Top Gold Stocks To Follow Today – April 16th

Robinhood Markets, Coca-Cola, and Newmont are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies primarily engaged in the extraction and processing of gold. These stocks often provide indirect exposure to gold prices, reflecting both fluctuations in the commodity market and the specific operational risks and rewards of the companies involved. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

NASDAQ:HOOD traded down $2.71 during mid-day trading on Wednesday, hitting $41.37. The company had a trading volume of 25,101,259 shares, compared to its average volume of 23,989,659. The firm has a market capitalization of $36.63 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 1.05 and a beta of 2.17. Robinhood Markets has a 1 year low of $13.98 and a 1 year high of $66.91. The business has a fifty day simple moving average of $46.06 and a 200-day simple moving average of $39.79.

Coca-Cola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Shares of NYSE:KO traded up $0.42 on Wednesday, reaching $72.28. 7,748,794 shares of the company’s stock were exchanged, compared to its average volume of 15,318,872. Coca-Cola has a fifty-two week low of $57.93 and a fifty-two week high of $73.95. The firm has a market capitalization of $311.06 billion, a price-to-earnings ratio of 29.26, a PEG ratio of 3.79 and a beta of 0.45. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61. The business’s 50-day moving average is $69.96 and its two-hundred day moving average is $66.36.

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.

Shares of NYSE:NEM traded up $1.43 during trading hours on Wednesday, hitting $56.01. 9,888,701 shares of the company’s stock traded hands, compared to its average volume of 9,828,997. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96. Newmont has a 52 week low of $36.60 and a 52 week high of $58.72. The company has a market cap of $63.14 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 0.41 and a beta of 0.54. The company’s fifty day simple moving average is $46.56 and its two-hundred day simple moving average is $45.04.