Best Value Copper Stocks
| Price ($) | Market Cap ($B) | 12-Month Trailing P/E Ratio | |
| Ero Copper Corp. ( ERO.TO) | CA$15.69 | CA$1.4 | 5.3 |
| Lundin Mining Corp. ( LUN.TO) | CA$11.26 | CA$8.8 | 6.7 |
| Copper Mountain Mining Corp. ( CPPMF) | 2.17 | 0.5 | 9.7 |
| Top Copper Stock | Ticker | Copper Reserves |
|---|---|---|
| Freeport-McMoRan | (NYSE:FCX) | 51.3 million tons |
| Teck Resources | (NYSE:TECK) (TSX:TECK.B) | 7 million tons |
| Southern Copper | (NYSE:SCCO) | 67.7 million tons |
| Rio Tinto | (NYSE:RIO) | 14.8 million tons |
What are the best copper stocks?
Top copper stocks and ETFs summed up
- Two of the most popular ways to gain exposure to copper is to trade copper stocks and copper ETFs
- Copper demand relatively stable and growing, thanks to its many applications
- The copper industry is largely made up of copper mining companies, most notably the main players like BHP, Glencore, Southern Copper and Freeport-McMoRan
How do I buy cheap stocks?
- Information about stocks is typically found on a company's website or in their annual report. These resources can provide valuable information about a company's business model and financial results. ...
- Websites like Morningstar.com are also useful. ...
- Perform a Google search for news about the company. ...
Which company to invest in stocks?
iRobot is one of my favorite stocks because it checks so many of the boxes I like to see in a company. Proven results? Check Strong balance sheet? Check Visionary founder? Check Premium brand? Check Big upside? Check Known primarily for its Roomba robot vacuums and Braava robot mops, its core business is already impressively profitable.
How to invest in copper?
13 Ways To Invest In Copper
- Exchange Traded Funds (ETFs) As we have said a number of times, exchange-traded products have had a major impact on commodity investing, as they have taken asset classes that were ...
- Stocks. Investing the equity side of the equation isn’t a pure play on the metal, but it can make for a number of interesting opportunities that other investment vehicles simply ...
- Bullion. Believe it or not, there are actually plenty of options for owning physical copper or copper bullion.
- Futures. Futures were the original method for obtaining exposure to commodities. ...
What is the best copper stock to invest in?
Copper Stocks with the Best PerformanceCopper Stocks with the Most MomentumPrice ($)Market Cap ($B)Turquoise Hill Resources Ltd. (TRQ)28.075.6First Quantum Minerals Ltd. (FM.TO)CA$36.62CA$25.3Southern Copper Corp. (SCCO)61.7847.82 more rows•Jun 2, 2022
Is copper stock a good investment?
Stocks of firms that produce base metals, including copper, generally have higher dividend yields than gold stocks. As well, they're usually much cheaper than gold stocks in relation to their earnings and cash flow. That means they potentially have less room to fall if markets fall.
What is the best copper company?
Just like Freeport-McMoRan Inc. (NYSE: FCX), Rio Tinto Group (NYSE: RIO), and Newmont Corporation (NYSE: NEM), Barrick Gold Corporation (NYSE: GOLD) is one of the best copper stocks to buy now.
What is the best way to invest in copper?
To invest in copper directly, investors can hold it in physical form, which can be done through the purchase of copper bullion bars or copper coins. Although not as direct as the purchase of coins or bullion, investors can also gain exposure to the value of copper through the purchase of futures.
Is copper a good investment for 2022?
The minimum forecast for Q4 2022 is US$6,513, while the maximum forecast is US$12,250. Meanwhile, Fitch Solutions has revised its copper price forecast for 2022 from US$8,500 up to US$9,500, with prices expected to average US$7,000 long term.
What is the best copper ETF?
3 Best-Performing Copper ETFsGlobal X Copper Miners ETF (COPX) As of date: February 28, 2022. 1-year performance: 15.85% ... United States Copper Index Fund (CPER) As of date: February 28, 2022. 1-year performance: 9.16% ... iPath Series B Bloomberg Copper Subindex ETN (JJC) As of date: February 28, 2022.
Who is the largest producer of copper?
ChileChile, the world's leading copper producer by far, produced an estimated 5.6 million metric tons of copper in 2021. In second place is Peru, with an estimated copper mine production of 2.2 million metric tons in the same year. The world's third-largest copper producer from mines is China.
What is the best copper stock on the TSX?
Top 5 Copper Mining Stocks to Buy Now COPPERCORP RESOURCES (TSX.V: CPER) ... ERO COPPER (TSX: ERO) ... HUDBAY MINERALS (NYSE: HBM) ... COPPER MOUNTAIN MINING (TSX: CMMC) ... CAPSTONE MINING (TSX: CS)
Is Southern copper a good stock?
Southern Copper Corporation (SCCO) is one of the best copper miners out there. It owns mining assets with 70 years of mining ahead, and its mining costs are among the lowest in the industry. Given the quality of the assets, the company is investing in growth that should lead to a 105% increase in production by 2026.
What is the stock symbol for copper?
HG:CMXCopper (HG:CMX)
Does Vanguard have a copper fund?
The SEC yield for a money market fund is calculated by annualizing its daily income distributions for the previous 7 days. Vanguard Materials ETF Layer opened....Materials ETF as of 03/31/2022MSCI US IMI Materials 25/50 (Benchmark) as of 03/31/2022Construction Materials4.30%4.30%Copper5.60%5.60%15 more rows
Will copper prices go up in 2020?
Copper prices have risen 125% from their March 2020 lows and have been among the commodities that have reached record high prices since the pandemic began. Several factors have contributed to copper's rally.
What is copper industry?
The copper industry is comprised of companies involved in the exploration, extraction, development, and production of copper, one of the most widely used metals. Copper demand is closely tied to economic cycles as it's used for a broad range of applications, including construction, electronics, industrial machinery, transportation, ...
What is capstone mining?
Capstone Mining Corp.: Capstone Mining engages in the exploration, development, and production of a range of different minerals, including copper, gold, silver, zinc, iron, and lead. The company has operations in the U.S., Mexico, and Chile. Capstone Mining announced in late April financial results for Q1 FY 2021, which ended March 31, 2021.
Who is Matthew Johnston?
Matthew Johnston has more than 5 years writing content for Investopedia. He is an expert on company news, market news, political news, trading news, investing, and the economy. He received his bachelor's degree in interdisciplinary studies from St. Stephen's University and his master's degree in economics at The New School for Social Research. He teaches macroeconomics at St. Stephen's University.
Which company is the largest copper producer?
While Southern Copper takes the crown for the largest copper producer, BHP takes the lead as the largest mining company. BHP Billiton primarily makes its money from iron ore, but copper is still a lucrative part of the company. They have 47 million tons of copper reserves.
Why is copper so expensive?
Copper is particularly expensive right now due to an increase in demand as well as a supply shortage. The increase in demand is likely due to a global focus on renewable energy, which relies heavily on copper. The copper market has seen tremendous growth, but these stocks may not be right for investors looking for short-term gains.
How much copper does Freeport McMoran produce?
They primarily smelt and refine copper concentrates, while also mining for other metals like gold and silver. Freeport McMoran produced 3.8 billion pounds of copper in 2018. Copper makes up approximately 75% of the company’s revenue. The company is also able to boast low copper production costs.
What is Southern Copper?
Southern Copper Corporation (NYSE: SCCO) Southern Copper Corporation is the world’s largest copper mining company, with over $69 million in copper reserves. They get their edge from their investments in Peru, a country that holds 13% of the world’s copper. Because of their assets, this company’s copper stocks are highly sought after ...
How much copper is produced in 2020?
They currently lead the pack with the lowest operating costs of any other company. In 2020 alone, they produced one million metric tons of copper.
Is Rio Tinto a publicly traded company?
Rio Tinto comes in at 114 on the Forbes Global 2000 list for the largest publicly traded company in 2020. Rio Tinto owns a 51% stake in Turquoise Hill Resources.
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2. Teck Resources Limited (NYSE: TECK)
Coming in 2nd of our recommended copper stocks, this natural resources firm deals in the mining of copper, zinc, and other metals. Over the past 12 months alone, the company has provided a whopping 102% return of investment to very happy
3. BHP Group (NYSE: BHP)
Third in our copper stocks list and founded in Australia, the BHB Group is a natural resources firm with interests in petroleum, copper, iron, and coal. It acquires most of its copper from operations in Chile and South Australia though it owns a few copper-related assets in other countries as well.
4. Vale S.A. (NYSE: VALE)
Fourth in our copper stocks list, and ene of the largest mining firms in Brazil, the company deals in the production of iron ore, nickel, and other metals. Apart from mining, Vale S.A. also provides logistical services related to the metals it mines. Easily one of the best-performing companies on this list, Vale S.A.
5. Turquoise Hill Resources Ltd. (NYSE: TRQ)
Fifth in our list of copper stocks, and prioritizing mostly on gold and copper production and development, the company has had a stellar year and surpassed a lot of its expectations. Over the past year, the company has generated over 140% in returns on investments.
6. Hudbay Minerals Inc. (NYSE: HBM)
Sixth in our copper stocks list is Hudbay Minerals Inc. They're a Canadian mining firm that focuses mostly on the mining of zinc and copper. They boast several operations around North and South America, the most famous one being their mines in the Flin Flon area of Manitoba which have been ongoing for nine decades.
7. Newmont Corporation (NYSE: NEM)
Seventh in our list of copper stocks is the Newmont Corporation, Not only is the Newmont Corporation one of the largest gold mining companies in the world, but they also have large interests in copper and other minerals.
8. Rio Tinto Group (NYSE: RIO)
The Rio Tinto Group is our eighth in the recommended list of copper stocks holds the distinction of being the second-largest mining company in the world. The company produces copper, aluminum, gold, silver, as well as other metals. On top of that, the company also has substantial interests in uranium and iron, making for quite a diverse portfolio.
Top copper stocks
Copper is the third most consumed industrial metal in the world, according to the U.S. Geological Survey. Because of its importance to the economy, many mining companies operate copper mines. However, while many companies produce copper, only a few focus on expanding their copper production because they have reserves and viable expansion projects.
1. BHP Group
BHP Group is a leading global natural resource producer based in Australia. It mines copper, iron ore, nickel, metallurgical coal, and potash. It also produces oil and natural gas, although it’s merging those operations with Woodside Petroleum ( ASX:WPL) in a deal that should close in 2022.
2. Freeport-McMoRan
Freeport-McMoRan is one of the world's largest publicly traded copper producers. It also produces gold and molybdenum, an element used in high-strength steel alloys.
3. Teck Resources
Teck Resources is a diversified mining company based in Canada. It produces copper, zinc, and steelmaking coal. In addition, it has investments in oil sands mining projects.
4. Southern Copper
Southern Copper is one of the largest integrated copper producers in the world and operates copper mines in Mexico and Peru. The company is owned by Grupo Mexico, a conglomerate focused on mining, transportation, and infrastructure.
5. Rio Tinto
Rio Tinto is a diversified global mining company based in the U.K. It produces aluminum, copper, diamonds, gold, industrial minerals, iron ore, and uranium. It also produces other basic materials, including borates, lithium, salt, and titanium dioxide.
Copper-driven growth
The world needs more copper to support its transition to lower-carbon energy sources. Demand for the metal should rise considerably in the coming years. The increased demand should support additional copper expansion projects from the world's top mining companies, enabling them to increase production and benefit from higher prices.
What is a Copper Stock?
A copper stock refers to the stock of a company that is involved in the business of mining copper and other precious metals.
Best Copper Stocks to Buy – February 2022
I recommend bookmarking this page to keep you up to date on the Best Copper Stocks to Buy in 2022. This page is updated Weekly for your reference.
How to Find Copper Stocks
Finding the best copper stocks is a simple process we outline below. Follow these quick steps.
Best Copper Stocks FAQ
The best copper stocks to buy now are RIO, NEM, SCCO, COPX, and others found in this guide.
What is the biggest producer of copper?
There are also labor issues that have been a factor and could be in the future. The various supply issues increase copper’s price volatility. Chile is the world’s largest producer of copper, followed distantly by Peru.
What are copper futures?
Futures. There are only a few exchanges where copper futures are traded. Two are COMEX and the London Metal Exchange. Both are exchanges for trading metals. Futures can be used to hedge against risk in the copper industry, but you have to consider the substantial risk in the futures market when investing.
Why is copper so low?
When copper prices are low, firms can accumulate a lot of debt since the necessary capital investment is so high and the company may not have enough cash flow. Because copper is a capital intensive industry, they have a lot of depreciation and amortization on their financial statements. Depletion is also a factor.
How many copper bars are needed to make a pound?
Although storage can be a problem when investing directly in physical copper, the U.S. Mint makes copper bars in a one-ounce size. Of course, you need 16 of them to make a pound, which usually trades between $2 and $4. If you make a large investment, you may have a storage problem.
Why is copper so plentiful?
The Copper Market. Copper is both versatile and plentiful. We have mined only a fraction of the world’s supply of copper. One of the reasons is that copper is recyclable. Once it is in circulation, it has numerous uses for which it can be recycled. There are mining issues with copper.
Why do hospitals need copper?
Hospitals are changing many surfaces that you can touch to copper since viruses and bacteria cannot live on the metal.
Which country has the most copper?
Chile is the world’s largest producer of copper, followed distantly by Peru. Not only is Chile No. 1 due to copper mining, but it has the most copper reserves. Developing countries, especially China and India, are big users of copper due to their infrastructure needs and China is the world’s largest importer of copper.
