Mining Stocks To Keep An Eye On – February 01st

ServiceNow, Berkshire Hathaway, Linde, Caterpillar, Phillips 66, Freeport-McMoRan, and Riot Platforms are the seven Mining stocks to watch today, according to MarketBeat’s stock screener tool. Mining stocks refer to the stocks of companies involved in the exploration, extraction, and production of minerals, metals, and other geological resources. Investing in mining stocks allows investors to gain exposure to the potential profits and risks associated with the mining industry, which can be influenced by factors such as commodity prices, operational challenges, and regulatory changes. 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 up $7.42 during midday trading on Friday, reaching $1,020.17. 2,866,592 shares of the company’s stock were exchanged, compared to its average volume of 1,263,238. ServiceNow has a one year low of $637.99 and a one year high of $1,198.09. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The business has a 50-day simple moving average of $1,083.66 and a two-hundred day simple moving average of $954.46. The firm has a market capitalization of $210.16 billion, a price-to-earnings ratio of 149.37, a price-to-earnings-growth ratio of 5.19 and a beta of 0.99.

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.

Berkshire Hathaway stock traded down $3.96 during mid-day trading on Friday, hitting $468.39. 5,439,638 shares of the company were exchanged, compared to its average volume of 3,727,255. The company has a market capitalization of $1.01 trillion, a PE ratio of 9.46, a price-to-earnings-growth ratio of 3.36 and a beta of 0.88. The business has a fifty day moving average of $461.75 and a 200 day moving average of $456.09. Berkshire Hathaway has a 1-year low of $381.48 and a 1-year high of $491.67.

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 NASDAQ LIN traded down $0.26 during mid-day trading on Friday, hitting $446.12. 2,816,315 shares of the stock were exchanged, compared to its average volume of 2,102,308. Linde has a twelve month low of $396.07 and a twelve month high of $487.49. The stock’s fifty day simple moving average is $434.54 and its two-hundred day simple moving average is $453.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.81 and a current ratio of 0.96. The company has a market cap of $212.42 billion, a P/E ratio of 33.87, a PEG ratio of 2.72 and a beta of 0.94.

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.

CAT stock traded down $3.10 during midday trading on Friday, reaching $371.88. 2,857,909 shares of the company’s stock traded hands, compared to its average volume of 1,986,694. Caterpillar has a 1-year low of $299.93 and a 1-year high of $418.50. The company has a market cap of $179.54 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 2.05 and a beta of 1.13. The company has a quick ratio of 0.86, a current ratio of 1.40 and a debt-to-equity ratio of 1.33. The company has a 50-day simple moving average of $380.88 and a two-hundred day simple moving average of $371.00.

Phillips 66 (PSX)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Shares of NYSE PSX traded down $3.60 during trading on Friday, reaching $117.24. The company had a trading volume of 7,253,655 shares, compared to its average volume of 2,488,261. Phillips 66 has a 52 week low of $108.90 and a 52 week high of $174.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 1.21. The business’s 50 day moving average price is $120.54 and its 200-day moving average price is $128.56. The stock has a market cap of $48.42 billion, a PE ratio of 15.05, a PEG ratio of 4.03 and a beta of 1.38.

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 NYSE FCX traded down $0.83 during midday trading on Friday, hitting $35.81. The stock had a trading volume of 13,384,377 shares, compared to its average volume of 13,272,459. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.42 and a quick ratio of 1.18. Freeport-McMoRan has a fifty-two week low of $35.46 and a fifty-two week high of $55.24. The firm has a market cap of $51.46 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 0.86 and a beta of 1.87. The company’s 50-day simple moving average is $40.06 and its 200 day simple moving average is $43.43.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

NASDAQ:RIOT traded down $0.02 on Friday, hitting $11.88. 38,257,507 shares of the stock were exchanged, compared to its average volume of 31,826,474. Riot Platforms has a 52 week low of $6.36 and a 52 week high of $18.36. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 27.63 and a beta of 4.22. The company’s 50-day moving average price is $12.08 and its 200 day moving average price is $10.19.