(SCCO) Southern Copper - Ratings and Ratios

Southern Copper Corporation (NYSE:SCCO), a leading global copper producer, specializes in the mining, exploration, smelting, and refining of copper and other minerals. Operating across Peru, Mexico, Argentina, Ecuador, and Chile, the company manages an extensive portfolio of open-pit and underground mines, including Toquepala, Cuajone, and La Caridad. SCCO also operates coal mines and zinc refineries, diversifying its production to include molybdenum, zinc, silver, and gold, which contribute to its revenue streams. Incorporated in 1952 and based in Phoenix, Arizona, SCCO is a subsidiary of Americas Mining Corporation, holding significant copper reserves and resources that underpin its long-term operational sustainability.

Over the next three months, SCCO is expected to experience a sideways to slightly bearish trend. Technically, the stock price of $86.26 is below declining 20, 50, and 200-day SMAs, signaling bearish momentum. Resistance levels at 88.8, 93.2, and 98.4 may cap upside potential. Fundamentally, while SCCO boasts a strong market position and high return on equity (36.82%), its valuation metrics (P/E 19.63, P/B 7.33) indicate a premium. Global copper demand, influenced by economic trends, will be a key driver. If demand weakens due to economic slowdowns, SCCOs revenues may decline. Conversely, rebounding demand could bolster prices. Thus, SCCOs stock may remain range-bound, influenced by copper market dynamics and technical resistance levels.