Best Mining Stocks Worth Watching – February 07th

ServiceNow, Berkshire Hathaway, Freeport-McMoRan, Centrus Energy, Linde, Barrick Gold, and Caterpillar are the seven Mining stocks to watch today, according to MarketBeat’s stock screener tool. Mining stocks are shares of publicly-traded companies that are involved in the exploration, development, and production of natural resources such as metals, minerals, and precious stones. Investors can purchase mining stocks as a way to gain exposure to the commodities market and potentially benefit from rising prices of these resources. These stocks are typically more volatile and speculative than traditional stocks due to fluctuations in commodity prices and factors affecting the mining industry. These companies had the highest dollar trading volume of any Mining stocks within the last several days.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NOW traded down $9.62 during midday trading on Friday, reaching $1,013.68. The company’s stock had a trading volume of 686,837 shares, compared to its average volume of 1,660,387. The stock has a market cap of $208.82 billion, a P/E ratio of 148.37, a PEG ratio of 4.74 and a beta of 0.99. The company has a fifty day simple moving average of $1,081.18 and a 200 day simple moving average of $962.06. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B traded down $2.04 during midday trading on Friday, reaching $475.19. The company’s stock had a trading volume of 1,135,042 shares, compared to its average volume of 3,948,720. The stock has a market cap of $1.02 trillion, a P/E ratio of 9.60, a PEG ratio of 3.36 and a beta of 0.88. The company has a fifty day simple moving average of $460.97 and a 200 day simple moving average of $457.09. Berkshire Hathaway has a twelve month low of $392.10 and a twelve month high of $491.67.

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Shares of FCX stock traded up $0.92 during mid-day trading on Friday, reaching $38.07. The stock had a trading volume of 13,181,581 shares, compared to its average volume of 14,505,543. The firm’s 50 day simple moving average is $39.48 and its 200 day simple moving average is $43.13. The company has a quick ratio of 1.18, a current ratio of 2.42 and a debt-to-equity ratio of 0.31. Freeport-McMoRan has a one year low of $34.89 and a one year high of $55.24. The firm has a market cap of $54.70 billion, a PE ratio of 29.51, a P/E/G ratio of 0.85 and a beta of 1.85.

Centrus Energy (LEU)

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.

Shares of LEU stock traded up $23.87 during mid-day trading on Friday, reaching $105.68. The stock had a trading volume of 3,100,569 shares, compared to its average volume of 825,545. The firm’s 50 day simple moving average is $76.45 and its 200 day simple moving average is $65.12. The company has a quick ratio of 1.03, a current ratio of 1.63 and a debt-to-equity ratio of 1.44. Centrus Energy has a one year low of $33.51 and a one year high of $118.36. The firm has a market cap of $1.73 billion, a PE ratio of 22.07 and a beta of 1.17.

Linde (LIN)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Shares of Linde stock traded down $4.49 during midday trading on Friday, hitting $456.19. 706,897 shares of the company were exchanged, compared to its average volume of 2,336,519. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.81. The firm has a market cap of $217.22 billion, a P/E ratio of 34.63, a PEG ratio of 2.77 and a beta of 0.94. Linde has a 52 week low of $410.69 and a 52 week high of $487.49. The firm has a 50 day simple moving average of $434.48 and a 200-day simple moving average of $453.49.

Barrick Gold (GOLD)

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.

Shares of Barrick Gold stock traded down $0.01 during midday trading on Friday, hitting $17.18. 18,665,772 shares of the company were exchanged, compared to its average volume of 19,488,602. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.65 and a quick ratio of 2.06. The firm has a market cap of $29.66 billion, a P/E ratio of 18.47, a PEG ratio of 0.36 and a beta of 0.55. Barrick Gold has a 52 week low of $13.76 and a 52 week high of $21.35. The firm has a 50 day simple moving average of $16.20 and a 200-day simple moving average of $18.19.

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 Caterpillar stock traded down $1.37 during midday trading on Friday, hitting $364.09. 735,807 shares of the company were exchanged, compared to its average volume of 2,338,164. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. The firm has a market cap of $175.78 billion, a P/E ratio of 16.50, a PEG ratio of 1.95 and a beta of 1.12. Caterpillar has a 52 week low of $307.05 and a 52 week high of $418.50. The firm has a 50 day simple moving average of $377.44 and a 200-day simple moving average of $371.18.