Southern Copper operates low-cost copper mines across Peru and Mexico, ranking among the lowest-cost producers globally. Nearshoring is lifting copper demand for electrical wiring and grid infrastructure in North America. The widening structural copper supply deficit is the dominant signal driver.
Thesis reviewed May 29, 2026
Southern Copper Corporation is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail ββMining8WATCH| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| VALE | Vale S.A. | 16 | -8% | β83% | AVOID |
| AG | First Majestic Silver Corp. | 16 | +13% | β83% | EARLY |
| TECK | Teck Resources Limited | 16 | +19% | β83% | EARLY |
| AEM | Agnico Eagle Mines Limited | 16 | +18% | β83% | EARLY |
| FM | First Quantum Minerals Ltd. | 16 | -7% | β83% | AVOID |
| IVN | Ivanhoe Mines Ltd. | 16 | +17% | β83% | EARLY |
| GOLD | Barrick Gold Corporation | 16 | +11% | β83% | EARLY |
Investors who hold SCCO may also have indirect exposure through these country funds.
Nearshoring lifts North American copper demand for grid and wiring
Global copper supply deficit widens, supporting price outlook
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Marjorie Taylor Mrs GreeneGA | R | Buy | $1kβ$15k | Nov 20, 24 | +106.8% |
| Marjorie Taylor Mrs GreeneGA | R | Buy | $1kβ$15k | Sep 20, 24 | +98.7% |