Southern Copper vs Freeport-McMoRan
This page compares Southern Copper Corp. and Freeport-McMoRan Inc., examining their business models, financial performance, and market context to help readers understand their roles and prospects in the metals sector. The comparison remains neutral, accessible, and free of promotion. Educational content, not financial advice.
This page compares Southern Copper Corp. and Freeport-McMoRan Inc., examining their business models, financial performance, and market context to help readers understand their roles and prospects in t...
Why It's Moving
Southern Copper Surges on Analyst Upgrades and Copper Supply Squeeze Hype
- Wells Fargo boosted its price target to $182, citing improved copper pricing from supply scarcity and surging demand.
- Stock rallied 4.93% for the Jan 19-23 week, breaking out of consolidation around $185 with bullish technical signals.
- Dividend announcement on Jan 22 underscores financial strength, bolstering appeal amid optimistic sector comeback narrative.
FCX Beats Q4 Expectations Despite Grasberg Halt, Eyes 2026 Restart Amid Copper Rally
- Q4 EPS hit $0.47 versus $0.28 expected, driven by higher realized prices offsetting lower volumes from Indonesia's Grasberg mud rush disruption.
- Plans for Grasberg restart in H2 2026 targeting 85% production capacity, with ongoing mud removal and infrastructure repairs on track.
- HSBC hiked price target to $69 with a buy rating, while dividend adjusted lower to $0.075 quarterly amid cautious sales outlook.
Southern Copper Surges on Analyst Upgrades and Copper Supply Squeeze Hype
- Wells Fargo boosted its price target to $182, citing improved copper pricing from supply scarcity and surging demand.
- Stock rallied 4.93% for the Jan 19-23 week, breaking out of consolidation around $185 with bullish technical signals.
- Dividend announcement on Jan 22 underscores financial strength, bolstering appeal amid optimistic sector comeback narrative.
FCX Beats Q4 Expectations Despite Grasberg Halt, Eyes 2026 Restart Amid Copper Rally
- Q4 EPS hit $0.47 versus $0.28 expected, driven by higher realized prices offsetting lower volumes from Indonesia's Grasberg mud rush disruption.
- Plans for Grasberg restart in H2 2026 targeting 85% production capacity, with ongoing mud removal and infrastructure repairs on track.
- HSBC hiked price target to $69 with a buy rating, while dividend adjusted lower to $0.075 quarterly amid cautious sales outlook.
Investment Analysis
Southern Copper
SCCO
Pros
- Southern Copper reported strong Q3 2025 revenue growth, surpassing estimates and showing resilience in a challenging market.
- The company maintains a high dividend yield, projected at 6.4% for 2025, making it attractive for income-focused investors.
- Southern Copper benefits from robust production growth in zinc and silver, diversifying its revenue streams beyond copper.
Considerations
- Copper production declined slightly year-on-year, reflecting operational challenges and potential supply constraints.
- Analysts forecast a negative average price target for the stock, suggesting limited near-term upside and possible downside risk.
- The company faces headwinds from global trade tensions and potential tariffs on US copper imports, impacting future demand.
Pros
- Freeport-McMoRan holds a leading position in global copper mining, with significant stakes in major operations like Grasberg in Indonesia.
- The company benefits from a diversified asset base across North America, reducing reliance on any single region or commodity.
- Freeport-McMoRan has demonstrated strong operational efficiency and cost management in recent quarters.
Considerations
- Freeport-McMoRan's stock has underperformed over the past year, with a notable decline compared to sector peers.
- The company is exposed to geopolitical risks in key mining regions, which could disrupt operations and impact profitability.
- Freeport-McMoRan faces ongoing challenges related to environmental regulations and community relations at its mining sites.
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Southern Copper (SCCO) Next Earnings Date
Southern Copper Corp (SCCO) is estimated to report its next earnings on February 11, 2026, covering the fourth quarter of 2025. This date is projected based on the company's historical reporting patterns, as no official confirmation has been announced yet. Investors should monitor for updates, as estimates can shift closer to the release.
Freeport-McMoRan (FCX) Next Earnings Date
Freeport-McMoRan (FCX) reported its Q4 2025 earnings on January 22, 2026, which has already occurred as of today. The next earnings release, covering Q1 2026, is scheduled for approximately April 23, 2026, consistent with the company's historical late-April pattern for first-quarter results. Investors should monitor official channels for any updates to this projected date.
Southern Copper (SCCO) Next Earnings Date
Southern Copper Corp (SCCO) is estimated to report its next earnings on February 11, 2026, covering the fourth quarter of 2025. This date is projected based on the company's historical reporting patterns, as no official confirmation has been announced yet. Investors should monitor for updates, as estimates can shift closer to the release.
Freeport-McMoRan (FCX) Next Earnings Date
Freeport-McMoRan (FCX) reported its Q4 2025 earnings on January 22, 2026, which has already occurred as of today. The next earnings release, covering Q1 2026, is scheduled for approximately April 23, 2026, consistent with the company's historical late-April pattern for first-quarter results. Investors should monitor official channels for any updates to this projected date.
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Explore BasketWhich Baskets Do They Appear In?
America's Copper Advantage: Tariffs Reshape The Market
The U.S. has imposed a 50% tariff on certain copper imports, causing market volatility and creating a potential advantage for domestic producers. This theme focuses on U.S.-based copper fabricators and refiners who stand to benefit from these protectionist measures.
Published: July 31, 2025
Explore BasketElectrification Essentials
Power up your portfolio with companies that form the backbone of our electric future. These carefully selected stocks represent firms providing the indispensable materials and infrastructure needed for the global energy transition.
Published: June 17, 2025
Explore BasketResource Nationalism Portfolio
This carefully selected collection features companies with strategic control over essential, finite resources in politically stable regions. As global demand for critical materials grows, these stocks offer a powerful defense against international supply chain disruptions.
Published: June 17, 2025
Explore BasketBuy SCCO or FCX in Nemo
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