Sectors & Industries Basic MaterialsGold
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 Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
GFI	GOLD FIELDS LTD	$16.05	2,474,883	-28.69%	16.67	17.09	16.07	14.99	14.04	44.08	19.77	17.57	9.49	11.77	-0.03	0.20	-0.23	0.39
AEM	AGNICO EAGLE MINES LTD	$66.28	1,658,237	-6.91%	65.23	63.86	59.34	54.97	51.81	66.89	72.70	69.34	55.47	49.62	1.86	1.94	-0.08	0.39
AU	ANGLOGOLD ASHANTI (PTY) LTD	$23.37	1,011,618	-25.53%	23.49	23.38	22.44	20.07	19.02	52.52	57.39	54.34	48.12	45.74	0.32	0.38	-0.07	0.40
IAG	IAMGOLD CORP	$3.78	3,944,486	-24.95%	3.70	3.66	3.37	2.93	2.65	58.80	79.52	65.86	62.64	44.95	0.10	0.11	-0.01	0.53
AGI	ALAMOS GOLD INC	$15.32	1,282,364	22.23%	15.13	15.11	14.28	13.43	12.94	58.83	78.31	70.19	49.51	40.79	0.24	0.29	-0.04	0.39
GOLD	BARRICK GOLD CORP	$16.72	11,900,277	-5.66%	16.76	16.89	16.42	16.30	16.21	49.87	42.19	36.49	40.41	30.82	0.01	0.08	-0.07	0.38
KGC	KINROSS GOLD CORP	$7.10	26,777,372	144.21%	6.70	6.60	6.08	5.82	5.47	69.19	82.69	72.78	57.51	39.97	0.20	0.19	0.00	0.52
EGO	ELDORADO GOLD CORP	$15.09	930,526	-10.50%	14.76	14.82	13.84	13.01	11.60	57.61	42.55	32.16	51.65	35.50	0.19	0.25	-0.06	0.60
IDR	IDAHO STRATEGIC RESOURCES INC	$9.25	85,220	-0.39%	8.66	8.90	8.60	7.49	6.44	57.33	62.78	40.22	59.08	36.71	0.02	0.05	-0.03	0.29
RGLD	ROYAL GOLD INC	$123.41	380,087	3.09%	122.92	122.08	117.39	116.55	114.04	56.24	76.88	70.40	69.76	60.85	1.35	1.52	-0.17	0.42
CMCL	CALEDONIA MINING CORP PLC	$9.87	22,130	-11.42%	9.98	10.19	10.46	10.83	10.94	43.25	23.19	21.53	42.57	41.12	-0.19	-0.17	-0.02	0.61
WPM	WHEATON PRECIOUS METALS CORP	$54.36	1,053,698	20.42%	53.41	52.78	48.57	47.56	45.62	66.11	86.92	77.91	54.11	39.65	1.37	1.49	-0.13	0.44
EQX	EQUINOX GOLD CORP	$5.58	2,375,319	41.55%	5.49	5.65	5.44	5.00	4.87	50.10	44.57	38.33	53.04	45.27	-0.02	0.00	-0.03	0.61
TRX	TRX GOLD CORP	$0.45	159,270	-44.49%	0.45	0.45	0.42	0.39	0.39	55.00	27.83	33.88	32.92	27.34	0.01	0.01	-0.00	0.32
ORLA	ORLA MINING LTD	$3.91	206,019	31.63%	3.96	3.97	3.80	3.57	3.66	50.00	34.29	33.97	12.81	11.89	0.03	0.05	-0.02	0.87
PZG	PARAMOUNT GOLD NEVADA CORP	$0.43	33,442	-28.37%	0.43	0.44	0.41	0.39	0.35	52.11	45.33	40.41	60.68	52.71	0.00	0.00	-0.00	0.50
AUST	AUSTIN GOLD CORP	$0.99	42,617	153.07%	0.97	1.02	1.13	0.94	0.86	44.92	43.09	41.83	74.96	68.65	-0.05	-0.05	0.00	0.48
SAND	SANDSTORM GOLD LTD	$5.60	1,513,388	-0.60%	5.56	5.46	5.15	4.90	4.93	57.84	76.54	70.54	54.46	43.82	0.12	0.13	-0.01	0.47
ARMN	ARIS MINING CORP	$4.21	291,127	-9.45%	4.12	3.94	3.58	3.33	N/A	68.12	81.35	80.85	40.74	50.32	0.18	0.17	0.01	0.94
NEM	NEWMONT CORP	$41.54	7,444,374	3.47%	41.57	39.99	36.97	36.65	37.74	62.02	66.44	63.17	39.29	35.58	1.25	1.30	-0.05	0.40
FSM	FORTUNA SILVER MINES INC	$4.81	9,552,111	22.96%	4.73	4.67	4.03	3.68	3.40	60.88	84.17	78.34	54.59	42.79	0.20	0.22	-0.03	0.78
FNV	FRANCO NEVADA CORP	$126.34	492,091	-15.18%	123.28	121.29	117.68	113.28	122.56	63.66	90.73	88.57	98.75	87.42	2.08	1.70	0.38	0.35
SLSR	SOLARIS RESOURCES INC	$3.74	13,540	641.11%	3.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.76
PAAS	PAN AMERICAN SILVER CORP	$18.63	4,042,844	66.27%	18.73	18.82	16.38	15.35	15.26	57.42	56.66	45.95	26.91	20.13	0.57	0.76	-0.19	0.71
THM	INTERNATIONAL TOWER HILL MINES LTD	$0.68	105,495	210.12%	0.66	0.67	0.66	0.61	0.50	53.49	78.04	71.94	90.15	88.54	0.00	0.00	0.00	0.50
ODV	OSISKO DEVELOPMENT CORP	$1.72	151,289	-57.17%	1.97	2.09	2.20	2.37	2.81	30.85	5.86	5.60	0.00	0.00	-0.12	-0.08	-0.04	0.90
OR	OSISKO GOLD ROYALTIES LTD	$15.87	473,777	34.19%	15.73	15.85	15.86	15.09	14.07	51.26	42.99	32.09	64.87	45.04	-0.06	-0.03	-0.02	0.44
CGAU	CENTERRA GOLD INC	$6.54	348,028	20.71%	6.27	6.19	5.90	5.69	5.61	65.20	90.36	74.17	82.50	56.78	0.13	0.12	0.02	0.83
SSRM	SSR MINING INC	$5.33	2,989,586	38.47%	5.44	5.34	4.76	6.91	10.16	53.41	55.41	56.98	15.51	17.38	0.12	0.13	-0.01	0.52
GLDG	GOLDMINING INC	$0.82	293,957	118.38%	0.83	0.84	0.85	0.86	0.85	43.20	23.72	29.57	36.94	49.29	-0.01	-0.01	-0.00	0.84
NGD	NEW GOLD INC	$1.87	2,991,897	22.74%	1.83	1.79	1.68	1.50	1.31	59.58	71.26	64.75	68.60	56.93	0.05	0.05	0.00	0.69
GAU	GALIANO GOLD INC	$1.75	1,593,510	-43.69%	1.66	1.56	1.38	1.14	0.87	68.21	86.13	84.18	95.45	88.13	0.10	0.09	0.01	0.50
BTG	B2GOLD CORP	$2.62	10,799,815	38.36%	2.56	2.61	2.62	2.75	2.94	51.05	41.33	23.90	70.81	44.71	-0.03	-0.03	-0.00	0.53
CDE	COEUR MINING INC	$5.10	4,342,737	-3.89%	4.88	4.69	4.00	3.44	2.99	64.11	82.58	81.66	92.39	81.55	0.27	0.27	0.00	1.28
NFGC	NEW FOUND GOLD CORP	$3.59	146,701	-24.00%	3.62	3.67	3.60	3.46	3.78	47.47	36.19	26.23	40.50	26.94	-0.01	0.00	-0.02	0.73
IAUX	I-80 GOLD CORP	$1.14	4,621,749	69.84%	1.23	1.22	1.32	1.43	1.55	39.12	12.50	24.31	21.87	37.47	-0.03	-0.03	-0.00	1.06
HYMC	HYCROFT MINING HOLDING CORP	$3.49	186,521	-27.55%	3.46	3.62	2.94	2.55	2.78	53.50	41.39	33.03	36.11	25.98	0.10	0.17	-0.07	0.35
DC	DAKOTA GOLD CORP	$2.47	114,158	-45.21%	2.55	2.56	2.38	2.33	2.55	48.83	65.90	60.24	62.45	55.28	0.04	0.05	-0.01	0.85
NG	NOVAGOLD RESOURCES INC	$3.01	541,171	-27.53%	3.00	3.02	2.87	2.98	3.47	51.24	68.47	66.34	73.61	70.89	0.02	0.03	-0.01	0.58
GORO	GOLD RESOURCE CORP	$0.47	223,942	-14.76%	0.47	0.49	0.44	0.37	0.40	50.21	32.06	22.32	43.89	26.07	-0.00	0.01	-0.01	0.65
CTGO	CONTANGO ORE INC	$18.20	51,763	-15.13%	20.07	20.21	20.00	18.20	18.59	38.20	7.58	8.68	2.08	2.08	-0.19	0.10	-0.29	0.27
USAU	US GOLD CORP	$4.60	359,776	1,472.52%	4.35	4.25	3.96	3.85	3.71	61.45	73.75	79.77	78.67	75.53	0.13	0.11	0.01	1.08
VGZ	VISTA GOLD CORP	$0.45	325,608	44.63%	0.50	0.52	0.51	0.45	0.43	34.95	10.53	11.52	5.16	4.45	-0.01	-0.00	-0.01	0.67
SBSW	SIBANYE STILLWATER LTD	$4.66	5,348,293	41.86%	4.78	4.99	4.77	4.81	5.30	44.05	32.82	27.90	44.78	36.04	-0.05	-0.01	-0.04	1.23
SA	SEABRIDGE GOLD INC	$14.97	320,623	-9.39%	15.28	15.26	14.44	12.81	12.12	49.58	43.17	41.85	30.67	28.83	0.13	0.26	-0.13	0.71

Gold Stocks FAQ

What are the best gold stocks to buy right now in May 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 27 points higher than the gold industry average of 24. It passed 19 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock lose -4.52% over the past year, overperforming other gold stocks by 8 percentage points.

Gold Fields has an average 1 year price target of $13.50, a downside of -15.89% from Gold Fields's current stock price of $16.05.

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. Agnico Eagle Mines (NYSE:AEM)

Agnico Eagle Mines (NYSE:AEM) is the second best gold stock with a Zen Score of 44, which is 20 points higher than the gold industry average of 24. It passed 16 out of 38 due diligence checks and has strong fundamentals. Agnico Eagle Mines has seen its stock return 11.64% over the past year, overperforming other gold stocks by 24 percentage points.

Agnico Eagle Mines has an average 1 year price target of $67.00, an upside of 1.09% from Agnico Eagle Mines's current stock price of $66.28.

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

3. Anglogold Ashanti (NYSE:AU)

Anglogold Ashanti (NYSE:AU) is the third best gold stock with a Zen Score of 42, which is 18 points higher than the gold industry average of 24. It passed 17 out of 38 due diligence checks and has strong fundamentals. Anglogold Ashanti has seen its stock lose -17.3% over the past year, underperforming other gold stocks by -5 percentage points.

Anglogold Ashanti has an average 1 year price target of $31.00, an upside of 32.65% from Anglogold Ashanti's current stock price of $23.37.

Anglogold Ashanti stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Anglogold Ashanti, 100% have issued a Strong Buy rating, 0% 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 14 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 5.67%, which is 4 percentage points higher than the gold industry average of 2.1%. 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. Newmont (NYSE:NEM)

Newmont (NYSE:NEM) has an annual dividend yield of 3.49%, which is 1 percentage points higher than the gold industry average of 2.1%. 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 -44.3% indicates that its dividend yield might not be sustainable for the long-term.

3. Gold Fields (NYSE:GFI)

Gold Fields (NYSE:GFI) has an annual dividend yield of 2.43%, which is the same as the gold industry average of 2.1%. Gold Fields's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Gold Fields's dividend has shown consistent growth over the last 10 years.

Gold Fields's dividend payout ratio of 49.4% indicates that its dividend yield is sustainable for the long-term.

Why are gold stocks down?

Gold stocks were down -0.08% in the last day, and up 1.87% over the last week.

We couldn't find a catalyst for why gold stocks are down.

What are the most undervalued gold stocks?

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

1. Paramount Gold Nevada (NYSEMKT:PZG)

Paramount Gold Nevada (NYSEMKT:PZG) is the most undervalued gold stock based on WallStreetZen's Valuation Score. Paramount Gold Nevada has a valuation score of 43, which is 30 points higher than the gold industry average of 13. It passed 3 out of 7 valuation due diligence checks.

Paramount Gold Nevada's stock has gained 25.22% in the past year. It has overperformed other stocks in the gold industry by 37 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 43, which is 30 points higher than the gold industry average of 13. It passed 3 out of 7 valuation due diligence checks.

Eldorado Gold's stock has gained 26.49% in the past year. It has overperformed other stocks in the gold industry by 39 percentage points.

3. Gold Fields (NYSE:GFI)

Gold Fields (NYSE:GFI) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Gold Fields has a valuation score of 43, which is 30 points higher than the gold industry average of 13. It passed 3 out of 7 valuation due diligence checks.

Gold Fields's stock has dropped -4.52% in the past year. It has overperformed other stocks in the gold industry by 8 percentage points.

Are gold stocks a good buy now?

51.72% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 16.46% 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 13.61x.

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.

Sectors & Industries Basic MaterialsGold
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.

Gold Stocks FAQ

1. Gold Fields (NYSE:GFI)

2. Agnico Eagle Mines (NYSE:AEM)

3. Anglogold Ashanti (NYSE:AU)

1. Caledonia Mining (NYSEMKT:CMCL)

2. Newmont (NYSE:NEM)

3. Gold Fields (NYSE:GFI)

1. Paramount Gold Nevada (NYSEMKT:PZG)

2. Eldorado Gold (NYSE:EGO)

3. Gold Fields (NYSE:GFI)

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