Luis Bonilla - Southern Copper Independent Director
| SCCO Stock | USD 102.01 2.27 2.28% |
Director
Dr. Luis Miguel Palomino Bonilla, Ph.D. serves as Independent Director of Southern Copper Corporationrationration, Dr. Palomino was a director of the Company since March 19, 2004. Dr. Palomino is a member of the board of directors and Vicechairman of the Central Bank of Peru since September 2016, a director of the Masters in Finance Program at the University of the Pacific in Lima, Peru since July 2009, a member of the board of directors of Laboratorios Portugal since September 2017, and a member of the board of directors of Summa Capital, S. A. since April 2014. Dr. Palomino was Chairman of the board of directors of Aventura Plaza, S.A. from January 2008 to June 2016, member of the board of directors and Manager of the Peruvian Economic Institute from April 2009 to August 2016, Partner of Profit Consultoria e Inversiones from July 2007 to July 2016, and a member of the board of directors and chairman of the audit committee of the Bolsa de Valores de Lima from March 2013 to July 2016. Dr. Palomino was Principal and Senior Consultant of Proconsulta International from September 2003 to June 2007. He was First Vice President and Chief Economist, Latin America, for Merrill Lynch, Pierce, Fenner Smith, New York from 2000 to 2002. He was Chief Executive Officer, Senior Country and Equity Analyst of Merrill Lynch, Peru from 1995 to 2000 since 2004.
| Age | 60 |
| Tenure | 20 years |
| Professional Marks | Ph.D |
| Address | 7310 North 16th St, Phoenix, AZ, United States, 85020 |
| Phone | 602 264 1375 |
| Web | https://www.southerncoppercorp.com |
Latest Insider Transactions
| 2024-11-19 | Disposed of 101 shares @ 103.68 | View | |
| 2024-09-26 | Disposed of 100 shares @ 119.5 | View | |
| 2024-09-17 | Disposed of 100 shares @ 100 | View | |
| 2024-08-26 | Disposed of 100 shares @ 105.13 | View | |
| 2024-08-08 | Disposed of 100 shares @ 99.6 | View | |
| 2024-06-12 | Disposed of 100 shares @ 110 | View | |
| 2024-04-29 | Disposed of 300 shares @ 118.5 | View | |
| 2024-04-03 | Disposed of 100 shares @ 110.2 | View | |
| 2024-03-13 | Disposed of 100 shares @ 87.1 | View | |
| 2024-03-04 | Disposed of 100 shares @ 81.5 | View |
Southern Copper Management Efficiency
The company has return on total asset (ROA) of 0.1808 % which means that it generated a profit of $0.1808 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3619 %, meaning that it created $0.3619 on every $100 dollars invested by stockholders. Southern Copper's management efficiency ratios could be used to measure how well Southern Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.11. In addition to that, Return On Capital Employed is likely to drop to 0.21. At this time, Southern Copper's Non Currrent Assets Other are very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 455.2 M, while Total Assets are likely to drop about 9.2 B.Similar Executives
| Found 11 records | DIRECTOR Age | ||
| Zenon Wozniak | First Quantum Minerals | N/A | |
| Robert Dickinson | Taseko Mines | 71 | |
| Sarah Kavanagh | Hudbay Minerals | 64 | |
| Igor Gonzales | Hudbay Minerals | 66 | |
| Colin Osborne | Hudbay Minerals | 56 | |
| Carol Banducci | Hudbay Minerals | 61 | |
| Kenneth Pickering | Taseko Mines | 72 | |
| Alexander Morrison | Taseko Mines | 55 | |
| Richard Mundie | Taseko Mines | N/A | |
| Anu Dhir | Taseko Mines | 47 | |
| Carin Knickel | Hudbay Minerals | 64 | |
Management Performance
| Return On Equity | 0.36 | ||||
| Return On Asset | 0.18 |
Southern Copper Leadership Team
Elected by the shareholders, the Southern Copper's board of directors comprises two types of representatives: Southern Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Southern. The board's role is to monitor Southern Copper's management team and ensure that shareholders' interests are well served. Southern Copper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Southern Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xavier Topete, COO, Director; President CEO of Southern Copper Minera Mexico | ||
| Gilberto Cifuentes, Independent Director | ||
| Lina Vilca, Comptroller | ||
| Vicente Andreve, Independent Director | ||
| German Velasco, Chairman of the Board | ||
| Luis Bonilla, Independent Director | ||
| Edgard Aguilar, Vice President of Exploration | ||
| Carlos Sacristan, Independent Director | ||
| Andres Ghislieri, General Counsel | ||
| Alfredo Perez, Director | ||
| Rafael Anciola, Independent Director | ||
| Julian Psihas, Secretary | ||
| Raul Castro, General Auditor | ||
| Victor Pedraglio, Manager Relations | ||
| Engineer Rocha, CEO President | ||
| Enrique Mejorada, Independent Director | ||
| Oscar Rocha, President, Chief Executive Officer, Director | ||
| Raul Ruisanchez, Chief Financial Officer, Vice President - Finance, Treasurer | ||
| Rafael Abad, General Auditor |
Southern Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Southern Copper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.36 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.49 % | ||||
| Current Valuation | 82.84 B | ||||
| Shares Outstanding | 790.41 M | ||||
| Shares Owned By Insiders | 88.99 % | ||||
| Shares Owned By Institutions | 9.17 % | ||||
| Number Of Shares Shorted | 7.02 M | ||||
| Price To Earning | 21.45 X |
Pair Trading with Southern Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Southern Stock
The ability to find closely correlated positions to Southern Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Copper to buy it.
The correlation of Southern Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.452 | Dividend Share 2.37 | Earnings Share 3.83 | Revenue Per Share 13.947 | Quarterly Revenue Growth 0.17 |
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.