• Itau BBA downgraded Southern Copper Corporation (NYSE:SCCO) to "Underperform" despite its strong momentum score of A from Zacks Investment Research.
• The company's stock price has seen a significant increase, currently at $147.18, with a year's trading range between $72.86 and $149.75.
• Southern Copper's market capitalization is approximately $120.3 billion, with a trading volume of 920,961 shares, indicating high investor interest.

Southern Copper Corporation (NYSE:SCCO) is a major player in the mining industry, primarily engaged in the production of copper, molybdenum, zinc, and silver. The company operates in Peru and Mexico, making it one of the largest integrated copper producers globally. Southern Copper competes with other mining giants like Freeport-McMoRan and BHP Group.

On December 22, 2025, Itau BBA downgraded Southern Copper to an "Underperform" rating, with the stock priced at $147.18. Despite this downgrade, Southern Copper is currently recognized as a strong momentum stock. Momentum investing involves leveraging a stock's recent trend, expecting it to continue in the same direction.

Southern Copper has achieved a Momentum Style Score of A, as highlighted by Zacks Investment Research. This score reflects the company's strong performance in momentum investing, driven by significant price changes and revisions in earnings estimates. These factors suggest a promising trajectory for Southern Copper, appealing to momentum investors.

The current stock price of SCCO is $147.18, marking a 2.21% increase or $3.18. Today, the stock has traded between $145.68 and $147.90. Over the past year, SCCO has seen a high of $149.75 and a low of $72.86. The company's market capitalization stands at approximately $120.3 billion.

Today's trading volume for SCCO is 920,961 shares, indicating active investor interest. Despite the recent downgrade, Southern Copper's strong momentum score and current stock performance suggest potential opportunities for investors who follow momentum strategies.