scco stock: Southern Copper Corporation (SCCO) Guide

Southern Copper Corporation (SCCO) — "scco stock"

Keyword note: This article focuses on the NYSE-listed equity known as scco stock. Not to be confused with any cryptocurrency or token.

Lead summary

Southern Copper Corporation is an integrated copper producer with mining, smelting and refining operations concentrated primarily in Peru and Mexico. Its common shares trade on the New York Stock Exchange under the ticker SCCO; the scco stock is closely watched for copper-commodity exposure, attractive dividend history, and a concentrated ownership structure led by Grupo Mexico/Minera Mexico.

Company overview

Southern Copper Corporation operates across the full copper value chain: exploration, mining (open-pit and underground), ore concentrators, smelters and refineries. Beyond copper, the company produces and sells by-products including molybdenum, silver and zinc. The company’s operations are primarily located in Peru and Mexico, with corporate headquarters historically associated with Mexico City and reporting centralized financials in its U.S.-listed parent. Investor-facing materials and segment reporting typically separate Peruvian operations and Mexican operations (which include large open-pit complexes and some underground mines).

History

Southern Copper traces its modern corporate form through mid‑ to late‑20th century mining developments in Mexico and Peru. Over time the company became closely associated with Grupo Mexico (through Minera Mexico and related entities), a controlling shareholder relationship that has shaped corporate strategy and capital allocation. Key historic assets include the Toquepala and Cuajone mines in Peru and the La Caridad and Buenavista clusters in Mexico. Significant project milestones have included large expansions, concentrator upgrades and permitting for projects such as Tía María in Peru. Corporate reorganizations over the decades formalized Southern Copper’s NYSE listing (ticker SCCO) and consolidated many operating units under centralized reporting. For precise incorporation dates and merger steps, refer to Southern Copper’s annual reports and historical filings.

Operations and assets

Major mines and projects

Southern Copper’s principal producing mines and projects include:

• Toquepala (Peru) — A large open-pit copper mine with concentrator capacity; historically one of the company’s largest copper producers and subject to expansion phases and leaching/test programs.
• Cuajone (Peru) — Another major Peruvian open-pit concentrator complex producing copper cathode and concentrate; often paired with Toquepala for regional logistics and water/energy planning.
• La Caridad (Mexico) — A large Mexican copper complex with integrated processing that has been a core producing asset for decades.
• Buenavista / Cananea and related Mexican operations — Includes open-pit and underground assets with associated concentrators, smelters and refining capacity.
• Tía María (Peru) — A development-stage copper project that has had permitting and social-license milestones widely followed by investors; its progress materially affects long-term production outlook.

Each asset contributes to SCCO’s production profile with varying ore grades, strip ratios and by-product credits (silver, molybdenum). Expansion projects commonly target throughput increases, improved recovery rates and additional SX/EW (solvent extraction/electrowinning) capacity for cathode production.

Processing, smelting and logistics

Southern Copper operates an integrated processing chain that includes concentrators, smelters and refineries. Smelting and refining capacity enables the company to capture more value by producing refined copper and copper cathode rather than selling raw concentrates. The company also operates supporting logistics infrastructure — rail and port access, water management facilities and power arrangements — that connect mines to smelters and export routes. Integration reduces third‑party tolling costs and exposure to concentrate treatment and refining charges, and it affects the company’s placement on the global copper cost curve.

Exploration and pipeline

Exploration activities focus on resource growth near existing operations (brownfields) and on select greenfield opportunities in Peru, Mexico and other jurisdictions where the company has tenure. The exploration pipeline typically includes geological mapping, drilling campaigns, metallurgical test work and early-stage technical studies. Results are reported periodically in technical reports and press releases; investors review drill results, resource and reserve updates, and feasibility study milestones to assess future production potential.

Corporate structure and governance

Southern Copper’s ownership is characterized by a significant controlling interest from Grupo Mexico and its mining affiliate Minera Mexico. This concentrated ownership influences strategic decisions and capital allocation. Executive leadership includes a CEO and senior management overseeing operations, finance and corporate functions; the board of directors typically includes independent and affiliated directors representing major shareholders and independent oversight. Notable governance considerations for investors include related‑party arrangements that can arise with controlling shareholders, disclosure practices in annual and proxy statements, and board-level oversight of ESG, permitting and community relations. For authoritative ownership percentages and board composition, consult the latest annual report and proxy statement.

Stock market listing and basic stock information

SCCO common shares trade on the New York Stock Exchange under the ticker symbol SCCO. The shares are listed as common stock and trade during NYSE trading hours (regular session). Investors commonly track public filings and company releases via the Southern Copper investor relations page and the U.S. SEC EDGAR filing system for 10‑Q and 10‑K filings. Common public-data items that investors follow include float, shares outstanding and average daily volume; these metrics are published by market data providers and the company’s filings.

Financial profile

Key financial metrics

When evaluating scco stock, analysts and investors commonly examine:

• Market capitalization — overall equity valuation (market cap).
• Revenue and revenue growth — top-line sales, often heavily influenced by realized metal prices and sales volumes.
• Net income and margins — profitability measures; recent quarters may show marked swings due to commodity prices.
• EBITDA — operating cash-earnings proxy used to compare across miners.
• EPS and P/E — per-share earnings and valuation multiples (price-to-earnings).
• Debt levels and net debt/EBITDA — leverage and balance-sheet strength.
• Return on equity (ROE) and return on capital — measures of capital efficiency.

These metrics help place SCCO on cost curves and relative to peers; they should be read alongside production volumes, unit costs (C1 cash cost, all-in sustaining cost where available) and commodity price sensitivity.

Financial statements and reporting

Southern Copper reports results on a quarterly and annual cadence. Investors can access periodic reports (10‑Q quarterly reports and 10‑K annual reports) filed with the U.S. SEC and published on the company’s investor relations site. Typical reporting-season items include quarterly earnings releases, conference calls, production and sales volumes, capital expenditure guidance and any updates on major permits or projects. For current-year comparisons and auditing detail, the annual report and audited financial statements are primary sources.

Dividends and capital allocation

SCCO has a history of returning cash to shareholders via regular dividends and occasional special payouts depending on free cash flow and board decisions. Investors monitor declared dividend amounts, ex‑dividend dates and payout ratios. Capital allocation priorities typically balance sustaining and growth capital expenditures (mine expansions, concentrator/smelter upgrades), debt servicing and dividend policy. For precise dividend history and board resolutions, consult the company’s dividend press releases and annual reports; dividend yields should be calculated based on the most recent declared dividend and a current share price as of a specified date.

Stock performance and market dynamics

Historical price performance

Historical price performance for scco stock can be presented as intraday charts, 52‑week ranges and long‑term trends. Mining stocks frequently show cyclicality tied to commodity cycles; long-run charts illustrate periods of consolidation, rallies alongside copper price appreciation, and drawdowns during commodity weakness or country-specific disruptions. Notable volatility episodes often coincide with major permitting news, strikes, geopolitical developments in host countries, or sharp moves in copper prices driven by macro demand shifts (e.g., infrastructure spending, electrification and EV adoption).

Drivers of share price

Primary drivers of scco stock include:

• Copper and commodity prices — spot and contracted prices materially affect revenue and margins.
• Production and operational results — actual mine production, grade performance, concentrator recoveries and unit costs.
• Permitting and local/social license — project approvals or social conflict can delay or advance production plans.
• Macroeconomic demand — global demand from construction, renewable and EV sectors.
• Company-specific news — M&A, capital projects, dividends, or executive changes.
• Country risk and regulation — fiscal/royalty changes, taxation and environmental regulation in Peru and Mexico.

Trading statistics

Typical trading stats investors review for scco stock include average daily trading volume, float and shares outstanding, historical beta (market correlation), and short interest. Mining stocks may also show seasonality (for example, logistics or rainy-season effects on production in certain jurisdictions), and liquidity measures are relevant for larger block trades. For current values of these statistics, consult market-data providers and the company’s filings; remember to timestamp any quoted figure.

Analysts, ratings and investor sentiment

As of January 14, 2026, sell‑side research activity for SCCO has included notable rating changes: several outlets compiled by The Fly and Benzinga reported a JPMorgan downgrade of Southern Copper to Underweight with a lower price target following a rally; other firms have adjusted views and targets around the same period. Analysts commonly issue buy/hold/sell recommendations, price targets, and production or cost forecasts. Consensus analyst ratings and target-price averages are tracked by market-data platforms and reflect differing assumptions on copper prices, project progress and country risk. Investor sentiment trends also show momentum when copper rallies or when corporate news (dividend changes, major permits) is released.

Risks and controversies

Key risks for scco stock include:

• Commodity price exposure — revenue and earnings volatility tied to copper and by-product prices.
• Geopolitical and regulatory risk — operations concentrated in Peru and Mexico face permitting, royalty/tax and political risks.
• Environmental and social (ESG) concerns — water use, tailings management, and community relations can cause delays and reputational risk.
• Operational risk — strikes, accidents, geotechnical failures and unplanned downtime.
• Currency exposure — operating costs and revenue mix may expose results to local-currency fluctuations.
• Large shareholder influence — controlling shareholder decisions can affect minority shareholders’ interests and corporate governance dynamics.

These risks are routinely discussed in the company’s risk factor disclosures and in analyst notes; investors should consult official filings for details and updates.

Major corporate events and recent developments

Important events to track for scco stock include quarterly earnings releases, dividend declarations and ex‑dividend dates, permitting milestones (for example, developments around Tía María), executive-level changes, and regulatory actions in host countries. As previously noted, on January 14, 2026, media compilations of Wall Street research (The Fly/Benzinga) reported a JPMorgan downgrade of Southern Copper to Underweight with a stated price target change, reflecting market reactions after a prior rally. UBS and other firms published opinion shifts around the same timeframe; for example, press compilers noted that UBS adjusted its stance on Southern Copper in early January 2026. These analyst moves are part of the near‑term news flow that can influence share volatility.

Comparison and peers

Principal peers and comparables for SCCO include major copper and diversified base‑metals producers. When comparing peers, analysts look at production scale, geographic diversification, cost position on the global copper cost curve, reserve/resource base and vertical integration (smelting/refining capacity). Peer examples commonly used in comparative analysis include large copper producers and diversified miners. Differences versus peers can include lower operating costs due to integrated smelting capacity, higher country concentration if Peru/Mexico exposure is substantial, and corporate governance structures influenced by large shareholders.

Investor resources

For up‑to‑date data on scco stock, useful sources include:

• Southern Copper Corporation — investor relations page and published SEC filings (10‑K, 10‑Q, proxy statements).
• SEC EDGAR filings for authoritative reports and exhibits.
• Major financial news and market‑data pages (example sources tracked by investors: Yahoo Finance, MarketWatch, CNBC, Seeking Alpha) for quotes, historical charts and analyst summaries.
• Brokerage and trading platforms — for market access, Bitget is a recommended platform in this article for trading and custody services; for Web3 wallet needs, Bitget Wallet is suggested where applicable.

Note: This article avoids trading links; investors should access investor relations and SEC filings directly through official portals and use reputable market-data services for live quotes.

See also

• Copper market
• Base metals industry
• Mining company valuation metrics (C1 cash cost, AISC, EBITDA)
• Grupo Mexico
• Commodity ETFs with copper exposure

References and sources used

Selected media and data sources consulted while compiling this guide (names only, no links):

• Yahoo Finance — SCCO quote summary and historical data
• Robinhood — SCCO profile and trading metrics
• MarketWatch — SCCO market data and news
• CNN Markets — SCCO quotes and headlines
• HeyGoTrade — SCCO market snapshot
• CNBC — SCCO quotes and analyst coverage summaries
• Seeking Alpha — SCCO coverage and transcripts
• eToro — SCCO market profile
• The Globe and Mail — SCCO listings and news
• Benzinga and The Fly research compilation — analyst rating updates and market-moving research calls (reported January 14, 2026)
• Southern Copper Corporation — official investor relations and SEC filings

Reporting note

As of January 14, 2026, Benzinga and The Fly reported specific analyst activity around Southern Copper, including a JPMorgan downgrade to Underweight and other rating adjustments. Market-cap and revenue references in this article rely on contemporaneous reporting from market-data compilers; for up‑to‑date numerical values please consult the issuer’s filings or live market-data services and timestamp any quoted figure.

How to track and monitor scco stock (practical checklist)

• Subscribe to Southern Copper’s investor relations email alerts for earnings releases and corporate announcements.
• Monitor quarterly 10‑Q and annual 10‑K filings on SEC EDGAR for authoritative numbers and risk disclosures.
• Follow production and safety reports for Toquepala, Cuajone, La Caridad and Buenavista for operational trend data.
• Watch copper spot prices and futures markets as they are primary drivers of revenue sensitivity.
• Review analyst notes and consensus models summarized by major financial news compilers; note the date and assumptions behind price targets and ratings.
• Use a trading platform (such as Bitget) for order execution if you intend to trade; check platform market data and fees before using.

Editorial and compliance reminders

This guide is neutral, factual and educational. It is not investment advice or a recommendation to buy or sell scco stock. Readers should conduct their own due diligence and consult licensed advisors before making investment decisions. The article intentionally avoids hyperlinks and external redirection; investors should use official company resources and regulated market-data providers for transaction or filing access.

Further exploration

To explore more about SCCO’s operations, permitting status and financial results, access the company’s latest annual report and SEC filings. For trade execution and custody solutions, consider Bitget’s trading platform and Bitget Wallet for asset management. Stay up to date with market-moving analyst calls and research compilations, noting the reported January 14, 2026 activity described earlier for context on near-term analyst sentiment.

Want real-time quotes and trading access for scco stock? Check live market-data pages and consider Bitget for a trading account or Bitget Wallet for custody — and always verify announcements on the company's investor relations page and SEC filings before making decisions.