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Commodities

Southern Copper Director Sells Shares Amid Overvaluation Concerns

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Copper
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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.

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