---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43302361.md"
description: "$Southern Copper(SCCO.US), $Freeport Mcmoran(FCX.US), and $Global X Copper Miners(COPX.US) all saw slight gains, with very similar magnitudes. Copper prices rose by +11.63% this week, but mining stocks only followed with a gain of two to three percentage points 😳 This round of copper price increases is driven more by interest rate cut pricing expectations after the non-farm payroll data, rather than a genuine recovery in terminal demand — mining companies' cash flows are sensitive to copper prices, and stock prices are currently discounting this logic significantly. The RSI for $Freeport Mcmoran(FCX.US) has already reached 71.5; if copper prices do not receive new upward momentum, a pullback from this level is likely."
datetime: "2026-08-10T09:47:18.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43302361.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43302361.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43302361.md)
author: "[特大肠粉](https://longbridge.com/en/profiles/27514705.md)"
---

# $Southern Copper(SCCO.US), $Freeport Mcmoran(FCX.U…


### Related Stocks

- [FCX.US](https://longbridge.com/en/quote/FCX.US.md)
- [SCCO.US](https://longbridge.com/en/quote/SCCO.US.md)
- [COPX.US](https://longbridge.com/en/quote/COPX.US.md)