Southern Copper（SCCO *）株式概要サザン・コッパー・コーポレーションは、ペルー、メキシコ、アルゼンチン、エクアドル、チリで銅やその他の鉱物の採掘、探鉱、製錬、精製を行っている。 詳細SCCO * ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長1/6過去の実績6/6財務の健全性6/6配当金3/6報酬過去1年間で収益は38.5%増加しました リスク分析株式の流動性は非常に低い 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見るSCCO * Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$3.34k63.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture018b2016201920222025202620282031Revenue US$17.7bEarnings US$6.0bAdvancedSet Fair ValueView all narrativesSouthern Copper Corporation 競合他社Grupo México. deSymbol: BMV:GMEXICO BMarket cap: Mex$1.6tIndustrias Peñoles. deSymbol: BMV:PE&OLES *Market cap: Mex$406.2bFreeport-McMoRanSymbol: NYSE:FCXMarket cap: US$96.5bCEMEX. deSymbol: BMV:CEMEX CPOMarket cap: Mex$330.3b価格と性能株価の高値、安値、推移の概要Southern Copper過去の株価現在の株価US$3,336.6052週高値US$3,734.9852週安値US$1,631.62ベータ1.081ヶ月の変化16.21%3ヶ月変化0.55%1年変化n/a3年間の変化162.02%5年間の変化127.60%IPOからの変化1,124.16%最新ニュースReported Earnings • May 01First quarter 2026 earnings released: EPS: US$1.92 (vs US$1.15 in 1Q 2025)First quarter 2026 results: EPS: US$1.92 (up from US$1.15 in 1Q 2025). Revenue: US$4.25b (up 36% from 1Q 2025). Net income: US$1.58b (up 67% from 1Q 2025). Profit margin: 37% (up from 30% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 30First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.7% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 21Southern Copper Corporation, Annual General Meeting, May 29, 2026Southern Copper Corporation, Annual General Meeting, May 29, 2026.お知らせ • Apr 15+ 1 more updateSouthern Copper Corporation Announces Demise of CEO Oscar Gonzalez Rocha on April 7, 2026Southern Copper Corporation announced that Mr. Oscar Gonzalez Rocha, the Company's President, Chief Executive Officer, and a member of the Board of Directors, passed away unexpectedly on April 7, 2026. The Company's Board of Directors intends to appoint a successor or interim Chief Executive Officer in the near future.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Mex$2,900, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in South America. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,422 per share.Recent Insider Transactions • Mar 08Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.最新情報をもっと見るRecent updatesReported Earnings • May 01First quarter 2026 earnings released: EPS: US$1.92 (vs US$1.15 in 1Q 2025)First quarter 2026 results: EPS: US$1.92 (up from US$1.15 in 1Q 2025). Revenue: US$4.25b (up 36% from 1Q 2025). Net income: US$1.58b (up 67% from 1Q 2025). Profit margin: 37% (up from 30% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 30First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.7% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 21Southern Copper Corporation, Annual General Meeting, May 29, 2026Southern Copper Corporation, Annual General Meeting, May 29, 2026.お知らせ • Apr 15+ 1 more updateSouthern Copper Corporation Announces Demise of CEO Oscar Gonzalez Rocha on April 7, 2026Southern Copper Corporation announced that Mr. Oscar Gonzalez Rocha, the Company's President, Chief Executive Officer, and a member of the Board of Directors, passed away unexpectedly on April 7, 2026. The Company's Board of Directors intends to appoint a successor or interim Chief Executive Officer in the near future.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Mex$2,900, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in South America. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,422 per share.Recent Insider Transactions • Mar 08Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.Reported Earnings • Mar 04Full year 2025 earnings released: EPS: US$5.20 (vs US$4.14 in FY 2024)Full year 2025 results: EPS: US$5.20 (up from US$4.14 in FY 2024). Revenue: US$13.4b (up 17% from FY 2024). Net income: US$4.33b (up 28% from FY 2024). Profit margin: 32% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.956 Mt (0.974 Mt in FY 2024) Proved and probable reserves (ore): 14,752 Mt (15,175 Mt in FY 2024) Number of mines: 5 (5 in FY 2024) Molybdenum Production: 31,154 t (28,998 t in FY 2024) Proved and probable reserves (ore): 8,326 Mt (8,580 Mt in FY 2024) Number of mines: 4 (4 in FY 2024) Silver Production: 28,384 troy koz (25,054 troy koz in FY 2024) Proved and probable reserves (ore): 1,230 Mt (1,230 Mt in FY 2024) Number of mines: 1 (1 in FY 2024) Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 04Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.Recent Insider Transactions • Feb 04Non-Independent Director recently sold Mex$34m worth of stockOn the 3rd of February, Leonardo Contreras Lerdo de Tejada sold around 9k shares on-market at roughly Mex$3,642 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$39m more than they bought in the last 12 months.Reported Earnings • Jan 30Full year 2025 earnings released: EPS: US$5.24 (vs US$4.18 in FY 2024)Full year 2025 results: EPS: US$5.24 (up from US$4.18 in FY 2024). Revenue: US$13.4b (up 17% from FY 2024). Net income: US$4.33b (up 28% from FY 2024). Profit margin: 32% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.965 Mt (0.974 Mt in FY 2024) Molybdenum Production: 31,153 t (28,998 t in FY 2024) Zinc Production: 0.177 Mt (65,700 t in FY 2024) Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jan 26Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 10th February 2026 Payment date: 27th February 2026 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 26%After last week's 26% share price gain to Mex$3,174, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Metals and Mining industry in South America. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,340 per share.Recent Insider Transactions • Dec 11Special Independent Director recently sold Mex$1.0m worth of stockOn the 3rd of December, Luis Palomino Bonilla sold around 400 shares on-market at roughly Mex$2,539 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$5.3m more than they bought in the last 12 months.Recent Insider Transactions • Dec 05Special Independent Director recently sold Mex$1.0m worth of stockOn the 3rd of December, Luis Palomino Bonilla sold around 400 shares on-market at roughly Mex$2,539 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$5.3m more than they bought in the last 12 months.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: US$1.35 (vs US$1.11 in 3Q 2024)Third quarter 2025 results: EPS: US$1.35 (up from US$1.11 in 3Q 2024). Revenue: US$3.38b (up 15% from 3Q 2024). Net income: US$1.11b (up 24% from 3Q 2024). Profit margin: 33% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 29Southern Copper Corporation Declares Quarterly Cash Dividend, Payable on November 28, 2025Southern Copper Corporation's Board of Directors authorized a quarterly cash dividend of 0.90 per share of common stock and a stock dividend of 0.0085 shares of common stock per share of common stock payable on November 28, 2025, to shareholders of record at the close of business on November 12, 2025.Declared Dividend • Oct 29Second quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 12th November 2025 Payment date: 28th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$1.5m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$1.5m sold).Declared Dividend • Jul 31Second quarter dividend of US$0.80 announcedShareholders will receive a dividend of US$0.80. Ex-date: 15th August 2025 Payment date: 4th September 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 30+ 4 more updatesSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 3000 Growth IndexSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 3000 Growth IndexReported Earnings • Apr 27First quarter 2025 earnings released: EPS: US$1.19 (vs US$0.92 in 1Q 2024)First quarter 2025 results: EPS: US$1.19 (up from US$0.92 in 1Q 2024). Revenue: US$3.12b (up 20% from 1Q 2024). Net income: US$945.9m (up 28% from 1Q 2024). Profit margin: 30% (up from 28% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 26Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.5%).お知らせ • Apr 14Southern Copper Corporation, Annual General Meeting, May 23, 2025Southern Copper Corporation, Annual General Meeting, May 23, 2025.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$1,586, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,235 per share.Reported Earnings • Feb 18Full year 2024 earnings released: EPS: US$4.30 (vs US$3.05 in FY 2023)Full year 2024 results: EPS: US$4.30 (up from US$3.05 in FY 2023). Revenue: US$11.4b (up 16% from FY 2023). Net income: US$3.38b (up 39% from FY 2023). Profit margin: 30% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.977 Mt (0.911 Mt in FY 2023) Proved and probable reserves (ore): 317 Mt (13,685 Mt in FY 2023) Molybdenum Production: 28,997 t (26,810 t in FY 2023) Zinc Production: 0.13 Mt (65,500 t in FY 2023) Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Feb 13Southern Copper Corporation Authorizes a Quarterly Cash Dividend, Payable on February 27, 2025On January 23, 2025, the Board of Directors of Southern Copper Corporation authorized a quarterly cash dividend of $0.70 per share of common stock, payable on February 27, 2025, to shareholders of record at the close of business on February 11, 2025.Declared Dividend • Oct 28Dividend of US$0.70 announcedShareholders will receive a dividend of US$0.70. Ex-date: 6th November 2024 Payment date: 21st November 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: US$1.15 (vs US$0.79 in 3Q 2023)Third quarter 2024 results: EPS: US$1.15 (up from US$0.79 in 3Q 2023). Revenue: US$2.93b (up 17% from 3Q 2023). Net income: US$896.7m (up 45% from 3Q 2023). Profit margin: 31% (up from 25% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Oct 23Southern Copper Corporation Announces Resignation of Gilberto Perezalonso Cifuentes as Member of the Board of DirectorsSouthern Copper Corporation announced on October 17, 2024, the board of directors of the company learned of the resignation of Mr. Gilberto Perezalonso Cifuentes as a member of the board of directors of the company effective October 16, 2024. Mr. Perezalonso Cifuentes resigned to pursue other professional interests. There was no disagreement between Mr. Perezalonso Cifuentes and SCC or with SCC’s management.お知らせ • Oct 22Southern Copper Corporation Announces Quarterly Cash Dividend of Common Stock, Payable on November 21, 2024On October 17, 2024, the Board of Directors of Southern Copper Corporation authorized a quarterly cash dividend of $0.70 per share of common stock, payable on November 21, 2024, to shareholders of record at the close of business on November 6, 2024.Declared Dividend • Jul 29Dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 9th August 2024 Payment date: 26th August 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (112% earnings payout ratio) nor is it covered by cash flows (150% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control. EPS is expected to grow by 22% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: US$1.22 (vs US$0.70 in 2Q 2023)Second quarter 2024 results: EPS: US$1.22 (up from US$0.70 in 2Q 2023). Revenue: US$3.12b (up 36% from 2Q 2023). Net income: US$950.2m (up 74% from 2Q 2023). Profit margin: 31% (up from 24% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Recent Insider Transactions • May 02Special Independent Director recently sold Mex$7.3m worth of stockOn the 30th of April, Luis Palomino Bonilla sold around 4k shares on-market at roughly Mex$2,017 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$18m more than they bought in the last 12 months.Board Change • Apr 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Non-Independent Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 27Southern Copper Corporation Approves Quarterly Dividend, Payable on May 23, 2024On April 18, 2024, Southern Copper Corporation approved a quarterly stock dividend of 0.0104 shares of common stock per share of common stock payable on May 23, 2024 for shareholders of record at the close of business on May 8, 2024.お知らせ • Apr 13Southern Copper Corporation, Annual General Meeting, May 24, 2024Southern Copper Corporation, Annual General Meeting, May 24, 2024, at 09:00 Central Standard Time. Agenda: To elect ten directors; to ratify the selection by the Audit Committee of the Board of Directors of Galaz, Yamazaki, Ruiz Urquiza S.C., a member firm of Deloitte Touche Tohmatsu Limited, as independent accountants for calendar year 2024; to cast a non-binding advisory vote on executive compensation; to provide stockholders the opportunity to cast a non-binding advisory vote on the frequency of future stockholders' advisory votes on executive compensation; and to transact such other business as may properly come before the meeting.Buy Or Sell Opportunity • Mar 16Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at Mex$1,715. The fair value is estimated to be Mex$1,427, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 4.1%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Board Change • Mar 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: US$3.14 (vs US$3.41 in FY 2022)Full year 2023 results: EPS: US$3.14 (down from US$3.41 in FY 2022). Revenue: US$9.90b (down 1.5% from FY 2022). Net income: US$2.43b (down 8.1% from FY 2022). Profit margin: 25% (down from 26% in FY 2022). Production and reserves: Copper Production: 0.911 Mt (0.895 Mt in FY 2022) Proved and probable reserves (ore): 13,685 Mt (13,950 Mt in FY 2022) Number of mines: 5 (5 in FY 2022) Molybdenum Production: 26,810 t (26,270 t in FY 2022) Proved and probable reserves (ore): 8,629 Mt (8,830 Mt in FY 2022) Number of mines: 4 (4 in FY 2022) Silver Production: 21,934 troy koz (22,303 troy koz in FY 2022) Proved and probable reserves (ore): 1,230 Mt (1,230 Mt in FY 2022) Number of mines: 1 (5 in FY 2022) Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Feb 25Independent Director recently sold Mex$3.4m worth of stockOn the 21st of February, Enrique Luis Sanchez Mejorada sold around 2k shares on-market at roughly Mex$1,416 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$9.5m more than they bought in the last 12 months.Board Change • Feb 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 03Southern Copper Corporation Announces Dividend, Payable on February 29, 2024Southern Copper Corporation announced dividend of $.80 per share payable on February 29, 2024, to shareholders of record at the close of business on February 13, 2024, 2024.Declared Dividend • Jan 29Third quarter dividend of US$0.80 announcedShareholders will receive a dividend of US$0.80. Ex-date: 12th February 2024 Payment date: 29th February 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.3% to bring the payout ratio under control. EPS is expected to grow by 14% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Oct 26Southern Copper Corporation Authorizes Dividend, Payable on November 22, 2023Southern Copper Corporation announced on October 24, 2023, the Board of Directors authorized a dividend of $1.00 per share payable on November 22, 2023, to shareholders of record at the close of business on November 8, 2023.Board Change • Oct 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Aug 18Independent Director recently sold Mex$3.3m worth of stockOn the 14th of August, Enrique Luis Castillo Sanchez Mejorada sold around 2k shares on-market at roughly Mex$1,393 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$8.2m more than they bought in the last 12 months.Board Change • Aug 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 01Upcoming dividend of US$1.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 23 August 2023. Payout ratio and cash payout ratio are on the higher end at 90% and 95% respectively. Trailing yield: 4.0%. Lower than top quartile of Mexican dividend payers (6.4%). Lower than average of industry peers (7.2%).New Risk • Jul 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 102% Earnings are forecast to decline by an average of 0.05% per year for the foreseeable future. Minor Risks High level of debt (51% net debt to equity). Significant insider selling over the past 3 months (Mex$2.0m sold).Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: US$0.71 (vs US$0.56 in 2Q 2022)Second quarter 2023 results: EPS: US$0.71 (up from US$0.56 in 2Q 2022). Revenue: US$2.30b (flat on 2Q 2022). Net income: US$547.5m (up 27% from 2Q 2022). Profit margin: 24% (up from 19% in 2Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Board Change • Jul 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 12Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 25+ 1 more updateSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 1000 Value-Defensive IndexSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 1000 Value-Defensive IndexBoard Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • May 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 01Upcoming dividend of US$1.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 23 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of Mexican dividend payers (6.8%). Lower than average of industry peers (7.4%).Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: US$1.05 (vs US$1.02 in 1Q 2022)First quarter 2023 results: EPS: US$1.05 (up from US$1.02 in 1Q 2022). Revenue: US$2.79b (up 1.1% from 1Q 2022). Net income: US$813.2m (up 3.6% from 1Q 2022). Profit margin: 29% (in line with 1Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.Board Change • Mar 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Feb 06Upcoming dividend of US$1.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 13 February 2023. Payment date: 01 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of Mexican dividend payers (5.8%). Lower than average of industry peers (6.8%).Reported Earnings • Feb 05Full year 2022 earnings released: EPS: US$3.41 (vs US$4.39 in FY 2021)Full year 2022 results: EPS: US$3.41 (down from US$4.39 in FY 2021). Revenue: US$10.0b (down 8.1% from FY 2021). Net income: US$2.64b (down 22% from FY 2021). Profit margin: 26% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Production and reserves: Copper Production: 0.924 Mt (0.958 Mt in FY 2021) Proved and probable reserves (ore): 1,547 Mt (13,126 Mt in FY 2021) Molybdenum Production: 26,240 t (30,230 t in FY 2021) Silver Production: 18,562 troy koz (22,947 troy koz in FY 2021) Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year.お知らせ • Feb 04Southern Copper Corporation Announces Dividend, Payable on March 1, 2023Southern Copper Corporation Board of Directors authorized a dividend of $1.00 per share payable on March 1, 2023, to shareholders of record at the close of business on February 14, 2023.Board Change • Jan 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 01Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 23 November 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.4%. Within top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (11%).Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.67 (vs US$1.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.67 (down from US$1.12 in 3Q 2021). Revenue: US$2.16b (down 20% from 3Q 2021). Net income: US$519.0m (down 40% from 3Q 2021). Profit margin: 24% (down from 32% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Sep 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be Mex$1,179, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 3.5% per annum over the same time period.Board Change • Sep 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 03Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 25 August 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.5%. Within top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (15%).Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$0.56 (vs US$1.21 in 2Q 2021)Second quarter 2022 results: EPS: US$0.56 (down from US$1.21 in 2Q 2021). Revenue: US$2.31b (down 20% from 2Q 2021). Net income: US$432.3m (down 54% from 2Q 2021). Profit margin: 19% (down from 32% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 3.5% decline forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to Mex$969, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,126 per share.Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Feb 07Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 14 February 2022. Payment date: 02 March 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Mexican dividend payers (4.4%). Lower than average of industry peers (8.3%).Reported Earnings • Feb 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$4.39 (up from US$2.03 in FY 2020). Revenue: US$10.9b (up 37% from FY 2020). Net income: US$3.40b (up 116% from FY 2020). Profit margin: 31% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.2%, compared to a 4.6% growth forecast for the mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year.Board Change • Dec 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 02Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 09 November 2021. Payment date: 23 November 2021. Trailing yield: 6.7%. Within top quartile of Mexican dividend payers (5.1%). Lower than average of industry peers (9.5%).Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS US$1.12 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.68b (up 26% from 3Q 2020). Net income: US$867.6m (up 72% from 3Q 2020). Profit margin: 32% (up from 24% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Board Change • Oct 23Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Aug 11Special Independent Director recently sold Mex$528k worth of stockOn the 6th of August, Luis Miguel Palomino Bonilla sold around 400 shares on-market at roughly Mex$1,321 per share. In the last 3 months, they made an even bigger sale worth Mex$4.1m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.Recent Insider Transactions • Aug 05Special Independent Director recently sold Mex$523k worth of stockOn the 2nd of August, Luis Miguel Palomino Bonilla sold around 400 shares on-market at roughly Mex$1,306 per share. In the last 3 months, they made an even bigger sale worth Mex$4.1m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.Upcoming Dividend • Aug 04Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 26 August 2021. Trailing yield: 4.3%. Lower than top quartile of Mexican dividend payers (5.1%). Lower than average of industry peers (4.9%).Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$1.21 (vs US$0.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.90b (up 62% from 2Q 2020). Net income: US$932.7m (up 259% from 2Q 2020). Profit margin: 32% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Jul 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$1,320, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$951 per share.Recent Insider Transactions • Jun 12Special Independent Director recently sold Mex$4.1m worth of stockOn the 8th of June, Luis Miguel Palomino Bonilla sold around 3k shares on-market at roughly Mex$1,358 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.Recent Insider Transactions • May 22Independent Director recently sold Mex$1.8m worth of stockOn the 13th of May, Vicente Ariztegui Andreve sold around 1k shares on-market at roughly Mex$1,610 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$662m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.Upcoming Dividend • May 03Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 25 May 2021. Trailing yield: 4.0%. Lower than top quartile of Mexican dividend payers (4.8%). Lower than average of industry peers (5.3%).Reported Earnings • Apr 30First quarter 2021 earnings released: EPS US$0.99 (vs US$0.28 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$2.53b (up 47% from 1Q 2020). Net income: US$763.8m (up 256% from 1Q 2020). Profit margin: 30% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1,330, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Metals and Mining industry in South America. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$830 per share.Recent Insider Transactions • Mar 14Chairman of the Board recently sold Mex$149m worth of stockOn the 11th of March, Germán Larrea Mota-Velasco sold around 92k shares on-market at roughly Mex$1,624 per share. In the last 3 months, they made an even bigger sale worth Mex$662m. Germán has been a seller over the last 12 months, reducing personal holdings by Mex$3.4b.株主還元SCCO *MX Metals and MiningMX 市場7D14.3%2.8%-0.4%1Yn/a106.0%17.8%株主還元を見る業界別リターン: SCCO *がMX Metals and Mining業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: SCCO * MX市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is SCCO *'s price volatile compared to industry and market?SCCO * volatilitySCCO * Average Weekly Movementn/aMetals and Mining Industry Average Movement6.2%Market Average Movement4.1%10% most volatile stocks in MX Market6.1%10% least volatile stocks in MX Market2.8%安定した株価: SCCO *の株価は、 MX市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のSCCO *のボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト195216,617Leonardo Contreras Lerdo de Tejadawww.southerncoppercorp.comサザン・コッパー・コーポレーションは、ペルー、メキシコ、アルゼンチン、エクアドル、チリで銅やその他の鉱物の採掘、探鉱、製錬、精製を行っている。銅精鉱の採掘、製錬、銅とモリブデンの精鉱の製造、銅精鉱の製錬によるブリスター銅と陽極銅の製造、陽極銅の精錬による銅陰極の製造、モリブデン精鉱と硫酸の製造、精製銀、金、その他の材料の製造、銅、モリブデン、亜鉛、銀、金、鉛の採掘と加工を行っている。ペルーでトケパラ露天掘り鉱山、クアホネ露天掘り鉱山、製錬所、メキシコでラ・カリダ露天掘り銅鉱山、銅鉱石精鉱、SX-EWプラント、製錬所、精製所、ロッドプラントを操業している。またメキシコでは、露天掘り銅鉱山ブエナビスタ、銅精鉱濃縮装置、SX-EWプラントを操業している。さらに、亜鉛、鉛、銅、銀、金を生産する地下鉱山、炭鉱、亜鉛精錬所も運営している。同社はペルーとメキシコで156,818ヘクタールと502,688ヘクタールの鉱区、アルゼンチンとチリで168,200ヘクタールと28,453ヘクタールの探鉱鉱区の権益を有する。サザン・コッパー・コーポレーションは1952年に設立され、アリゾナ州フェニックスに本社を置いている。サザン・カッパー・コーポレーションはアメリカス・マイニング・コーポレーションの子会社である。もっと見るSouthern Copper Corporation 基礎のまとめSouthern Copper の収益と売上を時価総額と比較するとどうか。SCCO * 基礎統計学時価総額Mex$2.71t収益（TTM）Mex$85.54b売上高(TTM)Mex$250.63b31.7xPER（株価収益率10.8xP/SレシオSCCO * は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SCCO * 損益計算書（TTM）収益US$14.55b売上原価US$5.43b売上総利益US$9.12bその他の費用US$4.16b収益US$4.97b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）5.95グロス・マージン62.71%純利益率34.13%有利子負債／自己資本比率56.9%SCCO * の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.1%現在の配当利回り56%配当性向SCCO * 配当は確実ですか？SCCO * 配当履歴とベンチマークを見るSCCO * 、いつまでに購入すれば配当金を受け取れますか？Southern Copper 配当日配当落ち日May 13 2026配当支払日May 29 2026配当落ちまでの日数2 days配当支払日までの日数14 daysSCCO * 配当は確実ですか？SCCO * 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/15 11:35終値2026/05/13 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Southern Copper Corporation 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関Leonardo CorreaBarclaysFawzi HananoBerenbergDavid RadclyffeBMO Capital Markets Equity Research26 その他のアナリストを表示
Reported Earnings • May 01First quarter 2026 earnings released: EPS: US$1.92 (vs US$1.15 in 1Q 2025)First quarter 2026 results: EPS: US$1.92 (up from US$1.15 in 1Q 2025). Revenue: US$4.25b (up 36% from 1Q 2025). Net income: US$1.58b (up 67% from 1Q 2025). Profit margin: 37% (up from 30% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 30First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.7% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 21Southern Copper Corporation, Annual General Meeting, May 29, 2026Southern Copper Corporation, Annual General Meeting, May 29, 2026.
お知らせ • Apr 15+ 1 more updateSouthern Copper Corporation Announces Demise of CEO Oscar Gonzalez Rocha on April 7, 2026Southern Copper Corporation announced that Mr. Oscar Gonzalez Rocha, the Company's President, Chief Executive Officer, and a member of the Board of Directors, passed away unexpectedly on April 7, 2026. The Company's Board of Directors intends to appoint a successor or interim Chief Executive Officer in the near future.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Mex$2,900, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in South America. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,422 per share.
Recent Insider Transactions • Mar 08Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: US$1.92 (vs US$1.15 in 1Q 2025)First quarter 2026 results: EPS: US$1.92 (up from US$1.15 in 1Q 2025). Revenue: US$4.25b (up 36% from 1Q 2025). Net income: US$1.58b (up 67% from 1Q 2025). Profit margin: 37% (up from 30% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 30First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.7% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 21Southern Copper Corporation, Annual General Meeting, May 29, 2026Southern Copper Corporation, Annual General Meeting, May 29, 2026.
お知らせ • Apr 15+ 1 more updateSouthern Copper Corporation Announces Demise of CEO Oscar Gonzalez Rocha on April 7, 2026Southern Copper Corporation announced that Mr. Oscar Gonzalez Rocha, the Company's President, Chief Executive Officer, and a member of the Board of Directors, passed away unexpectedly on April 7, 2026. The Company's Board of Directors intends to appoint a successor or interim Chief Executive Officer in the near future.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Mex$2,900, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in South America. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,422 per share.
Recent Insider Transactions • Mar 08Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.
Reported Earnings • Mar 04Full year 2025 earnings released: EPS: US$5.20 (vs US$4.14 in FY 2024)Full year 2025 results: EPS: US$5.20 (up from US$4.14 in FY 2024). Revenue: US$13.4b (up 17% from FY 2024). Net income: US$4.33b (up 28% from FY 2024). Profit margin: 32% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.956 Mt (0.974 Mt in FY 2024) Proved and probable reserves (ore): 14,752 Mt (15,175 Mt in FY 2024) Number of mines: 5 (5 in FY 2024) Molybdenum Production: 31,154 t (28,998 t in FY 2024) Proved and probable reserves (ore): 8,326 Mt (8,580 Mt in FY 2024) Number of mines: 4 (4 in FY 2024) Silver Production: 28,384 troy koz (25,054 troy koz in FY 2024) Proved and probable reserves (ore): 1,230 Mt (1,230 Mt in FY 2024) Number of mines: 1 (1 in FY 2024) Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 04Independent Director recently sold Mex$17m worth of stockOn the 2nd of March, Enrique Luis Sanchez Mejorada sold around 5k shares on-market at roughly Mex$3,781 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$56m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 04Non-Independent Director recently sold Mex$34m worth of stockOn the 3rd of February, Leonardo Contreras Lerdo de Tejada sold around 9k shares on-market at roughly Mex$3,642 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$39m more than they bought in the last 12 months.
Reported Earnings • Jan 30Full year 2025 earnings released: EPS: US$5.24 (vs US$4.18 in FY 2024)Full year 2025 results: EPS: US$5.24 (up from US$4.18 in FY 2024). Revenue: US$13.4b (up 17% from FY 2024). Net income: US$4.33b (up 28% from FY 2024). Profit margin: 32% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.965 Mt (0.974 Mt in FY 2024) Molybdenum Production: 31,153 t (28,998 t in FY 2024) Zinc Production: 0.177 Mt (65,700 t in FY 2024) Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jan 26Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 10th February 2026 Payment date: 27th February 2026 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 26%After last week's 26% share price gain to Mex$3,174, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Metals and Mining industry in South America. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,340 per share.
Recent Insider Transactions • Dec 11Special Independent Director recently sold Mex$1.0m worth of stockOn the 3rd of December, Luis Palomino Bonilla sold around 400 shares on-market at roughly Mex$2,539 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$5.3m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 05Special Independent Director recently sold Mex$1.0m worth of stockOn the 3rd of December, Luis Palomino Bonilla sold around 400 shares on-market at roughly Mex$2,539 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$5.3m more than they bought in the last 12 months.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: US$1.35 (vs US$1.11 in 3Q 2024)Third quarter 2025 results: EPS: US$1.35 (up from US$1.11 in 3Q 2024). Revenue: US$3.38b (up 15% from 3Q 2024). Net income: US$1.11b (up 24% from 3Q 2024). Profit margin: 33% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 29Southern Copper Corporation Declares Quarterly Cash Dividend, Payable on November 28, 2025Southern Copper Corporation's Board of Directors authorized a quarterly cash dividend of 0.90 per share of common stock and a stock dividend of 0.0085 shares of common stock per share of common stock payable on November 28, 2025, to shareholders of record at the close of business on November 12, 2025.
Declared Dividend • Oct 29Second quarter dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 12th November 2025 Payment date: 28th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$1.5m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$1.5m sold).
Declared Dividend • Jul 31Second quarter dividend of US$0.80 announcedShareholders will receive a dividend of US$0.80. Ex-date: 15th August 2025 Payment date: 4th September 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 30+ 4 more updatesSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 3000 Growth IndexSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 3000 Growth Index
Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: US$1.19 (vs US$0.92 in 1Q 2024)First quarter 2025 results: EPS: US$1.19 (up from US$0.92 in 1Q 2024). Revenue: US$3.12b (up 20% from 1Q 2024). Net income: US$945.9m (up 28% from 1Q 2024). Profit margin: 30% (up from 28% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 26Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.5%).
お知らせ • Apr 14Southern Copper Corporation, Annual General Meeting, May 23, 2025Southern Copper Corporation, Annual General Meeting, May 23, 2025.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$1,586, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,235 per share.
Reported Earnings • Feb 18Full year 2024 earnings released: EPS: US$4.30 (vs US$3.05 in FY 2023)Full year 2024 results: EPS: US$4.30 (up from US$3.05 in FY 2023). Revenue: US$11.4b (up 16% from FY 2023). Net income: US$3.38b (up 39% from FY 2023). Profit margin: 30% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 0.977 Mt (0.911 Mt in FY 2023) Proved and probable reserves (ore): 317 Mt (13,685 Mt in FY 2023) Molybdenum Production: 28,997 t (26,810 t in FY 2023) Zinc Production: 0.13 Mt (65,500 t in FY 2023) Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Feb 13Southern Copper Corporation Authorizes a Quarterly Cash Dividend, Payable on February 27, 2025On January 23, 2025, the Board of Directors of Southern Copper Corporation authorized a quarterly cash dividend of $0.70 per share of common stock, payable on February 27, 2025, to shareholders of record at the close of business on February 11, 2025.
Declared Dividend • Oct 28Dividend of US$0.70 announcedShareholders will receive a dividend of US$0.70. Ex-date: 6th November 2024 Payment date: 21st November 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: US$1.15 (vs US$0.79 in 3Q 2023)Third quarter 2024 results: EPS: US$1.15 (up from US$0.79 in 3Q 2023). Revenue: US$2.93b (up 17% from 3Q 2023). Net income: US$896.7m (up 45% from 3Q 2023). Profit margin: 31% (up from 25% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Oct 23Southern Copper Corporation Announces Resignation of Gilberto Perezalonso Cifuentes as Member of the Board of DirectorsSouthern Copper Corporation announced on October 17, 2024, the board of directors of the company learned of the resignation of Mr. Gilberto Perezalonso Cifuentes as a member of the board of directors of the company effective October 16, 2024. Mr. Perezalonso Cifuentes resigned to pursue other professional interests. There was no disagreement between Mr. Perezalonso Cifuentes and SCC or with SCC’s management.
お知らせ • Oct 22Southern Copper Corporation Announces Quarterly Cash Dividend of Common Stock, Payable on November 21, 2024On October 17, 2024, the Board of Directors of Southern Copper Corporation authorized a quarterly cash dividend of $0.70 per share of common stock, payable on November 21, 2024, to shareholders of record at the close of business on November 6, 2024.
Declared Dividend • Jul 29Dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 9th August 2024 Payment date: 26th August 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (112% earnings payout ratio) nor is it covered by cash flows (150% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control. EPS is expected to grow by 22% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: US$1.22 (vs US$0.70 in 2Q 2023)Second quarter 2024 results: EPS: US$1.22 (up from US$0.70 in 2Q 2023). Revenue: US$3.12b (up 36% from 2Q 2023). Net income: US$950.2m (up 74% from 2Q 2023). Profit margin: 31% (up from 24% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Recent Insider Transactions • May 02Special Independent Director recently sold Mex$7.3m worth of stockOn the 30th of April, Luis Palomino Bonilla sold around 4k shares on-market at roughly Mex$2,017 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$18m more than they bought in the last 12 months.
Board Change • Apr 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Non-Independent Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 27Southern Copper Corporation Approves Quarterly Dividend, Payable on May 23, 2024On April 18, 2024, Southern Copper Corporation approved a quarterly stock dividend of 0.0104 shares of common stock per share of common stock payable on May 23, 2024 for shareholders of record at the close of business on May 8, 2024.
お知らせ • Apr 13Southern Copper Corporation, Annual General Meeting, May 24, 2024Southern Copper Corporation, Annual General Meeting, May 24, 2024, at 09:00 Central Standard Time. Agenda: To elect ten directors; to ratify the selection by the Audit Committee of the Board of Directors of Galaz, Yamazaki, Ruiz Urquiza S.C., a member firm of Deloitte Touche Tohmatsu Limited, as independent accountants for calendar year 2024; to cast a non-binding advisory vote on executive compensation; to provide stockholders the opportunity to cast a non-binding advisory vote on the frequency of future stockholders' advisory votes on executive compensation; and to transact such other business as may properly come before the meeting.
Buy Or Sell Opportunity • Mar 16Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at Mex$1,715. The fair value is estimated to be Mex$1,427, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 4.1%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Board Change • Mar 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: US$3.14 (vs US$3.41 in FY 2022)Full year 2023 results: EPS: US$3.14 (down from US$3.41 in FY 2022). Revenue: US$9.90b (down 1.5% from FY 2022). Net income: US$2.43b (down 8.1% from FY 2022). Profit margin: 25% (down from 26% in FY 2022). Production and reserves: Copper Production: 0.911 Mt (0.895 Mt in FY 2022) Proved and probable reserves (ore): 13,685 Mt (13,950 Mt in FY 2022) Number of mines: 5 (5 in FY 2022) Molybdenum Production: 26,810 t (26,270 t in FY 2022) Proved and probable reserves (ore): 8,629 Mt (8,830 Mt in FY 2022) Number of mines: 4 (4 in FY 2022) Silver Production: 21,934 troy koz (22,303 troy koz in FY 2022) Proved and probable reserves (ore): 1,230 Mt (1,230 Mt in FY 2022) Number of mines: 1 (5 in FY 2022) Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Feb 25Independent Director recently sold Mex$3.4m worth of stockOn the 21st of February, Enrique Luis Sanchez Mejorada sold around 2k shares on-market at roughly Mex$1,416 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$9.5m more than they bought in the last 12 months.
Board Change • Feb 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 03Southern Copper Corporation Announces Dividend, Payable on February 29, 2024Southern Copper Corporation announced dividend of $.80 per share payable on February 29, 2024, to shareholders of record at the close of business on February 13, 2024, 2024.
Declared Dividend • Jan 29Third quarter dividend of US$0.80 announcedShareholders will receive a dividend of US$0.80. Ex-date: 12th February 2024 Payment date: 29th February 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.3% to bring the payout ratio under control. EPS is expected to grow by 14% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Oct 26Southern Copper Corporation Authorizes Dividend, Payable on November 22, 2023Southern Copper Corporation announced on October 24, 2023, the Board of Directors authorized a dividend of $1.00 per share payable on November 22, 2023, to shareholders of record at the close of business on November 8, 2023.
Board Change • Oct 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Aug 18Independent Director recently sold Mex$3.3m worth of stockOn the 14th of August, Enrique Luis Castillo Sanchez Mejorada sold around 2k shares on-market at roughly Mex$1,393 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$8.2m more than they bought in the last 12 months.
Board Change • Aug 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 01Upcoming dividend of US$1.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 23 August 2023. Payout ratio and cash payout ratio are on the higher end at 90% and 95% respectively. Trailing yield: 4.0%. Lower than top quartile of Mexican dividend payers (6.4%). Lower than average of industry peers (7.2%).
New Risk • Jul 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 102% Earnings are forecast to decline by an average of 0.05% per year for the foreseeable future. Minor Risks High level of debt (51% net debt to equity). Significant insider selling over the past 3 months (Mex$2.0m sold).
Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: US$0.71 (vs US$0.56 in 2Q 2022)Second quarter 2023 results: EPS: US$0.71 (up from US$0.56 in 2Q 2022). Revenue: US$2.30b (flat on 2Q 2022). Net income: US$547.5m (up 27% from 2Q 2022). Profit margin: 24% (up from 19% in 2Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 12Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 25+ 1 more updateSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 1000 Value-Defensive IndexSouthern Copper Corporation(NYSE:SCCO) dropped from Russell 1000 Value-Defensive Index
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 01Upcoming dividend of US$1.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 23 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of Mexican dividend payers (6.8%). Lower than average of industry peers (7.4%).
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: US$1.05 (vs US$1.02 in 1Q 2022)First quarter 2023 results: EPS: US$1.05 (up from US$1.02 in 1Q 2022). Revenue: US$2.79b (up 1.1% from 1Q 2022). Net income: US$813.2m (up 3.6% from 1Q 2022). Profit margin: 29% (in line with 1Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.
Board Change • Mar 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Feb 06Upcoming dividend of US$1.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 13 February 2023. Payment date: 01 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of Mexican dividend payers (5.8%). Lower than average of industry peers (6.8%).
Reported Earnings • Feb 05Full year 2022 earnings released: EPS: US$3.41 (vs US$4.39 in FY 2021)Full year 2022 results: EPS: US$3.41 (down from US$4.39 in FY 2021). Revenue: US$10.0b (down 8.1% from FY 2021). Net income: US$2.64b (down 22% from FY 2021). Profit margin: 26% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Production and reserves: Copper Production: 0.924 Mt (0.958 Mt in FY 2021) Proved and probable reserves (ore): 1,547 Mt (13,126 Mt in FY 2021) Molybdenum Production: 26,240 t (30,230 t in FY 2021) Silver Production: 18,562 troy koz (22,947 troy koz in FY 2021) Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Feb 04Southern Copper Corporation Announces Dividend, Payable on March 1, 2023Southern Copper Corporation Board of Directors authorized a dividend of $1.00 per share payable on March 1, 2023, to shareholders of record at the close of business on February 14, 2023.
Board Change • Jan 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 01Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 23 November 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.4%. Within top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (11%).
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.67 (vs US$1.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.67 (down from US$1.12 in 3Q 2021). Revenue: US$2.16b (down 20% from 3Q 2021). Net income: US$519.0m (down 40% from 3Q 2021). Profit margin: 24% (down from 32% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Sep 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be Mex$1,179, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 3.5% per annum over the same time period.
Board Change • Sep 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 03Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 25 August 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.5%. Within top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (15%).
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$0.56 (vs US$1.21 in 2Q 2021)Second quarter 2022 results: EPS: US$0.56 (down from US$1.21 in 2Q 2021). Revenue: US$2.31b (down 20% from 2Q 2021). Net income: US$432.3m (down 54% from 2Q 2021). Profit margin: 19% (down from 32% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 3.5% decline forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to Mex$969, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,126 per share.
Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Feb 07Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 14 February 2022. Payment date: 02 March 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Mexican dividend payers (4.4%). Lower than average of industry peers (8.3%).
Reported Earnings • Feb 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$4.39 (up from US$2.03 in FY 2020). Revenue: US$10.9b (up 37% from FY 2020). Net income: US$3.40b (up 116% from FY 2020). Profit margin: 31% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.2%, compared to a 4.6% growth forecast for the mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year.
Board Change • Dec 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 02Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 09 November 2021. Payment date: 23 November 2021. Trailing yield: 6.7%. Within top quartile of Mexican dividend payers (5.1%). Lower than average of industry peers (9.5%).
Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS US$1.12 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.68b (up 26% from 3Q 2020). Net income: US$867.6m (up 72% from 3Q 2020). Profit margin: 32% (up from 24% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 23Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Aug 11Special Independent Director recently sold Mex$528k worth of stockOn the 6th of August, Luis Miguel Palomino Bonilla sold around 400 shares on-market at roughly Mex$1,321 per share. In the last 3 months, they made an even bigger sale worth Mex$4.1m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.
Recent Insider Transactions • Aug 05Special Independent Director recently sold Mex$523k worth of stockOn the 2nd of August, Luis Miguel Palomino Bonilla sold around 400 shares on-market at roughly Mex$1,306 per share. In the last 3 months, they made an even bigger sale worth Mex$4.1m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.
Upcoming Dividend • Aug 04Upcoming dividend of US$0.90 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 26 August 2021. Trailing yield: 4.3%. Lower than top quartile of Mexican dividend payers (5.1%). Lower than average of industry peers (4.9%).
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$1.21 (vs US$0.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.90b (up 62% from 2Q 2020). Net income: US$932.7m (up 259% from 2Q 2020). Profit margin: 32% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Leonardo Contreras Lerdo de Tejada was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$1,320, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in South America. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$951 per share.
Recent Insider Transactions • Jun 12Special Independent Director recently sold Mex$4.1m worth of stockOn the 8th of June, Luis Miguel Palomino Bonilla sold around 3k shares on-market at roughly Mex$1,358 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.
Recent Insider Transactions • May 22Independent Director recently sold Mex$1.8m worth of stockOn the 13th of May, Vicente Ariztegui Andreve sold around 1k shares on-market at roughly Mex$1,610 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$662m. Insiders have been net sellers, collectively disposing of Mex$3.4b more than they bought in the last 12 months.
Upcoming Dividend • May 03Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 25 May 2021. Trailing yield: 4.0%. Lower than top quartile of Mexican dividend payers (4.8%). Lower than average of industry peers (5.3%).
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS US$0.99 (vs US$0.28 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$2.53b (up 47% from 1Q 2020). Net income: US$763.8m (up 256% from 1Q 2020). Profit margin: 30% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1,330, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Metals and Mining industry in South America. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$830 per share.
Recent Insider Transactions • Mar 14Chairman of the Board recently sold Mex$149m worth of stockOn the 11th of March, Germán Larrea Mota-Velasco sold around 92k shares on-market at roughly Mex$1,624 per share. In the last 3 months, they made an even bigger sale worth Mex$662m. Germán has been a seller over the last 12 months, reducing personal holdings by Mex$3.4b.
