Southern Copper Director Sells Shares Amid Overvaluation Concerns
Luis Miguel Palomino Bonilla, a director at Southern Copper Corp. (SOUQ), recently sold $20,000 worth of shares in the company.
The transaction occurred on September 24, 2026, when Mr. Palomino Bonilla sold 100 shares at a price of $200 per share.
This sale comes as Southern Copper's stock has seen significant growth, increasing by 82% over the past year and currently trading at $204 per share.
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.