Free Trial

Top Mining Stocks To Follow Today - April 28th

IREN logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • IREN, Caterpillar (CAT), and Newmont (NEM) are the three mining stocks MarketBeat’s screener flags as ones to watch today, each posting the highest recent dollar trading volume among mining names.
  • IREN (formerly Iris Energy) operates bitcoin-mining data centers from Sydney, making it a crypto-mining play rather than a traditional commodity miner like CAT or NEM.
  • MarketBeat cautions that mining stocks are typically sensitive to commodity prices and face operational, environmental, regulatory, and geopolitical risks, which can produce cyclical and often higher volatility versus the broader market.
  • MarketBeat previews top five stocks to own in May.

IREN, Caterpillar, and Newmont are the three Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of companies that explore for, extract, process, and sell mined commodities such as gold, copper, coal, and other metals and minerals. For investors, these stocks are typically sensitive to commodity prices and carry company-specific and industry risks (operational, environmental, regulatory and geopolitical), often producing cyclical returns that can be more volatile than the broader market. 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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines