4 Miners Worth Buying Right Now: Glencore PLC, Anglo American plc, Fresnillo Plc & Antofagasta plc


It’s been a very poor six months for investors in Glencore (LSE: GLEN), with the diversified commodity business seeing its share price fall by 20%, as falling commodity prices have weighed heavily on investor sentiment. However, even if a deal to acquire Rio Tinto does not materialise, Glencore could see its share price rise at a rapid rate, since it offers truly staggering growth potential.

For example, over the next two years, Glencore is expected to increase its bottom line by 42% and 49% respectively. This means that, in 2016, its net profit is due to be 112% higher than it was in 2014, which would clearly be a superb result. And, with Glencore trading on a price to earnings growth (PEG) ratio of just 0.2, its shares seem to offer excellent value for money, as well as a very wide margin of safety.

Anglo American

With Anglo American’s (LSE: ALL) share price having fallen by 23% in the last year, it has suddenly become a very appealing income stock. For example, it currently yields a very attractive 5% from a dividend that is well-covered by profit. In fact, Anglo American has a dividend coverage ratio of 1.6, so that if commodity prices fall further then it should have sufficient capacity to make payments to shareholders.

In addition to being a viable income stock, Anglo American also offers stunning growth potential. For example, its bottom line is forecast to rise by 42% next year, which puts it on an ultra-low PEG ratio of just 0.2.


Since 2001, Fresnillo’s (LSE: FRES) bottom line has fallen by a staggering 93%, as weaker commodity prices have hurt the world’s largest silver producer. That’s clearly disappointing and, as such, it is of little surprise that the company’s share price has sunk by 24% in the last year alone.

However, it is set to make a major comeback. For example, Fresnillo’s bottom line is forecast to grow at a rapid rate over the next two years. This puts its shares on a PEG ratio of just 0.4, which indicates that they offer growth at a very reasonable price.

Certainly, further weakness in the silver price would hurt its performance but, with such a wide margin of safety, Fresnillo looks to be a strong, albeit risky, buy at the present time.


On the face of it, Antofagasta (LSE: ANTO) is a rather unappealing company investment at the present time. That’s because it trades at a premium to the FTSE 100, with it having a price to earnings (P/E) ratio of 16.8 versus 16 for the wider index. And, with its bottom line set to grow by just 2% this year, its near-term outlook is somewhat disappointing.

However, looking at next year, Antofagasta starts to make sense as an investment. That’s because it is forecast to increase its earnings by 38%, which puts it on a PEG ratio of just 0.4 and indicates that its shares could begin to see investor sentiment pick up as we move through the year. As such, now could be a great time to buy a slice of it.

Of course, Antofagasta, Glencore, Anglo American and Fresnillo aren't the only companies that could boost your portfolio returns. That's why the analysts at The Motley Fool have written a free and without obligation guide called 10 Steps To Making A Million In The Market.

It's a step-by-step guide that could make a real difference to your financial future and allow you to retire early, pay off your mortgage, or even build a seven-figure portfolio.

Click here to get your free and without obligation copy – it's well-worth a read!

Peter Stephens owns shares in Rio Tinto. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.