Valued at a market cap of $88.2 billion, Southern Copper (SCCO) is among the largest mining stocks globally. It is engaged in the development, production, and exploration of industrial and base metals, such as copper (HGK24), zinc, and silver (SIK24).
Shares of the mining giant have surged 34% in 2024 due to rising copper prices. The recent rally means Southern Copper stock has returned close to 250% to shareholders in the last five years, after adjusting for dividends.
