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. Vale Sa (NYSE:VALE)
Vale Sa (NYSE:VALE) is the #1 top mining stock out of 41 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: A, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.
Vale Sa (NYSE:VALE) has a Due Diligence Score of 46, which is 24 points higher than the mining industry average of 22.
VALE passed 16 out of 38 due diligence checks and has strong fundamentals. Vale Sa has seen its stock return 21.39% over the past year, overperforming other mining stocks by 6 percentage points.
Vale Sa has an average 1 year
price target of $13.10, an upside of 8.35% from Vale Sa's current stock price of $12.09.
Vale Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Vale Sa, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Nexa Resources Sa (NYSE:NEXA)
The Component Grade breakdown for Nexa Resources Sa (NYSE:NEXA) is: Value: A, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: A.
Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 13, which is -9 points lower than the mining industry average of 22. Although this number is below the industry average, our proven quant model rates NEXA as a "B".
NEXA passed 5 out of 38 due diligence checks and has weak fundamentals. Nexa Resources Sa has seen its stock lose -17.45% over the past year, underperforming other mining stocks by -33 percentage points.
Nexa Resources Sa has an average 1 year
price target of $6.13, a downside of -2.62% from Nexa Resources Sa's current stock price of $6.29.
Nexa Resources Sa stock has a consensus Sell 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, 75% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.
3. Materion (NYSE:MTRN)
Materion (NYSE:MTRN) is the #3 top mining stock out of 41 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Materion (NYSE:MTRN) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Materion (NYSE:MTRN) has a Due Diligence Score of 37, which is 15 points higher than the mining industry average of 22.
MTRN passed 13 out of 38 due diligence checks and has average fundamentals. Materion has seen its stock return 3.98% over the past year, underperforming other mining stocks by -11 percentage points.
Materion has an average 1 year
price target of $123.50, an upside of 5.13% from Materion's current stock price of $117.47.
Materion stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Materion, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.