Southern Copper Corp. Hits Day High with 8.38% Surge Amid Market Decline

Southern Copper Corp. has experienced significant activity today, with the stock rising 8.38% and reaching an intraday high of USD 121.47. This performance stands out against the backdrop of the broader market, as the S&P 500 has seen a decline of 0.55% on the same day.
Over the past week, Southern Copper Corp. has demonstrated a robust performance, gaining 29.19%, while its one-month performance shows an impressive increase of 33.7%. Year-to-date, the stock has risen by 33.4%, reflecting strong momentum in the minerals and mining sector.

Key financial metrics highlight the company's solid position. Southern Copper boasts a high return on capital employed (ROCE) of 40.77%, indicating effective management efficiency. The company also maintains a low debt-to-EBITDA ratio of 0.70 times, showcasing its strong ability to service debt. Additionally, net sales have grown at an annual rate of 10.49%, contributing to a healthy long-term growth outlook.

With a market capitalization of USD 92,847 million, Southern Copper Corp. continues to be a significant player in the industry, supported by a dividend yield of 58.22% and a return on equity of 36.27%.