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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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue

Ticker	Company	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	$14.89B	$4.50B	$1.23B	$703.30M	$0.79	4.99%	11.79%	-1.25%	N/A	2024-05-09
SBSW	SIBANYE STILLWATER LTD	$3.52B	$7.62B	$1.66B	$1.01B	$1.44	-24.83%	16.97%	-46.56%	N/A	2024-05-10
GOLD	BARRICK GOLD CORP	$28.83B	$11.40B	$4.35B	$1.27B	$0.72	3.49%	9.49%	200.00%	N/A	2024-05-01
AEM	AGNICO EAGLE MINES LTD	$30.96B	$6.63B	$3.98B	$1.94B	$3.97	15.43%	24.77%	159.48%	N/A	2024-04-25
AU	ANGLOGOLD ASHANTI (PTY) LTD	$9.22B	$4.50B	$470.00M	$297.00M	$0.71	11.72%	5.81%	-52.03%	N/A	2024-05-12
RGLD	ROYAL GOLD INC	$7.81B	$605.72M	$477.94M	$239.44M	$3.64	0.42%	7.10%	0.00%	N/A	2024-05-09
IAG	IAMGOLD CORP	$1.68B	$987.10M	$320.10M	$88.70M	$0.01	2.95%	-2.34%	N/A	N/A	2024-05-10
KGC	KINROSS GOLD CORP	$7.94B	$4.24B	$1.80B	$416.30M	$0.34	22.71%	5.71%	N/A	N/A	2024-05-08
EGO	ELDORADO GOLD CORP	$2.91B	$1.01B	$459.37M	$104.63M	$0.54	15.66%	17.05%	N/A	N/A	2024-04-26
IDR	IDAHO STRATEGIC RESOURCES INC	$119.32M	$13.66M	$2.67M	$1.16M	$0.09	42.55%	30.34%	N/A	N/A	2024-05-13
CMCL	CALEDONIA MINING CORP PLC	$203.78M	$146.31M	N/A	-$4.20M	-$0.24	2.98%	16.43%	N/A	N/A	2024-05-13
BTG	B2GOLD CORP	$3.27B	$1.93B	$302.77M	$10.10M	$0.01	11.64%	12.97%	-95.83%	-39.16%	2024-05-08
WPM	WHEATON PRECIOUS METALS CORP	$23.34B	$1.02B	$760.49M	$537.64M	$1.19	-4.60%	5.06%	-19.91%	4.34%	2024-05-10
AGI	ALAMOS GOLD INC	$5.86B	$1.02B	$486.40M	$210.00M	$0.53	24.61%	9.44%	488.89%	N/A	2024-04-25
ORLA	ORLA MINING LTD	$1.22B	$233.64M	$48.59M	-$27.01M	-$0.09	20.91%	N/A	N/A	N/A	2024-05-09
GAU	GALIANO GOLD INC	$328.46M	$0.00	$26.25M	$26.09M	$0.12	N/A	-100.00%	-33.33%	N/A	2024-05-02
TRX	TRX GOLD CORP	$129.01M	$35.89M	N/A	$3.82M	$0.01	13.67%	N/A	0.00%	N/A
SAND	SANDSTORM GOLD LTD	$1.57B	$179.64M	$161.36M	$41.72M	$0.14	20.78%	19.68%	-58.82%	36.08%	2024-05-03
PZG	PARAMOUNT GOLD NEVADA CORP	$26.54M	$0.00	-$6.29M	-$6.83M	$0.13	N/A	-100.00%	-7.14%	-10.78%	2024-05-12
EQX	EQUINOX GOLD CORP	$1.80B	$1.09B	$291.09M	$28.88M	$0.09	14.28%	104.86%	N/A	N/A	2024-04-30
AUST	AUSTIN GOLD CORP	$12.87M	$0.00	-$2.94M	-$2.94M	-$0.22	N/A	N/A	N/A	N/A
ODV	OSISKO DEVELOPMENT CORP	$179.14M	$23.25M	-$131.98M	-$133.73M	-$1.63	-49.14%	N/A	N/A	N/A	2024-05-07
HYMC	HYCROFT MINING HOLDING CORP	$73.31M	$0.00	-$32.66M	-$55.02M	-$2.61	-100.00%	N/A	N/A	N/A	2024-04-29
ARMN	ARIS MINING CORP	$532.39M	$447.67M	$124.49M	$11.42M	$0.08	11.93%	N/A	N/A	N/A	2024-05-08
FNV	FRANCO NEVADA CORP	$22.72B	$1.22B	-$88.20M	-$466.40M	-$2.43	-7.35%	13.29%	N/A	N/A	2024-05-02
SSRM	SSR MINING INC	$1.05B	$1.43B	$50.09M	-$98.01M	-$0.48	24.29%	27.67%	N/A	N/A	2024-05-08
NEM	NEWMONT CORP	$43.17B	$11.81B	$383.00M	-$2.49B	-$2.97	-0.86%	10.25%	N/A	N/A	2024-04-25
PAAS	PAN AMERICAN SILVER CORP	$6.65B	$2.32B	$490.70M	-$131.00M	-$0.32	54.95%	24.17%	N/A	N/A	2024-05-09
THM	INTERNATIONAL TOWER HILL MINES LTD	$129.40M	$0.00	-$3.40M	-$3.40M	-$0.02	N/A	N/A	N/A	N/A	2024-05-03
FSM	FORTUNA SILVER MINES INC	$1.38B	$842.43M	$230.43M	-$43.63M	-$0.17	23.62%	26.19%	N/A	N/A	2024-05-13
CGAU	CENTERRA GOLD INC	$1.31B	$1.09B	$158.67M	-$81.28M	-$0.37	28.78%	N/A	N/A	N/A	2024-05-14
SLSR	SOLARIS RESOURCES INC	N/A	$0.00	-$40.08M	-$41.01M	$0.29	N/A	N/A	-44.23%	N/A
NGD	NEW GOLD INC	$1.18B	$786.50M	$189.10M	-$64.50M	-$0.09	30.13%	5.40%	N/A	N/A	2024-05-01
OR	OSISKO GOLD ROYALTIES LTD	$2.86B	$181.85M	$30.50M	-$35.55M	-$0.19	16.96%	-12.54%	N/A	N/A	2024-05-08
GLDG	GOLDMINING INC	$152.10M	$0.00	-$17.14M	-$19.94M	-$0.10	N/A	N/A	N/A	N/A
IAUX	I-80 GOLD CORP	$355.22M	$54.91M	-$32.24M	-$65.20M	-$0.24	48.57%	N/A	N/A	N/A	2024-05-06
VGZ	VISTA GOLD CORP	$61.62M	$0.00	-$6.55M	-$6.59M	-$0.05	N/A	N/A	N/A	N/A	2024-04-26
NFGC	NEW FOUND GOLD CORP	$674.61M	$0.00	-$58.03M	-$58.74M	-$0.33	N/A	N/A	N/A	N/A	2024-05-15
CDE	COEUR MINING INC	$1.65B	$821.21M	$76.85M	-$103.61M	-$0.30	4.53%	5.58%	N/A	N/A	2024-05-02
NG	NOVAGOLD RESOURCES INC	$939.58M	$0.00	-$32.68M	-$46.46M	-$0.13	N/A	N/A	N/A	N/A
DC	DAKOTA GOLD CORP	$208.74M	$0.00	-$37.36M	-$36.45M	-$0.47	N/A	N/A	N/A	N/A
GORO	GOLD RESOURCE CORP	$40.47M	$97.73M	$4.47M	-$16.02M	-$0.18	-29.55%	-3.25%	N/A	N/A	2024-05-01
USAU	US GOLD CORP	$38.17M	$0.00	-$6.60M	-$6.72M	-$0.73	N/A	N/A	N/A	N/A
CTGO	CONTANGO ORE INC	$193.50M	$0.00	-$55.56M	-$59.11M	-$6.91	N/A	N/A	N/A	N/A	2024-05-10
SA	SEABRIDGE GOLD INC	$1.24B	$0.00	-$24.97M	-$21.52M	-$0.26	N/A	N/A	N/A	N/A	2024-05-13

Gold Stocks FAQ

What are the best gold stocks to buy right now in Apr 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 51, which is 25 points higher than the gold industry average of 26. It passed 19 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock return 8.11% over the past year, overperforming other gold stocks by 20 percentage points.

Gold Fields has an average 1 year price target of $13.50, a downside of -18.97% from Gold Fields's current stock price of $16.66.

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 -43.92% over the past year, underperforming other gold stocks by -33 percentage points.

Sibanye Stillwater has an average 1 year price target of $5.50, an upside of 10.44% from Sibanye Stillwater's current stock price of $4.98.

Sibanye Stillwater stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Sibanye Stillwater, 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.

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 -13.9% over the past year, underperforming other gold stocks by -2 percentage points.

Barrick Gold has an average 1 year price target of $22.33, an upside of 36.01% from Barrick Gold's current stock price of $16.42.

Barrick Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Barrick Gold, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 15 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 5.27%, which is 3 percentage points higher than the gold industry average of 2.16%. 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 -233.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. B2gold (NYSEMKT:BTG)

B2gold (NYSEMKT:BTG) has an annual dividend yield of 4.78%, which is 3 percentage points higher than the gold industry average of 2.16%. 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.

3. Newmont (NYSE:NEM)

Newmont (NYSE:NEM) has an annual dividend yield of 3.87%, which is 2 percentage points higher than the gold industry average of 2.16%. Newmont's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Newmont's dividend has shown consistent growth over the last 10 years.

Newmont's dividend payout ratio of -53.9% indicates that its dividend yield might not be sustainable for the long-term.

Why are gold stocks down?

Gold stocks were down -3.24% in the last day, and down -1.57% over the last week. Anglogold Ashanti was the among the top losers in the gold industry, dropping -7.59% yesterday.

Shares of precious metals stocks are trading lower as gold and silver continue to retreat from recent strength.

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 -43.92% in the past year. It has underperformed other stocks in the gold industry by -33 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 32.99% in the past year. It has overperformed other stocks in the gold industry by 44 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 -17.61% in the past year. It has underperformed other stocks in the gold industry by -6 percentage points.

Are gold stocks a good buy now?

46.43% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 18.49% 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 10.75x.

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.