Southern Copper (SCCO) Exceeds Market Returns: Some Facts to Consider

Southern Copper (SCCO) closed at $204.26, outperforming the S&P 500 with a +1.31% daily gain. The stock has gained 3.31% over the past month, trailing the Basic Materials sector's 12.62% gain. Analysts expect strong earnings growth with EPS projected at $1.81 (up 34.07% YoY) and revenue of $4.13 billion (up 22.39% YoY). However, SCCO carries a Zacks Rank #3 (Hold) with a Forward P/E of 26.5, trading at a premium to its industry average.