Southern Copper tests USD 20.5 billion pipeline and Southern Copper stock trades at EUR 185.83

Published on 10/12/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 40.60 percent to USD 4.29 billion. Southern Copper stock costs EUR 185.83 on October 12, 2026 versus EUR 184.75.

Key points in brief

Southern Copper is assessing a USD 20.5 billion Peru and Mexico project pipeline against current valuation.
Tia Maria had reached 42.00 percent completion by mid-2026, with USD 693.0 million spent of a planned USD 1.8 billion.
The Lang & Schwarz price was EUR 185.83 on October 12, 2026, 0.58 percent above the Xetra close of October 9, 2026.
MarketBeat reported a 14-analyst consensus Reduce rating and an average USD 156.02 target on October 10, 2026.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper Corporation (ISIN US84265V1052) was trading at EUR 185.83 at Lang & Schwarz on October 12, 2026 at 12:27 p.m. CEST, 0.58 percent above the Xetra close of October 9, 2026 at EUR 184.75. The latest valuation debate centers on the company's more than USD 20.5 billion project pipeline across Peru and Mexico, according to Simply Wall St on October 12, 2026.

Project spending raises the stakes

Simply Wall St reported that Tia Maria had reached 42.00 percent completion by mid-2026, with USD 693.0 million spent against a planned USD 1.8 billion. The milestone shows tangible construction progress, but it also leaves a large capital commitment before the project contributes to copper output or reported revenue.

The same analysis identified cost creep, schedule slippage, community opposition and regulatory delays as execution risks for projects including Tia Maria, Los Chancas and Michiquillay. For investors, the central question is whether future production growth can justify the valuation already assigned to assets still under construction.

What does the latest quarter show?

MarketBeat reported that second-quarter 2026 revenue rose 40.60 percent year over year to USD 4.29 billion, while earnings per share reached USD 1.99 against USD 1.93 consensus. Net income was USD 1.65 billion in the quarter, and the net profit margin was 39.00 percent.

The comparison is strong on revenue and earnings, yet copper mine production fell 3.50 percent in the second quarter, according to Simply Wall St. That split puts more weight on project execution and copper prices than on volume growth alone.

Three dated signals frame SCCO

On July 22, 2026, Southern Copper reported second-quarter revenue of USD 4.29 billion and earnings per share of USD 1.99, according to MarketBeat. On October 10, 2026, the same source reported a consensus Reduce rating from 14 analysts and an average 12-month target of USD 156.02.

On October 12, 2026, Simply Wall St placed the USD 20.5 billion investment pipeline at the center of the valuation discussion. The chronology points to a profitable current business funding a long-dated expansion program, with the market weighing present cash generation against future mine capacity.

Upcoming reporting dates

TickerLandia lists October 22, 2026 as the next quarterly results date. Drillr lists October 27, 2026 for the third-quarter earnings call, creating two near-term checkpoints for production, costs and project progress.

Price holds above the Xetra close

At Lang & Schwarz, Southern Copper was trading at EUR 185.83 on October 12, 2026 at 12:27 p.m. CEST, up 0.58 percent versus the Xetra close of October 9, 2026 at EUR 184.75. The primary NYSE listing closed at USD 209.21 on October 9, 2026, while the 52-week range was USD 115.74 to USD 221.24.

The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.