Top Mining Stocks To Watch Today - October 18th

Key Points

• IREN Limited, formerly Iris Energy Limited, specializes in operating bitcoin mining data centers and has shown a significant year-to-date growth of 186% due to its AI strategies.
• Newmont Corporation is primarily engaged in gold production and exploration, holding operations and assets across multiple countries including the USA, Canada, and Australia.
• Centrus Energy Corp. supplies nuclear fuel services internationally, with business segments focusing on Low-Enriched Uranium and Technical Solutions for the nuclear power industry.

IREN, Newmont, Caterpillar, MP Materials, Royal Gold, Cipher Mining, and Centrus Energy are the seven Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are shares of companies that explore for, develop, and extract mineral resources such as gold, copper, iron ore, coal, and other commodities. Investors buy them to gain exposure to commodity prices and potential resource discoveries, but they tend to be more volatile and carry specific operational, geopolitical, environmental, and regulatory risks. 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

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

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

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

Royal Gold (RGLD)

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.

Read Our Latest Research Report on RGLD

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

Centrus Energy (LEU)

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.

Read Our Latest Research Report on LEU