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Mining Stocks To Keep An Eye On - April 14th

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Key Points

  • MarketBeat's screener names IREN, Caterpillar (CAT), Freeport-McMoRan (FCX), Newmont (NEM) and Vale (VALE) as the five mining stocks to watch, selected because they had the highest dollar trading volume among Mining stocks in recent days.
  • IREN Limited is included even though it operates bitcoin mining data centers rather than extracting metals, making it a nontraditional pick within the group.
  • Mining stocks offer direct exposure to commodity prices and the resources cycle but typically carry higher operational, regulatory and geopolitical risk and greater price volatility than many other equities.
  • MarketBeat previews the top five stocks to own by May 1st.

IREN, Caterpillar, Freeport-McMoRan, Newmont, 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 that explore for, develop, extract, and sometimes process mineral commodities such as gold, silver, copper, coal, and battery metals. For investors they offer direct exposure to commodity prices and the resources cycle, often with higher operational, regulatory and geopolitical risk and greater price volatility than many other equities. 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

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

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

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

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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