According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best gold mining stocks to buy right now are:
1. Galiano Gold (NYSEMKT:GAU)
The Component Grade breakdown for Galiano Gold (NYSEMKT:GAU) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: D, Financials: C, and AI: C.
Galiano Gold (NYSEMKT:GAU) has a Due Diligence Score of 16, which is -12 points lower than the gold industry average of 28. Although this number is below the industry average, our proven quant model rates GAU as a "A".
GAU passed 5 out of 33 due diligence checks and has weak fundamentals. Galiano Gold has seen its stock return 170.69% over the past year, overperforming other gold stocks by 46 percentage points.
Galiano Gold has an average 1 year
price target of $4.25, an upside of 34.49% from Galiano Gold's current stock price of $3.16.
Galiano Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Galiano Gold, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Barrick Mining (NYSE:B)
Barrick Mining (NYSE:B) is the #2 top gold stock out of 50 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Barrick Mining (NYSE:B) is: Value: B, Growth: B, Momentum: A, Sentiment: C, Safety: C, Financials: A, and AI: C.
Barrick Mining (NYSE:B) has a Due Diligence Score of 41, which is 13 points higher than the gold industry average of 28.
B passed 14 out of 38 due diligence checks and has strong fundamentals. Barrick Mining has seen its stock return 151.7% over the past year, overperforming other gold stocks by 27 percentage points.
Barrick Mining has an average 1 year
price target of $51.13, an upside of 12.56% from Barrick Mining's current stock price of $45.42.
Barrick Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Barrick Mining, 37.5% have issued a Strong Buy rating, 50% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Iamgold (NYSE:IAG)
Iamgold (NYSE:IAG) is the #3 top gold stock out of 50 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Iamgold (NYSE:IAG) is: Value: A, Growth: B, Momentum: A, Sentiment: C, Safety: C, Financials: A, and AI: C.
Iamgold (NYSE:IAG) has a Due Diligence Score of 51, which is 23 points higher than the gold industry average of 28.
IAG passed 16 out of 33 due diligence checks and has strong fundamentals. Iamgold has seen its stock return 327.59% over the past year, overperforming other gold stocks by 203 percentage points.
Iamgold has an average 1 year
price target of $17.75, a downside of -18.43% from Iamgold's current stock price of $21.76.
Iamgold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Iamgold, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.