Southern Copper director Palomino Bonilla sells $41,400 in stock

Published 12/08/2025, 18:32
Southern Copper director Palomino Bonilla sells $41,400 in stock

Director Luis Miguel Palomino Bonilla of Southern Copper Corp (NYSE:SCCO), a mining company with a market capitalization of $79.4 billion, sold 414 shares of common stock on August 8, 2025, at a price of $100.0, for a total transaction value of $41,400. The transaction occurred with the stock trading near its InvestingPro Fair Value, with the company maintaining a solid 3.3% dividend yield and a 30-year track record of consistent dividend payments. Following the transaction, Palomino Bonilla directly owns 2327 shares of Southern Copper Corp. The company demonstrates strong financial health with a GREAT overall rating according to InvestingPro analysis, which reveals 10+ additional investment insights available to subscribers, including detailed valuation metrics and growth prospects. Investors can access the comprehensive Pro Research Report, part of the coverage of 1,400+ top US stocks, for deeper analysis of SCCO’s market position and future potential.

In other recent news, Southern Copper reported the outcomes of its 2025 Annual Meeting of Stockholders. Approximately 97.05% of eligible shares were voted, resulting in the election of nine directors to serve until the 2026 annual meeting. Meanwhile, the company has been the subject of varying analyst opinions. BofA Securities upgraded Southern Copper’s stock rating from Underperform to Neutral, citing a reduction in previously identified risks such as capital allocation and regulatory uncertainties. In contrast, Morgan Stanley (NYSE:MS) downgraded the stock from Equalweight to Underweight due to concerns about its valuation, noting that it trades above its historical average. Similarly, UBS downgraded Southern Copper from Buy to Neutral, maintaining its price target while expressing concerns over the stock’s significant rally since April 2025. These analyst actions reflect differing views on the company’s current valuation and market position.

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