Company Overview - Southern Copper (SCCO) shares increased by 4.9% to $207.93 in the last trading session, with a notable trading volume, contributing to a 38.1% gain over the past four weeks [1] - The stock's rise is attributed to a significant increase in copper prices, which have risen by 40.8% over the past year, currently trading near a record high of $6 per pound due to tightening supply concerns [1] Earnings Expectations - Southern Copper is projected to report quarterly earnings of $1.46 per share, reflecting a year-over-year increase of 44.6%, with revenues expected to reach $3.62 billion, a 30% increase from the same quarter last year [2] - Despite positive earnings and revenue growth expectations, a recent revision of the consensus EPS estimate has been lowered by 1.3% over the last 30 days, indicating a potential negative trend in earnings estimate revisions [3] Industry Context - Southern Copper operates within the Zacks Mining - Non Ferrous industry, where another company, Coeur Mining (CDE), experienced a 4.1% decline in its stock price, closing at $24.57, despite a 43.7% return over the past month [3] - Coeur Mining's consensus EPS estimate has decreased by 15.9% over the past month to $0.33, although this still represents a 200% increase compared to the previous year [4]

Core Viewpoint - Energy Fuels (UUUU) has experienced a significant increase in share price, driven by a recent acquisition and strong trading volume, indicating positive market sentiment towards the company [1][2]. Company Performance - Energy Fuels shares rose 14.7% to close at $27.72, with a notable 70% gain over the past four weeks, supported by higher trading volume than usual [1]. - The company is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year increase of 63.2%, while revenues are projected to be $27 million, down 32.4% from the previous year [3]. Acquisition Impact - The acquisition of Australian Strategic Materials Limited, a leading producer of rare earth elements (REE) metals and alloys, is expected to enhance Energy Fuels' production capabilities by integrating ASM's Korean Metals Plant with its existing REE oxide production at White Mesa [2]. Earnings Estimates - The consensus EPS estimate for Energy Fuels has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [4]. - Empirical research indicates a strong correlation between earnings estimate revisions and near-term stock price movements, highlighting the importance of monitoring these trends for future price strength [3][4]. Industry Context - Energy Fuels is part of the Zacks Mining - Non Ferrous industry, which includes other companies like Ero Copper Corp. (ERO), which has also seen positive performance with a 2% increase in its last trading session and a 23.4% return over the past month [5].

Company Performance - Coeur Mining (CDE) shares increased by 12.5% to $25.77 in the last trading session, with a notable trading volume, and have gained 22.4% over the past four weeks [1] - The consensus EPS estimate for Coeur Mining's upcoming quarterly report has been revised down by 15.9% over the last 30 days [4] - Coeur Mining currently holds a Zacks Rank of 1 (Strong Buy) [5] Industry Insights - Silver prices have surged by 223.6% year over year, while gold prices have risen by 77.9%, driven by strong safe-haven demand and geopolitical tensions [2] - Silver is currently trading at approximately $99, nearing record highs, and gold is above $4,900, supported by a weak dollar [2] - The demand for solar energy, electronics, and electrification now constitutes over half of global silver demand, contributing to resilient industrial demand and supply deficits [2] Earnings Expectations - Coeur Mining is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 200%, with revenues projected at $668.7 million, up 119% from the previous year [3] - Trends in earnings estimate revisions are closely linked to near-term stock price movements, indicating potential strength in the stock [3]

Company Overview - Ero Copper Corp. (ERO) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [3] Price Performance - Over the past week, ERO shares increased by 0.85%, while the Zacks Mining - Non Ferrous industry rose by 6.2% [5] - In a longer time frame, ERO's monthly price change is 13.52%, compared to the industry's 22.38% [5] - Over the last quarter, ERO shares have risen by 45.24%, and over the past year, they have increased by 120.69% [6] - In contrast, the S&P 500 has moved 2.42% and 14.97% over the same periods [6] Trading Volume - ERO's average 20-day trading volume is 1,554,929 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, three earnings estimates for ERO have been revised upwards, while none have been lowered, boosting the consensus estimate from $1.85 to $2.07 [9] - For the next fiscal year, three estimates have also moved upwards with no downward revisions [9] Conclusion - Given the strong momentum characteristics, positive price performance, and favorable earnings outlook, ERO is positioned as a promising investment opportunity [11]

分组1 - Freeport-McMoRan reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and showing an increase from $0.31 per share a year ago, resulting in an earnings surprise of +67.98% [1] - The company achieved revenues of $5.63 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 8.84%, although this represents a decline from year-ago revenues of $5.72 billion [2] - Freeport-McMoRan shares have increased by approximately 19.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.4% [3] 分组2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Freeport-McMoRan was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The current consensus EPS estimate for the next quarter is $0.48 on revenues of $5.88 billion, and for the current fiscal year, it is $2.32 on revenues of $26.78 billion [7] 分组3 - The Mining - Non Ferrous industry, to which Freeport-McMoRan belongs, is currently ranked in the top 8% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]

Core Viewpoint - Freeport-McMoRan Inc. (FCX) is expected to report its fourth-quarter 2025 results on January 22, with anticipated impacts from higher unit costs and weaker volumes, although favorable copper prices may provide some benefits [1][7]. Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings is 28 cents per share, reflecting a 9.7% year-over-year decline, while revenues are estimated at $5.05 billion, indicating an 11.7% decline year-over-year [2]. - FCX has beaten the Zacks Consensus Estimate for earnings in three of the last four quarters, with an average earnings surprise of 17.1% [3][4]. Factors Influencing Q4 Results - FCX is expected to benefit from favorable copper prices, which remained above $5 per pound in Q4 2025 and gained approximately 18% during the quarter [8]. - The average realized copper price for FCX is estimated at $4.75 per pound, representing a year-over-year increase of 14.5% [10]. - However, lower sales volumes due to the Grasberg mine incident are projected to negatively impact performance, with expected copper sales volumes of 635 million pounds, reflecting a 35% sequential and 36% year-over-year decline [11]. - Higher unit cash costs are also anticipated to affect performance, with an increase in average unit net cash cost per pound of copper from $1.13 to $1.40, marking a 24% rise [12]. Stock Performance and Valuation - FCX shares have increased by 45.7% over the past year, underperforming the Zacks Mining - Non Ferrous industry's 62.4% rise and the S&P 500's 17.3% increase [13]. - The company is currently trading at a forward 12-month earnings multiple of 25.3X, slightly above the peer group average of 25.02X [15]. Investment Thesis - FCX is well-positioned with high-quality copper assets and is focused on strong execution and organic growth opportunities, supported by robust financial health and substantial cash flows [16]. - The company is expected to benefit from progress in exploration activities that will enhance production capacity [16]. - Despite the positives, challenges from higher costs and weaker sales volume outlook due to the Grasberg mine incident warrant caution [19].

Core Insights - Freeport-McMoRan Inc. (FCX) is focused on strong execution and advancing its organic growth initiatives, with expansion projects aimed at increasing production capacity supported by a robust financial position [1] Expansion Projects - FCX has completed the evaluation of a large-scale expansion at El Abra in Chile, identifying a sulfide resource that could support a major mill project with an estimated 20 billion recoverable pounds of copper [2] - Pre-feasibility studies are underway in the Safford/Lone Star operations in Arizona, expected to be completed in 2026, to define a significant sulfide expansion opportunity [3] - Expansion opportunities at Bagdad in Arizona aim to more than double the concentrator capacity of the operation [3] - PT Freeport Indonesia has substantially completed the construction of a new greenfield smelter in Eastern Java, with operations starting in Q2 2025 and the first copper anode production achieved in July 2025 [4] Growth Pipeline and Market Position - FCX's organic growth pipeline is designed to expand capacity and output, positioning the company to benefit from future demand growth and strengthen shareholder value [5] - Estimates for FCX's earnings in 2025 and 2026 imply year-over-year rises of 4.7% and 48.1%, respectively, with EPS estimates trending higher over the past 60 days [12][9] Industry Comparison - Among peers, Southern Copper Corporation (SCCO) has a strong pipeline of copper projects with a capital investment program exceeding $15 billion, primarily in Peru [6] - BHP Group Limited (BHP) is reshaping its portfolio towards commodities like copper, allocating nearly 70% of its medium-term capital expenditure to these areas, which positions it to benefit from decarbonization and rising living standards [7] Stock Performance - FCX shares have increased by 29.9% in the past six months, compared to the Zacks Mining - Non Ferrous industry's growth of 63.9% [8] - FCX is currently trading at a forward 12-month earnings multiple of 25.32, a modest 1.2% premium to the industry average of 25.02X, and carries a Value Score of B [13]

Core Viewpoint - Southern Copper (SCCO) has shown strong performance in the market, with significant gains in both stock price and expected earnings, indicating positive investor sentiment and potential growth opportunities. Group 1: Stock Performance - Southern Copper closed at $182.97, reflecting a +1.5% increase from the previous trading session, outperforming the S&P 500's gain of 0.26% [1] - Over the past month, shares of Southern Copper have increased by 27.44%, significantly surpassing the Basic Materials sector's gain of 8.62% and the S&P 500's gain of 1.57% [1] Group 2: Earnings Expectations - The upcoming earnings release is anticipated to show an EPS of $1.44, representing a 42.57% increase from the same quarter last year, with expected revenue of $3.62 billion, indicating a 30.11% rise [2] - For the entire year, earnings are forecasted at $5.3 per share and revenue at $13.17 billion, reflecting a +22.4% change in earnings and no change in revenue compared to the previous year [3] Group 3: Analyst Estimates and Rankings - Recent modifications to analyst estimates for Southern Copper suggest a positive outlook for near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system currently rates Southern Copper at 3 (Hold), with a consensus EPS projection that has increased by 1.83% in the past 30 days [6] Group 4: Valuation Metrics - Southern Copper has a Forward P/E ratio of 28.85, which is higher than the industry average Forward P/E of 27.92, indicating a premium valuation [7] - The company has a PEG ratio of 1.51, compared to the Mining - Non Ferrous industry average PEG ratio of 0.74, suggesting that Southern Copper's projected earnings growth is being factored into its valuation [7] Group 5: Industry Context - The Mining - Non Ferrous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 20, placing it in the top 9% of over 250 industries, indicating strong performance relative to peers [8]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Southern Copper (SCCO) - Southern Copper currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, SCCO shares have increased by 14.68%, outperforming the Zacks Mining - Non Ferrous industry, which rose by 8.87% [6] - In a longer timeframe, SCCO's shares have appreciated by 35.89% over the past quarter and 82.89% over the last year, significantly surpassing the S&P 500's gains of 4.96% and 20.67%, respectively [7] Trading Volume - The average 20-day trading volume for SCCO is 1,353,884 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for SCCO have been revised upwards, increasing the consensus estimate from $5.15 to $5.27 [10] - For the next fiscal year, three estimates have also moved higher, with no downward revisions noted [10] Conclusion - Given the positive momentum indicators and earnings outlook, SCCO is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]

Company Overview - Southern Copper (SCCO) shares increased by 6.2% to close at $170.52, with notable trading volume compared to typical sessions, and an overall gain of 8.8% over the past four weeks [1] Copper Market Dynamics - Copper prices have risen by 39.2% over the past year, currently trading near a record high of $6 per pound, driven by tightening supply concerns and expectations of rate cuts and policy easing in China [2] Earnings Expectations - Southern Copper is projected to report quarterly earnings of $1.46 per share, reflecting a year-over-year increase of 44.6%, with revenues expected to reach $3.62 billion, up 30.1% from the previous year [3] - The consensus EPS estimate for Southern Copper has been revised 17.2% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - Southern Copper is part of the Zacks Mining - Non Ferrous industry, which includes First Quantum Minerals (FQVLF), whose shares rose by 4.2% to $28.52, with an 11.5% return over the past month [5]