Southern Copper stock gains 4.08 percent as copper prices rise
Published on 09/23/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSouthern Copper stock (ISIN US84265V1052) closed at USD 206.14 on the NYSE on September 22, 2026, gaining 4.08 percent as copper prices rose. The Rio Times reported the move on September 23, 2026, alongside a 3.03 percent advance for Freeport-McMoRan.
Copper strength lifts the shares
The September 22 close followed a broader move in copper producers as the metal market benefited from tight supply and demand from China. Southern Copper rose 4.08 percent to USD 206.14, while the comparison with Freeport-McMoRan shows that the session strength extended across major copper names.
The stock remains below its 52-week high of USD 220.78 and above its 52-week low of USD 105.42, according to market data published on September 22, 2026. The USD 206.14 close therefore stood USD 14.64 below the yearly high and USD 100.72 above the yearly low.
Q2 EPS beats the estimate
Southern Copper reported Q2 2026 earnings per share of USD 1.99, exceeding the USD 1.94 estimate by USD 0.05, according to Pluang on September 23, 2026. The result provides a concrete earnings counterweight to the stock valuation debate.
The cited Zacks estimates on September 21, 2026, put upcoming quarterly EPS at USD 2.00, 48.15 percent above the comparable quarter a year earlier, with projected quarterly revenue of USD 4.36 billion, up 29.08 percent year over year. These are estimates rather than reported results.
Valuation remains the counterfactor
Analyst expectations remain below the September 22 closing price. TradingKey reported on September 22, 2026, that the average target was USD 172.97, with a high of USD 275.00 and a low of USD 138.05. The average target was USD 33.17 below the close, making valuation the key counterfactor to the copper-price support.
Southern Copper closed at USD 206.14 on the NYSE on September 22, 2026, with the 4.08 percent daily gain reflecting the same completed trading session. The market capitalization was reported at USD 174.053 billion in market data dated September 22, 2026.
Southern Copper at a glance
- Company: Southern Copper Corporation
- ISIN: US84265V1052
- Ticker: SCCO
- Trading venue: NYSE
- Price as of September 22, 2026: USD 206.14
- Market capitalization: USD 174.053 billion as of September 22, 2026
- Sector / Industry: Basic Materials / Copper
- 52-week range: USD 105.42 to USD 220.78
