Best Mining Stocks To Follow Now - August 7th

Key Points

• ServiceNow, Berkshire Hathaway, and Caterpillar are highlighted as top mining stocks to watch, showing the highest trading volume recently.
• ServiceNow has a market cap of $179.99 billion and a price-to-earnings ratio of 108.92 with significant volatility reflected in its 52-week price range of $678.66 to $1,198.09.
• Berkshire Hathaway reported a market cap of $1.00 trillion and a P/E ratio of 15.92, while Caterpillar trades with a market cap of $196.26 billion and a P/E ratio of 21.19, both demonstrating robust financial standings.

ServiceNow, Berkshire Hathaway, and Caterpillar are the three Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of companies engaged in the exploration, extraction and processing of mineral resources such as gold, silver, copper, coal and other industrial metals. Their value tends to move with underlying commodity prices, as well as factors like production costs, geopolitical developments and regulatory changes. Because of their sensitivity to global demand and supply dynamics, mining stocks are often viewed as cyclical and higher‐risk components in an investment portfolio. These companies had the highest dollar trading volume of any Mining stocks within the last several days.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NYSE NOW traded down $46.99 during trading hours on Thursday, reaching $865.32. The stock had a trading volume of 1,621,032 shares, compared to its average volume of 1,682,112. The business's fifty day moving average price is $988.58 and its two-hundred day moving average price is $947.68. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.14. ServiceNow has a 52-week low of $678.66 and a 52-week high of $1,198.09. The firm has a market cap of $179.99 billion, a price-to-earnings ratio of 108.92, a P/E/G ratio of 4.08 and a beta of 0.93.

Read Our Latest Research Report on NOW

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of NYSE:BRK.B traded down $4.98 during trading on Thursday, reaching $463.93. 2,750,815 shares of the company's stock traded hands, compared to its average volume of 4,897,442. The firm has a market cap of $1.00 trillion, a PE ratio of 15.92, a P/E/G ratio of 3.23 and a beta of 0.81. The company has a 50-day simple moving average of $483.07 and a 200-day simple moving average of $496.62. Berkshire Hathaway has a fifty-two week low of $425.90 and a fifty-two week high of $542.07.

Read Our Latest Research Report on BRK.B

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Shares of CAT traded down $11.07 during mid-day trading on Thursday, hitting $416.66. 2,739,309 shares of the company's stock were exchanged, compared to its average volume of 2,725,547. Caterpillar has a fifty-two week low of $267.30 and a fifty-two week high of $441.15. The firm has a market capitalization of $196.26 billion, a P/E ratio of 21.19, a P/E/G ratio of 2.72 and a beta of 1.40. The company has a current ratio of 1.34, a quick ratio of 0.77 and a debt-to-equity ratio of 1.50. The business's 50 day moving average is $389.11 and its two-hundred day moving average is $354.92.

Read Our Latest Research Report on CAT

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