Best Copper Stocks to Buy Now (2025)
Top copper stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best copper stocks to buy now. Learn More.

Industry: Copper
D
Copper is Zen Rated D and is the 109th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ERO
ERO COPPER CORP
$1.35B$13.07$19.0045.37%Strong Buy138.93%N/A49.56%19.96%
IE
IVANHOE ELECTRIC INC
$902.77M$6.81$13.1793.35%Strong Buy3-3.43%N/A-65.63%-47.03%
FCX
FREEPORT-MCMORAN INC
$57.45B$39.98$49.2923.28%Buy74.93%30.97%31.96%10.24%
MTAL
MAC COPPER LTD
$757.59M$10.23$14.5041.74%Buy115.84%N/A21.70%7.13%
SCCO
SOUTHERN COPPER CORP
$77.10B$96.84$97.130.30%Hold31.12%1.30%36.20%17.74%
TGB
TASEKO MINES LTD
$740.36M$2.43N/AN/AN/AN/AN/AN/AN/AN/A
HBM
HUDBAY MINERALS INC
$3.16B$8.00N/AN/AN/AN/A2.87%52.42%12.61%5.87%

Copper Stocks FAQ

What are the best copper stocks to buy right now in Mar 2025?

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)


Southern Copper (NYSE:SCCO) is the #1 top copper stock out of 7 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Southern Copper (NYSE:SCCO) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: B.

Southern Copper (NYSE:SCCO) has a Due Diligence Score of 46, which is 17 points higher than the copper industry average of 29.

SCCO passed 17 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock lose -5.1% over the past year, overperforming other copper stocks by 5 percentage points.

Southern Copper has an average 1 year price target of $97.13, an upside of 0.3% from Southern Copper's current stock price of $96.84.

Southern Copper stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Southern Copper, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 33.33% have issued a Sell rating, and 33.33% have issued a Strong Sell.

2. Hudbay Minerals (NYSE:HBM)


Hudbay Minerals (NYSE:HBM) is the #2 top copper stock out of 7 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Hudbay Minerals (NYSE:HBM) is: Value: C, Growth: C, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: C.

Hudbay Minerals (NYSE:HBM) has a Due Diligence Score of 31, which is 2 points higher than the copper industry average of 29.

HBM passed 12 out of 38 due diligence checks and has average fundamentals. Hudbay Minerals has seen its stock return 15.61% over the past year, overperforming other copper stocks by 26 percentage points.

3. Freeport Mcmoran (NYSE:FCX)


Freeport Mcmoran (NYSE:FCX) is the #3 top copper stock out of 7 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Freeport Mcmoran (NYSE:FCX) is: Value: C, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.

Freeport Mcmoran (NYSE:FCX) has a Due Diligence Score of 41, which is 12 points higher than the copper industry average of 29.

FCX passed 17 out of 38 due diligence checks and has strong fundamentals. Freeport Mcmoran has seen its stock lose -12.86% over the past year, underperforming other copper stocks by -2 percentage points.

Freeport Mcmoran has an average 1 year price target of $49.29, an upside of 23.28% from Freeport Mcmoran's current stock price of $39.98.

Freeport Mcmoran stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Freeport Mcmoran, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the copper stocks with highest dividends?

Out of 2 copper stocks that have issued dividends in the past year, the 2 copper stocks with the highest dividend yields are:

1. Southern Copper (NYSE:SCCO)


Southern Copper (NYSE:SCCO) has an annual dividend yield of 1.34%, which is the same as the copper industry average of 0.89%. Southern Copper's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Southern Copper's dividend has shown consistent growth over the last 10 years.

Southern Copper's dividend payout ratio of 46% indicates that its dividend yield is sustainable for the long-term.

2. Hudbay Minerals (NYSE:HBM)


Hudbay Minerals (NYSE:HBM) has an annual dividend yield of 0.21%, which is -1 percentage points lower than the copper industry average of 0.89%. Hudbay Minerals's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Hudbay Minerals's dividend has not shown consistent growth over the last 10 years.

Hudbay Minerals's dividend payout ratio of 8.5% indicates that its dividend yield is sustainable for the long-term.

Why are copper stocks down?

Copper stocks were down -1.75% in the last day, and down -2.35% over the last week.

We couldn't find a catalyst for why copper stocks are down.

What are the most undervalued copper stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued copper stocks right now are:

1. Ero Copper (NYSE:ERO)


Ero Copper (NYSE:ERO) is the most undervalued copper stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Ero Copper has a valuation score of 14, which is -17 points higher than the copper industry average of 31. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates ERO a Valuation Rating of "B".

Ero Copper's stock has dropped -30.96% in the past year. It has underperformed other stocks in the copper industry by -21 percentage points.

2. Hudbay Minerals (NYSE:HBM)


Hudbay Minerals (NYSE:HBM) is the second most undervalued copper stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Hudbay Minerals has a valuation score of 29, which is -2 points higher than the copper industry average of 31. It passed 2 out of 7 valuation due diligence checks.

Hudbay Minerals's stock has gained 15.61% in the past year. It has overperformed other stocks in the copper industry by 26 percentage points.

3. Mac Copper (NYSE:MTAL)


Mac Copper (NYSE:MTAL) is the third most undervalued copper stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Mac Copper has a valuation score of 14, which is -17 points higher than the copper industry average of 31. It passed 1 out of 7 valuation due diligence checks.

Mac Copper's stock has dropped -20.82% in the past year. It has underperformed other stocks in the copper industry by -10 percentage points.

Are copper stocks a good buy now?

40% of copper stocks rated by analysts are a strong buy right now. On average, analysts expect copper stocks to rise by 15.67% over the next year.

0% of copper stocks have a Zen Rating of A (Strong Buy), 0% of copper stocks are rated B (Buy), 85.71% are rated C (Hold), 14.29% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the copper industry?

The average P/E ratio of the copper industry is 24.92x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.