Source: https://openai.com/dall-e-3/
The machines have emerged and the results for RealRate’s 2023 ranking for U.S. Mining are now available and ranked by financial strength!
The Top 10 Mining companies are as follows:
Source: https://news.realrate.ai/rankings/
The top 3 Mining companies in order are Enertorpia Corp., Compass Minerals International Inc., and International Tower Hill Mines.
They had Economic Capital Ratio figures of 314%, 299%, and 240%, respectively.
All 3 companies did well due to the Other Net Income, Net Income, and Current Liabilities variables, respectively. This increased the companies’ Economic Capital Ratio scores by 192%, 137%, and 68%, respectively.
Entertopia was in 48th place last year, so a superb shift upward. Compass Minerals International didn’t make the list last year so another great performance to make it into 2nd spot. International Tower Hill Mines was 4th last year so has made steady progress to this year’s 3rd place. Well done to all!
From a total of 71 Mining companies, 17 received our ‘Top Rated’ award.
Source: https://news.realrate.ai/rankings/
Source: https://openai.com/dall-e-3/
The next 10 Mining companies are as follows:
Source: https://news.realrate.ai/rankings/
The American mining industry encompasses a vast array of minerals, from coal to copper, contributing significantly to the nation’s economy. In 2021, the industry generated over $700 billion in revenue, with key sectors like coal, gold, and iron ore playing pivotal roles in both domestic consumption and global trade.
Mining in the U.S. has seen its revenue grow at a CAGR of 3.9% over the past five years, to reach an estimated $944.1bn in 2023.
The amazing thing we do at RealRate is to deliver fair and independent ratings, bringing together expert knowledge with groundbreaking AI.
It is this AI model that computes the crucial Economic Capital Ratio figure.
Being unbiased is part of our technology and business. We are not connected to any mining company, and we are always fair and extremely explainable.
What we are doing is revolutionary for the industry and we are so excited to be offering this service to the market.
