According to Zen Score, the 3 best copper mining stocks to buy right now are:
1. Southern Copper (NYSE:SCCO)
Southern Copper (NYSE:SCCO) is the top copper stock with a Zen Score of 46, which is 13 points higher than the copper industry average of 33. It passed 17 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock return 17.88% over the past year, overperforming other copper stocks by 12 percentage points.
Southern Copper has an average 1 year
price target of $71.50, a downside of -0.6% from Southern Copper's current stock price of $71.93.
Southern Copper stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Southern Copper, 0% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 66.67% have issued a Strong Sell.
2. Ero Copper (NYSE:ERO)
Ero Copper (NYSE:ERO) is the second best copper stock with a Zen Score of 41, which is 8 points higher than the copper industry average of 33. It passed 13 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock lose -2.45% over the past year, underperforming other copper stocks by -8 percentage points.
Ero Copper has an average 1 year
price target of $24.00, an upside of 94.65% from Ero Copper's current stock price of $12.33.
Ero Copper stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ero Copper, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ivanhoe Electric (NYSEMKT:IE)
Ivanhoe Electric (NYSEMKT:IE) is the third best copper stock with a Zen Score of 39, which is 6 points higher than the copper industry average of 33. It passed 12 out of 33 due diligence checks and has average fundamentals. Ivanhoe Electric has seen its stock return 7.88% over the past year, overperforming other copper stocks by 2 percentage points.
Ivanhoe Electric has an average 1 year
price target of $19.00, an upside of 67.25% from Ivanhoe Electric's current stock price of $11.36.
Ivanhoe Electric stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ivanhoe Electric, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.