Southern Copper Director Sells $87K in Company Stock Amid Strong Yearly Returns

A Southern Copper director has sold a significant amount of company stock.

Luis Miguel Palomino Bonilla, a director at Southern Copper Corp (NYSE:SCCO), executed a sale on August 31, 2026, totaling $87,000. The transaction involved the sale of 400 shares of common stock at a price of $217.5 per share.

This sale is notable given that the current market price for SCCO is lower than the sale price, with a value of $202.28 per share. Despite this, Southern Copper has delivered impressive returns over the past year, boasting a 131% increase in shares.

The director now holds 1,303 shares directly following the transaction.