Why Did Southern Copper Plunge 5.34%?

On April 3, 2025, Southern Copper's stock price dropped by 5.34% in pre-market trading.

Southern Copper Corporation, a leading copper producer, has seen its stock price fluctuate in recent weeks. The company's stock price ended at $93.88 on Tuesday, April 1, 2025, after gaining 0.449%. The current share price is US$93.46, with a 52-week high of US$127.34 and a 52-week low of US$84.33. The stock has a beta of 1.13, indicating that it is more volatile than the overall market. Over the past month, the stock has seen a 5.09% change.

Analysts have been closely monitoring Southern Copper's performance, as the company's operations are heavily influenced by global copper prices and market demand. The recent drop in stock price could be attributed to various factors, including market sentiment, economic indicators, and industry-specific developments. Investors are advised to stay informed about the latest news and developments related to Southern Copper and the copper industry to make informed investment decisions.