Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
5 Best Copper Stocks to Buy for Q2 2025
Trade your favourite markets with our top-rated broker, .
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Copper has become one of the most important metals globally, which explains why it jumped to a record high in 2024. It has done well because of the rising demand as countries rebuild their electric grid to meet their climate change goals.
The demand is also rising because of the transition to electric vehicles and because of the huge data center demand as the artificial intelligence trend continues.
Copper is expected to move into a deficit because it is taking longer for governments to approve new mines. On average, it is taking more than a decade for this approval to happen even as demand continues rising.
This page outlines the best copper stocks that money can buy right now. We delve into their origins, business model and future potential as an investment, and we have ranked them based on various key metrics. Read on to learn more.
What are the top copper stocks to buy?
Copy link to sectionThis table lists the 5 best copper companies in the world, as ranked by our team of expert analysts. There is a strong blend of established copper industry veterans along with fresh-faced top performers. To check out each company’s latest market performance and learn why we’ve picked it as one of our best stocks to buy now, click on the relevant link in the table.
| # | Stock symbol | Company name | Learn more |
|---|---|---|---|
| 1 | RIO | Rio Tinto Limited | Learn more > |
| 2 | FCX | Freeport-McMoRan Incorporated | Learn more > |
| 3 | SCCO | Southern Copper Corporation | Learn more > |
| 4 | CMMC | Anglo American | Learn more > |
| 5 | BHP | BHP | Learn more > |
1. Rio Tinto Limited (LON: RIO)
Copy link to section- Market cap: $115 billion
- Dividend yield: 7.60%
- 1-year return: 6.78%
- Country: Australia
- Stock price: $68
Rio Tinto is one of the biggest mining companies in the world with a market cap of over $115 billion. It has operations globally, where it focuses on metals like aluminium, borates, copper, diamonds, iron ore, and lithium, among others.
Rio Tinto’s business has benefited from the ongoing commodity super cycle that has pushed its total revenue from over $43 billion in 2019 to over $54 billion today. It is also a highly profitable company that makes a net profit of over $10 billion.
Rio Tinto is a good investment because of its low-cost of mining key metals and the fact that it runs a highly diversified organization. It also has a long track record of rewarding its shareholders, especially when commodity prices are rising. It has a safe dividend yield of almost 8% and has a buy rating from most analysts.
The challenge that most Americans will find is that Rio Tinto’s primary listing is in the United Kingdom. They can, however, invest in its low-volume ADRs in the US.
2. Freeport-McMoRan Incorporated (NYSE: FCX)
Copy link to section- Market cap: $70 billion
- Dividend yield: 0.6%
- 1-year return: 32%
- Country: United States
- Stock price: $68
Freeport-McMoran is another quality copper stock to invest in. It is one of the biggest mining companies in the United States with its huge operations in North America, South America, and Indonesia.
FCX mines copper, gold, and molybdenum. It is set to continue growing as the price of copper and gold maintains their momentum. Its total revenue has jumped from over $14 billion in 2019 to over $22.8 billion in 2023.
Freeport has also turned around the corner and became one of the most profitable companies in the industry. It made a big loss of over $239 million in 2019 to a profit of over $1.8 billion in 2023.
Freeport also has a strong balance sheet with over $5.2 billion in cash and $8.3 billion in debt. This is a good thing because it means that the company has room to grow its business organically and through acquisitions.
Most analysts believe that Freeport has more upside, with its revenue expected to rise to $25.5 billion this year and $27 billion in 2026. The average stock target is $54, higher than the current $49.27.
3. Southern Copper Corporation (NYSE: SCCO)
Copy link to section- Market cap: $85 billion
- Dividend yield: 2.5%
- 1-year return: 53%
- Country: Mexico
- Stock price: $108
Southern Copper is one of the biggest copper mining companies in the world. It was formed by the merger of Southern Copper Peru and Minera Mexico. Today, the company generates over $10 billion in revenues and over $2.4 billion in net income. This makes it one of the most profitable companies in the industry because of its low cost of production.
Southern Copper has huge copper reserves and its revenue is set to continue in the coming years. Analysts expect that its revenue will jump to over $11.3 billion and $12.3 billion in 2024 and 2025, respectively.
However, the key concern for Southern Copper is that it has become a highly overvalued company. Its current price of $108 is higher than the average estimate by analysts who believe that it is fairly valued at $88. Also, the company has a forward PE ratio of 26, which is higher than the industry average of 17.3.
4. Anglo American (LON: AAL)
Copy link to section- Market cap: $36 billion
- Dividend yield: 2.7
- 1-year return: 0.02%
- Country: UK/South Africa
- Stock price: $30
Anglo American made headlines in 2024 when it rejected a takeover bid from BHP, the giant Australian company. The deal was valuing the company at over $40 billion and was contingent with Anglo selling its South African platinum business.
Anglo American noted that the deal undervalued its company and that separating its entities would be complex and take time. BHP was mostly interested in Anglo because of its large copper business.
Analysts expect that Anglo American will now do what BHP wanted to do with its business. In the long term, they expect that the company will reduce its investments in the giant fertilizer business in the UK. They also believe that it will spin-off its platinum and diamond business.
Altogether, experts believe that Anglo American will do well in the long term if the management is able to turn around its enterprise. There is also hope that other companies like Glencore will make a bid.
5. BHP (NYSE: BHP)
Copy link to section- Market cap: $148 billion
- Dividend yield: 4.95%
- 1-year return: -0.98%
- Country: Australia
- Stock price: $58
BHP Group has grown to become the biggest mining company in the world with a market cap of over $148 billion. This success happened because of the diversity of its products, which include copper, iron ore, coal, nickel, and potash.
The main reason why BHP is in this list is that it has one of the best balance sheets in the industry with over $13 billion in cash. This means that the company has what it needs to engineer a large copper acquisition. The alternative scenario is where it focuses on increasing its shareholder returns through dividends and share buybacks.
BHP is also highly profitable such that it made a net profit of over $20 billion as the commodity supercycle continued. While this trend has reversed, the company is still making over $12 billion in net income, which is a positive thing. You can invest in BHP by buying its Australian listed shares or its US ADRs.
Where to buy the best copper shares
Copy link to sectionIf you want to buy copper stocks quickly, easily and affordably, check out our recommended options below. They all offer copper stock trading and investing services with low fees and innovative user interfaces.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Plus500
This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.
What is a copper stock?
Copy link to sectionA copper stock is part of the industrial thematic. It is a publicly-listed company that provides copper, usually via mining, to a variety of clients. Thanks to its ability to conduct both heat and electricity well, along with its ductility and durability, it is used in construction, electric vehicle (EV) batteries, wiring, motors, power generation and much more.
The price of copper is broadly cyclical, meaning it follows the trends of the wider economy. This is because copper has widespread applications across the entire economy, and as a result, coppers stocks broadly follow market trends.
Are copper shares a good investment?
Copy link to sectionIn general, yes, though it is worth remembering copper’s connection to the wider economic trajectory. With the decarbonisation of energy and transportation systems, and as construction ramps up following the COVID-19 pandemic, global copper use is expected to skyrocket from 23.4Mt to around 30Mt by 2030, meaning demand pressure could make copper companies even more profitable.
Most of the world’s copper is produced in Chile, Peru, China, the United States, Congo, Australia, and Mexico, and it wouldn’t be a surprise to see efforts expand in these regions with already rich copper mining infrastructure.
Investing in a copper company also carries less risk than many other investment classes. Copper is a material that should remain permanently valuable and useful, so the copper macro story is one of particular robustness. As a result, prices are likely to remain far more stable than other commodities stocks or stock types.
The ESG narrative is gaining momentum with each passing year, so we recommend looking for copper companies that place emphasis on green, ethical mining, and a clean supply chain.
Methodology: How we choose the best copper stocks
Copy link to sectionAt Invezz, our mission is to empower our readers with the most accurate and reliable financial information. Our curated selection of the best stocks in specific industries is designed to provide investors with well-researched, expertly reviewed stock recommendations. Our team follows a rigorous process to ensure our readers receive high-quality, trustworthy stock selections.
- Initial screening. Our team of experienced stock market analysts conducts an initial screening of stocks within the chosen industry. This involves analyzing a broad range of companies based on key financial metrics such as revenue growth, profitability, debt levels, and market capitalization.
- Earnings reports and financial analysis. Analysts review the latest earnings reports of shortlisted companies. This includes a detailed assessment of financial statements, looking for consistent earnings growth, strong balance sheets, and positive cash flow trends. Special attention is given to year-over-year performance and quarterly results.
- Sector analysis. A comprehensive sector analysis is conducted to understand the macroeconomic factors affecting the industry. This includes examining market trends, competitive landscape, regulatory changes, and technological advancements. Our analysts utilize industry reports, market research, and economic forecasts to gain a holistic view of the sector.
- Analyst recommendations. We consider recommendations from reputable sources such as Barron’s and Zacks. These sources provide expert opinions and ratings on stocks, which serve as an additional layer of validation for our selections. Incorporating external analyst recommendations ensures that our curated stocks are backed by a consensus of expert views.
- Internal review. After the initial selection by our analysts, the chosen stocks are reviewed by a sub-editor. The sub-editor ensures that the analysis is clear, concise, and adheres to Invezz’s editorial guidelines. This review process helps maintain the quality and readability of our content, making it accessible to a broad audience.
- Quarterly updates. To ensure our stock recommendations remain relevant and up-to-date, we update the curated section quarterly. Each update cycle involves re-evaluating the stocks based on the latest financial reports, industry developments, and market conditions. This regular update process ensures that our recommendations reflect the most current information available.
Our approach combines expert analysis, comprehensive research, and regular updates to deliver reliable and insightful investment recommendations. Read more about our review process and editorial policy.
