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 59, which is 17 points higher than the copper industry average of 42. It passed 19 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock return 28.65% over the past year, overperforming other copper stocks by 13 percentage points.
Ero Copper has an average 1 year
price target of $15.54, a downside of -3.04% from Ero Copper's current stock price of $16.03.
Ero Copper stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Ero Copper, 66.67% have issued a Strong Buy rating, 22.22% have issued a Buy, 11.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Freeport Mcmoran (NYSE:FCX)
Freeport Mcmoran (NYSE:FCX) is the second best copper stock with a Zen Score of 36, which is -6 points lower than the copper industry average of 42. It passed 14 out of 38 due diligence checks and has average fundamentals. Freeport Mcmoran has seen its stock return 18.27% over the past year, overperforming other copper stocks by 3 percentage points.
Freeport Mcmoran has an average 1 year
price target of $39.67, a downside of -12.72% from Freeport Mcmoran's current stock price of $45.45.
Freeport Mcmoran stock has a consensus Hold recommendation according to Wall Street analysts. Of the 13 analysts covering Freeport Mcmoran, 15.38% have issued a Strong Buy rating, 7.69% have issued a Buy, 69.23% have issued a hold, while 0% have issued a Sell rating, and 7.69% have issued a Strong Sell.
3. Hudbay Minerals (NYSE:HBM)
Hudbay Minerals (NYSE:HBM) is the third best copper stock with a Zen Score of 36, which is -6 points lower than the copper industry average of 42. It passed 14 out of 38 due diligence checks and has average fundamentals. Hudbay Minerals has seen its stock lose -22.46% over the past year, underperforming other copper stocks by -38 percentage points.
Hudbay Minerals has an average 1 year
price target of $7.39, an upside of 28.92% from Hudbay Minerals's current stock price of $5.73.
Hudbay Minerals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Hudbay Minerals, 45.45% have issued a Strong Buy rating, 36.36% have issued a Buy, 18.18% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.