
Southern Copper: A 100-Bagger Built on Low Costs and Strong Assets
🏆 Southern Copper stands out as a 100-bagger over the last 25 years, showcasing long-term success in the mining sector.
💰 Key success factors include spectacular, low-cost assets like the Buena Vista mine (a top 5 global copper mine) enabling industry-leading cost efficiency.
🔒 The stock trades at a premium, reflecting its quality, but has a very small free float as the majority is controlled by Grupo México, impacting liquidity and ownership structure.