Price Over Earnings Overview: Southern Copper
Portfolio Pulse from Benzinga Insights
Southern Copper Inc.'s (NYSE:SCCO) share price increased by 0.86% in the current market session to $72.31, despite a 5.96% fall over the past month. However, the stock has spiked by 55.95% over the past year. The company's P/E ratio is lower than the aggregate P/E of 21.47 of the Metals & Mining industry, indicating that the stock might be undervalued or that shareholders do not expect future growth.
October 06, 2023 | 6:30 pm
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Southern Copper's share price increased by 0.86% to $72.31. The company's P/E ratio is lower than the industry average, suggesting that the stock might be undervalued or that shareholders do not expect future growth.
The company's share price has increased in the current market session, but fell over the past month. The P/E ratio is lower than the industry average, which could indicate that the stock is undervalued or that shareholders do not expect future growth. However, the P/E ratio should not be used in isolation for investment decisions.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100