Sprott Copper Miners ETF Price & Performance (COPP)

The U.S. copper market is seeing bullish momentum as potential tariffs on imports drive up prices. A proposed 25% levy, aimed at addressing national security concerns, has led to increased demand from manufacturers and higher futures prices. Analysts note the long-term trend of electrification is also supporting copper's outlook.12

Gold prices are climbing, with analysts projecting further gains amid inflation fears and geopolitical risks. The VanEck Gold Miners ETF has surged 20% this year, outperforming gold's 12% rise. Experts attribute this to increased investor interest in gold equities, which remain undervalued compared to broader market benchmarks.3

Freeport-McMoRan's U.S.-based operations are seen as a competitive advantage as potential copper import tariffs loom. Analysts upgraded the stock, citing elevated pricing and supply constraints. The company is expected to benefit from protective trade measures and long-term copper demand driven by global electrification trends.12