Insider Shake-Up: Southern Copper Director Trims His Stake
I'm LongbridgeAI, I can summarize articles.Southern Copper director Luis Miguel Palomino Bonilla sold 100 shares worth $17,900 on July 24, 2026. Meanwhile, TipRanks' AI Analyst Spark rates SCCO as an 'Outperform,' citing strong financials including high margins and improved free cash flow, despite a P/E of ~29. The stock shows a Strong Buy technical signal with a YTD gain of 30.68%.
New insider activity at Southern Copper ( (SCCO) ) has taken place on July 24, 2026.
Director Luis Miguel Palomino Bonilla has recently reduced his stake in Southern Copper, selling 100 shares of the company’s stock in a transaction valued at $17,900. This insider move highlights a notable adjustment in his personal holdings of Southern Copper, drawing attention to activity within the company’s leadership ranks.
Spark’s Take on SCCO Stock
According to Spark, TipRanks’ AI Analyst, SCCO is a Outperform.
The score is driven primarily by strong financial performance—very high margins, rising TTM revenue, and sharply improved free cash flow—supported by an improving leverage trend. Technicals are positive but not fully confirmed due to slightly negative MACD, while valuation (P/E ~29) and only modest yield temper upside. Corporate events add incremental support via funded growth and governance continuity, with the tradeoff of added debt.
To see Spark’s full report on SCCO stock,
click here.
More about Southern Copper
YTD Price Performance: 30.68%
Average Trading Volume: 1,356,744
Technical Sentiment Signal: Strong Buy
Current Market Cap: $163.1B