Mining Stocks To Watch Now – November 15th

Caterpillar, IREN, and Pan American Silver 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, or process resources such as gold, copper, and coal. For investors, they offer exposure to commodity prices, but their value can also be affected by production costs, operations, regulations, and political risks. 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.

Shares of NYSE:CAT traded down $5.48 during trading on Friday, reaching $599.80. The stock had a trading volume of 2,287,211 shares, compared to its average volume of 3,857,929. The business has a fifty day moving average price of $740.65 and a 200-day moving average price of $805.20. The company has a quick ratio of 0.88, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. The stock has a market cap of $274.46 billion, a P/E ratio of 23.53, a PEG ratio of 1.05 and a beta of 1.65. Caterpillar has a fifty-two week low of $537.08 and a fifty-two week high of $1,073.46.

Read Our Latest Research Report on CAT

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.

Shares of IREN traded down $1.31 on Friday, hitting $18.17. 69,543,225 shares of the stock traded hands, compared to its average volume of 67,927,936. IREN has a 1 year low of $17.16 and a 1 year high of $70.71. The stock’s 50 day moving average is $34.05 and its two-hundred day moving average is $42.73. The firm has a market capitalization of $7.71 billion, a P/E ratio of -4.45 and a beta of 4.33. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.77.

Read Our Latest Research Report on IREN

Pan American Silver (PAAS)

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.

PAAS stock traded down $0.22 during midday trading on Friday, hitting $37.50. The stock had a trading volume of 15,033,373 shares, compared to its average volume of 4,860,737. The firm has a market cap of $15.46 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 4.23 and a beta of 0.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.72 and a quick ratio of 2.03. Pan American Silver has a 12-month low of $35.82 and a 12-month high of $69.99. The company’s 50-day moving average price is $44.66 and its 200 day moving average price is $50.85.

Read Our Latest Research Report on PAAS

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