Southern Copper Stock To $222?
Southern Copper (SCCO) stock has fallen by 21.9% in less than a month, from $218.85 on 2nd Mar, 2026 to $170.83 now. What comes next? We believe there is a good chance of a stock rebound considering history of recovery post-dips and our current Attractive but Volatile opinion of the stock. Read Buy or Sell Southern Copper Stock to see how we arrive at this opinion.
Dip buying is a viable strategy for quality stocks that have a history of recovering from dips. As it turns out, SCCO stock passes basic quality checks. Historically, the median return for the 12-month period following sharp dips was 39%, with median peak return reaching 63%. We define sharp dip as stock going down 20% or more, in less than 30 day period.
Below, we get into details of historical dips and subsequent returns.
Historical Median Returns Post Dips
| Period | Past Median Return |
|---|---|
| 1M | 1.5% |
| 3M | 5.4% |
| 6M | 33.1% |
| 12M | 38.7% |
Historical Dip-Wise Details
SCCO had 7 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered
- 63% median peak return within 1 year of dip event
- 283 days is the median time to peak return after a dip event
- -10% median max drawdown within 1 year of dip event
| 30 Day Dip | SCCO Subsequent Performance | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | SCCO | SPY | 1Y | Peak Return |
Max Drop |
# Days to Peak |
||
| Median | 39% | 63% | -10% | 283 | ||||
| 7122022 | -21% | -6% | 70% | 79% | -10% | 280 | ||
| 5062022 | -20% | -9% | 39% | 45% | -28% | 347 | ||
| 6222021 | -23% | 2% | -9% | 31% | -9% | 283 | ||
| 2262020 | -21% | -5% | 124% | 143% | -32% | 362 | ||
| 8152019 | -22% | -5% | 57% | 63% | -19% | 357 | ||
| 11232018 | -24% | -3% | 26% | 36% | -9% | 145 | ||
| 5182010 | -20% | -6% | 30% | 87% | -3% | 230 | ||
Southern Copper Passes Basic Financial Quality Checks
Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.
| Quality Metrics | Value | Quality Check |
|---|---|---|
| Revenue Growth (LTM) | 17.4% | Pass |
| Revenue Growth (3-Yr Avg) | 10.5% | Pass |
| Operating Cash Flow Margin (LTM) | 35.4% | Pass |
| Leverage (see below) | – | Pass |
| => Interest Coverage Ratio | 19.4 | |
| => Cash To Interest Expense Ratio | 13.3 |
Not sure if you can take a call on SCCO stock? Consider portfolio approach
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