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. Caledonia Mining (NYSEMKT:CMCL)
The Component Grade breakdown for Caledonia Mining (NYSEMKT:CMCL) is: Value: A, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.
Caledonia Mining (NYSEMKT:CMCL) has a Due Diligence Score of 28, which is -4 points lower than the gold industry average of 32. Although this number is below the industry average, our proven quant model rates CMCL as a "A".
CMCL passed 11 out of 38 due diligence checks and has average fundamentals. Caledonia Mining has seen its stock return 36.58% over the past year, underperforming other gold stocks by -4 percentage points.
2. Pan American Silver (NYSE:PAAS)
The Component Grade breakdown for Pan American Silver (NYSE:PAAS) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: B, Financials: B, and AI: B.
Pan American Silver (NYSE:PAAS) has a Due Diligence Score of 51, which is 19 points higher than the gold industry average of 32.
PAAS passed 19 out of 38 due diligence checks and has strong fundamentals. Pan American Silver has seen its stock return 37.14% over the past year, underperforming other gold stocks by -3 percentage points.
Pan American Silver has an average 1 year
price target of $34.00, an upside of 33.07% from Pan American Silver's current stock price of $25.55.
Pan American Silver stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Pan American Silver, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Kinross Gold (NYSE:KGC)
Kinross Gold (NYSE:KGC) is the #3 top gold stock out of 44 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 Kinross Gold (NYSE:KGC) is: Value: B, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: C.
Kinross Gold (NYSE:KGC) has a Due Diligence Score of 36, which is 4 points higher than the gold industry average of 32.
KGC passed 13 out of 38 due diligence checks and has average fundamentals. Kinross Gold has seen its stock return 108.03% over the past year, overperforming other gold stocks by 68 percentage points.
Kinross Gold has an average 1 year
price target of $16.00, an upside of 8.33% from Kinross Gold's current stock price of $14.77.
Kinross Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Kinross Gold, 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.