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4-Traders Homepage  >  Equities  >  Nyse  >  Southern Copper Co.       

SOUTHERN COPPER CO.
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End-of-day quote. End-of-day quote  - 01/26
50.63 USD   +1.16%
02/23SOUTHERN COPPER : - Michiquillay acquisition
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02/22SOUTHERN COPPER : SCCO) Files An 8-K Other Events
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02/12SOUTHERN COPPER : Ex-dividend day for
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Peru Unionized Workers Start Two-Day Strike At Southern Copper

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12/24/2012 | 04:37pm CEST
   By Robert Kozak 
 

LIMA, Peru--Unionized workers at Southern Copper Corp.'s (>> Southern Copper Corp) Cuajone and Toquepala mines and its Ilo smelter and refinery in Peru went on strike Monday to back demands for salary increases, a union official said.

"The strike is taking place at Cuajone, Toquepala and Ilo," said Ricardo Juarez, secretary general of the worker's union at Ilo, in a telephone interview.

He said the two-day walkout was a warning to the company: If no new contract is reached, then a general, indefinite strike will start on January 15.

Talks between the company and unions aimed at reaching a new collective-bargaining agreement have been suspended.

"The negotiations were going nowhere," Mr. Juarez said. He said the company has hired replacement workers during the current strike.

Southern Copper operates mines, smelting and refining facilities in Mexico and Peru. Grupo Mexico (GMEXICO.MX) owns a majority stake in Southern Copper.

In the third quarter of 2012, Southern Copper's copper production reached 160,379 metric tons. The company also produces molybdenum and other products.

Write to Robert Kozak at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Southern Copper Corp
Stocks mentioned in the article
ChangeLast1st jan.
GRUPO MEXICO S.A. DE C.V. -1.38% 62.94 End-of-day quote.-1.68%
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2017Southern Copper Corporation Set To Impress 
Financials ($)
Sales 2018 7 851 M
EBIT 2018 3 535 M
Net income 2018 2 181 M
Debt 2018 4 403 M
Yield 2018 1,70%
P/E ratio 2018 20,13
P/E ratio 2019 18,21
EV / Sales 2018 6,09x
EV / Sales 2019 5,56x
Capitalization 43 413 M
Chart SOUTHERN COPPER CO.
Duration : Period :
Southern Copper Co. Technical Analysis Chart | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus UNDERPERFORM
Number of Analysts 10
Average target price 46,5 $
Spread / Average Target -17%
EPS Revisions
Managers
NameTitle
Oscar González Rocha President, Chief Executive Officer & Director
Germán Larrea Mota-Velasco Chairman
Raúl Jacob Ruisánchez Chief Financial Officer, Treasurer & VP-Finance
Carlos Ruiz Sacristán Pemán Independent Director
Luis Miguel Palomino Bonilla Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SOUTHERN COPPER CO.5.35%43 413
SOUTHERN COPPER CORP18.36%43 413
GMK NORIL'SKIY NIKEL' PAO--.--%27 368
CHINA MOLYBDENUM0.00%24 300
SUMITOMO METAL MINING CO., LTD.-6.51%13 188
BOLIDEN9.94%9 949