Top Gold Stocks To Keep An Eye On - April 24th

Key Points

• Newmont (NEM), Freeport‑McMoRan (FCX) and Barrick Mining (B) are the three gold stocks MarketBeat flags as the top names to watch, based on the highest recent dollar trading volume.
• Gold stocks provide exposure to the price of gold but add company‑specific operational, cost and geopolitical risks, so they often show greater volatility than the metal itself.
• Barrick and Newmont jointly operate Nevada Gold Mines, a major consolidation in the sector that is majority‑owned and operated by Barrick.

Newmont, Freeport-McMoRan, and Barrick 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 the mining, exploration, development, or financing of gold — including major producers, junior explorers, and royalty/streaming firms. Investors use them to gain exposure to the price of gold and to company-specific operational, cost and geopolitical risks, which can make their performance more volatile than the metal itself. 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.

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.

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

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