Southern Copper Corporation (Ticker: SCCO) is a leading mining company that specializes in the exploration, development, and production of copper and other minerals. The company operates mines in Peru, Mexico, and Chile, and is known for its strong commitment to sustainable mining practices and community engagement. Southern Copper Corporation plays a vital role in meeting global demand for copper, a crucial metal used in various industries, including construction, electronics, and renewable energy.

In terms of technical analysis, the stock of Southern Copper Corporation is currently rallying towards the first target of 110. This indicates a significant upward movement in the stock price, suggesting a bullish trend in the market. The higher trend suggests that buying interest is outweighing selling pressure, leading to price appreciation.

However, reaching the target of 110 may result in some digestion or consolidation as it is a logical level for the stock to pause and potentially reevaluate its next move. Investors and traders should closely monitor the stock for any potential continuation or reversal signals at this level.