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Southern Copper director sells shares after record Q2 earnings amid copper market volatility

Market News
24 Jul 2026
Stuart Mooney
View Source
Neutral
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A director at Southern Copper Corp sold 100 shares at $179 each shortly after the company reported record Q2 2026 results, including a 41% sales increase to $4.3 billion and a 60% rise in adjusted EBITDA to $2.96 billion. Despite strong earnings driven by high metal prices, the copper market faces challenges like a recent price drop and high global inventories, which may affect future demand and cash flow. The director retains 1,603 shares, signaling continued confidence despite market uncertainties.

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