According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best copper mining stocks to buy right now are:
1. Hudbay Minerals (NYSE:HBM)
The Component Grade breakdown for Hudbay Minerals (NYSE:HBM) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Hudbay Minerals (NYSE:HBM) has a Due Diligence Score of 41, which is 5 points higher than the copper industry average of 36.
HBM passed 16 out of 38 due diligence checks and has strong fundamentals. Hudbay Minerals has seen its stock return 38.48% over the past year, overperforming other copper stocks by 44 percentage points.
2. Freeport Mcmoran (NYSE:FCX)
The Component Grade breakdown for Freeport Mcmoran (NYSE:FCX) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Freeport Mcmoran (NYSE:FCX) has a Due Diligence Score of 49, which is 13 points higher than the copper industry average of 36.
FCX passed 18 out of 38 due diligence checks and has strong fundamentals. Freeport Mcmoran has seen its stock lose -5.65% over the past year.
Freeport Mcmoran has an average 1 year
price target of $50.17, an upside of 20.16% from Freeport Mcmoran's current stock price of $41.75.
Freeport Mcmoran stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Freeport Mcmoran, 41.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ero Copper (NYSE:ERO)
Ero Copper (NYSE:ERO) is the #3 top copper stock out of 7 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Ero Copper (NYSE:ERO) is: Value: A, Growth: C, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: C.
Ero Copper (NYSE:ERO) has a Due Diligence Score of 50, which is 14 points higher than the copper industry average of 36.
ERO passed 16 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock lose -30.79% over the past year, underperforming other copper stocks by -25 percentage points.