Best Mining Stocks Worth Watching - January 21st

Key Points

• MarketBeat highlights five mining stocks to watch: IREN, Newmont (NEM), Freeport-McMoRan (FCX), Caterpillar (CAT), and Vale (VALE).
• Notably, IREN is a bitcoin-mining data-center operator rather than a traditional commodity miner, while the others focus on metals and mining equipment.
• These stocks were selected for having the highest dollar trading volume among mining names recently, and MarketBeat cautions that mining stocks track commodity prices but carry higher volatility and operational, geopolitical, regulatory, and financing risks.

IREN, Newmont, Freeport-McMoRan, Caterpillar, and Vale are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of publicly traded companies involved in exploring for, developing, and producing mined commodities—such as gold, copper, coal, diamonds, and battery minerals—ranging from small explorers to large integrated producers. Their share prices generally track underlying commodity prices and are affected by operational, geopolitical, regulatory, and financing risks, so they offer commodity exposure but often with higher volatility and company-specific risk. These companies had the highest dollar trading volume of any Mining stocks within the last several days.

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Read Our Latest Research Report on IREN

Newmont (NEM)

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.

Read Our Latest Research Report on NEM

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Read Our Latest Research Report on FCX

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.

Read Our Latest Research Report on CAT

Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

Read Our Latest Research Report on VALE

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