Top Mining Stocks Worth Watching – December 15th

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, and process mineral resources such as gold, copper, coal, and rare earths. For investors, they offer exposure to commodity prices and the sector’s profit potential but are typically cyclical and sensitive to changes in commodity prices, production costs, geopolitical risk, and environmental/regulatory issues. The category includes producers, developers, and explorers, which differ markedly in risk and return profiles. 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.

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.

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.