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 7 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ero Copper (NYSE:ERO) is: Value: B, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Ero Copper (NYSE:ERO) has a Due Diligence Score of 45, which is 9 points higher than the copper industry average of 36.
ERO passed 15 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock lose -27.14% over the past year, underperforming other copper stocks by -15 percentage points.
2. Hudbay Minerals (NYSE:HBM)
The Component Grade breakdown for Hudbay Minerals (NYSE:HBM) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Hudbay Minerals (NYSE:HBM) has a Due Diligence Score of 46, which is 10 points higher than the copper industry average of 36.
HBM passed 18 out of 38 due diligence checks and has strong fundamentals. Hudbay Minerals has seen its stock return 9.99% over the past year, overperforming other copper stocks by 22 percentage points.
3. Southern Copper (NYSE:SCCO)
The Component Grade breakdown for Southern Copper (NYSE:SCCO) is: Value: C, Growth: C, Momentum: C, Sentiment: D, Safety: C, Financials: A, and AI: B.
Southern Copper (NYSE:SCCO) has a Due Diligence Score of 48, which is 12 points higher than the copper industry average of 36.
SCCO passed 18 out of 38 due diligence checks and has strong fundamentals. Southern Copper has seen its stock lose -9.61% over the past year, overperforming other copper stocks by 3 percentage points.
Southern Copper has an average 1 year
price target of $85.17, a downside of -10.12% from Southern Copper's current stock price of $94.76.
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, 33.33% have issued a hold, while 33.33% have issued a Sell rating, and 0% have issued a Strong Sell.