Copper Prices: SCCO.MX's primary business is copper mining; therefore, fluctuations in global copper prices significantly impact its profitability and stock value.

Production Volumes: The amount of copper Southern Copper Corporation produces directly influences its revenue; higher production typically leads to increased earnings and a positive stock price response.

Operating Costs: Mining operations are capital-intensive; the efficiency and cost-effectiveness of SCCO.MX's mining processes play a vital role in its profitability and, consequently, its stock performance.

Global Economic Growth: Copper demand is closely tied to economic activity, particularly in developing nations; strong global economic growth generally boosts copper demand and prices, benefiting SCCO.MX.

Political and Regulatory Risks: Changes in mining regulations, taxation policies, or political instability in countries where SCCO.MX operates can negatively affect investor confidence and stock valuation.

Exchange Rates: As a multinational corporation, SCCO.MX's earnings are subject to currency fluctuations; a weaker Mexican Peso against the US Dollar can positively impact earnings reported in USD, potentially boosting the stock.

Interest Rates: Higher interest rates can increase borrowing costs for SCCO.MX, impacting profitability and potentially decreasing stock attractiveness to investors.

Investor Sentiment: Overall market sentiment and investor appetite for risk can influence the demand and price of SCCO.MX stock, regardless of fundamental factors.

Company-Specific News: News related to SCCO.MX, such as project expansions, discoveries, labor disputes, or environmental issues, can cause significant price movements.

Dividend Policy: SCCO.MX's dividend payouts can attract income-seeking investors, providing support for the stock price; changes in dividend policy can affect investor perceptions and stock value.