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. Ero Copper (NYSE:ERO)
Ero Copper (NYSE:ERO) is the #1 top copper stock out of 6 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Ero Copper (NYSE:ERO) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: B, and AI: C.
Ero Copper (NYSE:ERO) has a Due Diligence Score of 40, which is -1 points lower than the copper industry average of 41. Although this number is below the industry average, our proven quant model rates ERO as a "B".
ERO passed 13 out of 33 due diligence checks and has average fundamentals. Ero Copper has seen its stock return 149.16% over the past year, overperforming other copper stocks by 48 percentage points.
Ero Copper has an average 1 year
price target of $35.67, an upside of 3.96% from Ero Copper's current stock price of $34.31.
Ero Copper stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ero Copper, 66.67% 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 0% have issued a Strong Sell.
2. Trekor Metals (NYSEMKT:TGB)
The Component Grade breakdown for Trekor Metals (NYSEMKT:TGB) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: D, Financials: C, and AI: C.
Trekor Metals (NYSEMKT:TGB) has a Due Diligence Score of 25, which is -16 points lower than the copper industry average of 41. Although this number is below the industry average, our proven quant model rates TGB as a "B".
TGB passed 8 out of 33 due diligence checks and has weak fundamentals. Trekor Metals has seen its stock return 167.52% over the past year, overperforming other copper stocks by 67 percentage points.
Trekor Metals has an average 1 year
price target of $14.00, an upside of 68.27% from Trekor Metals's current stock price of $8.32.
Trekor Metals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Trekor Metals, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Hudbay Minerals (NYSE:HBM)
The Component Grade breakdown for Hudbay Minerals (NYSE:HBM) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Hudbay Minerals (NYSE:HBM) has a Due Diligence Score of 44, which is 3 points higher than the copper industry average of 41.
HBM passed 16 out of 38 due diligence checks and has strong fundamentals. Hudbay Minerals has seen its stock return 194.35% over the past year, overperforming other copper stocks by 94 percentage points.
Hudbay Minerals has an average 1 year
price target of $31.33, an upside of 13.48% from Hudbay Minerals's current stock price of $27.61.
Hudbay Minerals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Hudbay Minerals, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.