Southern Copper Corporation (SCCO)

Underperform Current rating · 3 reports

Coverage summary

Aardvark Labs Capital Research has covered Southern Copper Corporation (SCCO) since May 1, 2026. The company is in the Basic Materials sector. This page lists 3 reports: 3 earnings recaps.

The latest is the Q3 2026 Earnings Recap, published October 25, 2026. That report moved the rating from Hold to Underperform. The rating has changed once since coverage began.

Translations: 2 in Chinese.

Rating history

May 1, 2026 First rating: Hold Q1 2026 Earnings Recap
October 25, 2026 Hold → Underperform Q3 2026 Earnings Recap

All SCCO reports

2026-10-25

Underperform Recap: Q3 2026

Record Prices Masked a $0.17 Cost Jump, a Tia Maria Slip to 2028 and an Unexplained $8 Billion Cash Pile: Downgrading to Underperform, Fair Value $144–156

2026-07-23

Hold Recap: Q2 2026

The Cost Base Passed Its Fuel Test; Silver Started to Give Back. Better Quarter, Worse Entry Point.

2026-05-01

Hold Recap: Q1 2026

Silver Pays the Copper Bill: Cash Costs Go Negative on a Record Quarter, But Volumes Go Backwards and Growth Waits for 2028