Considering investing in copper stocks? While the best copper stocks depend on your portfolio and investment goals, we've identified some copper stocks that are worth keeping an eye on in the copper mining sector. Keep reading to learn more about copper stocks and how to start investing.
We round up a selection of stocks in or related to the copper mining industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Freeport-McMoran Copper-and-Gold (FCX.US) | 70.76% | $98.7 billion (USD) | NYSE | 17,963,700 | Buy now |
| Southern Copper Corporation (SCCO.US) | 106.43% | $161 billion (USD) | NYSE | 1,972,800 | Buy now |
| Hudbay Minerals (HBM.US) | 187.70% | $11.2 billion (USD) | NYSE | 3,653,600 | Buy now |
| BHP Group (BHP.US) | 90.44% | $223.2 billion (USD) | NYSE | 3,784,300 | Buy now |
| Lundin Mining Corporation (LUN.TO) | 171.82% | $35.3 billion (CAD) | Toronto Stock Exchange | 2,071,407 | Buy now |
| Rio Tinto ADR (RIO.US) | 79.07% | $167 billion (USD) | NYSE | 3,000,700 | Buy now |
The copper mining industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering copper stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best copper stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong copper stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular copper stocks in or related to the copper mining industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some copper stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each copper stock below. Keep reading to decide if any of these companies are the right investment for you.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals.
Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.
| Closing stock price | $68.68 |
|---|---|
| Market Capitalization | $98.7 billion |
| Gross profit (TTM) | $10.2 billion |
| Profit margin | 10.34% |
| Revenue (TTM) | $26.4 billion |
| Earnings per share (TTM) | $1.89 |
| 52-week stock price range | $34.86 – $72.28 |
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of copper-molybdenum concentrates and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of copper, molybdenum, zinc, silver, gold and lead.
It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico.
| Closing stock price | $192.93 |
|---|---|
| Market Capitalization | $161 billion |
| Gross profit (TTM) | $9.1 billion |
| Profit margin | 34.13% |
| Revenue (TTM) | $14.5 billion |
| Earnings per share (TTM) | $5.91 |
| 52-week stock price range | $83.50 – $220.51 |
Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It primarily explores for copper concentrates containing copper, gold, zinc, molybdenum concentrates, and silver.
It owns 100% interest in Copper Mountain mine located approximately 20 kilometers south of Princeton, British Columbia, in the Similkameen valley.
| Closing stock price | $27.59 |
|---|---|
| Market Capitalization | $11.2 billion |
| Gross profit (TTM) | $1.3 billion |
| Profit margin | 27.75% |
| Revenue (TTM) | $2.4 billion |
| Earnings per share (TTM) | $1.67 |
| 52-week stock price range | $8.92 – $32.14 |
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments.
It also engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.
| Closing stock price | $87.87 |
|---|---|
| Market Capitalization | $223.2 billion |
| Gross profit (TTM) | $44.9 billion |
| Profit margin | 18.97% |
| Revenue (TTM) | $54 billion |
| Earnings per share (TTM) | $4.02 |
| 52-week stock price range | $43.90 – $93.83 |
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina. It explores for copper, gold, silver, molybdenum, and other metal deposits.
The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004.
| Closing stock price | C$37.13 |
|---|---|
| Market Capitalization | C$35.3 billion |
| Gross profit (TTM) | C$2.2 billion |
| Profit margin | 33.55% |
| Revenue (TTM) | C$4.3 billion |
| Earnings per share (TTM) | C$1.94 |
| 52-week stock price range | C$13.31 – C$45.67 |
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments.
The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia.
| Closing stock price | $100.08 |
|---|---|
| Market Capitalization | $167 billion |
| Gross profit (TTM) | $16.2 billion |
| Profit margin | 17.29% |
| Revenue (TTM) | $57.6 billion |
| Earnings per share (TTM) | $6.08 |
| 52-week stock price range | $52.85 – $112.58 |
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