Gold Stocks To Keep An Eye On - May 9th

Key Points

• Freeport-McMoRan, Barrick Mining, and Newmont are the three gold stocks MarketBeat says investors should watch right now, based on recent dollar trading volume.
• Freeport-McMoRan remains a notable name despite mine delay concerns, with the article saying its long-term outlook stays strong as operations at Grasberg restart.
• Barrick Mining and Newmont are highlighted as major gold producers with broad global operations, making them key ways for investors to gain exposure to gold prices through equities.

Freeport-McMoRan, Barrick Mining, and Newmont are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. “Gold stocks” are shares of companies involved in the exploration, mining, refining, or production of gold. For stock market investors, they offer a way to gain exposure to gold prices through equity ownership in gold-related businesses rather than by buying physical gold itself. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Read Our Latest Research Report on FCX

Barrick Mining (B)

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.

Read Our Latest Research Report on B

Newmont (NEM)

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.

Read Our Latest Research Report on NEM

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