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Southern Copper posts record Q2 earnings despite mixed analyst ratings and declares dividends.

Company Fundamentals
11 Aug 2026
Danny Green
View Source
Bullish
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Southern Copper Corporation reported record Q2 2026 revenue of $4.29 billion and net income of $1.67 billion, driven by higher metal prices despite lower copper sales volumes. The company declared a quarterly cash dividend of $1.10 per share and a small stock dividend, rewarding shareholders. Analyst sentiment remains mixed and cautious, with ratings ranging from strong buy to sell and an average price target of $148.60. Southern Copper's growth outlook is supported by demand in green energy and infrastructure, but investors should watch commodity price volatility and production risks.

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