mid-article-thumbnails', Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. The stock outpaced the S&P 500's daily gain of 0.36%. 2015-2023 Fintel Ventures LLC. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by Grupo Mexico, a Mexican company listed on the Mexican stock exchange. The dam, if built, will require a much higher investment than the $100 million budget planned for the desalinization plant. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 25% of all 250+ industries. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. Sonora: This low-capital intensity copper greenfield project is strategically located in Sonora, Mexico, approximately 45 kilometers from our Buenavista mine. How can we help? The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Webcast. Southern Copper reported revenues of $2.16 billion in the last reported quarter, representing a year-over-year change of -19.6%. With this recognition, this plant has consolidated its position as the employer of choice for the best professionals in the country and has strengthened an organizational culture based on safety, predictability and employee trust. Clients embed our trusted, end-to-end solutions into their daily . Last Reported Results and Surprise History. After submitting your request, you will receive an activation email to the requested email address. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $77.66) to be 40%. View Presentation. For 2021, we expect to produce 960,000 tons of copper. BNK Invest->. Zacks->. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). You can sign up for additional alert options at any time. We reiterate our view that the initiation of construction activities at Tia Maria will generate significant economic opportunities for the Islay province and the Arequipa region. Its a little-known chemical company thats up 65% over last year, yet still dirt cheap. Follow us on social networks. Free: See Our Top Stock and 4 Runners Up >>, Do Not Sell My Personal Information (CA Residents Only). The project includes an open-pit mine combining concentrator and SX-EW operations. Investor Relations Manager in Atlantic City, NJ. In line with best practice, the Board of Directors has approved the formation of a new Sustainability Committee chaired by an independent director. This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. This industrial complex was also given the 2021 National Export Award in the category of Large Industrial Exporting Companies for its contribution to foreign trade and international business in the country. Create your Watchlist to save your favorite quotes on Nasdaq.com. We aim to improve our sustainability management and performance to ensure that we maintain and continuously improve our sustainability ratings. The Mining - Non Ferrous industry is part of the Basic Materials sector. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. El Arco - Baja California: This is a world-class copper deposit located in the central part of the Baja California peninsula with ore reserves of over 1,230 million tons with an average ore grade of 0.40% and 141 million tons of leach material with an ore grade of 0.27%. The Company is a NYSE and Lima Stock Exchange listed company that is 88.9% owned by . In 2Q22, we spent $224.6 million on capital investments,which reflected a 2.2% increase over the figure reported in 2021 and represented 51.9% of net income this quarter. CNN's Jim Acosta said he still had "marks on my back" from his time serving as White House correspondent during former President Donald Trump's administration. A wealth of resources for individual investors is available at www.zacks.com. In preparation for upcoming drilling, the Company has mobilized field crews to the property for mapping, sampling and . You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. This new consensus was reflected in an agreement for Social Investment for Taxes for projects relative to health facilities and roads. If you experience any issues with this process, please contact us for further assistance. INVESTOR RELATIONS: Genaro Guerrero Daz Mercado T. +52 55 5246 37 00 Ext. e.src = u; f.parentNode.insertBefore(e, f); Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of . With us this morning, we have Southern Copper Corporation, Mr. Raul Jacob, Vice President, Finance, Treasurer and CFO, who will discuss, Southern Copper Corporation (NYSE and LSE: SCCO) will conduct its 2Q-2022 conference call with the financial community on Wednesday, July 26, 2022, FOLLOW US ON OUR SOCIAL NETWORKSLEGAL | CONTACT US, SITE MAP - SUPPLIERS - JOB OPPORTUNITIES - PRESS RELEASESSUBSCRIBE AND RECEIVE OUR PRESS RELEASES | COPYRIGHT 2020 GRUPO MXICO |. We anticipate that El Pilar will operate as a conventional open-pit mine with an annual production capacity of 36,000 tons of copper cathodes. Southern Copper Corporation 1440 East Missouri Avenue Suite 160 Phoenix, AZ 85014 United States 602 264 1375 https://www.southernperu.com Sector (s) : Basic Materials Industry : Copper Full. Our mission is to deliver a global network of trust, enabling clients to transform uncertainty into confidence, risk into opportunity and potential into prosperity. This is a significant step in our pledge to a robust and strong ESG performance. Zacks->. Southern Copper is still located on the same property that was purchased in 1989. Southern Copper Corporation (NYSE and BVL: SCCO). TRANSPORTATION. In the latest trading session, Southern Copper (SCCO) closed at $48.76, marking a +1.88% move from the previous day.

Les Saints Et Leurs Pouvoirs Pdf, Articles S