Southern Copper also has the lowest production costs in the copper industry at around $0.80 per pound. In 2020 alone, they produced one million metric tons of copper. They currently lead the pack with the lowest operating costs of any other company. They get their edge from their investments in Peru, a country that holds 13% of the world’s copper.īecause of their assets, this company’s copper stocks are highly sought after and considered some of the best to buy.Īs the world’s leading copper producer, Southern Copper is also committed to low-cost production, which is important in the mining industry. Southern Copper Corporation is the world’s largest copper mining company, with over $69 million in copper reserves. Ready to build your portfolio? With you can follow other investors, discover companies that are inline with your beliefs, and invest into stocks and crypto with very little money! What are you waiting for? Check out Public Now! The copper market has seen tremendous growth, but these stocks may not be right for investors looking for short-term gains.Īlthough investors looking for short-term gains may be able to make some money, with the expansion plans many of these copper companies have in place, long-term investors are likely to see better profits. The increase in demand is likely due to a global focus on renewable energy, which relies heavily on copper.
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There are no commission fees, and you even get free stock just for signing up! Why Should I Buy Copper Stocks?Ĭopper is a very diverse metal with a variety of applications, from electronics to construction and more.īecause of the versatility of this metal, it is highly valued.Ĭopper is particularly expensive right now due to an increase in demand as well as a supply shortage. Wondering where to buy the copper stocks we have listed in this article? Check out Webull! Webull is a top-rated trading app for both new and experienced investors. In this article, we’ll talk about the best copper stocks on the market and why you should invest in them. The mining industry has been bouncing back post-pandemic, but the metal that has seen the most growth is copper.Ĭopper is an incredibly lucrative commodity that has a variety of uses. Copper is a very popular investment, but is it right for your portfolio and investment goals?
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