Best Mineral Stocks To Buy Now

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Year-to-date returns in mining equities have been phenomenal. According to a World Bank analysis, gold prices are predicted to fall until 2030. Copper, lithium, and cobalt prices, on the other hand, are anticipated to climb as demand rises without a corresponding increase in supply. By 2025, the worldwide mining market is estimated to be worth $2.4 trillion, increasing at a compound annual growth rate of more than 12%. Hedge funds recommend Newmont Corporation, Teck Resources Limited, and Albemarle Corporation as some of the finest mineral stocks to buy right now.

Here is Insider Monkey’s list of the 10 best mineral stocks to buy now. Northern Dynasty Minerals Ltd. is a mineral exploration company with a diversified metals and mining portfolio. Copper, gold, and molybdenum are the firm’s primary interests. It is also exploring the development of Alaska’s Pebble mine project. Turquoise Hill Resources Ltd. is a copper, gold, silver, and other mineral-focused mining corporation. It just announced third-quarter earnings, reporting revenue of $622 million, up more than 135% from the same period the previous year. Hudbay Minerals Inc. is a copper, gold, silver, molybdenum, and zinc mining company based in Canada. In the third quarter, the company surpassed market expectations by $0.11 on earnings per share. Rio Tinto Group is a global mineral exploration and processing company. Aluminum, copper, diamond, gold, borates, salt, iron ore, and uranium mining and extraction are just a few projects the company is currently working on. Southern Copper Corporation is a copper mining company situated in Arizona. Copper deposits are the company’s primary focus, but it also deals in silver, gold, and other minerals. Fisher Asset Management is the largest stakeholder with 3.8 million shares worth more than $245 million. For more details, click 10 Best Mineral Stocks To Buy Now.

10 Best Mineral Stocks To Buy Now

 

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