Gold Stocks To Watch Now - August 7th

Key Points

• Robinhood Markets saw its stock price increase by $3.57 to reach $109.22, with a trading volume of over 35 million shares.
• CocaCola shares rose by $1.10, closing at $70.61, with a market capitalization of $303.89 billion and a price-to-earnings ratio of 25.03.
• Newmont Corporation traded up $0.93 to $68.85 and has a market cap of $75.63 billion, with a notable price-to-earnings ratio of 12.37.

Robinhood Markets, CocaCola, and Newmont are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies engaged in the exploration, mining, refining or sale of gold. Investing in these equities offers indirect exposure to the price of gold while also carrying the operational, regulatory and geopolitical risks inherent to the mining industry. 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 stock traded up $3.57 during trading on Thursday, reaching $109.22. 35,544,009 shares of the company's stock were exchanged, compared to its average volume of 41,800,047. The firm has a market cap of $96.71 billion, a PE ratio of 55.26, a P/E/G ratio of 4.02 and a beta of 2.36. The company's fifty day moving average price is $89.38 and its 200-day moving average price is $63.12. Robinhood Markets has a 1-year low of $16.68 and a 1-year high of $113.44.

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 $1.10 on Thursday, reaching $70.61. 8,276,044 shares of the company were exchanged, compared to its average volume of 17,094,783. The firm has a market capitalization of $303.89 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 3.59 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. The stock has a fifty day moving average price of $70.19 and a 200-day moving average price of $69.73.

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.

NYSE:NEM traded up $0.93 during mid-day trading on Thursday, hitting $68.85. 5,525,508 shares of the company's stock traded hands, compared to its average volume of 12,088,113. The firm has a 50 day moving average of $58.92 and a two-hundred day moving average of $51.80. Newmont has a 12 month low of $36.86 and a 12 month high of $69.31. The firm has a market capitalization of $75.63 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.82 and a beta of 0.30. 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

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