Stock Track | Southern Copper Soars 5.93% in Pre-market on China Stockpiling News and Strong Earnings

Stock Track02-03 22:35

Southern Copper Corp's stock surged 5.93% in pre-market trading on Tuesday, significantly outperforming the broader market.

The sharp rise in Southern Copper and other copper miners followed news that China plans to boost its stockpiles of copper, a key industrial metal. This development, coupled with rekindled risk sentiment among global investors, drove benchmark copper prices higher by 3.4%.

The positive market reaction also comes on the heels of the company's recently released full-year 2025 results, which set new company records for net sales, adjusted EBITDA, and net income, providing a solid fundamental backdrop for the stock.

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