Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Southern Copper's share price for the quarter that ended in Dec. 2023 was $86.07. Southern Copper's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 773 Mil. Therefore, Southern Copper's market cap for the quarter that ended in Dec. 2023 was $66,542 Mil.
Southern Copper's quarterly market cap
increased
from Jun. 2023 ($55,463 Mil) to Sep. 2023 ($58,208 Mil) and
increased
from Sep. 2023 ($58,208 Mil) to Dec. 2023 ($66,542 Mil).
Southern Copper's annual market cap
declined
from Dec. 2021 ($47,707 Mil) to Dec. 2022 ($46,688 Mil) but then
increased
from Dec. 2022 ($46,688 Mil) to Dec. 2023 ($66,542 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Southern Copper's Enterprise Value for Today is $94,450 Mil.
Southern Copper Market Cap Historical Data
The historical data trend for Southern Copper's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Southern Copper Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
32,839.72
50,342.77
47,707.45
46,687.63
66,541.84
Southern Copper Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
46,687.63
58,949.33
55,462.84
58,207.60
66,541.84
Competitive Comparison
For the Copper subindustry, Southern Copper's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Southern Copper Market Cap Distribution
For the Metals & Mining industry and Basic Materials sector, Southern Copper's Market Cap distribution charts can be found below:
* The bar in red indicates where Southern Copper's Market Cap falls into.
Southern Copper Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Southern Copper's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Southern Copper (NYSE:SCCO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Southern Copper Market Cap Related Terms
Thank you for viewing the detailed overview of Southern Copper's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern Copper (Southern Copper) Business Description
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.
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