Investors interested in Mining - Non Ferrous stocks are likely familiar with Freeport-McMoRan (FCX) and Southern Copper (SCCO). But which of these two stocks is more attractive to value investors?

Southern Copper's revenue accelerated roughly 68% from $2.8B in Q4 2024 to $4.7B in Q3 2026, with gross margin expanding 1,780 bps to 66.0% and net margin reaching 38.4%, suggesting best-in-quartile cost curve positioning amplified by copper price momentum.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue grew to $4.7B in Q3 2026 (39.1% YoY) with gross margin expanding to 66.0% and operating margin reaching 59.9%, driven by sub-1% SG&A intensity ($36.4M) creating exceptional operating leverage.
A bullish thesis on Southern Copper Corporation was highlighted on X.com by @TheValueist, indicating positive sentiment among analysts.
SCCO's trailing and forward P/E ratios of 37.65 and 34.84 respectively suggest robust earnings potential and investor confidence.
The mention of institutional ownership analysis implies significant interest from large investors, supporting the bull case.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 21, 2026 | $2.15+8.0% vs $1.99 | $4.7B+4.6% vs $4.5B |
Q3 2026 Jul 21, 2026 | $2.01+3.6% vs $1.94 | $4.3B+0.3% vs $4.3B |
Q2 2026 Apr 28, 2026 | $1.86+4.5% vs $1.78 | $4.3B+1.1% vs $4.2B |
Q1 2026 Jan 27, 2026 | $1.54+2.7% vs $1.50 | $3.9B+4.3% vs $3.7B |
Investors interested in Mining - Non Ferrous stocks are likely familiar with Freeport-McMoRan (FCX) and Southern Copper (SCCO). But which of these two stocks is more attractive to value investors?

Net cash cost per pound fell 98% to $0.01 in 2026. Tia Maria and El Pilar will add 156,000 tons of copper.
CFC Planning Co LLC grew its position in Southern Copper Corporation (NYSE: SCCO) by 14.0% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,691 shares of the basic materials company's stock after acquiring an additional 5,846 shares during
Despite the Zacks Mining - Non Ferrous industry's weak near-term outlook, stocks like SCCO, FCX, FQVLF, LUNMF and LEU are worth keeping an eye on given their growth potential.

Benchmark SCCO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Southern Copper Corporation (SCCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $167.27 | $142.73B | 22.04 | 17.38% | 37.19% | 51.65% | 1.77% | |
| $59.42 | $85.42B | 24.87 | 1.12% | 13.03% | 10.76% | 1.01% | |
| $60.46 | $29.2B | 11.03 | 18.56% | 25.19% | 13.61% | 0.58% | |
| $20.91 | $9.29B | 12.46 | 9.39% | 27.12% | 17.33% | 0.07% | |
| $120.91 | $127.4B | 13.75 | 22.16% | 35.05% | 26.32% | 0.83% | |
| $79.89 | $202.95B | 20.70 | 14.63% | — | — | 3.32% |
Southern Copper Corporation (SCCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Southern Copper Corporation (SCCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 21, 2026·SEC
Jul 22, 2026·SEC
Jul 17, 2026·SEC
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Southern Copper Corporation (SCCO) stock FAQ — growth, dividends, profitability & financials explained
Southern Copper Corporation (SCCO) reported $17.11B in revenue over the trailing twelve months. Revenue was $13.42B in fiscal year 2025. That is 1682% more than the $753.0M of fiscal year 1996.
Southern Copper Corporation (SCCO) grew revenue by 38.7% over the trailing twelve months, compared with the twelve months before.
Yes. Southern Copper Corporation (SCCO) earned $6.36B in net income over the trailing twelve months (a 37.2% net margin).
Yes. Southern Copper Corporation (SCCO) pays a dividend that yields 1.77% at the current price, a moderate yield.
Southern Copper Corporation (SCCO) had a return on equity (ROE) of 51.6% over the trailing twelve months. That is well above the market's typical 10-15%.
Southern Copper Corporation (SCCO) generated $6.46B in free cash flow over the trailing twelve months.