German Velasco - Southern Copper Chairman of the Board

SCCO Stock

MXN 1,910 0.00 0.00%

Chairman

Mr. German Larrea Mota Velasco serves as Director of Southern Copper Corporation since July 21, 2017. He was Chairman of the board of directors, President and Chief Executive Officer of Grupo Mexico since 1994. He was Chairman of the board of directors and Chief Executive Officer of Grupo Ferroviario Mexicano S.A. de C.V since 1997 since 2004.

Age	66
Tenure	21 years
Phone	602 264 1375
Web	https://www.southernperu.com

Larrea was previously Executive Vice Chairman of Grupo Mexico and was a member of the board of directors since 1981. He is also Chairman of the board of directors and Chief Executive Officer of Empresarios Industriales de Mexico, S.A. de C.V. and Fondo Inmobiliario, since 1992. He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the Chairman and Chief Executive Officer until 1989 when the company was sold. He is also a director of Banco Nacional de Mexico, S.A., which forms part of Grupo Financiero Banamex, S.A. de C.V. since 1992, Consejo Mexicano de Hombres de Negocios since 1999, and was a director of Grupo Televisa, S.A.B. from 1999 to 2014. He is a Director of the Consejo Mexicano de Negocios since 1999, was Director of Banco Nacional de Mexico, S.A. from 1992 to 2015, and was also Director of Grupo Televisa, S.A.B. de C.V. from 1999 to 2014.

German Velasco Latest Insider Activity

Tracking and analyzing the buying and selling activities of German Velasco against Southern Copper stock is an integral part of due diligence when investing in Southern Copper. German Velasco insider activity provides valuable insight into whether Southern Copper is net buyers or sellers over its current business cycle. Note, Southern Copper insiders must abide by specific rules, including filing SEC forms every time they buy or sell Southern Copper'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

		German Velasco over a year ago Acquisition by German Velasco of 400 shares of Southern Copper subject to Rule 16b-3
		German Velasco over a year ago Acquisition by German Velasco of 400 shares of Southern Copper subject to Rule 16b-3
		German Velasco over a year ago Sale by German Velasco of 25005 shares of Southern Copper
		German Velasco over a year ago Purchase by German Velasco of 2593 shares of Southern Copper

Southern Copper Management Efficiency

The company has return on total asset (ROA) of 0.1559 % which means that it generated a profit of $0.1559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3238 %, meaning that it generated $0.3238 on every $100 dollars invested by stockholders. Southern Copper's management efficiency ratios could be used to measure how well Southern Copper manages its routine affairs as well as how well it operates its assets and liabilities.

Compare Southern Copper to Peers

Predict price of Southern Copper

Southern Copper has accumulated 6.25 B in total debt with debt to equity ratio (D/E) of 0.99, which is about average as compared to similar companies. Southern Copper has a current ratio of 3.59, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Southern Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Southern Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Southern Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Southern to invest in growth at high rates of return. When we think about Southern Copper's use of debt, we should always consider it together with cash and equity.

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Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Southern Copper Corporation is a subsidiary of Americas Mining Corporation. SOUTHERN COPPER operates under Copper classification in Mexico and is traded on Mexico Stock Exchange. It employs 13777 people. Southern Copper (SCCO) is traded on Mexican Exchange in Mexico and employs 30 people.

Management Performance

	Return On Equity	0.32
	Return On Asset	0.16

Southern Copper Leadership Team

Elected by the shareholders, the Southern Copper's board of directors comprises two types of representatives: Southern Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Southern. The board's role is to monitor Southern Copper's management team and ensure that shareholders' interests are well served. Southern Copper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Southern Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Xavier Topete, COO, Director; President CEO of Southern Copper Minera Mexico
	Gilberto Cifuentes, Independent Director
	Lina Vilca, Comptroller
	Vicente Andreve, Independent Director
	German Velasco, Chairman of the Board
	Luis Bonilla, Independent Director
	Edgard Aguilar, Vice President of Exploration
	Carlos Sacristan, Independent Director
	Andres Ghislieri, General Counsel
	Alfredo Perez, Director
	Rafael Anciola, Independent Director
	Julian Psihas, Secretary
	Victor Pedraglio, Ma Relations
	Enrique Mejorada, Independent Director
	Oscar Rocha, President, Chief Executive Officer, Director
	Raul Ruisanchez, Chief Financial Officer, Vice President - Finance, Treasurer
	Rafael Abad, General Auditor

Southern Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Southern Copper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

	Return On Equity	0.32
	Return On Asset	0.16
	Profit Margin	0.26 %
	Operating Margin	0.44 %
	Current Valuation	1.03 T
	Shares Outstanding	773.1 M
	Shares Owned By Insiders	88.98 %
	Shares Owned By Institutions	7.53 %
	Price To Earning	23.73 X
	Price To Book	6.21 X

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Additional Tools for Southern Stock Analysis

When running Southern Copper's price analysis, check to measure Southern Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.

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