Copper Stocks — Fair Value & Margin of Safety

Equity Rank covers 7 Copper companies; 4 have a published model fair value, and 2 of those (50%) trade below the model estimate. The median model fair value sits 9.3% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Copper stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Copper stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. ERO — Ero Copper Corp: model fair value $37.56 vs. price $30.13, a model fair value differential of 24.7% above the current price (as of 2026-10-22)
  2. HBM — Hudbay Minerals Inc.: model fair value $24.06 vs. price $21.89, a model fair value differential of 9.9% above the current price (as of 2026-10-22)

All 7 Copper companies

TickerCompanyPriceModel fair valueGap
SCCOSouthern Copper Corporation$182.50$130.42-28.5%
FCXFreeport-McMoran Copper & Gold Inc$64.60$44.21-31.6%
TECKTeck Resources Ltd Class B$58.90Not published—
HBMHudbay Minerals Inc.$21.89$24.06+9.9%
EROEro Copper Corp$30.13$37.56+24.7%
TGBTaseko Mines Ltd$7.30Not published—
IEIvanhoe Electric Inc.$7.91Not published—

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Copper peers

SCCO vs FCX

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