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SCCO

Southern Copper

$35.05 /

-1.09 (-3.02%)

16:56
02/25/20
02/25
16:56
02/25/20
16:56

Southern Copper reports Q4 EPS 40c, may not compare to consensus 50c

Reports Q4 revenue $1.85B, consensus $1.86B. Mr. German Larrea, Chairman of the Board, commenting on the company's progress said: "2019 was aremarkable year for Southern Copper. We reached a new record on copper production and sales as result ofadditional production coming from the new Toquepala concentrator and our Buenavista unit. With the successful ramping up of our new Toquepala unit, we have completed the first stage of our growth projects, which allowed us to obtain a new annual production record for copper (993,822 tons), molybdenum (26,885 tons) and silver (20.3 million ounces). Our low cost production will provide the required operational strength and liquidity to

SCCO Southern Copper
$35.05 /

-1.09 (-3.02%)

02/18/20 Morgan Stanley
Morgan Stanley downgrades Southern Copper to Underweight, prefers Freeport
02/18/20 Morgan Stanley
Southern Copper downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 Itau BBA
Southern Copper downgraded to Market Perform from Outperform at Itau BBA
11/15/19 Citi
Citi makes Freeport McMoRan top pick in copper, says 'risk-on' winner

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