Promising Gold Stocks To Research - June 17th

Robinhood Markets, Vale, Coca-Cola, Newmont, Kinross Gold, Freeport-McMoRan, and Barrick Gold are the seven Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies engaged in the exploration, extraction and production of gold. They offer investors indirect exposure to the price of gold while also reflecting each company’s operational performance, cost structure and management execution. Compared with holding physical bullion, gold stocks can provide dividends and corporate growth potential but carry additional company‐specific and geopolitical risks. 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.

Robinhood Markets stock traded down $2.74 during mid-day trading on Tuesday, hitting $74.01. 14,780,346 shares of the company's stock were exchanged, compared to its average volume of 39,269,438. The firm has a market capitalization of $65.53 billion, a P/E ratio of 47.14, a PEG ratio of 1.05 and a beta of 2.25. The company's 50 day simple moving average is $57.07 and its 200-day simple moving average is $49.08. Robinhood Markets has a fifty-two week low of $13.98 and a fifty-two week high of $77.80.

Read Our Latest Research Report on HOOD

Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

Shares of Vale stock traded down $0.42 during trading on Tuesday, reaching $9.40. The stock had a trading volume of 59,574,034 shares, compared to its average volume of 33,698,172. The company has a market capitalization of $42.68 billion, a price-to-earnings ratio of 6.53, a P/E/G ratio of 0.31 and a beta of 0.76. The stock has a fifty day moving average price of $9.43 and a two-hundred day moving average price of $9.39. Vale has a 52 week low of $8.06 and a 52 week high of $12.05. The company has a current ratio of 0.91, a quick ratio of 0.58 and a debt-to-equity ratio of 0.39.

Read Our Latest Research Report on VALE

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 Coca-Cola stock traded down $0.25 during trading on Tuesday, reaching $70.27. The stock had a trading volume of 5,979,120 shares, compared to its average volume of 17,206,461. The company has a market capitalization of $302.45 billion, a price-to-earnings ratio of 28.45, a P/E/G ratio of 3.79 and a beta of 0.46. The stock has a fifty day moving average price of $71.60 and a two-hundred day moving average price of $67.94. Coca-Cola has a 52 week low of $60.62 and a 52 week high of $74.38. The company has a current ratio of 1.03, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61.

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 Newmont stock traded up $0.51 during trading on Tuesday, reaching $58.63. The stock had a trading volume of 5,335,886 shares, compared to its average volume of 11,981,608. The company has a market capitalization of $65.26 billion, a price-to-earnings ratio of 20.01, a P/E/G ratio of 0.41 and a beta of 0.31. The stock has a fifty day moving average price of $53.26 and a two-hundred day moving average price of $46.55. Newmont has a 52 week low of $36.86 and a 52 week high of $58.78. The company has a current ratio of 1.96, a quick ratio of 1.73 and a debt-to-equity ratio of 0.30.

Read Our Latest Research Report on NEM

Kinross Gold (KGC)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.

Shares of NYSE:KGC traded up $0.05 during midday trading on Tuesday, reaching $15.63. The company had a trading volume of 13,042,190 shares, compared to its average volume of 21,792,270. The company has a quick ratio of 0.83, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The business's 50 day moving average price is $14.64 and its 200 day moving average price is $12.19. The stock has a market cap of $19.17 billion, a PE ratio of 20.29, a P/E/G ratio of 0.68 and a beta of 0.63. Kinross Gold has a 1-year low of $7.33 and a 1-year high of $15.96.

Read Our Latest Research Report on KGC

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 $0.53 during midday trading on Tuesday, reaching $41.38. The company had a trading volume of 4,488,114 shares, compared to its average volume of 15,773,588. The business's 50 day moving average price is $37.65 and its 200 day moving average price is $38.19. The stock has a market cap of $59.47 billion, a PE ratio of 32.09, a P/E/G ratio of 0.87 and a beta of 1.64. The company has a quick ratio of 1.18, a current ratio of 2.42 and a debt-to-equity ratio of 0.31. 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

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.

NYSE B traded down $0.05 during trading on Tuesday, reaching $21.36. 8,183,853 shares of the company's stock were exchanged, compared to its average volume of 22,290,037. The business has a 50 day moving average price of $19.39 and a 200-day moving average price of $18.00. The stock has a market capitalization of $36.61 billion, a P/E ratio of 17.35, a PEG ratio of 0.44 and a beta of 0.27. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.89 and a quick ratio of 2.15. Barrick Gold has a fifty-two week low of $15.11 and a fifty-two week high of $21.70.

Read Our Latest Research Report on B

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