<b>Southern Copper Director Sells $20,000 in Stock Amid Overvaluation Concerns

Luis Miguel Palomino Bonilla, a director at Southern Copper Corp. (), sold shares of the company's common stock on September 24, 2026. The transaction involved the sale of 100 shares at a price of $200 per share, totaling $20,000. Following this transaction, Mr. Palomino Bonilla directly holds 1,503 shares of Southern Copper common stock.

The insider sale comes as Southern Copper shares have surged 82% over the past year, currently trading at $204. However, according to InvestingPro analysis, the stock appears overvalued relative to its Fair Value estimate, placing it among the most overvalued stocks tracked by the platform.

In other recent news, Southern Copper Corp. reported second-quarter 2026 earnings that exceeded Wall Street expectations. The company posted adjusted earnings of $2.01 per share, surpassing the forecasted $1.95, with revenue reaching $4.29 billion, slightly above the anticipated $4.27 billion.