Group 1: Market Overview - Commodities and safe haven assets are gaining attention on Wall Street amid ongoing tariff issues [1] - The focus is on three mining companies: Newmont Corporation, First Majestic Silver Corp, and Rio Tinto plc [1] Group 2: Newmont Corporation (NEM) - Newmont's stock is currently down 0.4% at $52.63, having stabilized near a $52 floor and its 20-day moving average [2] - Despite a 41% gain projected for 2025, Newmont stock appears vulnerable to downgrades, with 13 out of 20 analysts maintaining a "buy" or better rating [2] Group 3: First Majestic Silver Corp (AG) - First Majestic is down 2.4% at $6.18, struggling to surpass the $6.50 mark, and is facing its first potential loss in four sessions [3] - The stock has a year-to-date gain of 12%, but short interest has increased by 39.3%, representing 5.3% of the stock's float, indicating potential for a short squeeze [3] Group 4: Rio Tinto plc (RIO) - Rio Tinto's shares are attempting a rebound, currently up 0.6% at $60.33, recovering from a two-year low of $51.67 [4] - The stock is now above its year-to-date breakeven point, and options are considered affordable, with a Schaeffer's Volatility Index (SVI) of 24% ranking in the 11th annual percentile [4]
3 Mining Stocks to Watch Amid Tariff Updates