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    • Rio Tinto Group (NYSE:RIO) Number of Hedge Fund Holders: 34. Average Upside Potential: 20.49% Rio Tinto Group (NYSE:RIO) is engaged in the exploration, mining, and processing of mineral resources.
    • Hudbay Minerals Inc. (NYSE:HBM) Number of Hedge Fund Holders: 26. Average Upside Potential: 27.14% (NYSE:HBM), a diversified mining company based in Toronto, Canada, focuses on exploring, developing, operating, and optimizing properties in North and South America.
    • Ivanhoe Electric Inc. (NYSE:IE) Number of Hedge Fund Holders: 15. Average Upside Potential: 95.57% (NYSE:IE) is a Canadian company based in Vancouver.
    • Ero Copper Corp. (NYSE:ERO) Number of Hedge Fund Holders: 10. Average Upside Potential: 9.59% (NYSE:ERO) ranks 9th on our list of the best copper stocks.
    • Matthew Dilallo
    • BHP Group. BHP Group is a leading global natural resource producer based in Australia. It mines copper, iron ore, nickel, metallurgical coal, and potash.
    • Freeport-McMoRan. Freeport-McMoRan is one of the world's largest publicly traded copper producers. It also produces gold and molybdenum, an element used in high-strength steel alloys.
    • Teck Resources. Teck Resources is a diversified mining company based in Canada. It produces copper, zinc, and steelmaking (metallurgical) coal. It had investments in oil sands mining projects but sold them in 2023.
    • Southern Copper. Southern Copper is one of the largest integrated copper producers in the world. It operates copper mines in Mexico and Peru. The company is majority-owned by Grupo Mexico (GMBXF 0.2%), a conglomerate focused on mining, transportation, and infrastructure.
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