Ratings by Scotiabank (Alfonso Salazar)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 6/15/2026 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 6/15/2026 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 5/27/2026 | Vale S.A. | VALE | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 5/15/2026 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 4/23/2026 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 3/26/2026 | Ternium S.A. | TX | Downgrade | Sector Perform (Sector Outperform) |
39.57 (44.83) |
13.29% | Details | |
| 2/9/2026 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 1/27/2026 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 1/8/2026 | Vale S.A. | VALE | Downgrade | Sector Perform (Sector Outperform) |
14.26 (14.18) |
-0.56% | Details | |
| 9/18/2025 | Vale S.A. | VALE | Upgrade | Sector Outperform (Sector Perform) |
10.88 (14.26) |
31.07% | Details | |
| 9/3/2025 | Ternium S.A. | TX | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 7/22/2025 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 7/17/2025 | Ternium S.A. | TX | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 11/20/2024 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 10/15/2024 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 10/15/2024 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 7/17/2024 | Vale S.A. | VALE | Maintain | Sector Perform (N/A) |
|
Details | ||
| 5/21/2024 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 4/18/2024 | Southern Copper | SCCO | Maintain | Sector Underperform (N/A) |
|
Details | ||
| 6/28/2023 | Vale S.A. | VALE | Downgrade | Sector Perform (Sector Outperform) |
13.91 (10.88) |
-21.78% | Details | |
| 5/18/2023 | Vale S.A. | VALE | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 9/13/2022 | Vale S.A. | VALE | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 12/20/2021 | Ternium S.A. | TX | Upgrade | Sector Outperform (Sector Perform) |
42.39 (39.57) |
-6.65% | Details | |
| 7/12/2021 | Vale S.A. | VALE | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 5/14/2021 | Grupo Simec | SIM | Downgrade | Sector Underperform (Sector Outperform) |
20.05 (29.84) |
48.83% | Details | |
| 5/14/2021 | Ternium S.A. | TX | Downgrade | Sector Perform (Sector Outperform) |
39.63 (44.83) |
13.12% | Details | |
| 1/11/2021 | Southern Copper | SCCO | Maintain | Sector Underperform (Sector Underperform) |
|
Details | ||
| 1/22/2020 | Ternium S.A. | TX | Upgrade | Sector Outperform (Sector Perform) |
22.25 (44.83) |
101.48% | Details | |
| 11/22/2019 | Vale S.A. | VALE | Upgrade | Sector Outperform (Sector Perform) |
11.47 (14.18) |
23.63% | Details | |
| 3/14/2019 | Ternium S.A. | TX | Downgrade | Sector Perform (Sector Outperform) |
28.70 (44.83) |
56.2% | Details | |
| 1/28/2019 | Vale S.A. | VALE | Maintain | Sector Outperform (N/A) |
|
Details | ||
| 8/23/2018 | Ternium S.A. | TX | Maintain | Sector Outperform (N/A) |
|
Details |

