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Southern Copper Corporation
Southern Copper Corporation (NYSE: SCCO) is an integrated mining company focused on producing copper and other metals such as molybdenum, silver, and zinc, with operations primarily in Peru and Mexico. Its business includes open-pit and underground mining, along with smelting and refining facilities, supported by exploration activities across Latin America.
As per our previous US Dividend Income Report published on ‘SCCO’ on March 25, 2026, we provided a ‘Buy’ stance on the stock at USD 159.88 based on “price action, fundamental analysis, valuation, and other rationales” and the stock price has now moved up by ~12.38% since then and has attained resistance 1 and moving towards resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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