Tearsheet

Southern Copper (SCCO)

Market Price (11/10/2025): $140.34 | Market Cap: $115.5 Bil
Sector: Materials | Industry: Copper

Southern Copper (SCCO)

Market Price (11/10/2025): $140.34
Market Cap: $115.5 Bil
Sector: Materials
Industry: Copper

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, Dividend Yield is 2.0%	Trading close to highs Dist 52W High is -3.6%, Dist 3Y High is -3.6%	Expensive valuation multiples P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 50%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 28%, CFO LTM is 4.6 Bil, FCF LTM is 3.5 Bil
3	Low stock price volatility Vol 12M is 40%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, Dividend Yield is 2.0%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 50%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 28%, CFO LTM is 4.6 Bil, FCF LTM is 3.5 Bil
3	Low stock price volatility Vol 12M is 40%
4	Trading close to highs Dist 52W High is -3.6%, Dist 3Y High is -3.6%
5	Expensive valuation multiples P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x

Market Valuation & Key Metrics

	11/10/25	2024	2023	2022	2021
Share Price CYE	$140.34	$89.03	$81.40	$54.22	$52.01
Market Cap CYE ($ Bil)	115.5	70.0	62.8	39.8	41.8
Total Debt ($ Bil)	7.4	7.0	7.0	7.1	7.5
Total Cash ($ Bil)	4.5	3.5	1.8	2.3	3.5
Enterprise Value ($ Bil)	118.4	77.0	69.8	46.9	49.3
Valuation Ratios
P/S TTM	9.4	6.4	6.9	4.8	4.6
P/EBIT TTM	18.2	12.8	16.0	10.5	8.3
P/E TTM	30.2	21.6	28.2	18.2	14.8
Sector Ratios
P/S TTM (Sector)	1.4	1.2	1.3	1.1	1.5
P/EBIT TTM (Sector)	6.9	6.3	6.6	4.8	5.7
P/E TTM (Sector)	-0.1	5.5	7.5	4.6	6.9

	11/10/25	2024	2023
Share Price CYE	$140.34	$89.03	$81.40
Market Cap CYE ($ Bil)	115.5	70.0	62.8
Total Debt ($ Bil)	7.4	7.0	7.0
Total Cash ($ Bil)	4.5	3.5	1.8
Enterprise Value ($ Bil)	118.4	77.0	69.8
Valuation Ratios
P/S TTM	9.4	6.4	6.9
P/EBIT TTM	18.2	12.8	16.0
P/E TTM	30.2	21.6	28.2
Sector Ratios
P/S TTM (Sector)	1.4	1.2	1.3
P/EBIT TTM (Sector)	6.9	6.3	6.6
P/E TTM (Sector)	-0.1	5.5	7.5

	SCCO	S&P 500
REVENUE GROWTH	GOOD
Rev LTM ($ Bil)	12.3
Rev Chg Q	15.2%	7.1%
Rev Chg LTM	12.7%	6.1%
Rev Chg 3Y Avg	7.1%	5.5%
PROFITABILITY	VERY GOOD
Op Inc LTM ($ Bil)	6.2
CFO LTM ($ Bil)	4.6
Net Inc LTM ($ Bil)	3.8
Op Mgn LTM	50.3%	18.8%
CFO/Rev LTM	37.4%	20.5%
Net Inc Mgn	31.0%	13.1%
VALUATION	HIGH
P/S	9.4	3.2
P/CFO	25.0	15.2
P/FCF	33.2	20.0
P/E	30.2	23.5
STABILITY	VERY GOOD
Debt/Equity	0.06	0.21
Cash/Assets	0.22	0.07

AI Generated Analysis | Feedback

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SCCO Stock

Return (1M):

Factor Drivers of Stock Movement

The 37.6% change in SCCO stock from 8/10/2025 to 11/9/2025 was primarily driven by a 31.1% change in the company's P/E Multiple.

	8102025	11092025	Change
Stock Price ($)	99.28	136.61	37.60%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	11888.20	12334.60	3.75%
Net Income Margin (%)	30.37%	30.98%	2.01%
P/E Multiple	22.44	29.42	31.08%
Shares Outstanding (Mil)	815.96	822.70	-0.83%
Cumulative Contribution			37.59%

LTM = Last Twelve Months as of date shown

The 54.1% change in SCCO stock from 5/11/2025 to 11/9/2025 was primarily driven by a 47.2% change in the company's P/E Multiple.

	5112025	11092025	Change
Stock Price ($)	88.65	136.61	54.10%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	11955.50	12334.60	3.17%
Net Income Margin (%)	30.00%	30.98%	3.25%
P/E Multiple	19.98	29.42	47.22%
Shares Outstanding (Mil)	808.43	822.70	-1.77%
Cumulative Contribution			54.06%

LTM = Last Twelve Months as of date shown

The 30.5% change in SCCO stock from 11/9/2024 to 11/9/2025 was primarily driven by a 12.7% change in the company's Total Revenues ($ Mil).

	11092024	11092025	Change
Stock Price ($)	104.64	136.61	30.55%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	10944.60	12334.60	12.70%
Net Income Margin (%)	27.67%	30.98%	11.97%
P/E Multiple	27.60	29.42	6.58%
Shares Outstanding (Mil)	798.60	822.70	-3.02%
Cumulative Contribution			30.43%

LTM = Last Twelve Months as of date shown

The 170.6% change in SCCO stock from 11/10/2022 to 11/9/2025 was primarily driven by a 84.3% change in the company's P/E Multiple.

	11102022	11092025	Change
Stock Price ($)	50.48	136.61	170.63%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	10051.30	12334.60	22.72%
Net Income Margin (%)	25.56%	30.98%	21.20%
P/E Multiple	15.96	29.42	84.32%
Shares Outstanding (Mil)	812.16	822.70	-1.30%
Cumulative Contribution			170.59%

LTM = Last Twelve Months as of date shown

Why The Stock Moved

AI Generated Analysis | Feedback

For the approximate time period from July 31, 2025, to November 8, 2025, Southern Copper (SCCO) experienced a significant stock movement of 46.3% due to several key factors: 1. Strong Q3 2025 Earnings Beat. Southern Copper reported robust financial results for the third quarter of 2025, with net income rising 23.5% to $1.11 billion and net sales increasing 15.2% to $3.38 billion compared to Q3 2024. The company's earnings per share (EPS) of $1.35 surpassed analysts' consensus estimates of $1.26, while revenue also exceeded expectations of $3.05 billion.

2. Increase in Quarterly Dividend. Southern Copper announced an increase in its quarterly dividend from $0.62 to $1.01, with the dividend paid on September 4, 2025. This substantial increase in dividend payout, representing a 3.0% annualized yield, signaled financial strength and likely attracted income-focused investors.

3. Progress on the Tía María Project. The company demonstrated significant progress on its Tía María copper project in Peru, increasing the assigned budget to US$363 million for 2025. Construction for the project, which is expected to produce 120,000 tonnes of copper annually over a 20-year lifespan, is scheduled to begin in 2025, with commercial production anticipated in the first half of 2027.

4. Substantial Investment in Peruvian Mining Projects. Southern Copper committed substantial investments totaling $800 million across various projects in Peru for 2025. The company's overall investment commitment in Peru exceeds $6.8 billion for major projects including Tía María, Michiquillay, and Los Chancas, indicating a strong long-term growth strategy to expand production capacity.

5. Favorable Metal Price Environment. Robust Q3 2025 financial performance was significantly driven by higher metal prices year-over-year, with copper up 6.5% (LME), molybdenum up 12.1%, and silver up 34.4%. Although copper prices experienced volatility in Q3 2025, dropping to a quarterly low of $4.37 per pound in early August, they rebounded significantly in mid-September, breaking through $5 by early October 2025. This recovery in key commodity prices contributed positively to the company's outlook and stock valuation.

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Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
SCCO Return	59%	-1%	4%	50%	9%	53%	314%
Peers Return	38%	22%	4%	21%	-12%	70%	215%
S&P 500 Return	16%	27%	-19%	24%	23%	14%	108%
Monthly Win Rates [3]
SCCO Win Rate	67%	58%	50%	58%	33%	70%
Peers Win Rate	55%	52%	52%	60%	42%	82%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
SCCO Max Drawdown	-44%	-11%	-27%	0%	-9%	-16%
Peers Max Drawdown	-39%	-11%	-22%	-16%	-25%	-9%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: RIO, NEM, VALE, CCJ, MT. See SCCO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/7/2025 (YTD)

How Low Can It Go

Unique Key	Event	SCCO	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-45.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	82.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	128 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-47.0%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	88.7%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	126 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-49.1%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	96.3%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	690 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-80.5%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	412.7%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	753 days	1480 days

Compare to RIO, NEM, VALE, CCJ, MT

In The Past

Southern Copper's stock fell -45.2% during the 2022 Inflation Shock from a high on 4/1/2022. A -45.2% loss requires a 82.6% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Southern Copper (SCCO)

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. 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 molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.

AI Generated Analysis | Feedback

ExxonMobil for copper
Archer Daniels Midland (ADM) for base metals

AI Generated Analysis | Feedback

Copper: A base metal widely used in electrical wiring, plumbing, and construction due to its excellent conductivity and malleability.
Molybdenum: A refractory metal used as an alloying agent in steel to enhance strength, hardness, and corrosion resistance, and also in various chemical applications.
Zinc: A bluish-white metal primarily used for galvanizing steel to prevent corrosion, and also in alloys like brass and for die-casting.
Silver: A precious metal used in jewelry, coinage, silverware, and industrial applications due to its high electrical conductivity and reflective properties.
Gold: A highly valued precious metal prized for its rarity, malleability, corrosion resistance, and use in jewelry, coinage, and electronics.

AI Generated Analysis | Feedback

Southern Copper (NYSE: SCCO) sells primarily to other companies.

As a major producer of copper and other metals like molybdenum, zinc, and silver, Southern Copper operates in a global commodity market. The company's public filings indicate that no single customer accounted for 10% or more of its consolidated net sales in 2023, 2022, or 2021. Therefore, Southern Copper does not disclose the names of specific "major customers" by company name.

Instead, its customer base consists of a broad range of industrial companies worldwide that utilize these metals as raw materials for further processing or manufacturing. The categories of companies that purchase Southern Copper's products include:

Copper: Primarily wire rod and continuous cast rod producers, and to a lesser extent, foundries and chemical companies. These customers use copper for applications in electrical wiring, electronics, plumbing, and various industrial components.
Molybdenum: Primarily large steel mills and chemical companies. Molybdenum is used to strengthen steel alloys and as a catalyst in various chemical processes.
Zinc: Primarily refiners, and to a lesser extent, foundries and chemical companies. Zinc is essential for galvanizing steel, in die-casting alloys, and in chemical compounds.
Silver: Primarily trading companies. Silver has diverse applications in electronics, jewelry, coinage, and industrial uses.

Geographically, Southern Copper's sales are distributed across major industrial regions, with sales to customers in Asia accounting for 54% of its net sales in 2023, followed by Europe (20%), North America (15%), and South America (11%).

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Better Bets than Southern Copper (SCCO)

	SCCO	Better Performance than SCCO
Metric	Value	Industry (Copper)
Rev Chg LTM	12.7%	ERO (26.7%), IE (13.6%)
Rev Chg 3Y Avg	7.1%	HBM (16.2%), ERO (10.5%), TGB (11.5%)
Op Mgn LTM	50.3%
CFO/Rev LTM	37.4%	ERO (55.6%), TGB (38.1%)
FCF/Rev LTM	28.2%
Total Yield	5.4%	ERO (6.1%)

	SCCO	Better Performance than SCCO
Metric	Value	Sector (Materials)
Rev Chg LTM	12.7%	NEM (26.6%), AEM (35.2%), B (16.9%), FNV (41.1%), MLM (16.5%)
Rev Chg 3Y Avg	7.1%	NEM (23.9%), AEM (26.0%), FNV (7.7%), AU (26.4%), KGC (29.5%)
Op Mgn LTM	50.3%	FNV (69.1%), RGLD (66.9%), OR (70.2%), TFPM (56.0%), MSB (79.0%)
CFO/Rev LTM	37.4%	NEM (42.9%), AEM (55.2%), FNV (84.7%), AU (39.7%), KGC (52.0%)
FCF/Rev LTM	28.2%	NEM (28.5%), AEM (34.5%), KGC (34.8%), OR (46.0%), BTG (29.0%)
Total Yield	5.4%	NEM (9.1%), B (5.8%), VALE (10.6%), AU (7.4%), MT (8.7%)

	SCCO	Better Performance than SCCO
Metric	Value	All Other Sectors
Rev Chg LTM	12.7%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AVGO (28.0%), META (21.3%)
Rev Chg 3Y Avg	7.1%	NVDA (92.0%), MSFT (13.2%), GOOGL (11.0%), AMZN (11.3%), AVGO (24.0%)
Op Mgn LTM	50.3%	NVDA (58.1%), MA (58.3%), V (66.4%), APP (52.5%), CME (65.0%)
CFO/Rev LTM	37.4%	NVDA (46.6%), MSFT (50.0%), GOOGL (39.3%), AVGO (42.4%), META (56.8%)
FCF/Rev LTM	28.2%	NVDA (43.6%), AVGO (41.6%), MA (52.5%), V (53.9%), PLTR (46.0%)
Total Yield	5.4%	BRK-B (6.3%), JPM (6.7%), XOM (9.5%), JNJ (8.3%), BAC (7.5%)

		Best Bets In Materials Sector
	SCCO	RGLD	USLM	CF	EXP	LIN	NEM	AXTA	SEE	GEF	SON
What You Pay
P/E	29.4	24.1	25.3	9.6	15.0	29.5	12.7	13.7	11.9	17.9	6.4
P/EBIT	17.7	20.1	21.7	6.0	10.9	21.2	8.8	8.3	7.4	7.5	9.1
What You Get
Rev Chg Q	15.2%	30.0%	14.1%	21.1%	2.5%	2.8%	20.0%	-2.4%	0.5%	-2.6%	57.3%
Rev Chg LTM	12.7%	28.1%	20.3%	12.6%	1.5%	1.3%	26.6%	-1.8%	-1.2%	18.5%	67.9%
Rev Chg 3Y Avg	7.1%	12.3%	17.8%	-13.5%	4.1%	0.6%	23.9%	2.7%	-2.6%	-1.3%	7.8%
FCF/Rev 3Y Avg	27.0%	9.3%	25.6%	22.3%	16.7%	15.4%	13.8%	8.0%	7.5%	6.1%	6.8%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 11%, alpha of 1.8%, and sharpe of 0.46

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Southern Copper Earnings Notes
2	How Low Can Southern Copper Stock Really Go?	Return
3	Should You Buy Southern Copper Stock?	Buy or Fear
4	Southern Copper vs Diamondback Energy: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	Better Bet Than SCCO Stock: Pay Less Than Southern Copper To Get More From CALM, HHH
6	SCCO Dip Buy Analysis
7	Southern Copper Total Shareholder Return (TSR): 10.9% in 2024 and 23.2% 3-yr compounded annual returns (above peer average)
8	Southern Copper (SCCO) Operating Cash Flow Comparison	Financials
9	Southern Copper (SCCO) Net Income Comparison	Financials
10	Southern Copper (SCCO) Operating Income Comparison	Financials
11	ARTICLES
12	How Southern Copper Stock Gained 60%		October 31st, 2025
13	Southern Copper Stock Surged 60%, Here’s Why		October 31st, 2025
14	Large Cap Stocks Trading At 52-Week High		October 30th, 2025
15	Southern Copper Stock Shares Rally 6.5% In A Day, Should You Buy The Stock?		October 14th, 2025
16	Copper’s Supply Crunch: Is the Red Metal Poised for a Breakout?		October 6th, 2025

	Title
0	DASHBOARDS
1	Southern Copper Earnings Notes
2	How Low Can Southern Copper Stock Really Go?
3	Should You Buy Southern Copper Stock?
4	Southern Copper vs Diamondback Energy: Which Is A Better Investment?
5	Better Bet Than SCCO Stock: Pay Less Than Southern Copper To Get More From CALM, HHH
6	SCCO Dip Buy Analysis
7	Southern Copper Total Shareholder Return (TSR): 10.9% in 2024 and 23.2% 3-yr compounded annual returns (above peer average)
8	Southern Copper (SCCO) Operating Cash Flow Comparison
9	Southern Copper (SCCO) Net Income Comparison
10	Southern Copper (SCCO) Operating Income Comparison
11	ARTICLES
12	How Southern Copper Stock Gained 60%
13	Southern Copper Stock Surged 60%, Here’s Why
14	Large Cap Stocks Trading At 52-Week High
15	Southern Copper Stock Shares Rally 6.5% In A Day, Should You Buy The Stock?
16	Copper’s Supply Crunch: Is the Red Metal Poised for a Breakout?

Trade Ideas

Select past ideas related to SCCO. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ATR_10312025_Dip_Buyer_ValueBuy	10312025	ATR	AptarGroup	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	0.2%	0.2%	-2.5%
SLGN_10312025_Dip_Buyer_ValueBuy	10312025	SLGN	Silgan	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.1%	-1.1%	-1.1%
TGLS_10242025_Dip_Buyer_ValueBuy	10242025	TGLS	Tecnoglass	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-17.1%	-17.1%	-17.1%
NEM_10242025_Quality_Momentum_RoomToRun_10%	10242025	NEM	Newmont	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%
RGLD_10242025_Quality_Momentum_RoomToRun_10%	10242025	RGLD	Royal Gold	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.6%	-3.6%	-7.3%
SCCO_3312025_Monopoly_xInd_xCD_Getting_Cheaper	03312025	SCCO	Southern Copper	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	31.7%	48.5%	-19.1%
SCCO_6302022_Dip_Buyer_ValueBuy	06302022	SCCO	Southern Copper	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	27.2%	51.7%	-12.7%
SCCO_9302021_Dip_Buyer_FCFYield	09302021	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	39.5%	-14.3%	-18.2%
SCCO_2292020_Dip_Buyer_FCFYield	02292020	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	47.1%	121.4%	-29.3%
SCCO_11302018_Dip_Buyer_FCFYield	11302018	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	4.5%	20.6%	-12.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ATR_10312025_Dip_Buyer_ValueBuy	10312025	ATR	AptarGroup	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	0.2%	0.2%	-2.5%
SLGN_10312025_Dip_Buyer_ValueBuy	10312025	SLGN	Silgan	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.1%	-1.1%	-1.1%
TGLS_10242025_Dip_Buyer_ValueBuy	10242025	TGLS	Tecnoglass	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-17.1%	-17.1%	-17.1%
NEM_10242025_Quality_Momentum_RoomToRun_10%	10242025	NEM	Newmont	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%
RGLD_10242025_Quality_Momentum_RoomToRun_10%	10242025	RGLD	Royal Gold	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.6%	-3.6%	-7.3%
SCCO_3312025_Monopoly_xInd_xCD_Getting_Cheaper	03312025	SCCO	Southern Copper	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	31.7%	48.5%	-19.1%
SCCO_6302022_Dip_Buyer_ValueBuy	06302022	SCCO	Southern Copper	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	27.2%	51.7%	-12.7%
SCCO_9302021_Dip_Buyer_FCFYield	09302021	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	39.5%	-14.3%	-18.2%
SCCO_2292020_Dip_Buyer_FCFYield	02292020	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	47.1%	121.4%	-29.3%
SCCO_11302018_Dip_Buyer_FCFYield	11302018	SCCO	Southern Copper	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	4.5%	20.6%	-12.8%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	126.3%	233.4%
CSIQ	Canadian Solar	1.9	58.7%	156.0%
FSLY	Fastly	1.7	44.9%	22.5%
BHF	Brighthouse Financial	3.8	44.5%	37.4%
GDEN	Golden Entertainment	0.8	42.9%	-4.9%
DAWN	Day One Biopharmaceuticals	1.0	38.2%	-23.2%
GMED	Globus Medical	11.3	38.2%	1.4%
HAE	Haemonetics	3.3	36.7%	-12.4%
CSTL	Castle Biosciences	1.0	36.5%
APPN	Appian	3.0	35.2%	22.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-59.0%
SOC	Sable Offshore	0.5	-58.4%	-76.7%
BHVN	Biohaven	0.8	-52.5%	-77.9%
DD	DuPont de Nemours	16.7	-51.1%	-46.9%
ASPN	Aspen Aerogels	0.3	-48.7%	-67.5%
BLZE	Backblaze	0.3	-43.9%	-3.7%
AIRS	AirSculpt Technologies	0.4	-42.2%	17.9%
CCOI	Cogent Communications	1.1	-41.6%	-67.5%
ELF	e.l.f. Beauty	4.2	-40.1%	-41.3%
ACVA	ACV Auctions	0.9	-39.3%	-75.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	3.6	207.2%
INBX	Inhibrx Biosciences	1.2	130.5%	424.0%
VTYX	Ventyx Biosciences	0.6	127.2%	300.5%
TERN	Terns Pharmaceuticals	1.7	117.3%
PUMP	ProPetro	1.1	95.6%	15.1%
SNDK	SanDisk	34.7	84.7%
REPL	Replimune	0.8	79.5%	-31.4%
CSIQ	Canadian Solar	1.9	78.3%	156.0%
VICR	Vicor	3.9	66.2%	80.9%
ESTA	Establishment Labs	1.9	62.0%	41.1%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	0.5	-72.8%	-76.7%
NTLA	Intellia Therapeutics	1.0	-62.6%	-18.4%
QURE	uniQure	1.5	-56.3%	57.4%
FMC	FMC	1.8	-53.2%	-69.9%
BHVN	Biohaven	0.8	-52.1%	-77.9%
ASPN	Aspen Aerogels	0.3	-51.4%	-67.5%
LRN	Stride	3.1	-50.3%	-30.7%
FI	Fiserv	35.1	-49.4%	-69.0%
WOLF	Wolfspeed	2.8	-49.3%
ELF	e.l.f. Beauty	4.2	-49.1%	-41.3%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	126.3%	233.4%
CSIQ	Canadian Solar	1.9	58.7%	156.0%
FSLY	Fastly	1.7	44.9%	22.5%
BHF	Brighthouse Financial	3.8	44.5%	37.4%
GDEN	Golden Entertainment	0.8	42.9%	-4.9%
DAWN	Day One Biopharmaceuticals	1.0	38.2%	-23.2%
GMED	Globus Medical	11.3	38.2%	1.4%
HAE	Haemonetics	3.3	36.7%	-12.4%
CSTL	Castle Biosciences	1.0	36.5%
APPN	Appian	3.0	35.2%	22.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-59.0%
SOC	Sable Offshore	0.5	-58.4%	-76.7%
BHVN	Biohaven	0.8	-52.5%	-77.9%
DD	DuPont de Nemours	16.7	-51.1%	-46.9%
ASPN	Aspen Aerogels	0.3	-48.7%	-67.5%
BLZE	Backblaze	0.3	-43.9%	-3.7%
AIRS	AirSculpt Technologies	0.4	-42.2%	17.9%
CCOI	Cogent Communications	1.1	-41.6%	-67.5%
ELF	e.l.f. Beauty	4.2	-40.1%	-41.3%
ACVA	ACV Auctions	0.9	-39.3%	-75.0%

Peer Comparisons for Southern Copper

Financials

	SCCO	RIO	NEM	VALE	CCJ	MT	Median
Name	Southern.	Rio Tinto	Newmont	Vale	Cameco	ArcelorM.
Mkt Price	136.61	69.33	83.39	12.15	92.26	39.16	76.36
Mkt Cap	112.4	-	91.5	51.9	40.2	29.8	51.9
Rev LTM	12,335	-	21,503	37,467	3,464	61,095	21,503
Op Inc LTM	6,199	-	9,359	10,908	646	1,770	6,199
FCF LTM	3,480	-	6,122	2,871	973	58	2,871
FCF 3Y Avg	3,035	-	2,636	4,191	593	1,445	2,636
CFO LTM	4,618	-	9,224	9,014	1,261	4,281	4,618
CFO 3Y Avg	4,112	-	5,616	10,182	801	5,981	5,616

Growth & Margins

	SCCO	RIO	NEM	VALE	CCJ	MT	Median
Name	Southern.	Rio Tinto	Newmont	Vale	Cameco	ArcelorM.
Rev Chg LTM	12.7%	-	26.6%	-8.6%	23.9%	-1.9%	12.7%
Rev Chg 3Y Avg	7.1%	-	23.9%	-5.8%	24.2%	-9.8%	7.1%
Rev Chg Q	15.2%	-	20.0%	9.1%	-14.7%	3.0%	9.1%
QoQ Delta Rev Chg LTM	3.8%	-	4.5%	2.4%	-3.0%	0.8%	2.4%
Op Mgn LTM	50.3%	-	43.5%	29.1%	18.6%	2.9%	29.1%
Op Mgn 3Y Avg	47.3%	-	23.9%	33.3%	13.3%	3.1%	23.9%
QoQ Delta Op Mgn LTM	0.8%	-	4.5%	1.0%	0.3%	-0.2%	0.8%
CFO/Rev LTM	37.4%	-	42.9%	24.1%	36.4%	7.0%	36.4%
CFO/Rev 3Y Avg	36.6%	-	32.6%	25.6%	27.3%	9.1%	27.3%
FCF/Rev LTM	28.2%	-	28.5%	7.7%	28.1%	0.1%	28.1%
FCF/Rev 3Y Avg	27.0%	-	13.8%	10.5%	20.1%	2.1%	13.8%

Valuation

	SCCO	RIO	NEM	VALE	CCJ	MT	Median
Name	Southern.	Rio Tinto	Newmont	Vale	Cameco	ArcelorM.
Mkt Cap	112.4	-	91.5	51.9	40.2	29.8	51.9
P/S	9.1	-	4.3	1.4	11.6	0.5	4.3
P/EBIT	17.7	-	8.8	7.1	51.5	13.2	13.2
P/E	29.4	-	12.7	9.4	76.4	11.5	12.7
P/CFO	24.3	-	9.9	5.8	31.9	7.0	9.9
Total Yield	5.4%	-	9.1%	10.6%	1.3%	8.7%	8.7%
Dividend Yield	2.0%	-	1.2%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	3.8%	-	3.6%	8.1%	2.3%	6.9%	3.8%
D/E	0.1	-	0.1	0.4	0.0	0.5	0.1
Net D/E	0.0	-	-0.0	0.3	0.0	0.3	0.0

Returns

	SCCO	RIO	NEM	VALE	CCJ	MT	Median
Name	Southern.	Rio Tinto	Newmont	Vale	Cameco	ArcelorM.
1M Rtn	9.2%	5.9%	-2.1%	13.0%	6.5%	5.3%	6.2%
3M Rtn	37.6%	14.8%	21.3%	18.9%	19.9%	16.5%	19.4%
6M Rtn	54.1%	18.4%	55.7%	34.2%	81.9%	30.5%	44.2%
12M Rtn	30.5%	14.2%	88.9%	24.4%	75.9%	52.9%	41.7%
3Y Rtn	170.6%	37.7%	96.6%	12.2%	286.6%	62.6%	79.6%
1M Excs Rtn	-	-	-	-	-	-	-
3M Excs Rtn	34.9%	5.8%	13.1%	10.7%	10.4%	10.2%	10.5%
6M Excs Rtn	50.7%	15.0%	52.3%	30.8%	78.5%	27.1%	40.8%
12M Excs Rtn	10.5%	-0.5%	72.0%	9.0%	67.5%	45.6%	28.1%
3Y Excs Rtn	161.8%	0.4%	72.5%	-36.7%	244.5%	30.1%	51.3%

Comparison Analyses

	Title
0	Southern Copper vs. Newmont Mining: With Return Forecast Of 34%, Newmont Mining Is A Better Bet
1	FCX or SCCO - With 17% Return Forecast, SCCO Probably Deserves Your Money
2	Southern Copper vs. Boston Scientific: Neither Seems Like A Good Bet
3	Southern Copper vs. Booking Holdings: With Return Forecast Of 39%, Booking Holdings Is A Better Bet
4	Southern Copper vs. Intuit: With Return Forecast Of 35%, Intuit Is A Better Bet
5	Southern Copper vs. Autodesk: Similar Market Cap, Similar Bets
6	Southern Copper vs. Schlumberger: Similar Market Cap, But Schlumberger Is A Better Bet
7	Southern Copper vs. Eli Lilly and Company: Similar Income, But Southern Copper Is A Better Bet
8	Southern Copper vs. Dollar General: Similar Market Cap, Similar Bets
9	Southern Copper vs. IHS Markit: Similar Market Cap, But Southern Copper Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	10/31/2025	3/3/2025	2/29/2024	2/28/2023	3/7/2022	2/26/2021	2/28/2020
Key Financials
Total Revenue	12,335	11,433	9,896	10,048	10,934	7,985	7,286
EBITDA	7,208	6,537	5,116	5,384	6,860	3,888	3,532
Operating Income	6,199	5,555	4,192	4,436	6,065	3,121	2,753
Net Income	3,821	3,377	2,425	2,638	3,397	1,570	1,486
EPS	4.70	4.21	3.05	3.32	4.18	1.93	1.83
Growth Rates
Total Revenue Growth	12.7%	15.5%	-1.5%	-8.1%	36.9%	9.6%	2.7%
EBITDA Growth	18.8%	27.8%	-5.0%	-21.5%	76.4%	10.1%	-0.3%
Operating Income Growth	21.2%	32.5%	-5.5%	-26.9%	94.4%	13.4%	-4.4%
Net Income Growth	26.2%	39.2%	-8.1%	-22.3%	116.3%	5.7%	-3.7%
Margins
EBITDA Margin	58.4%	57.2%	51.7%	53.6%	62.7%	48.7%	48.5%
Operating Income Margin	50.3%	48.6%	42.4%	44.1%	55.5%	39.1%	37.8%
Net Income Margin	31.0%	29.5%	24.5%	26.3%	31.1%	19.7%	20.4%
Cash & Debt
Total Cash	4,526	3,503	1,751	2,278	3,489	2,594	2,006
Total Debt	7,433	6,998	7,030	7,103	7,464	7,523	7,987
Net Debt / (Cash)	2,907	3,494	5,279	4,825	3,975	4,929	5,981
Cash Flows
Net Cash from Operations	4,618	4,422	3,573	2,802	4,292	2,784	1,912
Free Cash from Operations	3,480	3,394	2,564	1,854	3,400	2,191	1,204
Returns to Shareholders
Dividends	2,304	1,637	3,092	2,706	2,474	1,160	1,273
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	10/31/2025	7/31/2025	4/30/2025	3/3/2025	10/31/2024	8/2/2024	4/30/2024	2/29/2024	11/1/2023	8/1/2023	5/2/2023	2/28/2023
Key Financials Quarterly
Total Revenue	3,377	3,051	3,122	2,784	2,931	3,118	2,600	2,296	2,506	2,301	2,794	2,820
Ebitda	2,023	1,844	1,794	1,546	1,723	1,824	1,445	1,077	1,311	1,139	1,589	1,650
Operating Income	1,769	1,587	1,536	1,307	1,450	1,607	1,190	869	1,069	901	1,354	1,370
Net Income	1,108	973	946	794	897	950	736	445	620	548	813	902
EPS	1.35	1.20	1.17	0.98	1.12	1.20	0.93	0.55	0.77	0.68	1.00	1.11
Key Financials TTM
Total Revenue TTM	12,335	11,888	11,956	11,433	10,945	10,519	9,702	9,896	10,420	10,072	10,078	10,048
Ebitda TTM	7,208	6,907	6,887	6,537	6,068	5,657	4,972	5,116	5,689	5,403	5,290	5,384
Operating Income TTM	6,199	5,880	5,900	5,555	5,116	4,735	4,028	4,192	4,694	4,412	4,320	4,436
Net Income TTM	3,821	3,610	3,587	3,377	3,028	2,751	2,348	2,425	2,883	2,782	2,667	2,638
Growth Rates Quarterly
Total Revenue Growth	15.2%	-2.2%	20.1%	21.3%	17.0%	35.5%	-6.9%	-18.6%	16.2%	-0.3%	1.1%	-0.1%
EBITDA Growth	17.4%	1.1%	24.2%	43.6%	31.4%	60.1%	-9.1%	-34.7%	27.9%	11.0%	-5.6%	-4.6%
Operating Income Growth	22.0%	-1.3%	29.1%	50.5%	35.6%	78.5%	-12.1%	-36.6%	35.8%	11.4%	-7.9%	-10.5%
Net Income Growth	23.5%	2.4%	28.5%	78.4%	44.7%	73.6%	-9.5%	-50.7%	19.4%	26.6%	3.6%	8.3%
Margins Quarterly
EBITDA Margin	59.9%	60.4%	57.5%	55.5%	58.8%	58.5%	55.6%	46.9%	52.3%	49.5%	56.9%	58.5%
Operating Income Margin	52.4%	52.0%	49.2%	47.0%	49.5%	51.5%	45.8%	37.8%	42.7%	39.1%	48.5%	48.6%
Net Income Margin	32.8%	31.9%	30.3%	28.5%	30.6%	30.5%	28.3%	19.4%	24.7%	23.8%	29.1%	32.0%
Cash & Debt
Total Cash	4,526	4,010	4,334	3,503	2,974	2,204	1,582	1,751	2,214	2,199	2,440	2,278
Total Debt	7,433	7,449	7,968	6,998	6,982	7,002	7,013	7,030	7,041	7,066	7,085	7,103
Net Debt / (Cash)	2,907	3,439	3,633	3,494	4,009	4,798	5,431	5,279	4,826	4,867	4,644	4,825
Cash Flows Quarterly
FCF from Operations	1,560	977	721	1,360	1,439	962	660	541	1,050	797	1,185	1,082
Cash Flows TTM
FCF from Operations TTM	4,618	4,498	4,483	4,422	3,602	3,213	3,048	3,573	4,114	3,654	3,167	2,803
Returns to Shareholders Quarterly
Dividends	643	557	553	550	469	0	618	773	773	773	773	386
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	89.8%	86.7%	99.1%	96.0%	91.3%	83.3%	55.5%	36.7%	54.2%	48.3%	73.6%	75.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	78.2%	81.2%	94.2%	100.4%	78.7%	60.3%	45.7%	48.9%	62.3%	59.6%	60.2%	57.4%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Mexican Open-pit	5,562	5,773	6,109	4,412	3,964
Peruvian Operations	3,854	3,908	4,371	3,154	2,940
Mexican Industrial Minera Mexico, S.A. de C.V. and subsidiaries (IMMSA) Unit	631	666	454	419	382
Corporate, other and eliminations	-152	-300
Total	9,896	10,048	10,934	7,985	7,286

Operating Income by Segment

$ Mil	2024	2023	2022	2021	2020
Mexican Open-pit	2,775	2,955	3,698	1,981	1,918
Peruvian Operations	1,473	1,468	2,333	1,098	855
Mexican Industrial Minera Mexico, S.A. de C.V. and subsidiaries (IMMSA) Unit	-4	61	89	86	15
Corporate, other and eliminations	-52	-47	-55	-45	-36
Total	4,192	4,436	6,065	3,121	2,753

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Mexican Open-pit	8,696	8,836	8,560	7,236	8,082
Peruvian Operations	4,636	4,871	4,933	5,170	5,018
Corporate, other and eliminations	2,228	2,470	3,807	3,573	2,470
Mexican Industrial Minera Mexico, S.A. de C.V. and subsidiaries (IMMSA) Unit	1,166	1,101	998	967	838
Total	16,725	17,277	18,298	16,946	16,407

Price Behavior

Price Behavior

Market Price	$136.61
Market Cap ($ Bil)	110.4
First Trading Date	12/29/2006
Distance from 52W High	-3.6%
	50 Days	200 Days
DMA Price	$121.49	$100.13
DMA Trend	up	up
Distance from DMA	12.4%	36.4%
	3M	1YR
Volatility	40.5%	39.2%
Downside Capture	147.41	101.11
Upside Capture	279.18	115.58
Correlation (SPY)	53.2%	57.3%

SCCO Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	2.12	1.80	1.79	1.25	1.12	1.18
Up Beta	2.49	2.40	2.29	1.31	1.12	1.11
Down Beta	0.90	1.26	1.31	0.83	1.26	1.18
Up Capture	370%	361%	302%	183%	108%	261%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	14	28	40	70	134	399
Down Capture	231%	80%	103%	105%	98%	103%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	9	16	25	57	117	353

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of SCCO With Other Asset Classes (Last 1Y)
	SCCO	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	26.4%	-6.9%	18.9%	45.7%	0.7%	-1.3%	52.4%
Annualized Volatility	39.7%	19.9%	19.6%	19.9%	16.1%	18.0%	37.2%
Sharpe Ratio	0.68	-0.47	0.76	1.78	-0.14	-0.22	0.88
Correlation With Other Assets		57.9%	55.7%	31.4%	34.6%	34.3%	25.2%

ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of SCCO With Other Asset Classes (Last 5Y)
	SCCO	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	26.8%	8.3%	17.1%	15.9%	13.8%	7.2%	49.7%
Annualized Volatility	37.5%	19.2%	17.1%	15.6%	18.9%	19.1%	49.3%
Sharpe Ratio	0.73	0.34	0.81	0.82	0.61	0.29	0.76
Correlation With Other Assets		62.2%	47.5%	34.0%	41.2%	33.7%	23.1%

Based On 10-Year Data

		Comparison of SCCO With Other Asset Classes (Last 10Y)
	SCCO	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	21.7%	8.7%	14.3%	12.9%	5.1%	5.3%	77.8%
Annualized Volatility	36.1%	20.8%	18.0%	14.7%	17.7%	20.9%	56.2%
Sharpe Ratio	0.65	0.38	0.69	0.72	0.22	0.23	0.96
Correlation With Other Assets		66.0%	55.1%	21.9%	43.1%	39.0%	18.5%

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	9,275,170
Short Interest: % Change Since 9302025	1.3%
Average Daily Volume	2,057,868
Days-to-Cover Short Interest	4.51
Basic Shares Quantity	822,700,000
Short % of Basic Shares	1.1%

Returns Analyses

	Title
0	How Low Can Southern Copper Stock Really Go?
1	Southern Copper Stock Return Comparison
2	Southern Copper Total Shareholder Return (TSR): 3.5% in 2022 and 17.4% 3-yr returns (above peer average)
3	Southern Copper (SCCO) Stock Return: AI Predicts SCCO Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
10/29/2025	-1.1%	-4.1%
7/29/2025	-6.3%	-2.2%	0.4%
4/25/2025	-1.6%	-6.3%	-2.9%
2/12/2025	2.4%	4.7%	0.3%
10/22/2024	1.9%	2.2%	-7.1%
7/19/2024	0.6%	1.1%	1.6%
4/26/2024	4.6%	1.1%	6.2%
2/2/2024	-2.5%	-1.9%	-1.1%
...
SUMMARY STATS
# Positive	11	10	12
# Negative	12	13	11
Median Positive	1.8%	2.8%	6.3%
Median Negative	-1.2%	-2.7%	-4.3%
Max Positive	4.6%	14.0%	27.1%
Max Negative	-6.3%	-8.0%	-20.6%

	Forward Returns
10/29/2025	-1.1%	-4.1%
7/29/2025	-6.3%	-2.2%	0.4%
4/25/2025	-1.6%	-6.3%	-2.9%
2/12/2025	2.4%	4.7%	0.3%
10/22/2024	1.9%	2.2%	-7.1%
7/19/2024	0.6%	1.1%	1.6%
4/26/2024	4.6%	1.1%	6.2%
2/2/2024	-2.5%	-1.9%	-1.1%
10/25/2023	1.5%	3.4%	8.1%
7/28/2023	1.5%	-0.2%	-6.2%
4/27/2023	1.8%	-0.7%	-9.8%
2/3/2023	-1.1%	-2.7%	-2.8%
10/28/2022	-0.3%	14.0%	27.1%
7/27/2022	-0.9%	-3.8%	6.4%
5/3/2022	3.5%	-8.0%	5.0%
2/2/2022	-1.3%	5.9%	21.4%
10/27/2021	0.8%	-3.6%	-4.3%
7/27/2021	0.3%	0.7%	-2.6%
4/28/2021	-1.4%	-0.7%	-4.4%
1/27/2021	2.6%	0.7%	6.7%
10/27/2020	-1.0%	3.8%	16.5%
7/28/2020	-1.4%	-2.9%	6.0%
2/26/2020	-0.1%	-1.1%	-20.6%
SUMMARY STATS
# Positive	11	10	12
# Negative	12	13	11
Median Positive	1.8%	2.8%	6.3%
Median Negative	-1.2%	-2.7%	-4.3%
Max Positive	4.6%	14.0%	27.1%
Max Negative	-6.3%	-8.0%	-20.6%

SEC Filings

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Report Date	Filing Date	Filing
9302025	10312025	10-Q 9/30/2025
6302025	7312025	10-Q 6/30/2025
3312025	4302025	10-Q 3/31/2025
12312024	3032025	10-K 12/31/2024
9302024	10312024	10-Q 9/30/2024
6302024	8022024	10-Q 6/30/2024
3312024	4302024	10-Q 3/31/2024
12312023	2292024	10-K 12/31/2023
9302023	11012023	10-Q 9/30/2023
6302023	8012023	10-Q 6/30/2023
3312023	5022023	10-Q 3/31/2023
12312022	2282023	10-K 12/31/2022
9302022	10312022	10-Q 9/30/2022
6302022	7272022	10-Q 6/30/2022
3312022	5052022	10-Q 3/31/2022
12312021	3072022	10-K 12/31/2021

Insider Activity

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	Owner	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	PALOMINO BONILLA LUIS MIGUEL	9042025	Sell	101.00	214	21,614	213,413	Form
1	PALOMINO BONILLA LUIS MIGUEL	8122025	Sell	100.00	414	41,400	232,700	Form
2	PALOMINO BONILLA LUIS MIGUEL	8112025	Sell	97.50	400	39,000	267,248	Form
3	PALOMINO BONILLA LUIS MIGUEL	6102025	Sell	95.00	400	38,000	260,395	Form
4	PALOMINO BONILLA LUIS MIGUEL	3142025	Sell	90.25	100	9,025	244,848	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Southern Copper (SCCO)

Market Price (11/10/2025): $140.34 | Market Cap: $115.5 BilSector: Materials | Industry: Copper

Southern Copper (SCCO)

Market Price (11/10/2025): $140.34Market Cap: $115.5 BilSector: MaterialsIndustry: Copper

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SCCO Stock

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About Southern Copper (SCCO)

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Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

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Market Price (11/10/2025): $140.34 | Market Cap: $115.5 Bil
Sector: Materials | Industry: Copper

Market Price (11/10/2025): $140.34
Market Cap: $115.5 Bil
Sector: Materials
Industry: Copper