Southern Copper Corporation (SCCO) Stock Price & Analysis
Southern Copper Corporation (SCCO) closed at USD 183.59 on Thursday, October 22, 2026, down 7.31% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 183.59; the Oct 22, 2026 session ranged USD 181.76–190.75 on volume of 2,113,211 shares. Market capitalization is —, with a 52-week range of USD 115.74–220.78 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SCCO.md
Key facts (SCCO)
- Last four reported quarters (through Jun 30, 2026): revenue $15.8B, net income $5.68B (36.0% margin), free cash flow $5.10B (SEC filings).
- 1 of 80 tracked superinvestors hold SCCO (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 11 Form 4 filings, $299K; 11 not under a Rule 10b5-1 plan ($299K); 0 by opportunistic insiders, 11 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +51.8% vs S&P 500 +14.9%; 5Y +273.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 2.02, revenue estimate $4.45B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SCCO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $10.9B | $10.0B | $9.90B | $11.4B | $13.4B | $15.8B |
| Gross profit | $7.04B | $5.40B | $5.21B | $6.59B | $8.06B | — |
| Operating income | $6.07B | $4.44B | $4.19B | $5.55B | $7.00B | $8.98B |
| Net income | $3.41B | $2.65B | $2.43B | $3.39B | $4.35B | $5.68B |
| EPS (diluted) | $4.10 | $3.22 | $2.98 | $4.12 | $5.13 | — |
| Free cash flow | $3.40B | $1.85B | $2.56B | $3.39B | $3.43B | $5.10B |
| Gross margin | 64.4% | 53.7% | 52.6% | 57.7% | 60.1% | — |
| Operating margin | 55.5% | 44.1% | 42.4% | 48.6% | 52.2% | 56.9% |
| Net margin | 31.2% | 26.4% | 24.6% | 29.6% | 32.4% | 36.0% |
| Revenue growth | +36.9% | -8.1% | -1.5% | +15.5% | +17.4% | — |
| Cash + short-term investments | $3.49B | $2.28B | $1.75B | $3.50B | $4.91B | — |
| Total debt | $6.55B | $6.25B | $6.25B | $6.26B | $6.75B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SCCO)
P/E at fiscal year-ends: Dec 2025 27.1x, Dec 2024 20.9x, Dec 2023 26.9x.
Superinvestors (SEC 13F-HR, Q2 2026) (SCCO)
1 of 80 tracked investors hold SCCO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Pacific Advisors | 0.02% | $1.2M | Added +1.0% |
Insider sales (SEC Form 4, open-market, last ~7 months) (SCCO)
0 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-24 | Palomino Bonilla Luis Miguel | Director | 100 | $20K | 6.2% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-09-08 | Palomino Bonilla Luis Miguel | Director | 100 | $21K | 6.2% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-09-04 | Palomino Bonilla Luis Miguel | Director | 100 | $20K | 5.9% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-08-31 | Palomino Bonilla Luis Miguel | Director | 400 | $87K | 23.5% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-08-05 | Palomino Bonilla Luis Miguel | Director | 200 | $40K | 10.5% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-08-04 | Palomino Bonilla Luis Miguel | Director | 100 | $20K | 5% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-07-24 | Palomino Bonilla Luis Miguel | Director | 100 | $18K | 5.9% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-06-05 | Palomino Bonilla Luis Miguel | Director | 4 | $1K | 0.2% | No | Routine (sold in Jun each year 2023–2025) |
| 2026-06-02 | Palomino Bonilla Luis Miguel | Director | 100 | $20K | 5.5% | No | Routine (sold in Jun each year 2023–2025) |
| 2026-05-21 | Palomino Bonilla Luis Miguel | Director | 200 | $36K | 10% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
| 2026-05-15 | Palomino Bonilla Luis Miguel | Director | 100 | $18K | 4.7% | No | Routine (sold in Jun each year 2023–2025; this trade is outside those months) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SCCO)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Barclays | Target raised | Underweight | $166 → $168 |
| 2026-10-08 | UBS | Target raised | Sell | $160 → $180 |
| 2026-10-06 | Wells Fargo | Target raised | Equal-Weight | $172 → $190 |
| 2026-07-23 | Barclays | Target raised | Underweight | $160 → $166 |
| 2026-07-16 | Barclays | Target raised | Underweight | $148 → $160 |
| 2026-07-09 | Wells Fargo | Target raised | Equal-Weight | $171 → $172 |
| 2026-07-08 | Morgan Stanley | Target raised | Underweight | $146 → $158 |
| 2026-06-30 | UBS | Target raised | Sell | $145 → $160 |
Total return (dividends reinvested) (SCCO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +51.8% | +273.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +52.1% | +30.1% |
| Volatility (annualized) | 51.9% | 40.1% |
| Max drawdown | -30.2% (Mar 2026→Mar 2026) | -42.2% (Mar 2022→Sep 2022) |
SCCO revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Mexican Open Pit | $2.51B | 58.6% | +43.1% |
| Peruvian Operations | $1.58B | 36.9% | +34.5% |
| Mexican IMMSA Unit | $267.9M | 6.2% | +49.4% |
| Total revenue | $4.29B | 100% | — |
SCCO revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Copper | $1.86B | 43.4% | +41.0% |
| Molybdenum | $266.3M | 6.2% | +38.6% |
| Silver | $214.2M | 5.0% | +85.3% |
| Other | $95.8M | 2.2% | +79.4% |
| Zinc | $76.3M | 1.8% | +2.4% |
| Total revenue | $4.29B | 100% | — |
SCCO revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Mexico | $1.22B | 28.4% | +40.5% |
| United States | $579.4M | 13.5% | +62.8% |
| Switzerland | $433.4M | 10.1% | +2.2% |
| Peru | $340.9M | 7.9% | +59.9% |
| Japan | $333.5M | 7.8% | +22.6% |
| China | $314.7M | 7.3% | +35.2% |
| Other European Countries | $294.7M | 6.9% | +260.7% |
| Spain | $251.5M | 5.9% | +54.2% |
| Brazil | $190.7M | 4.4% | +17.6% |
| Chile | $174.5M | 4.1% | +32.1% |
| Italy | $161.4M | 3.8% | +43.1% |
| Other Asian Countries | $38.5M | 0.9% | +30.1% |
| Other American Countries | $30.3M | 0.7% | +61.2% |
| Singapore | $4.3M | 0.1% | -91.1% |
| Total revenue | $4.29B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SCCO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Mexico | “Fuel: In Mexico, since 2018, we have purchased fuel from Petroleos Mexicanos ("PEMEX"), the state producer, and from private suppliers.” |
Quoted from the company's 10-K filed Feb 27, 2026.
Companies that name SCCO in their SEC reports
| Relationship to SCCO | Company | Filing | Sentence |
|---|---|---|---|
| partner | BUENAVENTURA MINING CO INC (BVN) | 20-F Apr 30, 2026 | “We have active joint venture exploration agreements with other mining companies, including Southern Copper Corporation.” |
SCCO customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 8.7% of revenue, per the company's 10-K filed Feb 27, 2026. The company does not name it.
SCCO company outlook (results filed Oct 21, 2026)
- “We expect Tia Maria to produce 120,000 tonnes of copper per year in the early years of operations.”
- “El Pilar will be an SX-EW operation and is expected to contribute with 36,000 tonnes of copper per year at a very competitive cost during its initial years of operation.”
- “The project's capital budget is estimated at $551 million, and operations will commence in 2029.”
- “These two greenfield projects are expected to add approximately 156,000 tonnes of refined copper to our total annual production.”
Quoted word-for-word from the SEC 8-K results press release.
SCCO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $2.02 | $1.79 | +12.7% | $4.45B | 8 |
| Next quarter (ends Mar 2027) | $1.95 | $1.75 | +11.4% | $4.27B | 6 |
| Current fiscal year (ends Dec 2026) | $7.98 | $7.66 | +4.2% | $17.36B | 13 |
| Next fiscal year (ends Dec 2027) | $7.66 | $7.14 | +7.2% | $16.82B | 13 |
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 183.59 |
|---|---|
| Change | ▼ 7.31% (down) |
| Previous Close | USD 183.59 |
| Open | USD 183.59 |
| Day Range | USD 181.76 – 190.75 |
| 52-Week Range | USD 115.74 – 220.78 |
| Volume | 2,113,211 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (SCCO)
Nexqual's technical model rates SCCO "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 32.94 (neutral) |
| vs SMA50 | Below (USD 201.2) |
| MACD | -1.15 (negative) |
Earnings (SCCO)
| Next Earnings Date | 2026-10-22 |
|---|---|
| EPS Estimate | USD 2.02 |
| Revenue Estimate | $4.45B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 2.15 vs est 2 ▲ beat |
| 2026-06-30 | USD 1.99 vs est 1.92 ▲ beat |
| 2026-03-31 | USD 1.88 vs est 1.77 ▲ beat |
| 2025-12-31 | USD 1.51 vs est 1.48 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (SCCO)
| Total Revenue | $17.11B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +39.10% |
| Gross Margin | +65.83% |
| Operating Margin | +59.94% |
| Profit Margin | +37.16% |
| ROE | +52.88% |
| Debt / Equity | 0.63 |
| Current Ratio | 4.31 |
| Total Cash | $8.06B |
| Total Debt | $8.51B |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Ownership (SCCO)
| Insider Ownership | +90.06% |
|---|---|
| Institutional Ownership | +9.84% |
| Shares Outstanding | 844.34M |
| Float | 93.17M |
| Short % of Float | +10.91% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Southern Copper Corporation's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Our operations have a high level of vertical integration, which allows us to use our facilities, employees and equipment to manage the entire production process, including ore mining and production of refined copper rod and other products, and to execute most associated transport and logistics functions.
- Our employees at the Toquepala and Cuajone mining units reside in the 3,700 houses and apartments that we have built at the townsites.
- Employees of La Caridad and Buenavista units reside in townsites at Nacozari and Cananea, where we have built approximately 1,800 houses and apartments.
- Most of the employees of the IMMSA unit reside on the grounds of the mining or processing complexes where we have built 356 houses and apartments.
Partnerships
- In February 2025, the Company signed a three-year extension of the collective bargaining agreement with the remaining union.
- In 2010, the Company signed an agreement with the Secretary of Health of the State of Sonora to provide these services to its retired workers and their families.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FCX | Freeport-McMoRan, Inc. | USD 64.59 | ▼ 6.26% |
| TECK | Teck Resources Ltd | USD 58.9 | ▼ 6.18% |
| HBM | Hudbay Minerals Inc. | USD 21.89 | ▼ 8.75% |
| ERO | Ero Copper Corp. | USD 30.13 | ▼ 5.81% |
| TGB | Trekor Metals Limited | USD 7.3 | ▼ 8.29% |
| IE | Ivanhoe Electric Inc. | USD 7.89 | ▼ 7.07% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt