Promising Gold Stocks To Consider - June 15th

Robinhood Markets, Coca-Cola, Newmont, Barrick Gold, and Freeport-McMoRan are the five Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies involved in the exploration, mining, or production of gold. By owning these equities, investors gain exposure to movements in the price of gold through the operational performance and cost structure of gold-producing firms. As a result, gold stocks can offer leveraged upside when bullion prices rise but also carry risks tied to mining costs, project development and geopolitical factors. 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.

NASDAQ HOOD traded down $1.24 during trading hours on Friday, hitting $72.60. The company had a trading volume of 27,696,951 shares, compared to its average volume of 27,391,101. Robinhood Markets has a fifty-two week low of $13.98 and a fifty-two week high of $77.80. The business has a fifty day simple moving average of $56.22 and a 200-day simple moving average of $48.73. The firm has a market cap of $64.28 billion, a P/E ratio of 46.24, a price-to-earnings-growth ratio of 1.05 and a beta of 2.25.

Read Our Latest Research Report on HOOD

Coca-Cola (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 NYSE:KO traded down $1.30 on Friday, hitting $70.94. The company's stock had a trading volume of 17,424,785 shares, compared to its average volume of 15,884,646. Coca-Cola has a 12 month low of $60.62 and a 12 month high of $74.38. The company has a market capitalization of $305.36 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 3.79 and a beta of 0.46. The stock's 50-day moving average is $71.56 and its two-hundred day moving average is $67.87. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.84 and a current ratio of 1.03.

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.

Shares of NYSE:NEM traded up $1.95 on Friday, hitting $57.87. The company's stock had a trading volume of 19,673,056 shares, compared to its average volume of 10,371,448. Newmont has a 12 month low of $36.86 and a 12 month high of $58.72. The company has a market capitalization of $64.41 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 0.41 and a beta of 0.31. The stock's 50-day moving average is $53.00 and its two-hundred day moving average is $46.41. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96.

Read Our Latest Research Report on NEM

Barrick Gold (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.

B stock traded up $0.66 during trading hours on Friday, hitting $21.59. 30,553,567 shares of the stock traded hands, compared to its average volume of 2,866,115. The stock has a 50-day simple moving average of $19.31 and a 200 day simple moving average of $17.97. Barrick Gold has a one year low of $17.41 and a one year high of $47.50. The company has a market cap of $37.02 billion, a P/E ratio of 17.56, a P/E/G ratio of 0.44 and a beta of 0.27. The company has a current ratio of 2.89, a quick ratio of 2.15 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on B

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 $0.32 during midday trading on Friday, reaching $40.86. The company had a trading volume of 9,721,377 shares, compared to its average volume of 13,401,527. The company has a fifty day simple moving average of $37.39 and a two-hundred day simple moving average of $38.24. The firm has a market cap of $58.72 billion, a price-to-earnings ratio of 31.68, a price-to-earnings-growth ratio of 0.87 and a beta of 1.64. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.18 and a current ratio of 2.42. Freeport-McMoRan has a 1-year low of $27.66 and a 1-year high of $52.61.

Read Our Latest Research Report on FCX