10 Best Mining Stocks to Buy According to Hedge Funds

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In this article, we will discuss the 10 Best Mining Stocks to Buy According to Hedge Funds.

According to PwC, the broader mining industry has been expanding its horizons as it provides the critical materials that support fundamental human needs. Apart from gold miners, 2024 was a tough year for the broader mining industry, reported PwC. The revenues and EBITDA for the top 40 global mining companies (except gold-focused firms) declined 3% and 10%, respectively.

What’s Lies Ahead for the Mining Industry?

PwC believes that several key trends will affect the trajectory of the mining industry over the coming decade. The energy transition remains a critical driver of key mineral demand. Therefore, significant new supply is anticipated to come on stream or to be in development. The advancements are expected to improve mining equipment performance, resulting in increased output with reduced resource consumption and improved safety.

PwC also highlighted that the urban population is projected to more than double by 2050. With the growth in global economies, per capita demand for commodities is also expected to increase despite more efficient use as well as higher recycling levels. This will lead to increased recognition of the need for a greater supply of minerals.

Amidst these trends, let us now have a look at the 10 Best Mining Stocks to Buy According to Hedge Funds.

10 Best Mining Stocks to Buy According to Hedge Funds

Our Methodology

To list the 10 Best Mining Stocks to Buy According to Hedge Funds, we used a screener to shortlist the stocks catering to the broader mining sector. Next, we chose the ones popular among hedge funds, as of Q2 2025. Finally, the stocks were ranked in ascending order of their hedge fund sentiment.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

10 Best Mining Stocks to Buy According to Hedge Funds

10. Standard Lithium Ltd. (NYSEAMERICAN:SLI)

Number of Hedge Fund Holders: 6

Standard Lithium Ltd. (NYSEAMERICAN:SLI) is one of the Best Mining Stocks to Buy According to Hedge Funds. On September 4, Raymond James lifted the price objective on the company’s stock to $4.00 from $2.75, while maintaining an “Outperform” rating. The firm believes that the increasing maturation of Standard Lithium Ltd. (NYSEAMERICAN:SLI)’s projects as well as model adjustments are the key factors responsible for the increased valuation. Notably, the firm sees the company as a leader in Direct Lithium Extraction (DLE) with an emphasis towards advancing its portfolio of lithium-brine projects in the US.

Standard Lithium Ltd. (NYSEAMERICAN:SLI)’s cash and working capital came in at $33.8 million and $30.6 million, respectively, as of June 30, 2025. The company has no term or revolving debt obligations. Smackover Lithium, which is a JV between Standard Lithium Ltd. (NYSEAMERICAN:SLI) and Equinor, announced the positive results of a Definitive Feasibility Study for its South West Arkansas project. Talking about highlights, the first production has been targeted for 2028, with the projected initial production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate for the project.

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