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Southern Copper NYSE: SCCO reported record quarterly sales, adjusted EBITDA and net income for the second quarter of 2026, as sharply higher metals prices offset lower copper production in Peru, Chief Financial Officer Raúl Jacob Ruisánchez told investors on the company's earnings call.
Copper is giving back ground again. COMEX copper futures (HG) traded at 34.3700 as of the 10:00 AM ET, down from yesterday's close of 34.7600 and sitting 3.51% below the five-day high of 35.6200 set July 20.
California Public Employees Retirement System raised its stake in Southern Copper Corporation (NYSE: SCCO) by 21.2% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,523 shares of the basic materials company's stock after acquiring an additional 33,638 shares during
AI data center expansion could reshape copper demand. FCX, SCCO and BHP are major miners positioned for long-term growth as AI spending accelerates.
In the latest trading session, Southern Copper (SCCO) closed at $175.66, marking a -3.24% move from the previous day.
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.
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ALH, SCCO and NESR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 14th, 2026.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.