Gold Stocks To Research - May 16th

Robinhood Markets, Coca-Cola, Newmont, Freeport-McMoRan, Cadence Design Systems, Agnico Eagle Mines, and Barrick Gold are the seven Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are equity shares of companies whose primary business is exploring for, mining, or processing gold. They offer investors a way to gain exposure to movements in the gold price, along with company-specific factors such as production costs, reserve levels, and operational efficiency. 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.

Shares of NASDAQ:HOOD traded up $0.74 during midday trading on Friday, reaching $61.42. The company had a trading volume of 13,905,819 shares, compared to its average volume of 26,340,938. The company's 50 day moving average price is $44.76 and its 200 day moving average price is $43.31. The stock has a market cap of $54.39 billion, a P/E ratio of 39.16, a P/E/G ratio of 1.05 and a beta of 2.15. Robinhood Markets has a 52-week low of $13.98 and a 52-week high of $66.91.

Read Our Latest Research Report on HOOD

Coca-Cola (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.

Coca-Cola stock traded up $0.16 during midday trading on Friday, reaching $71.77. The stock had a trading volume of 9,735,228 shares, compared to its average volume of 18,042,990. Coca-Cola has a 12 month low of $60.62 and a 12 month high of $74.38. The firm's 50-day moving average price is $70.86 and its 200 day moving average price is $66.72. The firm has a market capitalization of $308.93 billion, a PE ratio of 29.06, a P/E/G ratio of 3.79 and a beta of 0.47. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61.

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.

Newmont stock traded up $0.21 during midday trading on Friday, reaching $50.05. The stock had a trading volume of 5,910,976 shares, compared to its average volume of 12,007,256. Newmont has a 12 month low of $36.86 and a 12 month high of $58.72. The firm's 50-day moving average price is $50.20 and its 200 day moving average price is $44.97. The firm has a market capitalization of $55.70 billion, a PE ratio of 17.09, a P/E/G ratio of 0.41 and a beta of 0.31. The company has a quick ratio of 1.73, a current ratio of 1.96 and a debt-to-equity ratio of 0.30.

Read Our Latest Research Report on NEM

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.

Shares of FCX traded down $0.62 during midday trading on Friday, hitting $37.85. 7,682,932 shares of the company traded hands, compared to its average volume of 13,630,033. The stock has a 50-day moving average of $36.47 and a 200-day moving average of $39.01. Freeport-McMoRan has a one year low of $27.66 and a one year high of $55.24. The firm has a market cap of $54.39 billion, a P/E ratio of 29.34, a PEG ratio of 0.87 and a beta of 1.65. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.42 and a quick ratio of 1.18.

Read Our Latest Research Report on FCX

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 traded up $2.88 during midday trading on Friday, hitting $321.65. 680,616 shares of the company traded hands, compared to its average volume of 1,966,741. The stock has a 50-day moving average of $270.41 and a 200-day moving average of $286.29. Cadence Design Systems has a one year low of $221.56 and a one year high of $328.99. The firm has a market cap of $87.82 billion, a P/E ratio of 83.26, a PEG ratio of 3.88 and a beta of 1.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.93 and a quick ratio of 2.27.

Read Our Latest Research Report on CDNS

Agnico Eagle Mines (AEM)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

Shares of AEM traded down $0.17 during midday trading on Friday, hitting $106.34. 1,697,723 shares of the company traded hands, compared to its average volume of 3,097,498. The stock has a 50-day moving average of $110.51 and a 200-day moving average of $95.30. Agnico Eagle Mines has a one year low of $63.01 and a one year high of $126.75. The firm has a market cap of $53.52 billion, a P/E ratio of 28.14, a PEG ratio of 0.66 and a beta of 0.54. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.86 and a quick ratio of 0.86.

Read Our Latest Research Report on AEM

Barrick Gold (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.

Shares of B stock traded down $0.14 during trading on Friday, hitting $17.82. The company had a trading volume of 7,568,024 shares, compared to its average volume of 1,131,593. The company has a quick ratio of 2.15, a current ratio of 2.89 and a debt-to-equity ratio of 0.14. The stock's 50-day moving average is $19.06 and its two-hundred day moving average is $17.77. The stock has a market capitalization of $30.63 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 0.44 and a beta of 0.25. Barrick Gold has a 52 week low of $17.44 and a 52 week high of $47.50.

Read Our Latest Research Report on B

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