If you're wanting some mining sector exposure in September, then you may want to check out the three ASX shares named below.
That's because these ASX mining shares have recently been tipped as buys with plenty of upside potential. Here's what analysts are saying about them:
Azure Minerals Ltd (ASX: AZS)
The first ASX mining share that has been named as a buy is Azure Minerals. This lithium explorer owns 60% of the extremely promising Andover project in Western Australia. Bell Potter is a very big fan of the company and highlights that the project "could support a strategically significant spodumene concentrate business, close to bulk commodities ports, and major regional towns in Western Australia."
Bell Potter currently has a speculative buy rating and a lofty $5.15 price target on its shares.
Mineral Resources Ltd (ASX: MIN)
Another ASX mining share that has been given the thumbs up by analysts is Mineral Resources. It is a mining and mining services company with exposure to energy, iron ore, and lithium. Morgans is positive on the company and highlights that "FY24 is an important execution year in lithium and iron ore, but it will unlock years of bumper earnings beyond it."
The broker has an add rating and a $84 price target on Mineral Resources' shares.
Pilbara Minerals Ltd (ASX: PLS)
The team at Macquarie continues to believe that Pilbara Minerals is a top ASX mining share to buy. Its analysts have been very pleased with the lithium miner's performance and believe it is well-placed for the future thanks to its significant production growth plans. It appears to believe this growth will help to offset softer lithium prices and support its earnings and dividends.
Macquarie has an outperform rating and a $7.30 price target on the company's shares.
