Ivanhoe Electric Inc. (NYSE:IE) is considered one of the top copper stocks to buy by hedge funds. The company recently reported mixed second-quarter results, with a loss of $0.16 per share, beating revenue estimates by 44.32%. Cash and cash equivalents increased to $88.05 million, and the Santa Cruz Copper Project remains a key focus with a preliminary feasibility study confirming economic viability. Ivanhoe Electric leverages advanced technologies in its mining operations, but some believe there are better investment opportunities in AI stocks. The company’s stock may benefit from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Ivanhoe Electric (IE) Focused on Santa Cruz Copper Project amid Mixed Q2 Results