Why Is Southern Copper (SCCO) Down 5.6% Since Last Earnings Report?

Core Viewpoint - Southern Copper has experienced a decline of approximately 5.6% in share price over the past month, although it has outperformed the S&P 500 during this period [1] Group 1: Earnings Report and Market Reaction - The last earnings report for Southern Copper was released about a month ago, prompting discussions on whether the negative trend will continue or if a breakout is imminent [1] - Analysts have not made any earnings estimate revisions in the last two months, indicating a period of stability in expectations [2] Group 2: VGM Scores and Investment Strategy - Southern Copper holds a Growth Score of B and a Momentum Score of B, reflecting positive growth and momentum characteristics [3] - The stock has a Value Score of D, placing it in the bottom 40% for value investment strategy, which may deter value-focused investors [3] - The overall aggregate VGM Score for Southern Copper is B, suggesting a balanced investment appeal for those not focused on a single strategy [3] Group 3: Outlook and Recommendations - Southern Copper is rated with a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the upcoming months [4]