RealRate has gone below ground and emerged with the strongest Mining companies in the United States for 2022, using its amazing AI. The results are sorted by financial strength and are below.
The Top 10 Mining companies are as follows:
Source: https://realrate.ai/rankings/
The top 3 companies in order are Contango Ore, Texas Mineral Resources and Fortitude Gold. They have Economic Capital Ratio figures of 385%, 331% and 263% respectively.
Contango Ore did well due to its strong Other Net Income figure. Texas Mineral Resources and Fortitude Gold did well due to strong Liabilities scores.
Contango Ore move up a huge 69 places from 2021. Texas Mineral Resources and Fortitude Gold did not feature in 2021’s ratings, although Texas Mineral Resources finished 44th in 2020.
18 companies received our ‘Top Rated’ award.
Source: https://realrate.ai/rankings/
Source: https://openai.com/dall-e-2/
The next 10 companies in the ranking are as follows:
Source: https://realrate.ai/rankings/
Although 10% under what it was in 2022, the U.S. Mining industry is truly huge, estimated at being worth $944 billion in 2023.
The market size of the Mining industry in the U.S. has grown 3.9% per year on average between 2018 and 2023.
The industry includes extraction of minerals, solids (coal and ores), liquids (like crude petroleum), and gases like natural gas.
RealRate brings to the market a rating system that is truly independent and fair.
We have expert knowledge and use cutting-edge artificial intelligence to computes the Economic Capital Ratio figure.
We are unbiased and work only with audited public data. We are not only fair but also explainable and, above all, have no conflicts of interest.
AI truly no longer needs to be a black box.
RealRate: revolutionising the ratings industry one rating at a time.
