Gold Stocks To Watch Now - October 19th

Key Points

• Newmont, Royal Gold, and Barrick Mining are highlighted as the three gold stocks to watch today, reflecting strong trading volumes and investor interest.
• Newmont Corporation is engaged in gold production and exploration, operating in multiple countries and also exploring for other metals like copper and silver.
• Royal Gold focuses on acquiring and managing precious metal streams and royalties, financing projects at various stages of development in exchange for metal interests.

Newmont, Royal Gold, and Barrick Mining are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies whose primary business is producing, exploring for, or providing services to the gold industry—most commonly gold mining and development firms. Investors use them to gain exposure to movements in the price of gold, but returns also reflect company-specific factors (production costs, reserves, management and geopolitical risk), making them often more volatile and leveraged to the metal’s price than holding physical gold. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

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

Royal Gold (RGLD)

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.

Read Our Latest Research Report on RGLD

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