Southern Copper Corporation logo

Southern Copper Corporation(SCCO)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$203.92
09/25/2026
(24-hour delay)

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*as per simulation (see disclosures)
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Upturn Advisory & Investor View for SCCO

09/25/2026: SCCO (5-star) is currently NOT-A-BUY. Pass it for now.

Southern Copper Corporation is a major global player in the copper mining industry, known for its low-cost operations in Peru and Mexico. The company benefits from high-quality ore bodies and a strong history of consistent dividend payments to shareholders. Its primary growth story revolves around meeting the surging global demand for copper, essential for electric vehicles and renewable energy transitions. However, investors must consider risks related to commodity price volatility, regulatory hurdles, and social challenges in its operating regions. This stock may suit long-term investors interested in cyclical commodity exposure and steady dividends, provided they monitor global industrial demand and project development milestones.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely tied to long-term commodity cycles and capital-intensive project delivery.
Momentum investorStrong fit while signal remains positiveThe stock often trends strongly with global copper price movements and macro commodity sentiment.
Value investorMixed fitValuation is often tied to cyclical commodity prices, which can make consistent valuation metrics difficult.
Dividend investorStrong fitThe company has a history of providing significant, reliable dividend payments to shareholders.
Low-risk investorWeak fitExposure to commodity price volatility and geopolitical risks inherent in mining makes it a higher-volatility asset.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighCompany revenue is directly tied to the highly volatile global spot price of copper.
Valuation riskMediumMarket valuations for miners can fluctuate rapidly based on expectations of future commodity supply and demand.
Competition risk (Commodity producers)MediumLarge global competitors can affect global supply levels and pricing power.
Business qualityStrongThe company owns world-class, low-cost assets that provide a durable competitive advantage.
Dividend incomeMedium / highDividends are dependent on profitability, which remains cyclical.
Execution riskMedium / highLarge-scale mining projects often face delays due to permitting and community relations.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 26.65%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SCCO receives a 4-star rating, supported by strong unit economics, and solid company fundamentals. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
SCCO has solid overall fundamentals (4 stars), with strong financial health, solid growth momentum, and moderate ownership. In FY2025 versus FY2024, solid earnings growth (+28.4%) supports the fundamentals score.

Financial Health Rating

★★★★★
SCCO's financial health is supported by strong cash strength, including free-cash-flow generation of $3.4B (25.5% of revenue). Liquidity is solid (4 stars), which helps explain the 5-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is SCCO's strongest growth driver at +28.4% FY2025 versus FY2024 (solid, 4 stars). Revenue growth (+17.4%, solid) and free-cash-flow growth (+1.0%, moderate) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 9.8% and approximately 11.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 90.06% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 1.11%
Capital World Investors 0.92%
State Street Corp 0.35%
T. Rowe Price Associates, Inc. 0.34%
Fisher Asset Management, LLC 0.33%

Unit Economics (Per $1K Revenue)

★★★★★
SCCO generates approximately $567 of gross profit, $522 of operating income, and $255 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 36.14%

Quantitative Style Profile

★★★★★
SCCO has a high-quality, large-cap profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltLarge / Mega Cap StabilityShort Squeeze Risk

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 172.18B USD
Price to earnings Ratio 30.57
1Y Target Price 171.44
Price to earnings Ratio 30.57
1Y Target Price 171.44
Volume (30-day avg) 1.1M shares
Beta 1.15
52 Weeks Range 113.54 - 220.78
Updated Date 09/27/2026
52 Weeks Range 113.54 - 220.78
Updated Date 09/27/2026
Dividends yield (FY) 1.75%
Basic EPS (TTM) 6.67

How Company Makes Money

Business areaWhat it includesRetail investor read
Copper Mining and ProcessingProduction of copper concentrates, cathodes, and rods from mines in Peru and Mexico.The primary way this company earns profit is through the sale of copper at market prices.
Byproduct SalesMolybdenum, silver, gold, and lead extracted alongside copper.These secondary metals provide extra revenue that helps lower the overall cost of copper production.
Geographic ExposureOperations primarily located in Peru and Mexico, with global export sales.Revenue is subject to political and regulatory conditions in Latin America.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 30.57
Forward PE 28.09
Enterprise Value 171.80B
Price to Sales(TTM) 10.91
Enterprise Value 171.80B
Price to Sales(TTM) 10.91
Enterprise Value to Revenue 10.88
Enterprise Value to EBITDA 17.08
Shares Outstanding 844.34M
Shares Floating 93.17M
Shares Outstanding 844.34M
Shares Floating 93.17M
Percent Insiders 90.06
Percent Institutions 9.79

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

News (Last Updated: 09/28/2026)

About Southern Copper Corporation

Exchange NYSE
Headquarters Phoenix, AZ, United States
IPO Launch date 1996-01-05
CEO & Non-Independent Director Engineer Leonardo Contreras Lerdo de Tejada
Sector Basic Materials
Industry Copper
Full time employees 16617
Full time employees 16617

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of copper-molybdenum concentrates and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of copper, molybdenum, zinc, silver, gold and lead. It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; coal mine; and zinc refinery. The company has interests in 164,805 hectares and 505,788 hectares of concessions in Peru and Mexico; and 98,634 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was formerly known as Southern Peru Copper Corp. and changed its name to Southern Copper Corporation in July 1996. The company was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.