Top Gold Stocks To Follow Today - October 12th

Key Points

• The top gold stocks to monitor include Freeport-McMoRan, Newmont, and Barrick Mining, noted for their high trading volume recently.
• Freeport-McMoRan, involved in mining various metals, has key operations in North and South America and Indonesia.
• Newmont Corporation and Barrick Gold Corporation are also significant players in gold production, with substantial operations globally, including partnerships like the Nevada Gold Mines joint venture.

Freeport-McMoRan, Newmont, and Barrick Mining are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are publicly traded shares of companies that explore for, mine, or process gold. By owning these equities, investors gain leveraged exposure to movements in the gold price, hedge against inflation or currency risk, and add a commodity-based diversification to their portfolios. 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

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

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