Top Mining Stocks To Follow Now - October 5th

Key Points

• IREN, Lithium Americas, Caterpillar, USA Rare Earth, and MP Materials are highlighted as the top mining stocks today, based on trading volume within the sector.
• IREN Limited has seen a significant increase, up 186% year-to-date, driven by its pivot towards artificial intelligence.
• Lithium Americas is actively involved in lithium exploration and holds crucial interests in projects like the Thacker Pass in Nevada.

IREN, Lithium Americas, Caterpillar, USA Rare Earth, and MP Materials are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of companies that explore for, extract and process mineral resources such as gold, copper, coal and other metals. By buying these stocks, investors gain exposure to commodity price movements—profits can rise when metal prices climb but operational, geopolitical and regulatory risks can also weigh heavily. As a result, mining stocks often add both diversification and volatility to a broader investment portfolio. 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

Lithium Americas (LAC)

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.

Read Our Latest Research Report on LAC

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

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

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

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