Universe: 81 securities, including listed copper-related funds; price observation period October 2–9, 2026. Not a deduplicated company count.
1. Breadth has weakened faster than headline returns
Only 40 of 81 securities (49.4%) remain above their 200-day moving average. On the 80-security comparable sample, breadth fell from 62.5% to 50.0% over four weeks, a decline of 12.5 percentage points. The weekly median return of −0.68% masks a wider retreat: 48 declined, 29 advanced and four were unchanged.
This is not evidence of a uniform collapse, but it is a meaningful deterioration in participation. A sustainable sector-wide recovery would require a broader set of constituents to regain their long-term trend.
2. Volume does not confirm broad accumulation
Median five-session relative volume was 0.77× its historical reference. Just six of 81 securities reached 1.5× relative volume, split evenly between rising and declining names. The median signed 20-session volume balance weakened from −9.3% to −11.3%.
Isolated high-volume advances therefore do not yet establish broad buying participation. Volume remains one of the main obstacles to calling the recent action a confirmed recovery.
3. Drawdowns reveal the underlying damage
The median security is 28.2% below its 52-week high. Among 80 valid observations, 52 (65.0%) are down more than 20% and 35 (43.8%) more than 30%. The accumulated damage is substantially larger than the modest median loss during the latest week.
4. Short-term weakness, three-month resilience
Only 24.7% of the universe outperformed the S&P 500 over the latest week, versus 67.9% over three months. This divergence is the central finding: short-term breadth has deteriorated without fully erasing the relative advantage built over the previous quarter.
The strongest weekly advances were Aldebaran Resources (+30.6%) and Prospect Resources (+27.7%), while Northern Dynasty Minerals (−16.2%) and Gladiator Metals (−11.7%) were among the weakest. These extremes illustrate dispersion, not a broad sector signal.
5. What would change the assessment?
Watch for a sustained rebound in the share above MA200, rising participation on stronger volume, improvement in signed volume balance and a reduction in deep drawdowns. Until these signals broaden, the sector's relative strength at the three-month horizon should be treated as resilience rather than confirmation of a new advance.
Complete copper ranking · 81 securities
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Search by ticker or company and click a column heading to sort. Weekly and global ranks are separate classifications. Prices are quoted in each security's listing currency, not a common currency.
| Weekly rank ↕ | Global rank ↕ | Ticker ↕ | Company ↕ | Last close ↕ | 1W ↕ | 4W ↕ | 3M ↕ | YTD ↕ |
|---|---|---|---|---|---|---|---|---|
| 1 | 23 | ALDE.V | Aldebaran Resources | 3.52 | 30.61% | 17.73% | 39.68% | -4.86% |
| 2 | 30 | PSC.AX | Prospect Resources | 0.3 | 27.66% | 33.33% | 5.26% | 17.65% |
| 3 | 48 | CVV.AX | Caravel Minerals | 0.265 | 12.77% | -7.02% | 15.22% | -8.62% |
| 4 | 76 | MMA.V | Midnight Sun Mining | 0.4975 | 8.15% | -21.03% | -16.39% | -64.46% |
| 5 | 33 | FTZ.V | Fitzroy Minerals | 0.48 | 7.87% | 6.67% | 12.94% | 6.67% |
| 6 | 42 | BOL.ST | Boliden | 546.2 | 5.12% | -0.69% | 4.64% | 4.84% |
| 7 | 36 | GCU.TO | Gunnison Copper | 0.465 | 4.49% | 5.68% | 24% | 8.14% |
| 8 | 61 | KDK.V | Kodiak Copper Class B | 0.73 | 4.29% | -6.41% | 7.35% | -30.48% |
| 9 | 21 | GLEN.L | Glencore | 584.6 | 4.13% | -3.45% | 14.31% | 43% |
| 10 | 52 | 2899.HK | Zijin Mining Group H | 32.94 | 3.91% | -5.4% | 11.96% | -10.83% |
| 11 | 8 | KGH.WA | KGHM Polska Miedz | 347 | 3.49% | -1.39% | 13.92% | 22.4% |
| 12 | 47 | NAFG.DE | Aurubis AG | 160.4 | 2.62% | -7.44% | -5.03% | 27.1% |
| 13 | 22 | 1208.HK | MMG Ltd. | 8.72 | 2.59% | -3.86% | 25.47% | -4.39% |
| 14 | 20 | FCX | Freeport McMoRan | 73.69 | 2.29% | 3.69% | 21.74% | 41.9% |
| 15 | 53 | AHR.V | Amarc Resources | 1.03 | 1.98% | 1.98% | 9.57% | -23.7% |
| 16 | 11 | SCCO.K | Southern Copper | 209.21 | 1.79% | 8.12% | 19.94% | 40.7% |
| 17 | 13 | PUCOBRE.SN | Sociedad Punta Del Cobre | 16895 | 1.77% | -4.12% | 6.62% | 28.13% |
| 18 | 58 | LUCA.V | Luca Mining Ord Shs | 1.15 | 1.77% | 6.48% | 11.65% | -18.44% |
| 19 | 48 | 0358.HK | Jiangxi Copper H | 33.22 | 1.34% | -4.98% | 10.29% | -23.95% |
| 20 | 41 | VISC.ST | Gruvaktiebolaget Viscaria Class B | 20.65 | 1.23% | -10.61% | 32.03% | 1.98% |
| 21 | 31 | 3939.HK | Wanguo Gold Group | 13.32 | 0.83% | -13.73% | 48.33% | 69.25% |
| 22 | 33 | 0661.HK | China Daye Non-Ferrous Metals Mining | 0.128 | 0.79% | -14.67% | 39.13% | 16.36% |
| 23 | 32 | BHP | BHP Group ADR | 86.74 | 0.78% | -0.47% | 8.55% | 40.45% |
| 24 | 40 | HCH.AX | Hot Chili | 1.52 | 0.66% | -6.17% | -5% | 5.56% |
| 25 | 7 | 2099.HK | China Gold International Resources | 218.2 | 0.55% | -18.15% | 59.27% | 34.86% |
| 26 | 24 | LUN.TO | Lundin Mining | 35.17 | 0.46% | 5.14% | 1.97% | 18.38% |
| 27 | 60 | CAML.L | Central Asia Metals PLC | 153.8 | 0.26% | -9.21% | 12.92% | -20.64% |
| 28 | 43 | MOON.V | Blue Moon Metals | 6.96 | 0.14% | -8.3% | -22.06% | 42.04% |
| 29 | 17 | SFR.AX | Sandfire Resources | 22.01 | 0.14% | 3.53% | 21.27% | 22.28% |
| 30 | 1 | A1M.AX | Aic Mines | 0.87 | 0% | 12.99% | 21.68% | 46.22% |
| 31 | 38 | CVERDEC1.LM | Sociedad Minera Cerro Verde | 69 | 0% | -2.53% | -0.58% | 44.51% |
| 32 | 54 | CYM.AX | Cyprium Metals | 0.43 | 0% | -17.31% | 6.17% | -25.86% |
| 33 | 29 | AIS.AX | Aeris Resources | 0.47 | 0% | -1.05% | 32.39% | -18.97% |
| 34 | 67 | CNL.TO | Collective Mining | 17.22 | -0.17% | -11.51% | -4.81% | -10.22% |
| 35 | 37 | COPX.K | $Global X Copper Miners ETF | 85.75 | -0.19% | -3.14% | 13.73% | 17.37% |
| 36 | 33 | COPP.O | SPROTT COPPER MINERS ETF | 42.47 | -0.28% | -0.96% | 13.5% | 20.11% |
| 37 | 25 | MINSURI1.LM | Minsur SA | 7.57 | -0.39% | -3.57% | 9.39% | 35.18% |
| 38 | 46 | LA.V | Los Andes Copper | 12.4 | -0.4% | -4.62% | 0.81% | 34.05% |
| 39 | 5 | CNB.AX | Carnaby Resources | 0.87 | -0.57% | -7.94% | 61.11% | 77.55% |
| 40 | 55 | FM.TO | First Quantum Minerals | 39.09 | -0.66% | -11.04% | -0.05% | 4.83% |
| 41 | 18 | TECKb.TO | Teck Resources Ltd. cls B | 97.1 | -0.68% | 5.42% | 15.6% | 47.14% |
| 42 | 4 | ERO.TO | Ero Copper | 53.67 | -0.7% | 9.15% | 51.35% | 34.54% |
| 43 | 27 | 1258.HK | China Nonferrous Mining | 15.51 | -0.83% | -6% | 30.78% | 2.04% |
| 44 | 9 | KRY.V | Koryx Copper | 3.51 | -0.85% | 1.45% | 13.23% | 37.65% |
| 45 | 16 | REG.V | Regulus Resources | 4.97 | -1% | 2.69% | 21.37% | 26.14% |
| 46 | 2 | TGB | Trekor Metals | 8.85 | -1.12% | 8.72% | 26.43% | 58.04% |
| 47 | — | AR1.AX | Austral Resources Australia | 0.071 | -1.39% | -2.74% | 9.23% | -10.13% |
| 48 | 50 | COPJ.O | Sprott Junior Copper Miners ETF | 43.23 | -1.68% | -4.86% | 10.39% | 7.7% |
| 49 | 6 | OM.TO | Osisko Metals | 1.74 | -1.69% | -0.57% | -1.14% | 120.25% |
| 50 | 57 | FFM.TO | Firefly Metals | 1.63 | -1.81% | -4.12% | -7.39% | -11.89% |
| 51 | 19 | ALS.TO | Altius Minerals | 64.53 | -1.9% | -3.05% | 3.7% | 50.56% |
| 52 | 70 | DVP.AX | Develop Global | 4.26 | -2.07% | -13.06% | -26.04% | -6.17% |
| 53 | 75 | ATX.TO | ATEX Resources | 2.17 | -2.25% | -10.33% | -5.65% | -37.82% |
| 54 | 65 | IE | Ivanhoe Electric | 10.19 | -2.39% | -2.02% | 12.6% | -37.68% |
| 55 | 39 | 5711.T | Mitsubishi Materials Corp | 4839 | -2.85% | -3.64% | 22.2% | 31.14% |
| 56 | 45 | CY5.AX | Cygnus Metals | 0.165 | -2.94% | -8.33% | 32% | -17.5% |
| 57 | 14 | 5713.T | Sumitomo Metal Mining Co Ltd | 9406 | -3.27% | -0.82% | 30.82% | 41.7% |
| 58 | 56 | III.TO | Imperial Metals | 8.17 | -3.31% | -11.29% | 13% | -17.89% |
| 59 | 73 | 1322.SE | Al Masane Al Kobra Mining | 68.25 | -3.4% | -16.97% | 0.37% | -23.61% |
| 60 | 64 | SLS.TO | Solaris Resources | 9.74 | -3.47% | -10.89% | -16.03% | -9.73% |
| 61 | 10 | KAN.AX | Kantra Copper | 1.155 | -3.75% | 0.43% | 24.19% | 60.42% |
| 62 | 28 | 1515.T | Nittetsu Mining | 3070 | -3.76% | -8.08% | 30.97% | 37.61% |
| 63 | 15 | HBM.TO | Hudbay Minerals | 37.24 | -3.97% | 1.39% | 21.9% | 34.93% |
| 64 | 72 | MARI.TO | Marimaca Copper | 8.1 | -4.37% | -14.83% | 4.52% | -28.45% |
| 65 | 68 | IVN.TO | Ivanhoe Mines Class A | 11.6 | -5.23% | -9.37% | 9.02% | -27.68% |
| 66 | 51 | CS.TO | Capstone Copper | 13.66 | -5.34% | -4.94% | 8.76% | 0.66% |
| 67 | 12 | FDY.TO | Faraday Copper | 5.2 | -5.63% | 0.97% | -10.19% | 81.18% |
| 68 | 66 | NGEX.TO | NGEX Minerals | 23.83 | -6% | -7.17% | -7.17% | -4.87% |
| 69 | 3 | ARG.TO | Amerigo Resources | 8.41 | -6.03% | 1.57% | 22.42% | 75.57% |
| 70 | 59 | KCP.V | King Copper Discovery | 0.7 | -6.67% | -22.22% | -21.35% | -20.45% |
| 71 | 62 | 29M.AX | 29Metals | 0.33 | -7.04% | -8.33% | 40.43% | -40.54% |
| 72 | — | LUNR.TO | LUNR Royalties Corp. | 17.48 | -7.17% | -17.31% | -10.27% | 34.46% |
| 73 | 77 | TNC.AX | True North Copper | 0.31 | -7.46% | -8.82% | -25.3% | -40.38% |
| 74 | 69 | SFR.V | Sandfire Resources America | 0.24 | -7.69% | -5.88% | 11.63% | -25% |
| 75 | 63 | SAG.V | Sterling Metals | 1.01 | -8.18% | -26.81% | -0.98% | -49.5% |
| 76 | 79 | WA1.AX | WA1 Resources | 8.68 | -8.44% | -18.27% | -27.73% | -54.79% |
| 77 | 44 | BIG.V | Hercules Metals | 1.08 | -9.24% | -27.03% | 74.19% | 45.95% |
| 78 | 74 | TMQ | Trilogy Metals | 2.8 | -9.39% | -14.37% | -13.85% | -39% |
| 79 | 71 | KGL.AX | KGL Resources | 0.16 | -11.11% | -8.57% | -20% | -20% |
| 80 | 26 | GLAD.V | Gladiator Metals | 2.12 | -11.67% | -17.83% | -32.7% | 90.99% |
| 81 | 78 | NDM.TO | Northern Dynasty Minerals | 1.6 | -16.23% | -17.53% | -35.22% | -40.07% |
Methodology and data notes
Figures reflect the October 9 weekly scanner and available historical observations. MA200 breadth comparisons use a matched sample; drawdown metrics exclude invalid observations. Relative volume and signed volume balance summarize trading participation but do not independently establish buying intent. ETFs and securities from different exchanges appear in the supplied universe; rankings should not be interpreted as single-currency price comparisons. Read the Methodology & Interpretation guide.
Independent quantitative research, not personalized investment advice. Data may contain omissions or errors.