New insider activity at Southern Copper ( (SCCO) ) has taken place on August 12, 2025.
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Director Luis Miguel Palomino Bonilla has recently sold 414 shares of Southern Copper stock, totaling a transaction value of $41,400.
Recent Updates on SCCO stock
In the past 24 hours, Southern Copper Corporation (SCCO) has experienced notable developments following its Q2 earnings report. The company reported a slight decline in net sales due to reduced copper sales volumes and fluctuating metal prices, yet managed a 2.4% increase in net income thanks to lower operating costs and higher interest income. Analysts have reacted to these results with mixed sentiments. BofA upgraded Southern Copper to Neutral from Underperform, citing diminished concerns over capital allocation, execution risks, and regulatory uncertainties in Mexico, alongside strengthened copper fundamentals. Conversely, Morgan Stanley downgraded the stock to Underweight from Equal Weight, pointing to less compelling risk/reward prospects for copper equities after recent outperformance, driven by macroeconomic and growth concerns. These divergent views reflect the complex market conditions and strategic challenges facing Southern Copper.
Spark’s Take on SCCO Stock
According to Spark, TipRanks’ AI Analyst, SCCO is a Outperform.
Southern Copper’s overall stock score is driven by strong financial performance and fair valuation. The company’s profitability and cash flow generation are significant strengths, while technical indicators suggest mixed short-term momentum. The absence of earnings call data limits insights into recent company guidance and sentiment.
To see Spark’s full report on SCCO stock, click here.
More about Southern Copper
YTD Price Performance: 8.07%
Average Trading Volume: 1,487,479
Technical Sentiment Signal: Buy
Current Market Cap: $77.29B