“Unlock Your Profits! 5 of the Best Copper Stocks on the TSX for 2023

Copper stocks have seen a surge in popularity over the last few years, with many investors seeing them as an attractive and relatively safe investment. The demand for copper has also been increasing as it is used in a variety of industrial and manufacturing applications. The TSX has been home to some of Canada’s best copper stocks for years, and in this article we take a look at the top 5 copper stocks on the TSX in 2023. First up is Capstone Mining Corp. (TSX:CS). Capstone is a Canadian mining company that focuses on copper mining in Canada, the United States, and Mexico. They are a relatively large-cap copper stock that has seen its share price skyrocket over the past five years. In 2020, Capstone reported a net income increase of 11,685%, and their total assets doubled in value since then. As a result, Capstone has seen its share price nearly triple since 2020, and it is expected to remain a top copper stock for years to come. Second on our list is Teck Resources (TSX:TECK-A). Teck is a diversified mining company that produces a variety of metals including copper. They are based in Vancouver and are a major supplier of copper to North America. While Teck has been relatively volatile over the past few years, they have seen their share price grow steadily over the last decade. They reported a record high of earnings in 2020 and their share price has continued to climb since then. With their recent strong performance, they are expected to be a top copper stock in 2023. Third is First Quantum Minerals (TSX:FM). First Quantum is a multinational mining and metals company that has operations around the world. While their primary focus is copper, they also have major operations in gold, nickel, palladium, and zinc. Their share price has seen tremendous gains since 2020 with their total asset value growing by over 300%. First Quantum has seen tremendous success in the copper sector, and they are set to remain a top performer on the TSX. Fourth is Lundin Mining (TSX:LUN). Lundin is a Canadian mining company focused on copper, zinc, and nickel. Their operations span North and South America as well as Europe. As with many of the top copper stocks, their share price has been on a steady rise since 2020. They have seen an increase in demand for their copper products and are expected to remain one of the top copper stocks in 2023. Finally, Nevsun Resources (TSX:NSU) rounds out our list. Nevsun produces a variety of copper and gold products and is based in British Columbia. They reported strong results in 2020 and their share price has been climbing steadily since. With their strong fundamentals, improving production, and increasing demand, Nevsun is set to remain one of the top copper stocks on the TSX in 2023. For copper investors, these five stocks offer an interesting mix of stability and growth. All five have seen their share prices rise in the past few years and all are expected to remain top performing copper stocks in 2023. While it is impossible to predict the market with certainty, these five stocks are definitely worth considering for any investor interested in investing in copper stocks.