Promising Gold Stocks To Watch Today - September 27th

Key Points

• Freeport-McMoRan, Barrick Mining, and Newmont are highlighted as top gold stocks to watch, reflecting high trading volumes and potential for portfolio diversification.
• Freeport-McMoRan has significant mining assets across continents, including North America and South America, primarily focusing on metal exploration like gold and copper.
• Barrick Gold Corporation operates major gold mines through strategic partnerships, enhancing its position in the gold market after its merger with Randgold Resources.

Freeport-McMoRan, Barrick Mining, and Newmont are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are equity shares of companies involved in the exploration, mining and production of gold. By investing in these companies, shareholders gain leveraged exposure to movements in gold prices—often amplifying the metal’s gains or losses. Many investors use gold stocks to diversify their portfolios and hedge against inflation or broader market volatility. 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

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

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