Mining Stocks To Follow Now – March 3rd

Caterpillar, Newmont, and IREN are the three Mining stocks to watch today, according to MarketBeat’s stock screener tool. Mining stocks are shares of companies involved in exploring for, extracting, processing, and selling natural resources such as metals, minerals, and coal. For investors they provide exposure to commodity prices and can be highly cyclical and risky due to operational, geopolitical, regulatory and environmental factors, while sometimes offering dividends or leveraged returns when metal prices rise. These companies had the highest dollar trading volume of any Mining stocks within the last several days.

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.

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.