Company Quick10K Filing
Southern Copper
10-Q 2020-03-31 Filed 2020-05-04
10-K 2019-12-31 Filed 2020-02-28
10-Q 2019-09-30 Filed 2019-10-28
10-Q 2019-06-30 Filed 2019-07-26
10-Q 2019-03-31 Filed 2019-04-29
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-10-31
10-Q 2018-06-30 Filed 2018-07-30
10-Q 2018-03-31 Filed 2018-05-02
10-K 2017-12-31 Filed 2018-03-01
10-Q 2017-09-30 Filed 2017-11-06
10-Q 2017-06-30 Filed 2017-08-02
10-Q 2017-03-31 Filed 2017-05-08
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-08
10-Q 2016-06-30 Filed 2016-08-01
10-Q 2016-03-31 Filed 2016-05-02
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-10-30
10-Q 2015-06-30 Filed 2015-07-31
10-Q 2015-03-31 Filed 2015-04-30
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-10-31
10-Q 2014-06-30 Filed 2014-08-05
10-Q 2014-03-31 Filed 2014-05-06
10-K 2013-12-31 Filed 2014-02-27
10-Q 2013-09-30 Filed 2013-10-30
10-Q 2013-06-30 Filed 2013-08-05
10-Q 2013-03-31 Filed 2013-04-30
10-K 2012-12-31 Filed 2013-02-28
10-Q 2012-09-30 Filed 2012-10-25
10-Q 2012-06-30 Filed 2012-08-03
10-Q 2012-03-31 Filed 2012-05-02
10-K 2011-12-31 Filed 2012-02-27
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-06
10-Q 2010-06-30 Filed 2010-08-03
10-Q 2010-03-31 Filed 2010-05-04
10-K 2009-12-31 Filed 2010-02-26
8-K 2020-04-24 Earnings, Exhibits
8-K 2020-02-25 Earnings, Exhibits
8-K 2019-10-31 Other Events, Exhibits
8-K 2019-10-23 Earnings, Exhibits
8-K 2019-09-19 Other Events, Exhibits
8-K 2019-08-12 Other Events
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-07-18 Officers
8-K 2019-07-09 Other Events, Exhibits
8-K 2019-04-29 Earnings, Exhibits
8-K 2019-04-25 Shareholder Vote
8-K 2019-04-11 Officers
8-K 2019-02-11 Earnings, Exhibits
8-K 2019-02-11 Other Events
8-K 2018-10-24 Earnings, Exhibits
8-K 2018-10-18 Other Events, Exhibits
8-K 2018-07-24 Earnings, Exhibits
8-K 2018-07-18 Officers
8-K 2018-04-26 Shareholder Vote
8-K 2018-04-25 Earnings, Exhibits
8-K 2018-03-01 Other Events
8-K 2018-02-21 Other Events
8-K 2018-02-02 Earnings, Exhibits

Southern Copper Financials

SCCO Metrics, Comps, Filings

Quarterly | Annual

Business

Southern Copper Corporation ("SCC", "Southern Copper" or the "Company") is one of the largest integrated copper producers in the world. Our major production includes copper, molybdenum, zinc and silver. All of our mining, smelting and refining facilities are located in Peru and Mexico and we conduct exploration activities in those countries and in Argentina, Chile and Ecuador. See Item 2 "Properties-Review of Operations" for maps of our principal mines, smelting facilities and refineries. Our operations make us one of the largest mining companies in Peru and Mexico. We believe we have the largest copper reserves in the world. We were incorporated in Delaware in 1952 and have conducted copper mining operations since 1960. Since 1996, our common stock has been listed on both the New York and Lima Stock Exchanges.

Our Peruvian copper operations involve mining, milling and flotation of copper ore to produce copper concentrates and molybdenum concentrates; the smelting of copper concentrates to produce blister and anode copper; and the refining of anode copper to produce copper cathodes. As part of this production process, we also produce significant amounts of molybdenum concentrate and sulfuric acid. Our precious metals plant at the Ilo refinery produces refined silver, gold, and other materials. Additionally, we produce refined copper using solvent extraction/electrowinning technology ("SX-EW"). We operate the Toquepala and Cuajone open-pit mines high in the Andes Mountains, approximately 860 kilometers southeast of the city of Lima, Peru. We also operate a smelter and refinery west of the Toquepala and Cuajone mines in the coastal city of Ilo, Peru.

Our Mexican operations are conducted through our subsidiary, Minera Mexico, S.A. de C.V. ("Minera Mexico"), which we acquired in 2005. Minera Mexico engages primarily in the mining and processing of copper, molybdenum, zinc, silver, gold and lead. Minera Mexico operates through subsidiaries that are grouped into three separate units. Mexicana de Cobre, S.A. de C.V. (together with its subsidiaries, the "La Caridad" unit) operates La Caridad, an open-pit copper mine, a copper ore concentrator, a SX-EW plant, a smelter, refinery and a rod plant. The La Caridad refinery has a precious metals plant which produces refined silver, gold and other materials. Operadora de Minas e Instalaciones Mineras, S.A de C.V. (the "Buenavista unit") operates Buenavista, an open-pit copper mine, which is located at the site of one of the world's largest copper ore deposits, two copper concentrators and three SX-EW plants. Industrial Minera Mexico, S.A. de C.V. (together with its subsidiaries, the "IMMSA unit") operates five underground mines that produce zinc, lead, copper, silver and gold, a coal mine and a zinc refinery.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Newmont Mining (NEM) 31,565 6% 8.2 6% 40,763 18,279 8,821 541 2,300 4,350 35,534
Southern Copper (SCCO) 26,664 49% 11.4 10% 16,494 9,624 7,126 3,472 1,574 2,885 32,960
Freeport-McMoran (FCX) 14,012 7% 15.9 0% 40,943 23,401 14,335 946 146 1,348 21,419
Royal Gold (RGLD) 8,241 35% 27.8 6% 2,548 326 442 154 149 298 8,289
Agnico Eagle Mines (AEM) 6,846 0% 5,256 1,846 0 0 0 0 7,378
Sibanye Gold (SBGL) 5,530 0% 84,923 0 0 0 0 2,981
AngloGold Ashanti (AU) 5,102 0% 6,643 3,949 0 0 0 0 4,790
Buenaventura Mining (BVN) 4,371 0% 4,217 1,188 0 0 0 0 4,371
Gold Fields (GFI) 2,826 0% 6,104 3,397 0 0 0 0 2,426
Cleveland-Cliffs (CLF) 2,052 30% 4.2 24% 3,491 3,131 2,152 651 839 925 3,890
NOVAGOLD (NG) 1,555 -16.3 -42% 252 103 0 0 -107 -101 1,637
Nexa Resources (NEXA) 1,577 0% 5,735 2,834 0 0 0 0 1,257
Coeur Mining (CDE) 1,229 -1% 13.9 -4% 1,690 759 660 -10 -70 103 1,438
Harmony Gold Mining (HMY) 1,220 0% 36,736 0 0 0 0 1,084
McEwen Mining (MUX) 602 6% -30.1 -5% 607 130 149 9 -33 -21 638
Golden Star Resources (GSS) 425 4.2 -3% 705 285 0 43 -24 111 465
Mesabi Trust (MSB) 313 94% 9.8 112% 28 13 34 32 32 32 313
Gold Resource (GORO) 250 24% 9.1 3% 192 34 124 29 7 27 243
Uranium Energy (UEC) 176 -12.0 -19% 97 27 0 0 -19 -15 181
Tanzanian Royalty Exploration (TRX)

Balance Sheet ($MM)2009-12-312010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash7726522,1452,2372,1931,9731,4541,2438481,5181,0791,1582,4592,4621,9401,7951,6731,4731,3351,0343641921,5725042743764525125466996897981,0051,0681,0329678457377521,935
Accounts Receivable408469386392672597767571695713619530669567471487533523583514540501481420449520477564592670620830891874813778822877787842
Inventory4564694474305056296096246526096266466836926837056947507557508368438268058579319799731,0109809759971,0421,0501,0041,0081,0331,0361,0691,062
PP&E3,9703,9744,0114,0434,0954,0954,1304,2108,4074,4964,6664,8569,4125,3495,6366,03210,9876,6866,9347,19012,2857,5467,6927,87313,4568,4008,4988,58114,4738,7568,8388,92815,4249,1189,1739,31216,3269,3849,4159,395
Assets6,0636,0017,4497,6118,1288,1257,7948,0008,0638,4948,37310,84210,38410,77710,65410,93611,21011,26511,50811,53711,55211,24813,34912,86512,59312,80812,78713,06313,23413,52313,51513,98213,78014,03814,04614,31714,48515,54315,34516,494
Accounts Payable284254223220559591342331443451385427476519453457501502509604550471549543647704560549584506548565660640621688673587631575
Long-Term Debt1,2801,2802,7652,7652,7602,7552,8542,8542,9753,1283,0913,2844,8714,6544,2094,2104,2514,2344,4954,5394,3704,4116,1995,9516,0515,9526,0346,4116,2126,4926,6336,9717,2956,8466,5386,6536,3026,8327,1088,231
Liabilities2,1692,0883,6053,7164,2184,1633,7733,8704,0263,9993,7974,2415,5955,6945,4305,5265,6495,5315,5315,6575,7155,5787,5077,3137,2947,4007,1957,3287,3637,3997,1837,3527,6317,6497,4777,6867,8728,8508,5569,624
Stockholders' Equity3,8763,8943,8253,8773,8903,9424,0014,1094,0154,4724,5536,5774,7655,0585,1985,3835,5345,7055,9475,8495,8045,6365,8075,5175,2635,3715,5555,6965,8326,0856,2926,5906,1086,3476,5266,5866,5676,6466,7406,821
Income Statement ($MM)2009-12-312010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue1,8061,6601,5521,6511,6231,4811,3841,5351,3541,4871,4751,4711,2751,3831,8411,8371,7241,6951,7531,8181,860
Cost of Revenue4995225435357376966776537226686717097277126667666427277307436807076718707277528317248448177828238768528241,036844867906
Gross Profit9441,084992882853896769718658713761745614595676248502864965986900659909951953
R&D
SG&A2222212325262430252524272527242624252627252524262624232221222524242626283132
Tax20317517931123830225331231931022023223516719517220422617415112915712553921021111961762252201,037237309258238251241
Net Income3853153674924806606655376215652195334973743464083253383263492842969962186222198172315418403-286472411371294389499391
Cash Flow ($MM)2009-12-312010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating3075285345525152038684847203776622445943064674903353494362372213352626364265307287490354436697650406733371414585
Cash Investing-67-123-121-163-228-112-471-272117-353-264-168-376-574-451-343-388-388-330-5499-772-7252698-120-202-228-247-239-203-330-301-260-468-173-86-66
Cash Financing-3671,092-317-372-502-630-633-611-160-489-3031,231-203-239-160-263-153-96-423-393-4011,796-591-312-77-38-57-39-62-92-108-193-233-232-309-309-309668