New insider activity at Southern Copper ( (SCCO) ) has taken place on August 11, 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Director Luis Miguel Palomino Bonilla recently sold 400 shares of Southern Copper stock, amounting to a total transaction value of $39,000.
Recent Updates on SCCO stock
In the last 24 hours, Southern Copper Corporation (SCCO) has experienced notable analyst activity following its Q2 earnings report. The company reported a slight decline in net sales due to decreased copper sales volumes and fluctuating metal prices, but a 2.4% increase in net income driven by reduced operating costs and increased interest income. BofA upgraded Southern Copper to Neutral from Underperform, citing fading concerns over capital allocation, execution risk, regulatory uncertainty in Mexico, and potential tariff headwinds. The analyst noted strengthened copper fundamentals and Southern Copper’s high-quality status despite initial concerns. Conversely, Morgan Stanley downgraded the stock to Underweight from Equal Weight, highlighting less compelling risk/reward dynamics in copper equities due to macro and growth concerns, as well as valuation issues following recent outperformance.
Spark’s Take on SCCO Stock
According to Spark, TipRanks’ AI Analyst, SCCO is a Outperform.
Southern Copper’s strong financial performance and moderate valuation are the primary drivers of its stock score. While technical indicators suggest a neutral market sentiment, the company’s solid financial foundation and shareholder support provide a positive outlook.
To see Spark’s full report on SCCO stock, click here.
More about Southern Copper
YTD Price Performance: 12.55%
Average Trading Volume: 1,484,899
Technical Sentiment Signal: Strong Buy
Current Market Cap: $80.49B