The following guide covers the Best Copper Stocks to Buy in 2022.
The best copper stocks to buy are RIO, NEM, SCCO, COPX, and many others found in this list.
Some of these options can be considered very Undervalued Stocks that could provide major returns and help investors beat inflation!
This guide is very similar to our other commodity lists of Best Cobalt Stocks and Best Lithium Stocks.
While Robinhood is the most used brokerage for trading copper stocks, all of the stocks in this guide can be traded on any popular brokerage such as Vanguard, WeBull, Fidelity, TD Ameritrade, and others.
Prior to diving into the best copper stock, it’s important to understand what a copper stock is and the risks associated with investing in them.
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.
While many may be familiar with investing in physical copper (bars and wire), you can also invest in the companies that mine this commodity!
Similar to gold and silver, many investors prefer to hold the physical form of copper as a “safe haven” investment during times of uncertainty and high inflation.
However, if you are solely looking for a higher return on investment (ROI) then copper stocks may be the better option.
Paper copper has outperformed the returns of physical copper in terms of price appreciation for decades.
The video below explains the differences between investing in physical copper and copper stocks (paper copper).
Important: Before investing in copper stocks, it’s important to understand the risks and commonalities of copper stocks.
Investing in individual copper stocks is not one of the top traits among the world’s best investors. The greatest investors are known to hold broad market Index Funds for decades.
In fact, the best investors are actually dead:
Best Investors are Dead – Fidelity Study
Some of the main risks with investing in certain copper stocks include the following:
- High volatility
- Government regulations
- Lack of liquidity
- Lack of transparency on the true supply of physical copper
- Unproven businesses
While there are several risks, it is still very possible for investors to make money from copper stocks through share appreciation.
The same can also be said for 5G Penny Stocks and other promising companies who file for Initial Public Offerings (IPOs).
Below you will find a complete list of the best copper stocks to buy in 2022.
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Best Copper Stocks to Buy Now
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.
The following list was last updated on Tue, Mar, 21, 2023
As of this writing, all copper stocks listed below are currently available for trading on Robinhood and other brokerages.
This is similar to our list of Best Sports Betting Stocks and Robinhood Dividend Stocks.
The best copper stocks below are ranked based on the following criteria:
- Historical Performance
- Market Cap
- Company Outlook
- Capital Management & Leadership
- Dividend Yield
- Average Volume
Free Stock Promo: Robinhood is currently offering one Free Stock worth up to $165 for new users. Click the link below to get started!
1. Rio Tinto (RIO)
Rio Tinto (RIO) tops our list of best copper stocks for several reasons. They are involved with the exploration, mining, and processing of copper and other mineral resources.
This copper giant has a market cap above $111 billion and pays an impressive dividend yield to its investors of 5.63 percent.
Market Cap: $111.74B
Average Volume: 1.76M
Dividend Yield: 5.63%
2. Southern Copper (SCCO)
Southern Copper Corp (SCCO) engages in the development, exploration, and production of copper across Mexico and South America.
This copper mining company has a market cap of over $54 billion and pays a good dividend yield of 3.50 percent to investors.
Market Cap: $54.37B
Average Volume: 1.42M
Dividend Yield: 3.50%
3. Newmont (NEM)
Newmont Corporation (NEM) is a Denver-based company specializing in the production of copper, gold, silver, and other precious metals.
In addition to a market cap above $56 billion, Newmont also pays its investors a respectable dividend yield of 2.79 percent. They can be a great stock to own during times of high inflation.
Market Cap: $56.40B
Average Volume: 5.83M
Dividend Yield: 2.79%
4. Freeport-McMoRan (FCX)
Freeport-McMoRan (FCX) is another mining company based in Phoenix that specializes in mining copper, gold, and molybdenum.
This business has a market cap exceeding $61 billion and has yielded a share price return of over 229 percent in the past 5 years!
Market Cap: $61.26B
Average Volume: 21.04M
Dividend Yield: 0.22%
5. Hudbay Minerals (HBM)
Hudbay Minerals (HBM) is a Toronto-based mining company that produces copper concentrate and zinc metal.
This copper business has a market cap just below $2 billion and pays a dividend yield of 0.23 percent to its investors.
Market Cap: $1.89B
Average Volume: 1.71M
Dividend Yield: 0.23%
6. Global X Copper Miners ETF (COPX)
We included the Global X Copper Miners ETF (COPX) as a bonus copper stock for investors who are looking for broader exposure to this precious metal.
The top holdings within this ETF include Glencore, Vedanta, First Quantum, Freeport-McMoRan, and several other companies.
Assets Under Management (AUM): $1.11B
Average Volume: 558.07K
Dividend Yield: 0.76%
How to Find Copper Stocks
Finding the best copper stocks is a simple process we outline below. Follow these quick steps.
In this example, we are using Robinhood which is one of the most popular free brokerages available.
1. Sign up for a free Robinhood account – Click Here to Sign Up With Free Stock
2. Click the search bar on top and enter “copper” and wait a few seconds.
3. You will notice the various copper companies that appear in the dropdown menu. Click whichever company you prefer.
Overall, these are the best copper stocks to buy in 2022 and beyond. Always be sure to invest responsibly!
Refer to the video below for even more ideas for finding the best copper stocks!
Check out our most popular articles that have been read by thousands of unique visitors.
Most Popular Articles – Wealthy Diligence
Best Copper Stocks FAQ
What are the Best Copper Stocks to Buy Now?
The best copper stocks to buy now are RIO, NEM, SCCO, COPX, and others found in this guide.
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.
Is Physical Copper better than Paper Copper?
While many investors prefer to hold the physical form of copper as a safe haven investment, paper copper has outperformed the returns of physical copper in terms of price appreciation for decades.
Are Copper Stocks a Good Investment?
Copper stocks have historically been good investments during certain periods in history. Always be sure to assess the risk of any investment prior to buying.
