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. 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 51, which is 11 points higher than the copper industry average of 40.
SCCO passed 19 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock return 58.05% over the past year, underperforming other copper stocks by -7 percentage points.
Southern Copper has an average 1 year
price target of $128.94, a downside of -13.76% from Southern Copper's current stock price of $149.52.
Southern Copper stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Southern Copper, 11.11% have issued a Strong Buy rating, 0% have issued a Buy, 55.56% have issued a hold, while 11.11% have issued a Sell rating, and 22.22% have issued a Strong Sell.
2. Ero Copper (NYSE:ERO)
Ero Copper (NYSE:ERO) is the #2 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 107.11% over the past year, overperforming other copper stocks by 42 percentage points.
Ero Copper has an average 1 year
price target of $25.00, a downside of -10.65% from Ero Copper's current stock price of $27.98.
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.
3. Freeport Mcmoran (NYSE:FCX)
The Component Grade breakdown for Freeport Mcmoran (NYSE:FCX) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Freeport Mcmoran (NYSE:FCX) has a Due Diligence Score of 47, which is 7 points higher than the copper industry average of 40.
FCX passed 17 out of 38 due diligence checks and has strong fundamentals. Freeport Mcmoran has seen its stock return 35.34% over the past year, underperforming other copper stocks by -30 percentage points.
Freeport Mcmoran has an average 1 year
price target of $50.08, a downside of -5.59% from Freeport Mcmoran's current stock price of $53.04.
Freeport Mcmoran stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Freeport Mcmoran, 61.54% have issued a Strong Buy rating, 23.08% have issued a Buy, 15.38% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.