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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Southern Copper exceeded analyst expectations for Q2 2026, reporting record sales of $4.30 billion, a 41% increase driven by strong metal prices. Adjusted EBITDA rose 60% to a record $2.96 billion, pushing margins to 67% and driving a rally in the company's stock price. While copper production and sales volumes declined, higher metal prices offset the impact, leading to record profits and cash flow. Additionally, company director Palomino Bonilla Luis Miguel sold 100 shares at $179.00 during this period.