Southern Copper is trading 5.32% down at $188.54 on October 22, 2026, as investors focus on lower copper production despite record third-quarter results. - Copper production fell 1.1% sequentially; output at its Peruvian mines declined 6.1%, attributed to lower ore grades. - The earnings release beat earnings and sales expectations but prompted a reported “sell the news” reaction. - A broader risk-off session may add pressure; no volume data is available here.