南方铜业(SCCO)
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SCC(SCCO) - 2024 Q2 - Earnings Call Transcript
2024-07-23 03:23
财务数据和关键指标变化 - 公司本季度净销售额为38.18亿美元,同比增长36% [20] - 公司本季度调整后EBITDA为17.97亿美元,同比增长61% [22][23] - 公司本季度净利润为9.5亿美元,同比增长74% [26][27] - 公司上半年经营活动产生的现金流为16.22亿美元,同比下降18% [28] 各条业务线数据和关键指标变化 - 铜产量占公司销售额的76%,本季度铜产量为24.2474万吨,同比增长15% [11][12] - 钼产量占公司销售额的12%,本季度钼产量增加21% [14][15] - 银产量占公司销售额的5%,本季度银产量增加8% [16][17] - 锌产量占公司销售额的4%,本季度锌产量增加71% [17][18][19] 各个市场数据和关键指标变化 - 伦敦金属交易所铜价格本季度平均为4.42美元/磅,同比增长15% [9] - 钼价格本季度平均为21.69美元/磅,同比增加4% [14] - 银价格本季度平均为28.84美元/盎司,同比增加19% [16] - 锌价格本季度平均为1.29美元/磅,同比增加12% [17] 公司战略和发展方向及行业竞争 - 公司正在推进多个大型项目,包括秘鲁的Tia Maria、Los Chancas和Michiquillay项目,以及墨西哥的Buenavista Zinc、El Pilar和El Arco项目 [29][39][40] - 公司还考虑在秘鲁和墨西哥建设冶金综合体,以处理目前的精矿产量 [92] - 公司正在评估是否可以利用大坝而非海水淡化厂为Tia Maria项目供水,以降低资本支出和运营成本 [49][50][51][52][53][54][55] 管理层对经营环境和未来前景的评论 - 公司预计2024年全年铜市场将出现217,000吨的供给缺口 [9] - 尽管中国房地产市场需求疲软,但美国经济韧性强以及去碳化和人工智能带来的新需求支撑了铜价 [10] - 公司对2024年全年铜产量、钼产量和银产量的指引均有所增加 [13][15][17] - 公司预计2025年及以后每年将生产17.8万吨锌 [19] 其他重要信息 - 公司宣布了每股0.6美元的现金股利和每股0.0056股的股票股利 [46] - 公司的Buenavista矿山获得了铜、锌和钼的负责任生产认证 [43] - 公司的IMPULSA教育项目已有970名员工参与,430人毕业 [44] - 公司的运动员教练Jorge Iga获得了参加2024年巴黎奥运会的资格 [45] 问答环节重要的提问和回答 问题1 **Carlos de Alba 提问** 提问了Tia Maria项目是否会采用大坝而非原计划的海水淡化厂,以及这样做的成本优势 [49][50][51][52][53][54][55] **Raul Jacob 回答** 公司目前仍在按原计划开发海水淡化厂,如果未来有可能采用大坝,公司会考虑这种方案,但目前没有具体计划 [52][53][54][55] 问题2 **Marcio Farid 提问** 询问了公司现金成本优于预期的原因 [75][76][77] **Raul Jacob 回答** 主要是由于锌、银等副产品产量和价格的增加带来的收益提升 [75][76][77] 问题3 **Alejandro Demichelis 提问** 询问了公司未来股利政策的考虑 [77][78][79] **Raul Jacob 回答** 公司股利政策由董事会决定,目前采取50%现金50%股票的方式,反映了公司未来投资需求 [78][79]
SCC(SCCO) - 2024 Q2 - Quarterly Results
2024-07-20 04:41
Exhibit 99.1 Raul Jacob Victor Pedraglio +(602) 264-1375 southerncopper@southernperu.com.pe www.southerncoppercorp.com Investor Relations:July 19, 2024 Southern Copper Corporation (NYSE and BVL: SCCO) ● 2Q24 net sales were $3,118.3 million, which represented growth of 35.5% with regard to 2Q23. Expansion was primarily fueled by an increase in the sales volumes of copper (+5.5%), molybdenum (+21.4%), silver (+31.6%) and zinc (+78.1%) as well as by an increase in metal prices for all our products (Cu, LME =14 ...
Southern Copper (SCCO) Declines More Than Market: Some Information for Investors
ZACKS· 2024-07-18 06:56
The most recent trading session ended with Southern Copper (SCCO) standing at $109.89, reflecting a -1.71% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.39% loss on the day. Elsewhere, the Dow gained 0.6%, while the tech-heavy Nasdaq lost 2.77%.The miner's shares have seen an increase of 3.51% over the last month, surpassing the Basic Materials sector's gain of 2.27% and falling behind the S&P 500's gain of 4.43%.The investment community will be paying close attention to ...
Southern Copper (SCCO) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-28 06:56
The latest trading session saw Southern Copper (SCCO) ending at $107.73, denoting a -0.97% adjustment from its last day's close. This change lagged the S&P 500's 0.09% gain on the day. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq increased by 0.3%. The miner's stock has dropped by 8.95% in the past month, falling short of the Basic Materials sector's loss of 4.67% and the S&P 500's gain of 3.38%. Market participants will be closely following the financial results ...
Southern Copper (SCCO) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-06-22 06:55
In the latest trading session, Southern Copper (SCCO) closed at $109.12, marking a -1.28% move from the previous day. This change lagged the S&P 500's 0.16% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%. The the stock of miner has fallen by 5.16% in the past month, leading the Basic Materials sector's loss of 6.35% and undershooting the S&P 500's gain of 3.15%. Analysts and investors alike will be keeping a close eye on the perfo ...
Southern Copper (SCCO): Strong Industry, Solid Earnings Estimate Revisions
ZACKS· 2024-06-21 20:21
One stock that might be an intriguing choice for investors right now is Southern Copper Corporation (SCCO) . This is because this security in the Mining - Non Ferrous space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place ...
Here is What to Know Beyond Why Southern Copper Corporation (SCCO) is a Trending Stock
ZACKS· 2024-06-20 22:06
Southern Copper (SCCO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this miner have returned -7.4%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Mining - Non Ferrous industry, which Southern Copper falls in, has lost 12.9%. The key question now is: What could be the stock's future direction ...
Southern Copper (SCCO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-06-13 06:50
The latest trading session saw Southern Copper (SCCO) ending at $108.07, denoting a +0.32% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.85%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq appreciated by 1.53%. The miner's shares have seen a decrease of 12.98% over the last month, not keeping up with the Basic Materials sector's loss of 3.24% and the S&P 500's gain of 3.11%. Market participants will be closely following the f ...
Is Trending Stock Southern Copper Corporation (SCCO) a Buy Now?
ZACKS· 2024-06-06 22:06
Southern Copper (SCCO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this miner have returned -1%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Mining - Non Ferrous industry, which Southern Copper falls in, has lost 1%. The key question now is: What could be the stock's future direction? Although media re ...
Southern Copper (SCCO) to Gain From Higher Production & Prices
zacks.com· 2024-05-23 01:16
Southern Copper Corporation (SCCO) is positioned for growth, supported by its industry-leading copper reserves and expansion projects. The recent pickup in copper and silver prices is expected to boost the company's results. Upbeat Production Outlook Southern Copper expects to produce 948,800 tons of copper in 2024, which indicates a 41% year-over-year improvement. The Pilares project began full operations in 2023, and the company started ramping up production at the Buenavista zinc concentrator. These proj ...