Gold Stocks To Research - August 15th

Key Points

• MarketBeat highlights seven gold stocks to watch, including Robinhood Markets, CocaCola, and Newmont, based on their recent high trading volumes.
• Robinhood Markets saw its shares trade at $112.27 with a market cap of $99.77 billion, while CocaCola shares reached $70.04, reflecting their market performances.
• Newmont Corporation specializes in gold production and exploration, with shares trading at $69.29, indicating strong interest in gold-related investments.

Robinhood Markets, CocaCola, Newmont, Cadence Design Systems, Freeport-McMoRan, Kinross Gold, and General Mills are the seven Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies that explore for, mine, refine or otherwise produce gold. They give investors exposure to the price of gold while also reflecting company-specific factors such as mine production costs, reserve levels and management performance. Because operational risks and profitability vary by firm, gold stocks can be more volatile than physical bullion and may offer dividends in addition to price-related gains. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

HOOD traded up $1.56 on Friday, reaching $112.27. The company had a trading volume of 20,476,631 shares, compared to its average volume of 41,658,949. Robinhood Markets has a 1 year low of $18.71 and a 1 year high of $117.70. The stock has a market capitalization of $99.77 billion, a PE ratio of 57.04, a P/E/G ratio of 4.14 and a beta of 2.36. The stock has a 50-day moving average price of $94.57 and a 200-day moving average price of $65.70.

Read Our Latest Research Report on HOOD

CocaCola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Shares of CocaCola stock traded up $0.49 during trading on Friday, reaching $70.04. The company's stock had a trading volume of 5,359,634 shares, compared to its average volume of 16,852,256. The company has a 50-day moving average price of $70.05 and a two-hundred day moving average price of $70.06. The firm has a market cap of $301.41 billion, a PE ratio of 24.84, a P/E/G ratio of 3.67 and a beta of 0.44. CocaCola has a fifty-two week low of $60.62 and a fifty-two week high of $74.38. The company has a current ratio of 1.21, a quick ratio of 0.98 and a debt-to-equity ratio of 1.49.

Read Our Latest Research Report on KO

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.

Shares of Newmont stock traded up $0.81 during trading on Friday, reaching $69.29. The company's stock had a trading volume of 3,728,946 shares, compared to its average volume of 11,915,830. The company has a 50-day moving average price of $60.66 and a two-hundred day moving average price of $52.92. The firm has a market cap of $76.11 billion, a PE ratio of 12.44, a P/E/G ratio of 0.81 and a beta of 0.30. Newmont has a fifty-two week low of $36.86 and a fifty-two week high of $70.29. The company has a current ratio of 2.23, a quick ratio of 1.91 and a debt-to-equity ratio of 0.23.

Read Our Latest Research Report on NEM

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

Shares of CDNS stock traded up $0.85 during midday trading on Friday, hitting $349.77. The company had a trading volume of 627,147 shares, compared to its average volume of 2,048,871. The company's 50 day simple moving average is $323.83 and its 200 day simple moving average is $293.66. Cadence Design Systems has a 52-week low of $221.56 and a 52-week high of $376.45. The stock has a market cap of $95.31 billion, a price-to-earnings ratio of 94.55, a PEG ratio of 4.58 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.82 and a quick ratio of 2.67.

Read Our Latest Research Report on CDNS

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.

NYSE FCX traded up $0.11 during trading hours on Friday, hitting $42.39. 3,747,273 shares of the stock were exchanged, compared to its average volume of 15,916,314. The company has a quick ratio of 1.21, a current ratio of 2.47 and a debt-to-equity ratio of 0.30. Freeport-McMoRan has a 12-month low of $27.66 and a 12-month high of $52.61. The company has a market cap of $60.92 billion, a price-to-earnings ratio of 32.11, a price-to-earnings-growth ratio of 0.81 and a beta of 1.63. The stock has a 50-day moving average of $42.99 and a 200 day moving average of $39.18.

Read Our Latest Research Report on FCX

Kinross Gold (KGC)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.

Shares of Kinross Gold stock traded up $0.24 during trading on Friday, reaching $19.13. The company's stock had a trading volume of 8,177,772 shares, compared to its average volume of 20,888,951. The company has a quick ratio of 1.45, a current ratio of 2.84 and a debt-to-equity ratio of 0.16. Kinross Gold has a 12-month low of $8.31 and a 12-month high of $19.45. The company has a market capitalization of $23.24 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 0.63 and a beta of 0.55. The business has a 50 day moving average price of $16.15 and a 200-day moving average price of $14.05.

Read Our Latest Research Report on KGC

General Mills (GIS)

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.

Shares of General Mills stock traded down $0.14 during trading on Friday, reaching $49.53. The company's stock had a trading volume of 3,148,049 shares, compared to its average volume of 5,550,188. The company has a quick ratio of 0.43, a current ratio of 0.67 and a debt-to-equity ratio of 1.38. General Mills has a 12-month low of $48.59 and a 12-month high of $75.90. The company has a market capitalization of $26.87 billion, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 1.25 and a beta of -0.01. The business has a 50 day moving average price of $51.42 and a 200-day moving average price of $55.62.

Read Our Latest Research Report on GIS

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