Southern Copper Plunges 5.34% Amid Bearish Outlook

On April 3, 2025, Southern Copper experienced a significant drop of 5.34% in pre-market trading, marking a notable decline in its stock price.

Analysts have expressed a bearish outlook on Southern Copper, with an average rating of "Sell" based on the opinions of four analysts. The 12-month stock price forecast stands at $97.35, indicating a modest increase of 3.70% from the current price.

The stock has been trading within a horizontal trend, with a 90% probability of being traded between $86.70 and $102.20 in the near future. This range reflects the current market sentiment and the potential for price fluctuations within this band.

Over the past year, Southern Copper's stock price has decreased by 12.83%, highlighting a downward trend in its performance. Despite this, the company's stock has shown resilience, with a recent 5.09% increase over the past month.