Stock Price & Analysis

Based on the recent data and market analysis, SCCO stock shows a strong bullish trend with positive momentum. The stock's latest price of $93.46 in pre-market trading represents a significant increase from historical levels seen in the provided data.

Recent Performance

• Q4 2024 earnings of $1.01 per share, showing a 74% year-over-year increase
• Record net sales of $11.43 billion in 2024
• Strong production growth across multiple metals, particularly in zinc and silver segments

Fundamental Strengths

• Healthy financial metrics with 45.81% gross margin
• Strong ROE of 32.51%
• Solid current ratio of 4.20, indicating excellent liquidity
• Manageable debt-to-equity ratio of 76.73%

Growth Outlook

• Stable copper production forecast for 2025 at 967,000 tons
• Projected 32% increase in zinc production to 171,700 tons
• Expected 10% growth in silver production to 23 million ounces

Recommendation: SELL SCCO at current levels. While the company shows strong fundamentals and positive growth metrics, the stock appears overbought at current prices compared to historical levels. The significant price appreciation suggests taking profits may be prudent.

Based on the provided data and market research, here's a concise price prediction for SCCO stock in 2025:

Southern Copper (SCCO) is expected to reach $104.02 by end of 2025, driven by strong fundamentals and positive industry outlook. The stock's technical indicators show a bullish momentum with RSI at 46.29 and MACD trending positive at 0.54. The stock is currently trading near its support level of $92.91, suggesting limited downside risk.

The price target is supported by several key factors:

1. Strong earnings growth with Q4 2024 EPS expected at $1.02, representing a 78.95% year-over-year increase
2. Favorable industry position with improving copper demand outlook
3. Technical analysis showing price consolidation above key support levels

The stock is currently trading at $93.46 in pre-market, which represents an attractive entry point given the projected upside potential of approximately 11.3% to the target price.

The S1 support level for SCCO Stock is $92 ,The R1 resistant level for SCCO Stock is $98.91.

As of the end of day on 2025-02-26, the price of SCCO Stock was $95.22.

The target price for SCCO Stock according to analyst rating is 79.57, with the highest price target at 101.26 and the lowest at 52.00. Analysts have a Moderate Sell rating on SCCO Stock overall.

The market cap of SCCO is $73.6B.

Based on the current data and market analysis, here are 5 key points about SCCO's valuation:

Southern Copper's stock is trading at a premium valuation with a Forward P/E of 20.03x, in line with its industry average.

The company's recent Q4 2024 earnings of $1.01 per share showed strong 74% year-over-year growth, though slightly missing estimates, indicating solid fundamental performance.

Technical indicators suggest moderate overvaluation, with RSI-14 at 46.29 and the stock trading between its 20-day SMA of $93.65 and 200-day SMA of $102.64.

The stock's current price of $93.46 is near its Fibonacci support level of $92.91, suggesting limited downside risk at current levels.

While SCCO maintains strong operational metrics with record net sales of $11.43 billion in 2024, the current valuation appears stretched given the cyclical nature of the copper industry.

Southern Copper Corporation is an integrated copper producer. The Company is engaged in the production of copper, molybdenum, silver, and zinc. The Company’s mining, smelting and refining facilities are located in Peru and Mexico and conducts exploration activities in those countries and in Argentina, Chile and Ecuador. Its segments include the Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Its Peruvian operations include the Toquepala and Cuajone mine complexes and smelting and refining plants, including a precious metals plant, industrial railroad and port facilities. Its Mexican open-pit operations include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a precious metals plant and a copper rod plant and support facilities that service both mines. Its Mexican underground mining operations include five underground mines that produce zinc, copper, lead, silver and gold, and a zinc refinery.

Based on the provided data and market analysis, here is a price prediction for SCCO stock by 2030:

Technical Analysis and Current Position

Price Target Analysis for 2030

Southern Copper (SCCO) is projected to reach $145-155 by 2030, representing a 55-65% increase from current levels around $93.46. This forecast is supported by three key factors:

1. Strong operational performance with record net sales of $11.43 billion in 2024 and consistent production growth in copper, zinc and silver

2. Robust fundamental metrics with high profit margins (45.8% gross margin) and strong ROE (32.5%) indicating operational efficiency

3. Strategic positioning in copper market with expected demand growth from renewable energy and EV sectors through 2030

Key Growth Drivers

• Production Outlook: Company projects stable copper output of 967,000 tons in 2025, with 32% growth in zinc and 10% growth in silver production

• Industry Leadership: SCCO maintains its position as one of the lowest-cost producers in the copper mining industry

• Market Dynamics: Growing demand for copper in renewable energy infrastructure and electric vehicles supports long-term price appreciation

Risk Factors

• Commodity price volatility
• Geopolitical risks in mining regions
• Global economic growth uncertainty
• Regulatory changes in key markets

SCCO has a total of 15810 employees.