April 30, 2021 at 12:14 PM EDT Mining Stocks To Watch In May When it comes to investing in mining stocks, traders have a lot of options. Often many will go for gold stocks, which is one of the most commonly traded mining assets. This yellow metal reached a new record high last year. An alternative to gold may be something like silver stocks, which often perform similarly but trade at lower prices. There are also copper stocks, which have been performing better than usual recently. This has to do with increased demand and also a boom in electric vehicles. For instance, your average vehicle uses about 18-49 pounds of copper, but electric vehicles require a lot more of the metal to use in their technology. A traditional full-electric vehicle can use about 183 pounds of copper. A fully electric bus can use as much as 800 pounds of copper. Due to its lower cost and high conductivity, it is not likely to be replaced by another metal any time soon. For similar reasons, lithium stocks ar