Bullish Case: SCCO's expansion in Chile suggests strong fundamentals. Institutional buying, such as by Kestra, and insider transactions point towards underlying strength.


Bearish Case: Insider sales, a high P/B ratio, institutional selling, and uncertainty in the copper market contribute to a bearish outlook for SCCO.


Potential Outcomes: 60% chance of moderate price stabilization; 25% chance of decline due to dividend concerns and institutional selling; 15% chance of price rise on Chilean project expansion.


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April 16, 2024


Southern Copper Forecast

SCCO        Southern Copper
Price Forecast: BULLISH    Price Action: RANDOM (?)











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