According to Due Diligence Score, the 3 best copper mining stocks to buy right now are:
1. Freeport Mcmoran (NYSE:FCX)
Freeport Mcmoran (NYSE:FCX) is the top copper stock with a Due Diligence Score of 54, which is 17 points higher than the copper industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Freeport Mcmoran has seen its stock return 9.71% over the past year, underperforming other copper stocks by -8 percentage points.
Freeport Mcmoran has an average 1 year
price target of $49.88, an upside of 24.01% from Freeport Mcmoran's current stock price of $40.22.
Freeport Mcmoran stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Freeport Mcmoran, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Ero Copper (NYSE:ERO)
Ero Copper (NYSE:ERO) is the second best copper stock with a Due Diligence Score of 47, which is 10 points higher than the copper industry average of 37. It passed 16 out of 33 due diligence checks and has strong fundamentals. Ero Copper has seen its stock return 0.35% over the past year, underperforming other copper stocks by -17 percentage points.
Ero Copper has an average 1 year
price target of $19.00, an upside of 34.37% from Ero Copper's current stock price of $14.14.
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. Taseko Mines (NYSEMKT:TGB)
Taseko Mines (NYSEMKT:TGB) is the third best copper stock with a Due Diligence Score of 45, which is 8 points higher than the copper industry average of 37. It passed 14 out of 33 due diligence checks and has strong fundamentals. Taseko Mines has seen its stock return 59.71% over the past year, overperforming other copper stocks by 42 percentage points.