Here's How Much You'd Have If You Invested $1000 in Southern Copper a Decade Ago
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How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.What if you'd invested in Southern Copper (SCCO) ten years ago? It may not have been easy to hold on to SCCO for all that time, but if you did, how much would your investment be worth today?Southern Copper's Business In-DepthWith that in mind, let's take a look at Southern Copper's main business drivers.Phoenix, AZ-based Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals. The company conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.Southern Copper has the largest copper reserves in the industry and operates high-quality, world-class assets in investment grade countries, such as Mexico and Peru. Southern Copper reports results under three reportable segments. Each consist of a groups of mines with similar economic characteristics, type of products, processes and support facilities, regulatory environments as well as employee bargaining contracts.Peruvian operations (around 36% of the company's revenues) includes the Toquepala and Cuajone mine complexes and the smelting and refining plants, industrial railroad and port facilities that service both mines. The Peruvian operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican Open-Pit (58% of revenues) includes La Caridad and Buenavista mine complexes, the smelting and refining plants and support facilities, which service both mines. The Mexican open pit operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican underground operations (6% of revenues) (IMMSA unit) includes five underground mines that produce zinc, lead, copper, silver and gold, a coal mine which produces coal and coke, and several industrial processing facilities for zinc, copper and silver. The geographic breakdown of the company’s sales is as follows – Americas (50% of revenues), Europe (32%) and Asia (18%).Approximately 80% of the company’s revenue come from the sale of copper, 6% from molybdenum and 10% from silver and zinc. Bottom LineWhile anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Southern Copper ten years ago, you're probably feeling pretty good about your investment today.A $1000 investment made in June 2016 would be worth $7,331.28, or a gain of 633.13%, as of June 22, 2026, according to our calculations. This return excludes dividends but includes price appreciation.Compare this to the S&P 500's rally of 262.13% and gold's return of 212.32% over the same time frame.Analysts are anticipating more upside for SCCO.Southern Copper reported a 4% decline in copper production in the first quarter 2026 due to lower ore grades at Peruvian operations. Even though grades are expected to improve through the year, the company expects copper output for 2026 at around 915,400 tons, which implies a 5% year-over-year decline. The company also anticipates declines in molybdenum, silver and zinc production. However, stronger metal prices are likely to cushion the impact on revenues. Rising energy and labor costs could weigh on near-term margins. Copper demand continues to be robust, supported by the global shift toward clean energy. An anticipated supply deficit should provide additional price support. The company expects to take its copper production to 1.6 million tons backed by its planned investments exceeding $20.5 billion across Peru and Mexico over the decade.The stock is up 7.38% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 4 higher, for fiscal 2026. The consensus estimate has moved up as well.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
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