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Top Mining Stocks To Follow Today - September 28th

IREN logo with Finance background

Key Points

  • IREN Limited has seen a remarkable 186% increase year-to-date, driven by its pivot towards AI in its bitcoin mining operations.
  • Freeport-McMoRan, a major player in the mining sector, has extensive operations across North and South America, focusing on various minerals including copper and gold.
  • MP Materials dominates the rare earth materials market in North America through its Mountain Pass mine, holding vital mineral rights and processing capabilities.
  • MarketBeat previews top five stocks to own in October.

IREN, Freeport-McMoRan, and MP Materials are the three Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of publicly traded companies that explore for, develop and extract mineral resources—such as gold, copper, coal or industrial metals—and often process those materials for sale. For investors, they provide direct exposure to commodity price swings and the broader resources sector, but can carry heightened risks from factors like volatile commodity markets, geopolitical developments and operational hurdles. 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

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

Read More

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

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