Copper Miner Ideas: Southern Copper Target Reached, Freeport McMoran Stop-loss Breached

Research Notes October 2025 > https://www.unum.capital/post/roct2025

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za

Southern Copper (SCCO): Target reached at $132.00

Freeport McMoran (FCX) stop-loss breached at $36.40

---

04 September: Copper Miners ETF Now Running +23%. Here are 2 Stocks Setting Up

Freeport McMoran (FCX) - Listed on NYSE (Chart as of 10:34am, Thursday 04 Sept)

Southern Copper Co. (SCCO) - Listed on NYSE (Chart as of 10:37am, Thursday 04 Sept)

---

Previous Post (28 May): Diversified Exposure To Copper Miners? Consider This ETF

Global X Copper Miners (COPX) is the first ETF option for a pure-play copper exposure in the equity space.

The fund gets this exposure by tracking a market-cap-weighted index that offers broad equity exposure to the global copper mining industry. Although technically a global fund, it has a strong North American exposure. The fund ranks companies according to their average daily trading volume with respect to its exchange over three months. The highest ranked funds are included in the index. The index is rebalanced semi-annually.

Lester Davids

Senior Investment Analyst: Unum Capital