Best Gold Stocks Worth Watching – November 4th

Newmont, Freeport-McMoRan, Coeur Mining, Hecla Mining, Agnico Eagle Mines, Wheaton Precious Metals, and Barrick Mining are the seven Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies involved in the exploration, mining, production, or processing of gold. Investors often consider them a way to gain exposure to gold prices, though their performance also depends on factors such as operating costs, management, production levels, and broader market conditions. 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.

NYSE NEM traded up $9.68 during trading on Wednesday, hitting $117.15. The stock had a trading volume of 4,246,994 shares, compared to its average volume of 8,422,403. Newmont has a 12 month low of $80.49 and a 12 month high of $135.29. The company has a market capitalization of $121.74 billion, a PE ratio of 13.62, a P/E/G ratio of 1.99 and a beta of 0.56. The company’s 50-day moving average price is $119.68 and its two-hundred day moving average price is $112.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45.

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.

NYSE:FCX traded up $0.45 during mid-day trading on Wednesday, reaching $62.22. The stock had a trading volume of 6,443,417 shares, compared to its average volume of 15,802,531. The stock has a market capitalization of $89.34 billion, a PE ratio of 26.13, a P/E/G ratio of 0.58 and a beta of 1.38. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.02 and a quick ratio of 0.91. The stock has a 50-day simple moving average of $71.00 and a two-hundred day simple moving average of $65.26. Freeport-McMoRan has a 12 month low of $38.54 and a 12 month high of $80.24.

Coeur Mining (CDE)

Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc.

Shares of CDE stock traded up $1.24 on Wednesday, reaching $14.65. 20,851,651 shares of the company were exchanged, compared to its average volume of 31,330,666. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.65 and a quick ratio of 2.44. The company has a 50-day moving average of $17.84 and a 200-day moving average of $18.87. Coeur Mining has a one year low of $12.71 and a one year high of $27.77. The company has a market cap of $15.06 billion, a price-to-earnings ratio of 12.45 and a beta of 1.46.

Hecla Mining (HL)

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.

Shares of HL traded up $1.62 during trading hours on Wednesday, reaching $14.83. 20,361,218 shares of the stock traded hands, compared to its average volume of 27,416,523. The stock has a fifty day simple moving average of $17.42 and a 200 day simple moving average of $18.60. Hecla Mining has a 52 week low of $11.81 and a 52 week high of $34.17. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 30.27 and a beta of 1.44.

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.

Shares of NYSE AEM traded up $16.97 during trading on Wednesday, reaching $184.25. 1,458,853 shares of the stock traded hands, compared to its average volume of 2,604,581. Agnico Eagle Mines has a 52-week low of $134.38 and a 52-week high of $255.24. The company has a 50-day moving average of $190.78 and a 200-day moving average of $189.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 1.90. The stock has a market capitalization of $93.41 billion, a P/E ratio of 15.02, a price-to-earnings-growth ratio of 2.53 and a beta of 0.69.

Wheaton Precious Metals (WPM)

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.

Shares of NYSE:WPM traded up $12.85 on Wednesday, hitting $130.26. The company’s stock had a trading volume of 2,021,356 shares, compared to its average volume of 2,181,231. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. Wheaton Precious Metals has a 1 year low of $95.59 and a 1 year high of $165.76. The company has a market capitalization of $59.17 billion, a PE ratio of 28.79, a PEG ratio of 2.33 and a beta of 0.56. The company has a 50-day simple moving average of $140.13 and a 200 day simple moving average of $133.79.

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.

Barrick Mining stock traded up $2.91 during mid-day trading on Wednesday, hitting $39.96. The company’s stock had a trading volume of 5,477,397 shares, compared to its average volume of 11,928,920. The stock has a market cap of $65.08 billion, a price-to-earnings ratio of 10.29, a price-to-earnings-growth ratio of 1.18 and a beta of 0.52. Barrick Mining has a 12 month low of $32.10 and a 12 month high of $54.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.01 and a quick ratio of 2.36. The business has a 50 day moving average price of $41.77 and a 200-day moving average price of $42.12.