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 +19.88% per year.
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The Component Grade breakdown for Ero Copper (NYSE:ERO) is: Value: B, Growth: C, Momentum: A, Sentiment: D, Safety: C, Financials: C, and AI: C.
Ero Copper (NYSE:ERO) has a Due Diligence Score of 59, which is 19 points higher than the copper industry average of 40.
ERO passed 19 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock return 76.34% over the past year, overperforming other copper stocks by 33 percentage points.
Ero Copper has an average 1 year
price target of $25.00, a downside of -1.07% from Ero Copper's current stock price of $25.27.
Ero Copper stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ero Copper, 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.
2. Southern Copper (NYSE:SCCO)
The Component Grade breakdown for Southern Copper (NYSE:SCCO) is: Value: C, Growth: C, Momentum: A, Sentiment: C, Safety: C, Financials: A, and AI: C.
Southern Copper (NYSE:SCCO) has a Due Diligence Score of 48, which is 8 points higher than the copper industry average of 40.
SCCO passed 18 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock return 40.26% over the past year, underperforming other copper stocks by -3 percentage points.
Southern Copper has an average 1 year
price target of $127.81, a downside of -10.25% from Southern Copper's current stock price of $142.41.
Southern Copper stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Southern Copper, 12.5% have issued a Strong Buy rating, 0% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 25% 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 39, which is -1 points lower than the copper industry average of 40.
HBM passed 16 out of 38 due diligence checks and has average fundamentals. Hudbay Minerals has seen its stock return 104.15% over the past year, overperforming other copper stocks by 61 percentage points.
Hudbay Minerals has an average 1 year
price target of $19.50, an upside of 4.39% from Hudbay Minerals's current stock price of $18.68.
Hudbay Minerals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.