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. Iamgold (NYSE:IAG)
Iamgold (NYSE:IAG) is the #1 top gold stock out of 49 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: B, Sentiment: B, Safety: C, Financials: A, and AI: B.
Iamgold (NYSE:IAG) has a Due Diligence Score of 48, which is 18 points higher than the gold industry average of 30.
IAG passed 15 out of 33 due diligence checks and has strong fundamentals. Iamgold has seen its stock return 175.89% over the past year, overperforming other gold stocks by 103 percentage points.
Iamgold has an average 1 year
price target of $19.00, an upside of 7.1% from Iamgold's current stock price of $17.74.
Iamgold stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Iamgold, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% 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 49 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: B, Sentiment: B, Safety: C, Financials: A, and AI: C.
Barrick Mining (NYSE:B) has a Due Diligence Score of 41, which is 11 points higher than the gold industry average of 30.
B passed 14 out of 38 due diligence checks and has strong fundamentals. Barrick Mining has seen its stock return 97.29% over the past year, overperforming other gold stocks by 24 percentage points.
Barrick Mining has an average 1 year
price target of $52.25, an upside of 35.4% from Barrick Mining's current stock price of $38.59.
Barrick Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Barrick Mining, 50% have issued a Strong Buy rating, 37.5% 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. Pan American Silver (NYSE:PAAS)
The Component Grade breakdown for Pan American Silver (NYSE:PAAS) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Pan American Silver (NYSE:PAAS) has a Due Diligence Score of 48, which is 18 points higher than the gold industry average of 30.
PAAS passed 17 out of 38 due diligence checks and has strong fundamentals. Pan American Silver has seen its stock return 95.54% over the past year, overperforming other gold stocks by 22 percentage points.
Pan American Silver has an average 1 year
price target of $57.75, an upside of 11.7% from Pan American Silver's current stock price of $51.70.
Pan American Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Pan American Silver, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.