In this article, we will look at the 8 Best Copper Stocks to Invest In Now.
On April 23, Robin Brooks, Brookings’ senior fellow, appeared on CNBC’s ‘The Exchange’ to talk about oil prices and which factors are keeping the prices where they are.
He was of the view that there are two things going on at the present, with the first being a physical shortage. On the other hand, there exist expectations that the war and the standoff between Iran and the United States will end sometime soon. The markets are thus pricing in these two factors in the short-dated physical market, so that is oil for delivery. Oil prices are a little bit higher, but according to him, in the futures market, oil prices would be a little bit lower because markets rationally expect this war to end sometime soon.
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Brooks also talked about how demand destruction is a real thing in these circumstances, in terms of how quickly people can substitute oil with other things or stop using it altogether. He thinks that we are now finding out that these elasticities are somewhat higher, and so when we hear scary numbers like $150 or $200 in the market, it turns out that people are making an unrealistic assumption for this price elasticity, and basically assuming that people are stuck with oil, when in reality, we are seeing that they are not.
With these broader market trends in view, let’s narrow down and look at the best copper stocks to invest in now.
Our Methodology
We used Finviz to compile a list of copper stocks and chose the top 8 with the highest number of hedge fund holders as of Q4 2025, sourcing the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment.
Note: All data was recorded on April 23.
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8 Best Copper Stocks to Invest In Now
8. Taseko Mines Ltd (NYSEAMERICAN:TGB)
Taseko Mines Ltd (NYSEAMERICAN:TGB) is one of the best copper stocks to invest in now. On April 21, Canaccord lifted the price target on Taseko Mines Ltd (NYSEAMERICAN:TGB) to C$14 from C$13.50 while maintaining a Buy rating on the shares.
In a separate development, Taseko Mines Ltd (NYSEAMERICAN:TGB) provided an operational update and first-quarter production results for Florence Copper and the Gibraltar Mine on April 14. It reported that Gibraltar produced a total of 30.0 million pounds of copper and 717 thousand pounds of molybdenum in the first quarter, reflecting a growth of 50% and 113% over the same period in 2025. Management stated that the copper grades in the quarter were in line with the life of mine average grade, and recoveries improved to 83%. However, copper sales in the quarter were 27 million pounds, slightly lower than production, primarily due to shipment timing.
Taseko Mines Ltd (NYSEAMERICAN:TGB) further stated that the results from Gibraltar reflected a solid quarter, with operating results generally in line with the company’s expectations. Production included 733 thousand pounds of copper cathode from the Gibraltar SX/EW plant, which operated continuously through the winter months.
Taseko Mines Ltd (NYSEAMERICAN:TGB) is a mining company involved in the acquisition, development, and operation of mineral deposits. The company holds an interest in the Gibraltar, Florence Copper, Aley Niobium, Yellowhead, New Prosperity, and Harmony projects.
7. BHP Group Limited (NYSE:BHP)
BHP Group Limited (NYSE:BHP) is one of the best copper stocks to invest in now. In its operational review for the nine months ended March 31, 2026, BHP Group Limited (NYSE:BHP) reported that total copper production decreased 3% to 1,461 kt, with the copper production guidance for fiscal year 2026 remaining unchanged at between 1,900 and 2,000 kt. The company now expects it to be in the upper half of the range. BHP Group Limited (NYSE:BHP) further reported that its balance sheet remains strong, and in the last month, it realized ~US$4.8 billion through the completion of the Antamina silver streaming transaction and finalising the divestment of Carajás, along with the cash received in relation to the earlier divestment of Blackwater and Daunia.
BHP Group Limited (NYSE:BHP) also reported that in April, it completed a silver streaming transaction with Wheaton Precious Metals and received total upfront consideration of US$4.3 billion. It also finalised the divestment of the Carajás assets with US$240 million received on completion, along with cash adjustments, with potential for up to an additional US$225 million to be received as contingent payments based on performance targets.
BHP Group Limited (NYSE:BHP) is involved in the exploration, production, development, and processing of copper, iron ore, and metallurgical coal. Its operations are divided into the Copper, Iron Ore, and Coal segments. The Copper segment encompasses the mining of copper, silver, gold, lead, zinc, molybdenum, and uranium.
6. Rio Tinto Group (NYSE:RIO)
Rio Tinto Group (NYSE:RIO) is one of the best copper stocks to invest in now. JPMorgan lifted the price target on Rio Tinto Group (NYSE:RIO) to 7,200 GBp from 7,030 GBp on April 22, setting a Neutral rating on the shares. The rating update came after the company released production results for fiscal Q1 2026 on April 21, reporting that operating excellence drove 9% year-over-year copper equivalent production growth across its portfolio, with the Oyu Tolgoi copper mine continuing to ramp up according to plan. Rio Tinto Group’s (NYSE:RIO) integrated aluminium business also delivered a solid performance, and the company attained the historic land exchange at Resolution Copper, with its project team focused on the next phase of one of the world’s largest untapped copper deposits.
Rio Tinto Group (NYSE:RIO) further reported that copper production grew 9% year-over-year, driven by the continued successful ramp-up of Oyu Tolgoi, with drilling at Resolution underway after the completion of the land exchange in March. Iron ore yielded the second-highest fiscal Q1 Pilbara production since 2018, up 13% year-over-year, with sales up 2% year-over-year.
Rio Tinto Group (NYSE:RIO) explores, mines, and processes mineral resources. Its operations are divided into the following business segments: Copper, Iron Ore, Aluminium, and Minerals.
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