May 10, 2021 at 09:17 AM EDT These mining stocks are ahead after earnings; will you add them to your watchlist? Mining stocks have been very interesting to watch in the last year. The pandemic caused some materials like gold and silver to reach record prices in mid-2020. Now in 2021, gold and silver prices have slowed down. Prices of the two metals hovered around the same price point of above $1,700 and above $25 respectively that they had traded at for a few months now. That was until May 6 th , when gold finally broke through the $1,800 per ounce level. This is also when silver climbed above $27. The result of this was many gold stocks went up. The momentum that mining stocks experienced in the last year has brought a lot of new investors to the sector. There are a few questions on the table about what direction these stocks could go in. On one hand, the economy could recover and cause gold and silver prices and demand to go down. In this climate, there is still the opportunity
April 07, 2021 at 11:22 AM EDT These Mining Stocks Are Showing High Performance When it comes to mining stocks , the last year was unexpected to say the least. Things were going normally for these types of assets for a while before the pandemic happened. That was until the pandemic started and destroyed the economy. One month after the stock market tanked, mining stocks started to take off in value. This resulted in metals like gold and silver reaching new record highs. There are many types of mining stocks that are trending in the market. The most commonly traded assets in this sector are gold stocks and silver stocks . But there are many other types of mining stocks that have been high performing in the market recently. One example of this is lithium stocks , which have been huge market gainers. This is as a result of the growing electric vehicle market that uses lithium ion batteries. Another market impacted by electric vehicles are copper stocks. Copper stocks have seen growt