Mining Stocks To Watch Today - October 20th

Key Points

• IREN Limited is a key player in the bitcoin mining sector and has seen a 186% increase year-to-date due to an AI pivot.
• Cleveland-Cliffs is noted as the largest flat-rolled steel company and iron ore pellet producer in North America, representing significant vertical integration in the mining industry.
• MP Materials specializes in rare earth materials and operates the Mountain Pass Rare Earth mine, playing a critical role in the supply chain for these essential minerals.

IREN, Cleveland-Cliffs, MP Materials, USA Rare Earth, and Newmont are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of companies that explore for, develop, and extract natural resources such as metals (gold, silver, copper), coal, or industrial minerals. For investors, these stocks provide exposure to commodity prices and carry additional operational, geopolitical, and regulatory risks that can make their prices more volatile than broader market 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

Cleveland-Cliffs (CLF)

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc.

Read Our Latest Research Report on CLF

MP Materials (MP)

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals.

Read Our Latest Research Report on MP

USA Rare Earth (USAR)

USA Rare Earth, Inc. is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.

Read Our Latest Research Report on USAR

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