Copper Price Surge: Copper prices have exceeded $12,000 per metric ton due to supply issues at major mines and changes in global trade influenced by U.S. tariffs, marking the best year for copper since the 2009 financial crisis.
Top Copper Stocks: The leading copper stocks based on Seeking Alpha Quant Ratings include First Quantum Minerals and Southern Copper, both rated as Strong Buy (4.76), followed by Ero Copper (4.54) with a Strong Buy rating, while Lundin Mining, Taseko Mines, and Freeport-McMoRan received Hold ratings.
Quant Rating System: Seeking Alpha’s Quant system evaluates stocks based on various quantitative measures, assigning ratings on a scale from 1 to 5, where ratings of 3.5 or above are considered bullish.
Market Outlook: The copper market is experiencing a bullish trend as investors anticipate tighter supply, with additional commentary on related commodities and market dynamics.
Wall Street analysts forecast CPER stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPER is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast CPER stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPER is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 35.680
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Current: 35.680
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.