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Best Gold Stocks to Buy Now (2024)
Top gold stocks in 2024 ranked by overall Zen Score. See the best gold stocks to buy now, according to analyst forecasts for the gold industry.

Industry: Gold
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
GFI
GOLD FIELDS LTD
$13.91B$4.29B$1.23B$711.00M$0.802.18%9.19%-10.11%N/A2024-05-09
SBSW
SIBANYE STILLWATER LTD
$3.18B$7.62B$1.66B$1.01B$1.44-24.83%16.97%-46.56%N/A2024-05-10
GOLD
BARRICK GOLD CORP
$28.46B$11.40B$4.35B$1.27B$0.723.49%9.49%200.00%N/A2024-05-01
RGLD
ROYAL GOLD INC
$7.83B$605.72M$477.94M$239.44M$3.640.42%7.10%0.00%N/A2024-05-01
AEM
AGNICO EAGLE MINES LTD
$28.77B$6.63B$3.98B$1.94B$3.9715.43%24.77%159.48%N/A2024-04-25
IAG
IAMGOLD CORP
$1.54B$987.10M$320.10M$88.70M$0.012.95%-2.34%N/AN/A2024-05-09
AU
ANGLOGOLD ASHANTI (PTY) LTD
$9.21B$4.50B$470.00M$297.00M$0.7111.72%5.81%-52.03%N/A2024-05-12
KGC
KINROSS GOLD CORP
$7.22B$4.24B$1.80B$416.30M$0.3422.71%5.71%N/AN/A2024-05-08
EGO
ELDORADO GOLD CORP
$2.83B$1.01B$459.37M$104.63M$0.5415.66%17.05%N/AN/A2024-04-25
IDR
IDAHO STRATEGIC RESOURCES INC
$105.00M$13.66M$2.67M$1.16M$0.0942.55%30.34%N/AN/A2024-03-29
WPM
WHEATON PRECIOUS METALS CORP
$20.96B$1.02B$760.49M$537.64M$1.19-4.60%5.06%-19.91%4.34%2024-05-09
BTG
B2GOLD CORP
$3.31B$1.93B$302.77M$10.10M$0.0111.64%12.97%-95.83%-39.16%2024-05-07
AGI
ALAMOS GOLD INC
$5.78B$1.02B$486.40M$210.00M$0.5324.61%9.44%488.89%N/A2024-04-24
TRX
TRX GOLD CORP
$107.17M$38.01MN/A$1.85M$0.0153.18%N/AN/AN/A2024-04-12
ORLA
ORLA MINING LTD
$1.17B$233.64M$48.59M-$27.01M-$0.0920.91%N/AN/AN/A2024-05-09
SSRM
SSR MINING INC
$876.67M$1.43B$50.09M-$98.01M-$0.4824.29%27.67%N/AN/A2024-05-02
GAU
GALIANO GOLD INC
$294.71M$0.00$26.25M$26.09M$0.12N/A-100.00%-33.33%N/A2024-05-02
SAND
SANDSTORM GOLD LTD
$1.53B$179.64M$161.36M$41.72M$0.1420.78%19.68%-58.82%36.08%2024-05-08
CMCL
CALEDONIA MINING CORP PLC
$207.81M$141.83MN/A-$9.07M-$0.691.28%15.00%N/AN/A2024-05-13
EQX
EQUINOX GOLD CORP
$1.79B$1.09B$291.09M$28.88M$0.0914.28%104.86%N/AN/A2024-04-30
PZG
PARAMOUNT GOLD NEVADA CORP
$24.24M$0.00-$6.29M-$6.83M$0.13N/A-100.00%-7.14%-10.78%2024-05-12
ARMN
ARIS MINING CORP
$477.37M$447.67M$124.49M$11.42M$0.0811.93%N/AN/AN/A2024-05-08
HYMC
HYCROFT MINING HOLDING CORP
$46.21M$0.00-$32.66M-$55.02M-$2.61-100.00%N/AN/AN/A2024-04-29
FNV
FRANCO NEVADA CORP
$22.54B$1.22B-$88.20M-$466.40M-$2.43-7.35%13.29%N/AN/A2024-04-30
PAAS
PAN AMERICAN SILVER CORP
$5.32B$2.32B$490.70M-$131.00M-$0.3254.95%24.17%N/AN/A2024-05-09
NEM
NEWMONT CORP
$40.63B$11.81B$383.00M-$2.49B-$2.97-0.86%10.25%N/AN/A2024-04-25
OR
OSISKO GOLD ROYALTIES LTD
$2.96B$183.20M$30.72M-$35.81M-$0.1916.96%-12.54%N/AN/A2024-05-08
THM
INTERNATIONAL TOWER HILL MINES LTD
$124.81M$0.00-$3.40M-$3.40M-$0.02N/AN/AN/AN/A2024-05-03
AUST
AUSTIN GOLD CORP
$15.66M$0.00-$2.94M-$2.94M-$0.22N/AN/AN/AN/A
ODV
OSISKO DEVELOPMENT CORP
$184.85M$32.08M-$63.35M-$79.32M-$1.04-10.11%N/AN/AN/A2024-05-07
CGAU
CENTERRA GOLD INC
$1.25B$1.09B$158.67M-$81.28M-$0.3728.78%N/AN/AN/A2024-05-13
FSM
FORTUNA SILVER MINES INC
$1.11B$842.43M$230.43M-$43.63M-$0.1723.62%26.19%N/AN/A2024-05-13
NGD
NEW GOLD INC
$1.16B$786.50M$189.10M-$64.50M-$0.0930.13%5.40%N/AN/A2024-04-24
IAUX
I-80 GOLD CORP
$379.10M$54.91M-$32.24M-$65.20M-$0.2448.57%N/AN/AN/A2024-05-06
VGZ
VISTA GOLD CORP
$65.02M$0.00-$6.55M-$6.59M-$0.05N/AN/AN/AN/A2024-04-26
NFGC
NEW FOUND GOLD CORP
$657.79M$0.00-$58.03M-$58.74M-$0.33N/AN/AN/AN/A2024-05-15
AAU
ALMADEN MINERALS LTD
$19.21M$0.00-$48.54M-$46.78M-$0.34N/AN/AN/AN/A2024-05-08
DC
DAKOTA GOLD CORP
$196.03M$0.00-$28.28M-$29.12M-$0.59N/AN/AN/AN/A
GLDG
GOLDMINING INC
$155.71M$0.00-$18.75M-$22.55M-$0.13N/AN/AN/AN/A2024-04-10
NG
NOVAGOLD RESOURCES INC
$922.86M$0.00-$33.70M-$46.80M-$0.14N/AN/AN/AN/A2024-04-04
CDE
COEUR MINING INC
$1.38B$821.21M$76.85M-$103.61M-$0.304.53%5.58%N/AN/A2024-05-08
GORO
GOLD RESOURCE CORP
$35.57M$108.96M$5.75M-$16.24M-$0.18-24.55%-1.99%N/AN/A2024-04-23
USAU
US GOLD CORP
$33.69M$0.00-$6.60M-$6.72M-$0.73N/AN/AN/AN/A
CTGO
CONTANGO ORE INC
$186.87M$0.00-$55.56M-$59.11M-$6.91N/AN/AN/AN/A2024-05-10
SA
SEABRIDGE GOLD INC
$1.15B$0.00N/A-$23.43M-$0.28N/AN/AN/AN/A2024-03-28

Gold Stocks FAQ

What are the best gold stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best gold mining stocks to buy right now are:

1. Gold Fields (NYSE:GFI)


Gold Fields (NYSE:GFI) is the top gold stock with a Zen Score of 53, which is 27 points higher than the gold industry average of 26. It passed 20 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock return 21.01% over the past year, overperforming other gold stocks by 31 percentage points.

Gold Fields has an average 1 year price target of $13.50, a downside of -13.52% from Gold Fields's current stock price of $15.61.

Gold Fields stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Gold Fields, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Sibanye Stillwater (NYSE:SBSW)


Sibanye Stillwater (NYSE:SBSW) is the second best gold stock with a Zen Score of 49, which is 23 points higher than the gold industry average of 26. It passed 20 out of 38 due diligence checks and has strong fundamentals. Sibanye Stillwater has seen its stock lose -44.43% over the past year, underperforming other gold stocks by -34 percentage points.

Sibanye Stillwater has an average 1 year price target of $6.00, an upside of 33.63% from Sibanye Stillwater's current stock price of $4.49.

Sibanye Stillwater stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Sibanye Stillwater, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Barrick Gold (NYSE:GOLD)


Barrick Gold (NYSE:GOLD) is the third best gold stock with a Zen Score of 48, which is 22 points higher than the gold industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Barrick Gold has seen its stock lose -12.38% over the past year, underperforming other gold stocks by -2 percentage points.

Barrick Gold has an average 1 year price target of $21.33, an upside of 31.6% from Barrick Gold's current stock price of $16.21.

Barrick Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Barrick Gold, 16.67% have issued a Strong Buy rating, 66.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the gold stocks with highest dividends?

Out of 16 gold stocks that have issued dividends in the past year, the 3 gold stocks with the highest dividend yields are:

1. Caledonia Mining (NYSEMKT:CMCL)


Caledonia Mining (NYSEMKT:CMCL) has an annual dividend yield of 5.17%, which is 3 percentage points higher than the gold industry average of 2.31%. Caledonia Mining's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Caledonia Mining's dividend has shown consistent growth over the last 10 years.

Caledonia Mining's dividend payout ratio of -81.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ssr Mining (NASDAQ:SSRM)


Ssr Mining (NASDAQ:SSRM) has an annual dividend yield of 4.85%, which is 3 percentage points higher than the gold industry average of 2.31%.

Ssr Mining's dividend payout ratio of -58.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. B2gold (NYSEMKT:BTG)


B2gold (NYSEMKT:BTG) has an annual dividend yield of 4.72%, which is 2 percentage points higher than the gold industry average of 2.31%. B2gold's dividend payout is stable, having never dropped by more than 10% in the last 10 years. B2gold's dividend has shown consistent growth over the last 10 years.

B2gold's dividend payout ratio of 1,200% indicates that its high dividend yield might not be sustainable for the long-term.

Why are gold stocks up?

Gold stocks were up 4.07% in the last day, and up 2.44% over the last week. Royal Gold was the among the top gainers in the gold industry, gaining 8.3% yesterday.

Royal Gold shares are trading higher after BMO Capital upgraded the stock from Market Perform to Outperform and raised its price target from $148 to $158.

What are the most undervalued gold stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued gold stocks right now are:

1. Sibanye Stillwater (NYSE:SBSW)


Sibanye Stillwater (NYSE:SBSW) is the most undervalued gold stock based on WallStreetZen's Valuation Score. Sibanye Stillwater has a valuation score of 71, which is 54 points higher than the gold industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Sibanye Stillwater's stock has dropped -44.43% in the past year. It has underperformed other stocks in the gold industry by -34 percentage points.

2. Eldorado Gold (NYSE:EGO)


Eldorado Gold (NYSE:EGO) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Eldorado Gold has a valuation score of 57, which is 40 points higher than the gold industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Eldorado Gold's stock has gained 40.4% in the past year. It has overperformed other stocks in the gold industry by 50 percentage points.

3. Anglogold Ashanti (NYSE:AU)


Anglogold Ashanti (NYSE:AU) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Anglogold Ashanti has a valuation score of 43, which is 26 points higher than the gold industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Anglogold Ashanti's stock has dropped -0.23% in the past year. It has overperformed other stocks in the gold industry by 10 percentage points.

Are gold stocks a good buy now?

54.17% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 20.12% over the next year.

What is the average p/e ratio of the gold industry?

The average P/E ratio of the gold industry is 10.47x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.