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In the most recent trading session, Southern Copper (SCCO) closed at $194.14, indicating a -7.23% shift from the previous trading day.
While oil headlines dominate trading, copper miners are quietly taking a beating. Freeport-McMoRan (NYSE:FCX | FCX Price Prediction) is off over 6% in Thursday's session to just over $71, extending a 4% slide over the past week.
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Shares of Freeport-McMoRan (NYSE:FCX | FCX Price Prediction) are sliding early Thursday as a record rally in copper reverses inside a single session. Freeport-McMoRan stock is down 8% to $70.
Southern Copper (SCCO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On Sunday afternoon, All-In co-host and Social Capital founder Chamath Palihapitiya posted two things minutes apart. First, a declaration: “It has arrived.
Copper spent two years as the least interesting story in the commodity complex. Gold took the headlines.
SCCO's cash flow surges 116.9% in H1'26, aided by higher sales, lower costs and rising metal prices.