Gold Stocks Worth Watching - April 10th

Key Points

• Five gold stocks to watch: MarketBeat's screener highlights Freeport‑McMoRan (FCX), Newmont (NEM), Barrick Gold (B), Agnico Eagle Mines (AEM) and Coeur Mining (CDE) as the top gold shares by recent dollar trading volume.
• Investor takeaway: These stocks provide exposure to gold prices but returns also depend on company-specific factors like production costs, reserves, management and geopolitical or operational risks.
• Notable name: Freeport‑McMoRan is notable for its large, diversified mining footprint (copper and gold) across Indonesia, the Americas and Peru, giving it broader metal exposure than some pure-play gold miners.

Freeport-McMoRan, Newmont, Barrick Mining, Agnico Eagle Mines, and Coeur Mining are the five Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies whose primary business is related to gold—such as mining, exploration, processing, or providing services and financing to the gold industry. Investors buy gold stocks to gain exposure to changes in the price of gold, but returns also depend on company-specific factors like production costs, reserves, management and geopolitical or operational risks. 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

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

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

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.

Read Our Latest Research Report on AEM

Coeur Mining (CDE)

Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc.

Read Our Latest Research Report on CDE

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