According to Zen Score, the 3 best copper mining stocks to buy right now are:
1. ERO COPPER (NYSE:ERO)
ERO COPPER (NYSE:ERO) is the top copper stock with a Zen Score of 62, which is 23 points higher than the copper industry average of 39. It passed 21 out of 33 due diligence checks and has strong fundamentals.
ERO COPPER has an average 1 year
price target of $19.99, an upside of 62.13% from ERO COPPER's current stock price of $12.33.
ERO COPPER stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering ERO COPPER, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. SOUTHERN COPPER (NYSE:SCCO)
SOUTHERN COPPER (NYSE:SCCO) is the second best copper stock with a Zen Score of 52, which is 13 points higher than the copper industry average of 39. It passed 19 out of 38 due diligence checks and has strong fundamentals. SOUTHERN COPPER has seen its stock lose -10.29% over the past year, underperforming other copper stocks by -9 percentage points.
SOUTHERN COPPER has an average 1 year
price target of $62.17, an upside of 1.83% from SOUTHERN COPPER's current stock price of $61.05.
SOUTHERN COPPER stock has a consensus 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, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.
3. FREEPORT-MCMORAN (NYSE:FCX)
FREEPORT-MCMORAN (NYSE:FCX) is the third best copper stock with a Zen Score of 38, which is -1 points lower than the copper industry average of 39. It passed 15 out of 38 due diligence checks and has average fundamentals. FREEPORT-MCMORAN has seen its stock lose -9.84% over the past year, underperforming other copper stocks by -8 percentage points.
FREEPORT-MCMORAN has an average 1 year
price target of $46.22, an upside of 23.32% from FREEPORT-MCMORAN's current stock price of $37.48.
FREEPORT-MCMORAN stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering FREEPORT-MCMORAN, 11.11% have issued a Strong Buy rating, 33.33% have issued a Buy, 44.44% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.