Mining Stocks To Follow Today – May 4th

IREN, Caterpillar, and BitMine Immersion Technologies are the three Mining stocks to watch today, according to MarketBeat’s stock screener tool. Mining stocks are shares of companies that explore for, develop, and extract natural resources such as gold, silver, copper, iron ore, coal, and other minerals. Investors buy them to gain exposure to commodity prices and producers’ operational performance, but they tend to be cyclical and often carry higher operational, regulatory, and geopolitical risks than many other sectors. 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.

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies Inc. focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc. is based in ATLANTA, GA.