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. Hudbay Minerals (NYSE:HBM)
The Component Grade breakdown for Hudbay Minerals (NYSE:HBM) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, 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 18 out of 38 due diligence checks and has strong fundamentals. Hudbay Minerals has seen its stock return 63.91% over the past year, overperforming other copper stocks by 51 percentage points.
Hudbay Minerals has an average 1 year
price target of $19.50, an upside of 31.31% from Hudbay Minerals's current stock price of $14.85.
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.
2. 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: B, and AI: B.
Freeport Mcmoran (NYSE:FCX) has a Due Diligence Score of 50, which is 9 points higher than the copper industry average of 41.
FCX passed 18 out of 38 due diligence checks and has strong fundamentals. Freeport Mcmoran has seen its stock lose -14.8% over the past year, underperforming other copper stocks by -28 percentage points.
Freeport Mcmoran has an average 1 year
price target of $48.46, an upside of 22.94% from Freeport Mcmoran's current stock price of $39.42.
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, 15.38% have issued a Buy, 23.08% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. 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: B.
Southern Copper (NYSE:SCCO) has a Due Diligence Score of 48, which is 7 points higher than the copper industry average of 41.
SCCO passed 18 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock return 18.23% over the past year, overperforming other copper stocks by 5 percentage points.
Southern Copper has an average 1 year
price target of $123.69, a downside of -5.43% from Southern Copper's current stock price of $130.79.
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.