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. Barrick Mining (NYSE:B)
Barrick Mining (NYSE:B) is the #1 top gold stock out of 50 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Barrick Mining (NYSE:B) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Barrick Mining (NYSE:B) has a Due Diligence Score of 49, which is 15 points higher than the gold industry average of 34.
B passed 17 out of 38 due diligence checks and has strong fundamentals. Barrick Mining has seen its stock return 77.38% over the past year, overperforming other gold stocks by 45 percentage points.
Barrick Mining has an average 1 year
price target of $57.67, an upside of 56.15% from Barrick Mining's current stock price of $36.93.
Barrick Mining stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Barrick Mining, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Ssr Mining (NASDAQ:SSRM)
The Component Grade breakdown for Ssr Mining (NASDAQ:SSRM) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Ssr Mining (NASDAQ:SSRM) has a Due Diligence Score of 42, which is 8 points higher than the gold industry average of 34.
SSRM passed 17 out of 38 due diligence checks and has strong fundamentals. Ssr Mining has seen its stock return 122.72% over the past year, overperforming other gold stocks by 90 percentage points.
Ssr Mining has an average 1 year
price target of $44.00, an upside of 55.07% from Ssr Mining's current stock price of $28.38.
Ssr Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ssr Mining, 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. 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 +28.5% per year.
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The Component Grade breakdown for Iamgold (NYSE:IAG) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.
Iamgold (NYSE:IAG) has a Due Diligence Score of 56, which is 22 points higher than the gold industry average of 34.
IAG passed 18 out of 33 due diligence checks and has strong fundamentals. Iamgold has seen its stock return 116.87% over the past year, overperforming other gold stocks by 84 percentage points.
Iamgold has an average 1 year
price target of $25.00, an upside of 56.84% from Iamgold's current stock price of $15.94.
Iamgold stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Iamgold, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.