• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Southern Copper Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    2/12/25 8:45:39 AM ET
    $SCCO
    Metal Mining
    Basic Materials
    Get the next $SCCO alert in real time by email
    0001001838false00010018382025-02-112025-02-11

    ​

    ​

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

    FORM 8-K

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(D) OF THE

    SECURITIES EXCHANGE ACT OF 1934

    Date of report (Date of earliest event reported): February 12, 2025 (February 11, 2025)

    SOUTHERN COPPER CORPORATION

    (Exact name of registrant as specified in its charter)

    ​

    ​

    ​

    Delaware

        

    1-14066

        

    13-3849074

    (State or Other Jurisdiction
    of Incorporation)

    ​

    (Commission File Number)

    ​

    (IRS Employer
    Identification Number)

    ​

    7310 N. 16th Street, Suite 135, Phoenix, AZ 85020

    (Address of principal executive offices, including zip code)

    (602) 264-1375

    (Registrant’s telephone number, including area code)

    Not Applicable

    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ​

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ​

    ​

    ​

    ​

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ​

    ​

    ​

    ​

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ​

    ​

    ​

    ​

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    ​

    Securities registered pursuant to Section 12(b) of the Act:

    ​

    ​

    Title of each class:

        

    Trading Symbol

        

    Name of each exchange on which registered:

    Common stock, par value $0.01 per share

    SCCO

    ​

    New York Stock Exchange
    Lima Stock Exchange

    ​

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

    ​

    ​

    ​

    ​

    ITEM 2.02     Results of Operations and Financial Condition

    On February 11, 2025, Southern Copper Corporation (“SCC”) issued a press release announcing financial results for the fourth quarter and full year ended on December 31, 2024. In this press release, SCC reported that on January 23, 2025, the Board of Directors authorized a quarterly cash dividend of $0.70 per share of common stock and a stock dividend of 0.0073 shares of common stock per share of common stock payable on February 27, 2025, to shareholders of record at the close of business on February 11, 2025. In lieu of fractional shares, cash will be distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $95.86, which is the average of the high and low share price on January 23, 2025. A copy of this press release is attached hereto as Exhibit 99.1.

    The information in this report and the exhibit attached hereto are being furnished and shall not be deemed as “filed” for purposes of Section 18 of the Securities Act of 1934. Accordingly, this information will not be incorporated by reference into any registration statement or other document filed by Southern Copper Corporation pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly stated in such filing.

    ITEM 9.01     Financial Statements and Exhibits

    (d)

    Exhibits:

    ​

    ​

    99.1

    Press release of Southern Copper Corporation dated February 11, 2025, furnished pursuant to Item 2.02 of this Form 8- K.

    ​

    ​

    104

    Cover Page Interactive Data File (embedded within the inline XBRL document)

    ​

    ​

    2

    ​

    INDEX TO EXHIBITS

    ​

    Exhibits

        

    ​

    99.1

    ​

    Press release of Southern Copper Corporation dated February 11, 2025, furnished pursuant to Item 2.02 of this Form 8-K.

    ​

    ​

    ​

    104

    ​

    Cover Page Interactive Data File (embedded within the inline XBRL document)

    ​

    ​

    3

    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    ​

    ​

    ​

    SOUTHERN COPPER CORPORATION

    ​

    ​

    ​

    ​

    ​

    By:

    /s/ Andres Carlos Ferrero

    ​

    Name:

    Andres Carlos Ferrero

    ​

    Title:

    General Counsel

    ​

    Date: February 12, 2025

    ​

    4

    Get the next $SCCO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SCCO

    DatePrice TargetRatingAnalyst
    3/13/2025$120.00Neutral → Buy
    UBS
    12/12/2024$106.30 → $102.00Underweight → Equal-Weight
    Morgan Stanley
    12/2/2024$92.50Underweight → Neutral
    Analyst
    7/12/2024$120.00Neutral
    UBS
    4/22/2024$80.00Hold → Reduce
    HSBC Securities
    3/22/2024$91.00 → $130.00Hold → Buy
    Jefferies
    11/27/2023$83.00 → $68.00Equal-Weight → Underweight
    Morgan Stanley
    9/18/2023$91.00Hold
    Jefferies
    More analyst ratings

    $SCCO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Southern Copper upgraded by UBS with a new price target

      UBS upgraded Southern Copper from Neutral to Buy and set a new price target of $120.00

      3/13/25 8:20:59 AM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Southern Copper upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Southern Copper from Underweight to Equal-Weight and set a new price target of $102.00 from $106.30 previously

      12/12/24 8:59:42 AM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Southern Copper upgraded by Analyst with a new price target

      Analyst upgraded Southern Copper from Underweight to Neutral and set a new price target of $92.50

      12/2/24 10:09:20 AM ET
      $SCCO
      Metal Mining
      Basic Materials

    $SCCO
    Financials

    Live finance-specific insights

    See more
    • Copper Demand Expected to Nearly Double by 2035

      FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Copper supply can't keep up with the booming demand for copper, putting net-zero emissions targets at risk, according to a new report from S&P Global. Copper is essential for electric vehicles, wind and solar power, and infrastructure that transports and stores renewable energy. The report projects that copper demand will almost double to 50 million metric tons by 2035 and reach over 53 million metric tons by 2050. To put that number into perspective, S&P Global noted that it's "more than all the copper consumed in the world between 1900 and 2021." Solving the supply shortage isn't as simple as

      8/3/22 8:50:00 AM ET
      $BHP
      $GOLD
      $SCCO
      Coal Mining
      Energy
      Precious Metals
      Basic Materials

    $SCCO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Copper Miners Expand Operations to Address Global Supply Shortages

      Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, Aug. 9, 2024 /PRNewswire/ -- USA News Group - Energy Metals News – At the beginning of 2024, Forbes was reporting on a showdown between the United States and China over a dwindling copper supply, as prices soared. Now with the rise of artificial intelligence (AI), the tech sector is getting hungrier for more copper, with AI recently helping to find millions of tons of it in Zambia. Despite a small price slump over the last few months, there are still analysts confidently expressing bullish sentiment for copper over the long term, with Citigroup predicting further price increases. Looking ahead, the US copper supp

      8/9/24 1:14:00 PM ET
      $ERO
      $MTAL
      $SCCO
      $TGB
      Metal Mining
      Basic Materials
      Precious Metals
    • Copper Miners Expand Operations to Address Global Supply Shortages

      Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, BC, Aug. 1, 2024 /PRNewswire/ -- Energy Metals News – At the beginning of 2024, Forbes was reporting on a showdown between the United States and China over a dwindling copper supply, as prices soared. Now with the rise of artificial intelligence (AI), the tech sector is getting hungrier for more copper, with AI recently helping to find millions of tons of it in Zambia. Despite a small price slump over the last few months, there are still analysts confidently expressing bullish sentiment for copper over the long term, with Citigroup predicting further price increases. Looking ahead, the US copper supply is set to

      8/1/24 11:30:00 AM ET
      $ERO
      $MTAL
      $SCCO
      Metal Mining
      Basic Materials
    • The Oregon Group Predicts Historical Copper Supply Gap

      TORONTO, Sept. 21, 2023 /PRNewswire/ - The supply of copper, essential for a host of industries and crucial to green technology and the global energy transition, is expected to face a supply gap of nearly 10 million mt within the next ten years according to a new report. The Oregon Group predicts a long-term supply deficit in the copper market, despite the existence of large global reserves. Supply of copper expected to face a supply gap of nearly 10 million mt within the next ten years.The report examines key trends affecting global copper supply and demand. These include years of supply side underinvestment, rising geopolitical tensions, and exponential growth of industries connected to d

      9/21/23 9:30:00 AM ET
      $FCX
      $SCCO
      Metal Mining
      Basic Materials

    $SCCO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Castillo Sanchez Mejorada Enrique was granted 400 shares, increasing direct ownership by 12% to 3,647 units (SEC Form 4)

      4 - SOUTHERN COPPER CORP/ (0001001838) (Issuer)

      4/21/25 4:23:57 PM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Director Palomino Bonilla Luis Miguel was granted 400 shares, increasing direct ownership by 15% to 3,141 units (SEC Form 4)

      4 - SOUTHERN COPPER CORP/ (0001001838) (Issuer)

      4/21/25 4:11:25 PM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Director Valenzuela Rionda Jose Pedro was granted 400 shares, increasing direct ownership by 14% to 3,225 units (SEC Form 4)

      4 - SOUTHERN COPPER CORP/ (0001001838) (Issuer)

      4/21/25 4:06:18 PM ET
      $SCCO
      Metal Mining
      Basic Materials

    $SCCO
    SEC Filings

    See more
    • SEC Form 10-Q filed by Southern Copper Corporation

      10-Q - SOUTHERN COPPER CORP/ (0001001838) (Filer)

      4/30/25 3:15:01 PM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Southern Copper Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - SOUTHERN COPPER CORP/ (0001001838) (Filer)

      4/25/25 11:56:12 AM ET
      $SCCO
      Metal Mining
      Basic Materials
    • Southern Copper Corporation filed SEC Form 8-K: Leadership Update

      8-K - SOUTHERN COPPER CORP/ (0001001838) (Filer)

      4/17/25 9:21:27 AM ET
      $SCCO
      Metal Mining
      Basic Materials