On November 19, 2024, [PALOMINO BONILLA LUIS MIGUEL](https://www.gurufocus.com/insider/101743/palomino-bonilla-luis-miguel), a Director at Southern Copper Corp (SCCO, Financial), sold 101 shares of the company, as reported in a [SEC Filing](http://www.sec.gov/Archives/edgar/data/1001838/000110465924121075/xslF345X01/tm2429060-1_4seq1.xml). Following this transaction, the insider now owns 2,513 shares of the company.
Southern Copper Corp (SCCO) is a mining company that primarily engages in the production of copper, along with other minerals such as molybdenum, zinc, and silver. The company operates mining, smelting, and refining facilities in Peru and Mexico, and is one of the largest integrated copper producers in the world.
The insider transaction history for Southern Copper Corp shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 21 insider sells over the same timeframe.
Over the past year, [PALOMINO BONILLA LUIS MIGUEL](https://www.gurufocus.com/insider/101743/palomino-bonilla-luis-miguel) has sold a total of 9,398 shares and purchased 0 shares.
On the day of the recent sale, shares of Southern Copper Corp were trading at $103.68 each, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/SCCO) of $81,412.284 million. The [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/SCCO) is 26.79, which is higher than the industry median of 16.545 and higher than the company’s historical median price-earnings ratio.
With a price of $103.68 and a [GF Value](https://www.gurufocus.com/term/gf-value/SCCO) of $79.93, Southern Copper Corp has a price-to-GF-Value ratio of 1.3. This indicates that the stock is modestly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples ([price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/SCCO), [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/SCCO), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/SCCO), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/SCCO)) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
