NYSE:SCCOMetals and Mining
Is It Too Late To Consider Southern Copper (SCCO) After Its Strong Share Price Run?
If you are wondering whether Southern Copper's current share price still offers value, you are not alone. The answer depends heavily on how you look at its valuation.
The stock most recently closed at US$180.95, with returns of 6.1% over 7 days, 27.9% over 30 days, 21.7% year to date, 96.9% over 1 year, 183.4% over 3 years, and 234.6% over 5 years. These figures naturally raise questions about how much optimism is already priced in.
Recent news coverage has largely focused on Southern Copper...