Top Gold Stocks To Add to Your Watchlist – November 13th

Pan American Silver, Newmont, Freeport-McMoRan, Coeur Mining, Barrick Mining, Hecla Mining, and AngloGold Ashanti are the seven Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies that explore for, mine, or process gold. Their prices can be influenced by gold prices, but also by each company’s costs, operations, and financial health, so they don’t always move in line with gold itself. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Pan American Silver (PAAS)

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.

Pan American Silver stock traded down $0.15 during trading hours on Friday, hitting $37.57. 12,964,178 shares of the stock were exchanged, compared to its average volume of 5,758,734. The stock has a market capitalization of $15.49 billion, a P/E ratio of 10.08, a P/E/G ratio of 4.42 and a beta of 0.76. The business’s 50-day moving average is $44.96 and its two-hundred day moving average is $50.99. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.03 and a current ratio of 2.72. Pan American Silver has a 12 month low of $35.82 and a 12 month high of $69.99.

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 $0.39 on Friday, reaching $113.03. The company had a trading volume of 1,643,087 shares, compared to its average volume of 8,411,178. The company’s fifty day moving average is $118.36 and its 200-day moving average is $112.40. The firm has a market capitalization of $117.45 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 2.58 and a beta of 0.56. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45. Newmont has a 1-year low of $81.34 and a 1-year high of $135.29.

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.

Shares of FCX traded down $1.17 during midday trading on Friday, hitting $59.28. The stock had a trading volume of 3,131,025 shares, compared to its average volume of 15,734,472. The company has a 50 day simple moving average of $68.77 and a two-hundred day simple moving average of $65.29. Freeport-McMoRan has a twelve month low of $38.85 and a twelve month high of $80.24. The firm has a market cap of $85.12 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 0.57 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.

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 down $0.16 on Friday, hitting $14.14. 9,849,736 shares of the stock were exchanged, compared to its average volume of 31,446,350. The company has a current ratio of 3.79, a quick ratio of 2.60 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $14.45 billion, a P/E ratio of 16.26 and a beta of 1.46. The business has a 50-day moving average of $16.98 and a 200 day moving average of $18.57. Coeur Mining has a fifty-two week low of $12.71 and a fifty-two week high of $27.77.

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.

NYSE:B traded down $0.15 during trading hours on Friday, reaching $37.69. 3,291,082 shares of the stock were exchanged, compared to its average volume of 11,864,930. Barrick Mining has a twelve month low of $34.03 and a twelve month high of $54.69. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.73 and a quick ratio of 2.36. The firm has a 50 day moving average of $40.95 and a 200 day moving average of $41.78. The stock has a market cap of $61.38 billion, a PE ratio of 9.62, a PEG ratio of 2.21 and a beta of 0.52.

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 NYSE HL traded down $0.18 during midday trading on Friday, reaching $13.16. The company’s stock had a trading volume of 9,128,942 shares, compared to its average volume of 27,426,555. Hecla Mining has a fifty-two week low of $12.80 and a fifty-two week high of $34.17. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of 23.51 and a beta of 1.44. The stock has a 50 day simple moving average of $16.58 and a 200-day simple moving average of $18.10.

AngloGold Ashanti (AU)

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.

Shares of AU stock traded down $0.56 during trading on Friday, reaching $87.05. The company’s stock had a trading volume of 1,226,623 shares, compared to its average volume of 2,856,185. AngloGold Ashanti has a one year low of $73.40 and a one year high of $129.14. The business has a fifty day moving average price of $94.33 and a 200-day moving average price of $96.29. The company has a market cap of $43.95 billion, a price-to-earnings ratio of 11.34 and a beta of 0.72. The company has a quick ratio of 2.07, a current ratio of 2.71 and a debt-to-equity ratio of 0.15.