Top Mining Stocks Worth Watching – April 20th

IREN, USA Rare Earth, and Caterpillar are the three Mining stocks to watch today, according to MarketBeat’s stock screener tool. Mining stocks are shares of companies involved in the exploration, development, extraction and processing of natural resources such as gold, copper, coal, uranium and industrial minerals. For investors they tend to be cyclical and highly sensitive to commodity prices, operational and geopolitical risks, and often offer greater leverage to resource price moves along with higher volatility and project-specific 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.

USA Rare Earth (USAR)

USA Rare Earth, Inc. is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.

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.