On August 7, Southern Copper Corp rose 3.45% in regular trading, trading at 198.84 USD/share, with turnover of $6.10 million.

On the news front, Morgan Stanley commodity strategist Amy Gower noted in a latest research report that copper is simultaneously flowing to both China and the United States, with global inventories tightening and pushing up prices and term spreads. The report highlighted that copper prices still have further upside potential given persistent supply constraints.

Buoyed by this outlook, the copper sector extended its recent strength with broad-based gains across industry peers. Freeport-McMoRan rose 2.97%, Ero Copper gained 3.38%, and TREKOR METALS advanced 1.83%. Southern Copper Corp, one of the world's largest integrated copper producers, operates mining, smelting, and refining facilities in Peru and Mexico, producing copper, molybdenum, zinc, and silver.

(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.)