Why Did Southern Copper Plunge 5.34% in Pre-Market Trading?

On April 3, 2025, Southern Copper experienced a significant drop of 5.34% in pre-market trading, reflecting a notable shift in investor sentiment towards the copper mining giant.

Recent market dynamics have influenced Southern Copper's stock performance. The company's stock price ended at $93.88 on Tuesday, April 1, 2025, after gaining 0.449%. This slight increase was followed by a more substantial decline in pre-market trading on April 3, 2025, indicating potential concerns or adjustments in market expectations.

Historical data shows that Southern Copper's stock has seen a 52-week high of $127.34 and a 52-week low of $84.33, with a beta of 1.13, suggesting that the stock is more volatile than the overall market. The company's stock has experienced a 1-month change of 5.09%, reflecting recent market movements and investor reactions to various factors.