Top Gold Stocks Worth Watching - May 4th

Key Points

• Five stocks to watch: MarketBeat's screener highlights Freeport‑McMoRan (FCX), Newmont (NEM), Agnico Eagle Mines (AEM), United States Antimony (UAMY) and Barrick Gold (B) as today's top gold-related stocks by recent dollar trading volume.
• Gold stocks ≠ gold prices: These companies give indirect exposure to gold but carry company-specific operational, geopolitical and financing risks and often produce larger percentage moves than the metal itself.
• Company notes: Freeport has seen share pressure from mine delays though its long-term outlook is described as strong, and Barrick remains a sector leader with major assets including the Nevada Gold Mines joint venture.

Freeport-McMoRan, Newmont, Agnico Eagle Mines, United States Antimony, and Barrick Mining are the five Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies whose primary business is the exploration, development or production of gold — including large miners, junior explorers and gold-focused royalty or streaming firms. They give investors indirect exposure to the price of gold but also carry company-specific operational, geopolitical and financing risks, often producing larger percentage moves than the metal itself. 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

Agnico Eagle Mines (AEM)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

Read Our Latest Research Report on AEM

United States Antimony (UAMY)

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.

Read Our Latest Research Report on UAMY

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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