Southern Copper Corp. Opens with 4.94% Gain, Outperforming S&P 500's Decline

Southern Copper Corp. opened today with a notable gain of 4.94%, reflecting a strong performance in the minerals and mining sector. The stock's one-day performance stands at 6.47%, significantly outperforming the S&P 500, which is down by 2.71%. Over the past month, Southern Copper has shown impressive growth, with a 25.45% increase compared to the S&P 500's modest rise of 0.31%.
Key financial metrics highlight the company's robust position. Southern Copper boasts a high return on capital employed (ROCE) of 40.77%, indicating efficient management. The company also maintains a low debt-to-EBITDA ratio of 0.70, showcasing its strong ability to service debt. Additionally, net sales have grown at an annual rate of 10.49%, contributing to a healthy long-term growth outlook.

Recent financial results reveal that operating cash flow reached a record USD 4,498.2 million, while raw material costs decreased by 0.87% year-over-year. With cash and equivalents at USD 8,344.8 million, Southern Copper is well-positioned in the market. The stock is trading at a discount relative to its peers, with a PEG ratio of 0.5, further emphasizing its fair valuation.