Promising Gold Stocks To Watch Today - November 10th

Key Points

• Newmont (NEM), Freeport-McMoRan (FCX), and Coeur Mining (CDE) were identified as gold stocks to watch based on their recent dollar trading volume. Their businesses also involve other metals, and stock performance depends on company-specific factors as well as gold prices.
• All three shares fell on Tuesday: Newmont to $119.36, Freeport-McMoRan to $59.88, and Coeur Mining to $15.20.
• The stocks have differing risk and valuation profiles: Newmont reported a 0.56 beta and 13.88 P/E ratio, compared with Freeport-McMoRan’s 1.38 beta and 25.20 P/E, and Coeur Mining’s 1.46 beta and 17.46 P/E.

Newmont, Freeport-McMoRan, and Coeur Mining are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies involved in exploring for, mining, or producing gold. Their prices may rise or fall with gold prices, but they also depend on company-specific factors such as operating costs, reserves, and management. 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.

Shares of NEM traded down $5.80 on Tuesday, hitting $119.36. The company's stock had a trading volume of 2,714,844 shares, compared to its average volume of 8,439,677. The company has a market capitalization of $124.03 billion, a PE ratio of 13.88, a PEG ratio of 2.15 and a beta of 0.56. Newmont has a fifty-two week low of $81.34 and a fifty-two week high of $135.29. The company has a 50 day moving average price of $118.81 and a 200 day moving average price of $112.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.45 and a quick ratio of 2.16.

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 NYSE:FCX traded down $2.46 during midday trading on Tuesday, reaching $59.88. The company's stock had a trading volume of 4,529,303 shares, compared to its average volume of 15,803,252. Freeport-McMoRan has a fifty-two week low of $38.85 and a fifty-two week high of $80.24. The company has a market capitalization of $85.98 billion, a P/E ratio of 25.20, a P/E/G ratio of 0.58 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. The business's fifty day simple moving average is $69.56 and its 200-day simple moving average is $65.28.

Read Our Latest Research Report on FCX

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.

Shares of NYSE CDE traded down $1.25 during trading on Tuesday, reaching $15.20. The company had a trading volume of 17,707,925 shares, compared to its average volume of 31,508,938. 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 $15.63 billion, a PE ratio of 17.46 and a beta of 1.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.44 and a current ratio of 3.65. The business's 50 day moving average price is $17.33 and its 200-day moving average price is $18.73.

Read Our Latest Research Report on CDE

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