Best Gold Stocks To Research - November 15th

Key Points

• Seven high-volume gold stocks to watch are Pan American Silver, Freeport-McMoRan, Newmont, Coeur Mining, Hecla Mining, Barrick Mining, and AngloGold Ashanti. The group includes companies mining gold and other metals, so share performance reflects both metal prices and company-specific factors.
• Most of the stocks fell in Friday trading; Newmont was the exception, rising $0.37 to $113.01. The largest listed declines were AngloGold Ashanti, down $1.38 to $86.22, and Freeport-McMoRan, down $1.25 to $59.20.
• Several shares were trading below their 50-day moving averages, including Pan American Silver, Freeport-McMoRan, Coeur Mining, Hecla Mining, Barrick Mining, and AngloGold Ashanti.

Pan American Silver, Freeport-McMoRan, Newmont, Coeur Mining, Hecla Mining, Barrick Mining, and AngloGold Ashanti are the seven Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies involved in exploring for, mining, or producing gold; the term can also include firms that finance gold production through royalties or streaming agreements. Their prices may be influenced by gold prices, but they also depend on company performance and risks such as operating costs, management, and mine conditions. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Pan American Silver (PAAS)

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.

Shares of Pan American Silver stock traded down $0.22 on Friday, reaching $37.50. 15,033,373 shares of the stock were exchanged, compared to its average volume of 4,860,737. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.03 and a current ratio of 2.72. The firm has a market cap of $15.46 billion, a PE ratio of 10.05, a P/E/G ratio of 4.23 and a beta of 0.76. The firm's 50 day moving average is $44.66 and its 200-day moving average is $50.85. Pan American Silver has a one year low of $35.82 and a one year high of $69.99.

Read Our Latest Research Report on PAAS

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 down $1.25 during mid-day trading on Friday, reaching $59.20. The stock had a trading volume of 9,384,695 shares, compared to its average volume of 12,148,732. The stock has a 50-day simple moving average of $68.50 and a two-hundred day simple moving average of $65.27. The stock has a market capitalization of $84.95 billion, a PE ratio of 24.88, a P/E/G ratio of 0.55 and a beta of 1.38. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.02 and a quick ratio of 0.91. Freeport-McMoRan has a 12 month low of $38.85 and a 12 month high of $80.24.

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.

NEM traded up $0.37 during trading on Friday, hitting $113.01. 4,742,359 shares of the stock traded hands, compared to its average volume of 7,137,875. Newmont has a twelve month low of $81.34 and a twelve month high of $135.29. The company has a market cap of $117.44 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 2.45 and a beta of 0.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.45 and a quick ratio of 2.16. The business has a 50 day moving average price of $118.01 and a 200 day moving average price of $112.33.

Read Our Latest Research Report on NEM

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.

NYSE CDE traded down $0.31 on Friday, hitting $13.99. 21,516,012 shares of the company's stock were exchanged, compared to its average volume of 37,039,896. The stock has a 50-day moving average of $16.82 and a 200-day moving average of $18.51. The company has a current ratio of 3.79, a quick ratio of 2.60 and a debt-to-equity ratio of 0.07. Coeur Mining has a 52 week low of $12.71 and a 52 week high of $27.77. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 16.08 and a beta of 1.46.

Read Our Latest Research Report on CDE

Hecla Mining (HL)

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.

Shares of HL stock traded down $0.27 during trading hours on Friday, reaching $13.08. The company's stock had a trading volume of 21,776,102 shares, compared to its average volume of 28,855,748. Hecla Mining has a fifty-two week low of $12.80 and a fifty-two week high of $34.17. The firm's 50 day simple moving average is $16.42 and its 200-day simple moving average is $18.03. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 23.36 and a beta of 1.44.

Read Our Latest Research Report on HL

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.

Shares of Barrick Mining stock traded down $0.28 during trading on Friday, reaching $37.56. 6,609,072 shares of the company's stock were exchanged, compared to its average volume of 8,004,648. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.36 and a current ratio of 2.73. Barrick Mining has a 1-year low of $34.03 and a 1-year high of $54.69. The company has a market cap of $61.18 billion, a P/E ratio of 9.58, a PEG ratio of 2.14 and a beta of 0.52. The firm's 50-day moving average price is $40.78 and its 200 day moving average price is $41.70.

Read Our Latest Research Report on B

AngloGold Ashanti (AU)

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.

Shares of AU stock traded down $1.38 on Friday, hitting $86.22. 2,716,046 shares of the company's stock were exchanged, compared to its average volume of 2,564,418. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.71 and a quick ratio of 2.07. AngloGold Ashanti has a 12 month low of $73.40 and a 12 month high of $129.14. The stock has a market cap of $43.53 billion, a P/E ratio of 11.21 and a beta of 0.72. The company has a 50 day moving average of $93.82 and a 200 day moving average of $96.17.

Read Our Latest Research Report on AU

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