Mining Stocks To Add to Your Watchlist - November 4th

Key Points

• MarketBeat’s high-volume mining-stock watchlist includes Caterpillar, bitcoin miners IREN, Riot Platforms and TeraWulf, and gold producer Newmont.
• Wednesday trading was mixed: Caterpillar, IREN and TeraWulf fell, while Riot Platforms and Newmont rose. IREN traded at $22.19, far below its 52-week high of $76.87.
• The stocks carry differing risk profiles: bitcoin miners IREN, Riot and TeraWulf have high betas, while Newmont’s beta is lower at 0.56; TeraWulf also reported a high debt-to-equity ratio of 27.25.

Caterpillar, IREN, Riot Platforms, TeraWulf, and Newmont are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of publicly traded companies that explore for, extract, and process natural resources such as gold, silver, copper, coal, or lithium. Their prices are often influenced by commodity prices, production costs, reserves, regulatory conditions, and broader economic trends, making them potentially profitable but also volatile investments. These companies had the highest dollar trading volume of any Mining stocks within the last several days.

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 Caterpillar stock traded down $36.54 on Wednesday, reaching $587.40. 3,447,612 shares of the company traded hands, compared to its average volume of 2,872,342. The company has a 50 day moving average of $775.16 and a 200 day moving average of $807.33. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.42 and a quick ratio of 0.88. Caterpillar has a 52 week low of $537.08 and a 52 week high of $1,073.46. The firm has a market capitalization of $270.01 billion, a PE ratio of 23.03, a PEG ratio of 1.05 and a beta of 1.65.

Read Our Latest Research Report on CAT

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.

Shares of NASDAQ IREN traded down $2.27 during trading on Wednesday, reaching $22.19. 48,182,812 shares of the stock traded hands, compared to its average volume of 43,721,234. The stock has a market capitalization of $8.74 billion, a P/E ratio of -9.51 and a beta of 4.33. IREN has a 52-week low of $21.05 and a 52-week high of $76.87. The company has a debt-to-equity ratio of 1.80, a current ratio of 3.55 and a quick ratio of 3.55. The company has a 50-day moving average of $37.09 and a 200-day moving average of $44.11.

Read Our Latest Research Report on IREN

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

RIOT traded up $2.04 on Wednesday, hitting $16.06. The company's stock had a trading volume of 60,424,546 shares, compared to its average volume of 18,700,158. Riot Platforms has a 12 month low of $11.50 and a 12 month high of $30.32. The company's 50 day simple moving average is $18.49 and its 200-day simple moving average is $19.35. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.27. The firm has a market cap of $6.03 billion, a P/E ratio of -4.13 and a beta of 3.91.

Read Our Latest Research Report on RIOT

TeraWulf (WULF)

WULF stock traded down $0.55 during mid-day trading on Wednesday, reaching $11.98. 48,497,990 shares of the company traded hands, compared to its average volume of 32,593,559. The company has a fifty day moving average price of $14.52 and a 200-day moving average price of $17.99. The company has a market capitalization of $5.98 billion, a P/E ratio of -2.74 and a beta of 4.00. TeraWulf has a 52-week low of $10.35 and a 52-week high of $29.84. The company has a debt-to-equity ratio of 27.25, a current ratio of 0.75 and a quick ratio of 0.75.

Read Our Latest Research Report on WULF

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.

NYSE:NEM traded up $9.68 during trading hours on Wednesday, hitting $117.15. 4,246,994 shares of the company's stock traded hands, compared to its average volume of 8,422,403. The firm has a market cap of $121.74 billion, a P/E ratio of 13.62, a P/E/G ratio of 1.99 and a beta of 0.56. The company has a quick ratio of 2.16, a current ratio of 2.45 and a debt-to-equity ratio of 0.15. The business's fifty day simple moving average is $119.68 and its two-hundred day simple moving average is $112.42. Newmont has a 52 week low of $80.49 and a 52 week high of $135.29.

Read Our Latest Research Report on NEM

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