“The stock closed at US$159.81 after an 11.5% decline over 7 days and a 15.0% decline over 30 days, coinciding with substantial sell-offs in mining sectors, particularly Freeport-McMoRan and Southern Copper, which saw drops exceeding -4% and -8% respectively, alongside decreases in gold, silver, and copper prices.”

“Revenue growth estimates suggest a strong upward trend, projecting a quarterly revenue of $3.87 billion and annual revenue of $14.56 billion, with anticipated EPS growth of nearly 58%.”

“Significant risks around tariffs and higher operating costs threaten projected growth in copper output from major projects, compounded by a decrease in copper prices, which signals slowing economic growth.”

“Investor sentiment appears to be bearish, as falling mining stock prices contrast sharply with previous bullish narratives around strength in individual holdings and fair value estimates.”