Trade Southern Copper Corporation - SCCO CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.61
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022235 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.000012 %($0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022235 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.000012 %
  ($0.00)

Key Stats

• Prev. Close: 205.12
• Open: 203.05
• 1-Year Change: 58.16%
• Day's Range: 200.21 - 206.47

Trade Southern Copper Corporation - SCCO

About Southern Copper Corp

Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Its segments include the Peruvian operations, the Mexican open-pit copper mines and the Mexican underground mining operations segment identified as the IMMSA unit. The Peruvian operations segment includes the Toquepala and Cuajone mine complexes, and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines. The Mexican open-pit operations segment includes the La Caridad and Buenavista mine complexes, and the smelting and refining plants, including a metals plant and a copper rod plant, and support facilities that service both mines. The Mexican underground mining operations segment includes five underground mines that produce zinc, copper, silver and gold, and a zinc refinery.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Southern Copper Corp revenues increased 37% to $10.93B. Net income increased from $1.57B to $3.4B. Revenues reflect Mexican Open Pit segment increase of 38% to $6.11B, Peruvian Operations segment increase of 39% to $4.37B, Copper, Avg. Price Per Metric Ton-Total increase of 51% to $9178 per metric ton, Stripping Ratio -Cuajone increase of 22% to 3.7%.

Equity composition

Common Stock $0.01 Par, 02/12, 2B auth., 8549,978,486 o/s., in Treas. @ $631M. Insiders own 81.02%. FY'02 Qs are CLA. 04/05 Minera Mexico acquired, thereby Class A common stock was converted into Common stock. 10/06, 2-for-1 stock split. 07/08, 3-for-1 stock split. 02/12, 1.07% Stock dividend.