Mining company shares can be volatile along with the price of the underlying commodities they produce
When the economy does poorly and people aren't buying as much stuff, such as during the height of the pandemic lockdowns
shares of industrial metals producers tend to not do well
The opposite is true when the economy begins to recover, such as during the period after the worst of the pandemic
Gold is a bit of a different animal, as it is considered a safe haven and can rise when there's lots of angst about the economy
With these dynamics swirling, let's dig into six of the best mining stocks to consider this year.
– BHP Group Ltd. (BHP) – Rio Tinto Group (RIO) – Glencore PLC (GLNCY)
– Freeport-McMoRan Inc. (FCX) – Newmont Corp. (NEM) – Barrick Gold Corp. (GOLD)
To learn about "7 Best Oil and Gas Stocks [ USA Stocks ] to Buy" click below