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. Oceanagold (NYSE:OGC)
Oceanagold (NYSE:OGC) 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 Oceanagold (NYSE:OGC) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: D, Financials: B, and AI: C.
Oceanagold (NYSE:OGC) has a Due Diligence Score of 6, which is -29 points lower than the gold industry average of 35. Although this number is below the industry average, our proven quant model rates OGC as a "A".
OGC passed 2 out of 38 due diligence checks and has weak fundamentals.
2. Galiano Gold (NYSEMKT:GAU)
The Component Grade breakdown for Galiano Gold (NYSEMKT:GAU) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: C.
Galiano Gold (NYSEMKT:GAU) has a Due Diligence Score of 25, which is -10 points lower than the gold industry average of 35. Although this number is below the industry average, our proven quant model rates GAU as a "A".
GAU passed 8 out of 33 due diligence checks and has weak fundamentals. Galiano Gold has seen its stock return 18.12% over the past year, underperforming other gold stocks by -8 percentage points.
Galiano Gold has an average 1 year
price target of $4.08, an upside of 131.53% from Galiano Gold's current stock price of $1.76.
Galiano Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Galiano 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.
3. Mako Mining (NASDAQ:MAKO)
The Component Grade breakdown for Mako Mining (NASDAQ:MAKO) is: Value: B, Growth: C, Momentum: A, Sentiment: C, Safety: D, Financials: A, and AI: C.
Mako Mining (NASDAQ:MAKO) has a Due Diligence Score of 14, which is -21 points lower than the gold industry average of 35. Although this number is below the industry average, our proven quant model rates MAKO as a "A".
MAKO passed 4 out of 33 due diligence checks and has weak fundamentals.