Southern Copper (SCCO) stock jumps 10% on copper rebound — what traders watch next
Southern Copper shares surged 10.2% to $212.43 Tuesday, outpacing peers as copper prices steadied on reports of Chinese stockpiling. The company announced a $1.00 per share cash dividend and a stock dividend, both payable Feb. 27 to holders of record Feb. 10. CFO Raul Jacob projected a 2026 market deficit and a 4.7% drop in output. Copper traded near $13,283 per ton after hitting a record in January.