Bill Gross warns on gold momentum as regional bank stocks tumble
Southern Copper Corp. stock reached a 52-week high, hitting 117.5 USD, showcasing the company’s robust performance with an impressive 27.25% gain year-to-date. According to InvestingPro, the company maintains a "GREAT" financial health score of 3.24 out of 5. This milestone reflects steady growth, highlighting investor confidence in the company’s resilience. The stock has maintained dividend payments for 30 consecutive years, currently offering a 2.9% yield. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. The rise to this 52-week high underscores Southern Copper Corp.’s strategic positioning in the mining sector, with strong operational efficiencies reflected in its 59.2% gross profit margin. InvestingPro analysis reveals 12 additional key insights about the company’s performance and outlook, available in the comprehensive Pro Research Report.
In other recent news, Southern Copper has been the focus of multiple analyst ratings changes. BofA Securities upgraded Southern Copper from Underperform to Neutral, citing a reduction in several previously identified risks, such as regulatory uncertainty in Mexico and macroeconomic headwinds related to tariffs. BofA also increased its price target for the company from $75.00 to $108.00. Meanwhile, Morgan Stanley downgraded the stock from Equalweight to Underweight, expressing concerns over its valuation as it trades above its historical average and at a premium to industry peers. Despite the downgrade, Morgan Stanley raised its price target to $99.00 from $86.00. UBS also downgraded Southern Copper from Buy to Neutral, maintaining a price target of $105.00, due to valuation concerns after the stock’s significant rally since April 2025. These developments highlight differing analyst perspectives on Southern Copper’s current valuation and future prospects.
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