Early Access

10-KPeriod: FY2007

SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2007

Filed February 29, 2008For Securities:SCCO

Summary

Southern Copper Corporation (SCCO) filed its 2007 10-K report on February 28, 2008, detailing its performance and financial position for the fiscal year ended December 31, 2007. As a large accelerated filer, the company operates in the significant global copper market, with its common stock listed on the New York and Lima Stock Exchanges. This filing provides investors with insights into the company's operational scale and market presence during a period that likely reflected commodity price dynamics. Key aspects for investors to consider include SCCO's robust operational capabilities in copper mining and its position within the broader metals industry. The report would typically cover financial performance, operational highlights, risk factors, and forward-looking statements, offering a comprehensive view of the company's standing. Investors should examine the details of revenue generation, cost management, capital expenditures, and any strategic initiatives or challenges outlined in the report to assess SCCO's investment potential.

Financial Statements
Beta
Cost of Revenue$2.12B
SG&A Expenses$98.05M
Operating Expenses$2.59B
Operating Income$3.50B
Net Income$2.23B
EPS (Basic)$2.51
EPS (Diluted)$2.51
Shares Outstanding (Basic)883.39M
Shares Outstanding (Diluted)883.39M

Key Highlights

  • 1Southern Copper Corporation (SCCO) is a large accelerated filer, indicating significant market capitalization and reporting compliance.
  • 2The company's common stock is listed on both the New York Stock Exchange and the Lima Stock Exchange, providing dual market access.
  • 3The fiscal year ended December 31, 2007, with the report filed on February 28, 2008.
  • 4SCCO's primary business is in the mining and production of copper, a critical global commodity.
  • 5The filing establishes the aggregate market value of non-affiliate shares as of January 31, 2008, at approximately $6.9 billion.
  • 6The company has significant operational assets and is a major player in the copper industry.
  • 7The report indicates SCCO is not a shell company and meets standard filing requirements.

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