Media stories about Southern Copper (NYSE:SCCO) have been trending positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Southern Copper earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 46.0041980131451 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Southern Copper (NYSE:SCCO) traded down $0.20 on Thursday, hitting $54.50. The stock had a trading volume of 638,182 shares, compared to its average volume of 1,210,000. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.71 and a quick ratio of 1.82. Southern Copper has a twelve month low of $32.63 and a twelve month high of $55.52. The firm has a market capitalization of $42,130.00, a PE ratio of 27.81 and a beta of 0.48.
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 13th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, February 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.20%. This is a boost from Southern Copper’s previous quarterly dividend of $0.25. Southern Copper’s payout ratio is 61.22%.
In other news, Director Bonilla Luis Miguel Palomino sold 600 shares of Southern Copper stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $52.30, for a total transaction of $31,380.00. Following the sale, the director now owns 5,614 shares in the company, valued at $293,612.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is currently owned by insiders.
About Southern Copper
Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Its segments include the Peruvian operations, the Mexican open-pit operations and the Mexican underground mining operations segment identified as the IMMSA unit.
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