Southern Copper Corporation (SCCO)

Over the past six months, Southern Copper's stock has increased by 114.35%. In February 2026, the stock decreased, with analysts issuing a "sell" rating despite Q4 2025 earnings surpassing expectations. In January 2026, news highlighted the rising scarcity premium for copper, and the average one-year price target for Southern Copper was revised upwards by 18.80%. In December 2025, mining stocks, including Southern Copper, slipped. In October 2025, Southern Copper was on track for a record high close. A stock dividend of 0.85% was announced in November 2025. Insiders have sold more company stock than they have bought in the past three months, with sales totaling over $2 million.

Demand for Southern Copper's products exhibits seasonality influenced by global factors. February typically marks a favorable seasonal trend for copper prices, while mid-April to late June tends to be bearish. Silver experiences seasonal demand variations driven by cultural practices and manufacturing schedules, with July and August historically strong months. Zinc demand can be seasonal, particularly in the battery sector, with Q1 typically seeing reduced demand and Q4 being the peak demand period. The broader manufacturing sector also exhibits seasonality, influencing demand for these metals.

Southern Copper Corporation is an integrated copper producer involved in exploration, mining, smelting, refining, and the sale of metal products, focusing on base metals like copper concentrate and refined copper cathodes. The company also produces byproducts such as molybdenum, silver, zinc, and lead. Its business model emphasizes high-volume, long-life assets, and it is majority-owned by Grupo México.

Southern Copper's operations are primarily in Peru and Mexico, where it owns and operates large-scale mining and processing facilities. In Peru, it operates the Toquepala and Cuajone mine complexes, including smelting and refining plants, an industrial railroad, and port facilities. In Mexico, the company operates the La Caridad and Buenavista mine complexes, which include smelting and refining plants and support facilities, as well as underground mining operations. The company supplies copper and byproducts globally and conducts exploration activities in Argentina, Ecuador, Chile, and has operations in the United States.

Southern Copper's brand reputation appears strong, supported by robust financial performance and a commitment to environmental and social governance. The company reported strong financial results, with record net sales and adjusted EBITDA. Its mines received accreditation from the Copper Mark for compliance with tailings management standards. The company participates in industry efforts around environmental management and community engagement. Southern Copper has issued public alerts regarding scammers creating fake social media accounts.

Grupo México S.A.B. de C.V. owns 89.65% of Southern Copper Corporation. Institutional investors hold 6.97% of the shares, with major holders including BlackRock, Inc., Capital World Investors, and Price T Rowe Associates Inc /md/. Individual ownership accounts for 0.08%.