On the lookout for one of the best FTSE 250 shares to purchase subsequent month? Listed below are two momentum heroes to contemplate that I believe may carry on flying.

The miner

Rocketing costs for treasured metals have pushed Hochschild Mining (LSE:HOC) shares 119% larger over the previous 12 months. I believe there might be additional to go.

Bullion costs are hovering to new highs close to $3,000 per ounce, as inflationary dangers and geopolitical tensions improve. These threats may linger as pressure over US protectionism and defence coverage in Europe worsen.

Investing in mining shares like Hochschild continues to be a dangerous endeavour regardless of this encouraging image. Commodities markets are famously risky, and a sudden change in market sentiment may as an alternative pull treasured metals sharply decrease.

The enterprise of metals extraction can be extremely unpredictable. Earnings-sapping issues on the exploration, mine growth and manufacturing phases could be commonplace.

Simply final month, Hochschild warned of higher-than-forecast prices as a consequence of inflationary pressures. Information of this pulled its share price sharply decrease in January, and it’s down round 12% within the 12 months so far.

I’d argue that, on stability, the outlook stays fairly vibrant for Hochschild and its share price. And I don’t consider that is baked into the present share price of 195.2p.

At the moment, the gold and silver miner trades on a ahead price-to-earnings (P/E) ratio of 6 occasions. It additionally offers on a price-to-earnings progress (PEG) ratio of 0.1. Any studying beneath 1 implies {that a} share is undervalued.

Hochschild’s shares are recovering following final month’s shock. They’re up 3% prior to now month, and I believe they may proceed rising strongly, helped by the corporate’s rock-bottom valuation.

The defence contractor

Babcock Worldwide (LSE:BAB) shares have skilled no such turbulence at the beginning of 2025. They’re up 30% within the 12 months so far the truth is, that means the defence share’s up greater than a 3rd over the previous 12 months.

May it have additional to run? I believe so, fuelled by ongoing battle in Ukraine and indicators of wavering from the US for its NATO colleagues. It’s a mixture analysts assume will increase European arms spending by tons of of billions of kilos.

Babcock’s sturdy relationships with NATO members France, Canada, Australia and the UK imply it’s prone to see sturdy and sustained demand for its companies.

Gross sales right here had been up 11% 12 months on 12 months within the six months to September. And final month the agency stated sturdy demand had continued throughout the third quarter and into January, main it to improve earnings forecasts for the complete 12 months.

Babcock’s valuation has risen sharply in 2025. But with a ahead P/E ratio of 14.4 occasions, it nonetheless trades at a wholesome low cost to the broader UK defence sector. BAE Methods‘ shares, for instance, now command a P/E ratio of just below 18 times. On top of this, the firm’s PEG ratio sits at a discount basement 0.3.

Hovering sector demand leaves Babcock weak to potential provide chain points. However on stability, I nonetheless consider the FTSE 250 agency’s a prime inventory to contemplate proper now.