11 Best Copper Stocks to Buy Now

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1. Freeport-McMoRan Inc. (NYSE:FCX)

Number of Hedge Fund Holders: 84

Freeport-McMoRan Inc. (NYSE:FCX) and Amarc Resources are preparing a substantial CAD 10 million drill initiative for 2025 in British Columbia’s JOY District, particularly concentrating on the high-grade Cu-Au-Ag AuRORA Deposit and other key targets such as the PINE Deposit, Twins, and Canyon Discoveries.

Freeport-McMoRan Inc. (NYSE:FCX) has already contributed CAD 35 million, obtaining a 60% stake. The firm may choose to contribute an extra CAD 75 million in Q3 2025 under Stage 2 of the deal. Amarc will continue to oversee all exploration operations.

The AuRORA Deposit is still open and has high-grade, near-surface mineralization across 600 x 500 m within the 4 km² NWG Target of the 495 km² JOY District. The grades from AuRORA outperform those from the previous production at Kemess South, located at Northgate. Amarc’s team had previously identified Kemess South and worked on all nine porphyry deposits in the Toodoggone-Kemess region, exhibiting extensive geographical knowledge.

While we acknowledge the potential of FCX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FCX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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