On July 21, Southern Copper rose 3.2% in pre-market trading, reaching $180.74/share, with turnover of $117,000.

On the news front, multiple international investment banks have collectively raised their medium-to-long-term copper price forecasts. Institutions project the global copper market structural deficit will widen annually starting from 2027, with long-term copper prices potentially reaching $17,000 per ton. The broader copper sector rallied in tandem, with Freeport-McMoRan up 2.79%, TREKOR METALS up 3.13%, and Ero Copper up 4.02%.

Fundamentally, Southern Copper maintains one of the lowest production cost profiles globally, with a c1 cash cost of $0.58/lb after by-product credits and a gross margin of approximately 75%. The company previously filed with the SEC to register common stock and multiple classes of debt securities for future offerings, providing capital flexibility for long-term expansion projects and reinforcing market confidence in its growth trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)