Does Southern Copper’s Surging Stock Price Signal Opportunity After 39.5% Year-to-Date Jump?
Thinking about what to do with Southern Copper’s stock right now? You are definitely not alone. Whether you are a longtime investor enjoying striking returns over the past few years, or someone just tuning in, there has been a lot to consider lately. The share price has powered higher, up 39.5% year-to-date and boasting a huge 240.7% gain over the past five years. The last month alone saw a 22.5% jump, though things took a minor dip of -2.5% over the past week. These swings track with recent shifts in copper demand and broader optimism swirling around infrastructure and renewable energy spending worldwide, giving Southern Copper a clear runway for attention.
On the face of it, Southern Copper looks like a growth story built to last….