“This increase was primarily attributable to the unit effect of lower copper production (-3.5%) and higher production costs (+7.1%), mainly reflecting increases in fuel, labor, and operating material costs, which were partially offset by lower treatment and re…”10-Q · Jul 31, 2026 ↗
Southern Copper Corporation
SCCO
Market read
Southern Copper Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 5 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
- Trade receivables rose $368.1M as higher metal prices lifted billed sales, reducing operating cash flow despite higher earnings.
- Filing reports LME copper price rose 38.8%, cited as a primary driver of higher net sales.
Invalidation: The isolated read changes if SCCO's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 5 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Trade receivables rose $368.1M as higher metal prices lifted billed sales, reducing operating cash flow despite higher earnings.
- Filing reports LME copper price rose 38.8%, cited as a primary driver of higher net sales.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +17.4% year over year.
- Operating margin changed +3.6 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 3 filings.
- Diluted shares increased 3.0% in the latest annual period.
- Input and raw-material costs has repeated adverse evidence across 4 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
194.15Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“New uses for this metal are associated with lubricants, sulfur filtering of heavy oils and shale gas production.”10-Q · Apr 30, 2026 ↗
“Additionally, the 2025 figure included a $9.9 million asset impairment at Tia Maria project.”10-Q · Jul 31, 2026 ↗
“Additionally, the 2025 figure included a $9.9 million asset impairment at Tia Maria project.”10-Q · Jul 31, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SCCO. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SCCO. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SCCO
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SCCO is currently a Follower in the organic co-movement group Copper Miners. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.