SCC(US:SCCO) Financial Modeling Prep·2026-01-26 02:00Core Viewpoint - Southern Copper Corporation (NYSE:SCCO) is experiencing an upward trend in price targets and share prices, driven by improved operational efficiencies and strong market demand for copper and other minerals [2][3][4][6] Company Overview - Southern Copper Corporation operates extensively in the mining sector across Peru, Mexico, Argentina, Ecuador, and Chile, focusing on copper production and other minerals like molybdenum, silver, gold, zinc, and lead [1] Price Target Trends - The consensus price target for SCCO has risen from $131.77 last year to $142.71 last quarter, and currently stands at $153, indicating growing optimism among analysts [2][6] Share Price Movement - Recently, SCCO's share price increased by 6.2% in the last trading session, supported by above-average trading volume and aligning with positive earnings estimate revisions [3][6] Market Demand Factors - The demand for copper is closely linked to global economic conditions, particularly from sectors such as construction and electronics, which could enhance Southern Copper's financial performance [4] Operational and Strategic Developments - Operational improvements and strategic initiatives are contributing to the optimistic outlook for SCCO, alongside the favorable market conditions for copper [4][6] Revenue and Profitability Influences - Fluctuations in commodity prices, especially copper, significantly impact SCCO's revenue and profitability, necessitating close monitoring of regulatory and environmental factors in its operating regions [5]