Southern Copper Plunges 5.34% Pre-Market Ahead of Earnings

On April 3, 2025, Southern Copper experienced a pre-market drop of 5.34%.

Southern Copper's recent performance has been a mix of gains and losses. Over the past month, the stock has seen a 9.26% increase, outperforming the Basic Materials sector and the S&P 500. However, over the last 12 months, its price has fallen by 12.83%.

Analysts are closely watching Southern Copper's upcoming earnings report, with expectations of $1.05 per share in earnings, marking a year-over-year growth of 11.7%. The consensus estimate for revenue is $2.79 billion, indicating a 7.48% increase compared to the same quarter of the previous year. For the full year, analysts expect earnings of $4.63 per share and revenue of $11.7 billion, reflecting changes of +6.93% and +2.31%, respectively, from last year.

The stock's valuation metrics show a Forward P/E ratio of 20.28, which is a premium compared to its industry's average Forward P/E of 18.8. Additionally, Southern Copper has a PEG ratio of 1.84, which is higher than the Mining - Non Ferrous industry's average PEG ratio of 0.79. The industry currently holds a Zacks Industry Rank of 188, placing it within the bottom 25% of over 250 industries.