Southern Copper (BUE:SCCO) Marketable Securities : ARS216,347 Mil (As of Dec. 2023)

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What is Southern Copper Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Southern Copper's Marketable Securities for the quarter that ended in Dec. 2023 was ARS216,347 Mil.

Southern Copper's annual Marketable Securities declined from Dec. 2021 (ARS49,172 Mil) to Dec. 2022 (ARS34,921 Mil) but then increased from Dec. 2022 (ARS34,921 Mil) to Dec. 2023 (ARS216,347 Mil).

Southern Copper Marketable Securities Historical Data

The historical data trend for Southern Copper's Marketable Securities 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 Marketable Securities Chart

Southern Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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4,823.73

33,430.90

49,172.03

34,921.49

216,347.30

Southern Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															34,921.49	27,775.53	72.00	86,472.65	216,347.30

Southern Copper Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Southern Copper (BUE:SCCO) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Southern Copper Marketable Securities Related Terms

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Southern Copper (BUE:SCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Copper Corp (BUE:SCCO) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

SCCO:USA SCCO:Peru SCCO:Mexico PCU:Germany

Address

7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020

Website

https://www.southerncoppercorp.com

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.