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 mining stocks to buy right now are:
1. Nexa Resources Sa (NYSE:NEXA)
The Component Grade breakdown for Nexa Resources Sa (NYSE:NEXA) is: Value: A, Growth: A, Momentum: A, Sentiment: C, Safety: C, Financials: C, and AI: C.
Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 26, which is 5 points higher than the mining industry average of 21.
NEXA passed 11 out of 38 due diligence checks and has average fundamentals. Nexa Resources Sa has seen its stock return 190.52% over the past year, overperforming other mining stocks by 96 percentage points.
Nexa Resources Sa has an average 1 year
price target of $12.75, a downside of -11.52% from Nexa Resources Sa's current stock price of $14.41.
Nexa Resources Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Nexa Resources Sa, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Teck Resources (NYSE:TECK)
The Component Grade breakdown for Teck Resources (NYSE:TECK) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Teck Resources (NYSE:TECK) has a Due Diligence Score of 28, which is 7 points higher than the mining industry average of 21.
TECK passed 10 out of 38 due diligence checks and has average fundamentals. Teck Resources has seen its stock return 69.12% over the past year, underperforming other mining stocks by -26 percentage points.
Teck Resources has an average 1 year
price target of $57.50, a downside of -13.09% from Teck Resources's current stock price of $66.16.
Teck Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Teck Resources, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Sigma Lithium (NASDAQ:SGML)
The Component Grade breakdown for Sigma Lithium (NASDAQ:SGML) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: D, Financials: C, and AI: C.
Sigma Lithium (NASDAQ:SGML) has a Due Diligence Score of 16, which is -5 points lower than the mining industry average of 21. Although this number is below the industry average, our proven quant model rates SGML as a "B".
SGML passed 5 out of 33 due diligence checks and has weak fundamentals. Sigma Lithium has seen its stock return 202.55% over the past year, overperforming other mining stocks by 108 percentage points.
Sigma Lithium has an average 1 year
price target of $18.75, an upside of 21.75% from Sigma Lithium's current stock price of $15.40.
Sigma Lithium stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sigma Lithium, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.