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: A, Safety: C, Financials: C, and AI: B.
Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 25, which is 4 points higher than the mining industry average of 21.
NEXA passed 10 out of 38 due diligence checks and has weak fundamentals. Nexa Resources Sa has seen its stock return 100.85% over the past year, overperforming other mining stocks by 6 percentage points.
Nexa Resources Sa has an average 1 year
price target of $11.38, a downside of -4.01% from Nexa Resources Sa's current stock price of $11.85.
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. Compass Minerals International (NYSE:CMP)
The Component Grade breakdown for Compass Minerals International (NYSE:CMP) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Compass Minerals International (NYSE:CMP) has a Due Diligence Score of 15, which is -6 points lower than the mining industry average of 21. Although this number is below the industry average, our proven quant model rates CMP as a "B".
CMP passed 6 out of 38 due diligence checks and has weak fundamentals. Compass Minerals International has seen its stock return 141.72% over the past year, overperforming other mining stocks by 47 percentage points.
Compass Minerals International has an average 1 year
price target of $22.67, a downside of -8.6% from Compass Minerals International's current stock price of $24.80.
Compass Minerals International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Compass Minerals International, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Vale Sa (NYSE:VALE)
Vale Sa (NYSE:VALE) is the #3 top mining stock out of 44 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Vale Sa (NYSE:VALE) is: Value: B, Growth: C, Momentum: A, Sentiment: C, Safety: C, Financials: C, and AI: C.
Vale Sa (NYSE:VALE) has a Due Diligence Score of 21, which is equal to the mining industry average of 21.
VALE passed 7 out of 38 due diligence checks and has weak fundamentals. Vale Sa has seen its stock return 90.56% over the past year, underperforming other mining stocks by -5 percentage points.
Vale Sa has an average 1 year
price target of $16.71, a downside of -1.47% from Vale Sa's current stock price of $16.96.
Vale Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Vale Sa, 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.