How to Buy Copper Stocks
One option for establishing exposure to copper involves purchasing stocks of companies engaged in mining and selling the metal. Because the profitability of these firms depends on market prices for the metal, these stocks have been known to demonstrate a strong positive correlation to spot prices. Moreover, investing in stocks avoids the potential complexities of a futures-based strategy.
Many companies that mine copper are also engaged in mining for gold, nickel, and other precious and industrial metals. There are, however, some pure play miners that focus primarily on copper:
- Jiangxi Copper Company
- Freeport Copper
- Equinox Minerals
- Lundin Mining Corp
- XStrata PLC
For a longer list of copper mining companies, see the holdings of the Global X Copper Miners ETF.
Other Ways To Invest In Copper
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