Southern Copper: A Good Copper Bet With A High Dividend (NYSE:SCCO) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
WILMINGTON, Del. (Legal Newsline) - Securities class action lawyers are rejoicing at a recent ruling that gives them 26.7 % of the largest cash recovery in the history of the Delaware Court of Chancery.
On October 27, 2022, SCCO reported third quarter 2022 earnings of $0.67 per share on a net sale of $2,156.9 million, missing analysts' expectations. Read more here.
SCCO's EPS was $0.56 and revenues were $2.307 billion. I recommend buying SCCO at or below $44.5 with potential lower support at $43.6. Click to read more.
Southern Copper's lower production in Q1 was driven by the stoppage of operations at the Cuajone mine, Peru. See why I recommend buying SCCO at or below $44.50.