Promising Mining Stocks To Research - September 30th

Key Points

• IREN Limited is a leading bitcoin mining company that has seen a significant rise of 186% year-to-date due to its pivot towards artificial intelligence.
• Freeport-McMoRan and Newmont Corporation are two major mining companies engaged in diverse mineral explorations, including copper, gold, and silver, across various geographical regions.
• Riot Platforms operates as a bitcoin mining company in North America, offering services including data center hosting and engineering for institutional-scale mining.

IREN, Freeport-McMoRan, Newmont, Barrick Mining, and Riot Platforms are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are equity shares in companies that explore for, develop and extract natural resources—such as gold, copper, coal or rare-earth metals—from the earth. By holding these stocks, investors gain leveraged exposure to the underlying commodity prices and industry-specific risks (like operational challenges, regulatory changes or geopolitical factors). 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

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

Barrick Mining (B)

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.

Read Our Latest Research Report on B

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.

Read Our Latest Research Report on RIOT