DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 3 minutes ago

SCCO·Southern Copper Corporation

$.
+. (+.%)
After Hours
High
$176.38
Open
$175.78
Market Cap
146.98B
52W High
$223.88
Low
$173.32
P. Close
$173.87
P/E
29.60
52W Low
$87.84
Fwd P/E
97.54
DailyIQ Est.
$146.14
Technical Score (1D)
32
SELL
News Sentiment
55
BULLISH
Southern Copper closed at $172.01 after a modest uptick in copper prices, reflecting short‑term momentum but no fundamental shift. The copper price lift underpins the recent rally, but traders should keep an eye on the next earnings release and forthcoming copper supply reports for further guidance. UBS, however, maintains a Sell rating and has raised its target to $160, citing worries about supply constraints and potential cost pressures that could erode margins. These concerns suggest that if copper demand falters or costs rise, the upside could be limited, so monitoring demand indicators and any cost‑control moves will be key. JPMorgan lifted its target to $131.50 while keeping an Underweight stance, arguing that tighter global supply could support copper prices in the medium term. If supply growth indeed lags demand, copper prices may stay elevated, so watching the pace of new capacity additions versus demand growth will be important. Earlier analysts have held SCCO on a Hold basis, citing bullish copper price expectations and solid cash flow that underpin the company’s valuation. These fundamentals mean that any shift in copper prices or production costs could materially affect margins, so traders should watch commodity price trends and cost reports. SCCO also reported surpassing its 2026 output forecast and announced a $20.5 billion expansion program to boost capacity and efficiency. The expansion could lift future earnings but may also raise operating costs, so monitoring the execution timeline and cost trajectory will be crucial.
Earnings Summary
Southern Copper Corporation, a global mining enterprise, specializes in the extraction, smelting, and refining of copper and other valuable minerals, with key assets in Peru and Mexico and exploration concessions in Argentina and Chile. The company’s integrated operations span ore extraction, concentration, smelting, and refining, positioning it as a major producer of copper cathodes, molybdenum concentrates, and precious metals. In its most recent earnings data, Southern Copper reported Q1 2025 revenue of $3.12 billion and EPS of $1.16, beating the $1.10 estimate, while Q4 2025 and Q2 2026 figures are pending; the available data suggest a single quarter of earnings beat and stable top‑line performance, though revenue growth trends cannot be fully assessed without additional periods. Historically, the company has demonstrated resilience in a commodity‑heavy environment, with earnings often exceeding analyst expectations when copper prices rise, but the lack of recent EPS data limits a comprehensive streak analysis. Recent news highlights a modest uptick in copper prices that lifted the stock, a $20.5 billion expansion program aimed at boosting capacity and efficiency, and ongoing concerns about supply constraints and potential cost pressures that could erode margins; these developments underscore the importance of copper price dynamics and cost control for future profitability. Investors should watch for the impact of copper price movements on revenue, the execution timeline and cost trajectory of the expansion program, and any updates on production costs or supply‑chain constraints, as these factors will be critical in determining whether the company can sustain its earnings momentum and justify the higher valuation targets set by analysts.

EPS

EstBeatMiss
$0.99$1.23$1.47$1.71$1.95Q1'25Q4'25
QtrEstActual+/−
Q4'25$1.84 - -
Q1'25$1.10$1.16+4.8%

Revenue

EstBeatMiss
$3.0B$3.3B$3.6B$3.9B$4.2BQ1'25Q4'25
QtrEstActual+/−
Q4'25$4.1B - -
Q1'25 - $3.1B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

SCCO Stock Snapshot

SCCO is currently trading at $173.97, giving Southern Copper Corporation a market cap of 146.98B and a P/E ratio of 29.6. Today's range spans $173.32–$176.38, with shares opening at $175.78 and moving up $0.10 (0.1%) from the prior close. DailyIQ's technical score sits at 32/100 (SELL) with a news sentiment reading of 55/100.

Over the past year SCCO has traded between $87.84 and $223.88 - the current price is +98.1% off the 52-week low and -22.3% from the high. 17 analysts cover the stock with a Hold consensus and a mean 12-month target of $164.59 (range $131.50–$250.00), implying downside of -5.4%.

When SCCO shows a SELL (32/100) alongside neutral sentiment (55/100), the right posture for most Basic Materials investors is reduced exposure rather than conviction buying. Price: $173.97 (in the middle of its 52-week range). (P/E: 29.6) At 146.98B in capitalization, the structural support levels within the $87.84–$223.88 annual range are where the setup becomes reassessable - not before.

The current SELL phase for SCCO (32/100) at $173.97 (in the middle of its 52-week range) suggests that the market is discounting either a fundamental deterioration or a sector headwind that hasn't fully appeared in the earnings line yet. Sentiment at 55/100 (neutral) confirms that news flow is not providing a counternarrative. At 146.98B in Basic Materials capitalization, SCCO has the liquidity for institutional exits to be orderly — but orderly doesn't mean shallow within the $87.84–$223.88 range.