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Promising Mining Stocks To Add to Your Watchlist - March 11th

IREN logo with Finance background
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Key Points

  • IREN, CAT, and FNV are MarketBeat’s three mining stocks to watch, identified by the stock screener as having the highest dollar trading volume among mining names in recent days.
  • Mining stocks are cyclical and closely tied to commodity prices and production costs, so they tend to be more volatile and exposed to operational, geological, and geopolitical risks.
  • Company notes: IREN operates bitcoin mining data centers, Caterpillar manufactures construction and mining equipment globally, and Franco‑Nevada is a gold-focused royalty and streaming company with broad precious-metals exposure.
  • Interested in IREN? Here are five stocks we like better.

IREN, Caterpillar, and Franco-Nevada are the three 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 gold, silver, copper, coal, and other metals and minerals, so their performance is closely tied to commodity prices and production costs. Because mining companies face operational, geological, and geopolitical risks, their stocks tend to be more cyclical and volatile than broad-market equities, and investors use them to gain direct exposure to commodity movements or potential dividend income. 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

Franco-Nevada (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.

Read Our Latest Research Report on FNV

See Also

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Should You Invest $1,000 in IREN Right Now?

Before you consider IREN, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IREN wasn't on the list.

While IREN currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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