SCCO
Southern Copper Corporation

Southern Copper CorporationSCCO

Basic Materials · Copper
206.14USD
+4.08%
Sep 23, 2026
SCCO overview ready
Large-scale integrated copper producer with mining, concentrating, smelting and refining operations in Mexico and Peru; it also produces molybdenum, silver, zinc and other by-products.
Strong narrative exposure
Exposed to the Critical Minerals Supply Security narrative through Domestic Uranium and Multimineral Projects — pure play.
Constructive pullback in an uptrend
Longer-term context reads mature trend, with a near-term setup of constructive pullback.
Demanding valuation
The price embeds expectations that run ahead of the durability its demand has shown.
Unremarkable fundamentals
Primary risk
Commodity price volatility.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 15

Conviction Level

NarrativeHeat7.5ThemeHeat7.8PriceAction5.7Valuation2.9CompanyPosition7.3
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads mature trend, with a near-term setup of constructive pullback.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$172.0B
Avg Volume (60D)
1.1M
60 sessions
Revenue Growth YoY
+17.4%
FY2025 vs FY2024
Gross Margin
+57.8%
Trailing twelve months
Operating Margin
+56.9%
Trailing twelve months
Free Cash Flow Yield
+3.0%
Distance from 200DMA
+16.0%
Next Earnings
2026-10-27
P/E
30.3x
EV / EBITDA
17.5x
EV / Sales
11.0x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Southern Copper Corporation has an Expensive valuation stance because the price embeds expectations that run ahead of the durability its demand has shown.

Company Research

Thesis
Large-scale integrated copper producer with mining, concentrating, smelting and refining operations in Mexico and Peru; it also produces molybdenum, silver, zinc and other by-products. SCCO is a direct copper-supply exposure rather than a vague downstream electrification proxy.
Opportunity
Moderate opportunity
Long-cycle development and operation of copper and polymetallic mine supply that supports geographically diversified availability of strategically important industrial minerals.
Key risk
Commodity price volatility.

Narrative & Theme

Critical Minerals Supply Security
Part of Domestic Uranium and Multimineral Projects, with strong fit.
SCCO is a direct copper-supply exposure rather than a vague downstream electrification proxy.
Narrative HeatHeating up7.5 / 10
Theme HeatHeating up7.8 / 10

Business & Markets

Basic Materials · Copper
What they do

Southern Copper Corporation operates large-scale mining, smelting, and refining operations to produce copper and other minerals primarily in the Americas, including Mexico, Peru, and the United States.

How it earns

The company generates revenue through the sale of mined and refined copper and related mineral products on a transactional basis.

Products & services
Copper cathodes
Copper concentrates
Molybdenum concentrates
Refined silver
Refined gold
Sulfuric acid
Customers & end markets
Industrial manufacturers
Metals and mining companies
Electronics and construction sectors
Market position

Southern Copper is a leading integrated copper producer with significant scale and geographic diversification in the Americas.

Demand drivers
High cyclicality

The company’s performance is closely tied to commodity price cycles and global economic conditions affecting copper demand.