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	$16.94	3,124,560	77.13%	16.52	16.94	16.23	15.00	14.05	53.41	38.46	27.84	32.13	18.36	-0.00	0.13	-0.13	0.40
AEM	AGNICO EAGLE MINES LTD	$68.40	2,981,110	-2.60%	65.84	64.53	60.15	55.25	51.97	72.66	88.03	80.62	83.00	68.37	2.08	1.97	0.11	0.39
AU	ANGLOGOLD ASHANTI (PTY) LTD	$24.38	1,804,758	30.39%	23.67	23.40	22.68	20.19	19.04	58.70	66.96	61.23	57.88	51.85	0.39	0.38	0.01	0.40
KGC	KINROSS GOLD CORP	$7.59	20,014,034	9.96%	6.87	6.71	6.19	5.85	5.49	76.43	92.61	88.11	94.62	76.22	0.29	0.22	0.07	0.53
GOLD	BARRICK GOLD CORP	$16.93	16,012,339	-12.16%	16.74	16.79	16.52	16.29	16.21	52.65	56.51	50.09	61.57	52.18	0.04	0.06	-0.02	0.39
RGLD	ROYAL GOLD INC	$127.24	396,865	-9.62%	123.30	122.57	118.36	116.67	114.08	64.08	85.58	81.49	86.11	77.96	1.70	1.55	0.15	0.42
EGO	ELDORADO GOLD CORP	$15.30	1,653,974	27.54%	14.80	14.81	14.04	13.06	11.64	60.08	54.10	48.24	73.79	62.46	0.23	0.24	-0.01	0.61
AGI	ALAMOS GOLD INC	$15.65	1,947,954	-14.25%	15.23	15.14	14.44	13.47	12.98	63.16	85.62	82.78	82.15	66.25	0.29	0.28	0.00	0.40
IDR	IDAHO STRATEGIC RESOURCES INC	$9.58	150,820	483.56%	8.74	8.95	8.67	7.56	6.48	61.07	79.04	71.95	79.28	68.90	0.12	0.07	0.06	0.27
CMCL	CALEDONIA MINING CORP PLC	$10.29	21,005	-36.10%	10.02	10.13	10.48	10.79	10.93	50.84	43.69	32.60	75.19	58.73	-0.13	-0.16	0.03	0.61
WPM	WHEATON PRECIOUS METALS CORP	$54.94	2,587,373	26.23%	53.71	53.09	49.16	47.69	45.72	65.00	84.98	87.90	73.40	66.43	1.47	1.49	-0.01	0.44
ORLA	ORLA MINING LTD	$3.90	160,546	-65.10%	3.94	3.95	3.83	3.59	3.65	49.21	29.75	31.82	7.06	9.28	0.02	0.04	-0.02	0.87
TRX	TRX GOLD CORP	$0.46	277,498	11.58%	0.45	0.45	0.42	0.39	0.39	55.46	34.79	30.04	38.55	32.82	0.01	0.01	-0.00	0.32
PZG	PARAMOUNT GOLD NEVADA CORP	$0.45	84,722	-72.86%	0.43	0.44	0.42	0.39	0.35	56.25	62.53	55.00	81.08	72.34	0.00	0.00	0.00	0.50
THM	INTERNATIONAL TOWER HILL MINES LTD	$0.67	52,587	-64.78%	0.66	0.66	0.66	0.62	0.51	51.76	79.83	80.07	82.99	88.26	0.00	0.00	0.00	0.51
ARMN	ARIS MINING CORP	$4.33	314,946	-14.84%	4.18	4.01	3.64	3.36	N/A	71.90	90.68	86.48	69.73	53.93	0.19	0.18	0.01	0.95
SAND	SANDSTORM GOLD LTD	$5.66	1,431,067	-12.70%	5.59	5.49	5.22	4.92	4.93	58.77	82.05	80.34	61.28	59.37	0.12	0.12	-0.00	0.48
NEM	NEWMONT CORP	$42.49	7,929,433	-18.12%	41.49	40.37	37.45	36.69	37.73	64.53	77.84	72.44	50.36	45.66	1.34	1.31	0.02	0.40
EQX	EQUINOX GOLD CORP	$5.27	3,040,123	-62.55%	5.46	5.57	5.49	5.01	4.87	42.31	33.82	38.88	35.31	43.81	-0.06	-0.02	-0.05	0.61
FSM	FORTUNA SILVER MINES INC	$5.21	7,768,946	-32.05%	4.82	4.72	4.13	3.70	3.42	69.62	84.15	84.77	76.74	66.60	0.24	0.22	0.01	0.78
FNV	FRANCO NEVADA CORP	$127.80	599,951	35.48%	124.35	122.08	118.59	113.60	122.35	66.22	88.35	89.86	100.00	99.17	2.41	1.93	0.48	0.35
PAAS	PAN AMERICAN SILVER CORP	$20.35	5,200,904	-51.68%	19.03	18.93	16.71	15.45	15.30	68.01	72.10	65.15	64.24	46.80	0.75	0.74	0.00	0.72
IAG	IAMGOLD CORP	$4.30	23,746,983	231.25%	3.77	3.70	3.43	2.97	2.66	72.49	91.70	86.52	84.37	73.78	0.14	0.12	0.03	0.54
AUST	AUSTIN GOLD CORP	$0.96	44,814	-7.97%	0.99	1.01	1.14	0.94	0.86	42.78	52.57	47.34	71.44	73.87	-0.05	-0.05	0.00	0.48
OR	OSISKO GOLD ROYALTIES LTD	$16.34	541,181	-22.52%	15.77	15.85	15.94	15.13	14.08	59.17	76.23	60.99	95.29	81.48	0.02	-0.02	0.04	0.45
ODV	OSISKO DEVELOPMENT CORP	$2.05	375,341	95.67%	1.94	2.05	2.19	2.36	2.79	49.33	31.53	17.15	44.88	20.04	-0.10	-0.09	-0.01	0.90
CGAU	CENTERRA GOLD INC	$6.60	296,162	-18.97%	6.33	6.24	5.96	5.70	5.62	66.73	91.19	91.60	97.24	90.86	0.16	0.13	0.03	0.83
SSRM	SSR MINING INC	$5.23	2,897,096	-56.36%	5.39	5.34	4.80	6.80	10.07	49.05	40.61	50.08	6.86	12.72	0.09	0.12	-0.03	0.53
BTG	B2GOLD CORP	$2.77	7,037,928	-41.09%	2.60	2.60	2.64	2.74	2.93	60.45	82.09	62.60	100.00	85.41	0.00	-0.02	0.02	0.53
GAU	GALIANO GOLD INC	$1.78	1,787,425	13.55%	1.70	1.59	1.41	1.16	0.88	67.73	79.53	81.11	82.41	87.11	0.10	0.09	0.01	0.50
GLDG	GOLDMINING INC	$0.82	259,680	24.83%	0.83	0.83	0.85	0.86	0.85	45.24	18.85	22.31	36.53	38.74	-0.01	-0.01	-0.00	0.84
CDE	COEUR MINING INC	$5.29	7,793,035	-13.37%	4.98	4.76	4.11	3.48	3.01	64.18	86.48	85.49	83.23	89.61	0.31	0.28	0.03	1.28
IAUX	I-80 GOLD CORP	$1.18	2,912,100	8.35%	1.21	1.22	1.32	1.42	1.54	43.91	17.54	14.91	28.62	25.20	-0.03	-0.03	-0.00	1.07
NGD	NEW GOLD INC	$1.95	6,509,539	-37.86%	1.86	1.81	1.71	1.51	1.32	63.79	83.88	78.57	85.05	78.03	0.06	0.05	0.01	0.70
HYMC	HYCROFT MINING HOLDING CORP	$3.26	509,057	104.11%	3.39	3.55	3.00	2.58	2.76	47.66	35.16	39.07	26.26	32.28	0.08	0.14	-0.06	0.36
NFGC	NEW FOUND GOLD CORP	$3.57	298,505	7.28%	3.59	3.64	3.62	3.46	3.77	46.35	30.48	34.60	33.09	38.56	-0.02	-0.00	-0.01	0.73
DC	DAKOTA GOLD CORP	$2.63	159,530	42.02%	2.56	2.54	2.40	2.33	2.54	54.66	55.78	59.38	45.32	51.95	0.04	0.05	-0.00	0.86
NG	NOVAGOLD RESOURCES INC	$2.84	1,570,887	-18.82%	2.99	3.00	2.89	2.96	3.46	43.31	44.50	57.78	34.96	56.87	0.00	0.02	-0.02	0.59
GORO	GOLD RESOURCE CORP	$0.47	513,938	-4.58%	0.47	0.48	0.45	0.37	0.40	49.83	51.55	43.45	69.47	58.78	0.00	0.00	-0.00	0.67
USAU	US GOLD CORP	$4.25	118,668	-38.91%	4.37	4.23	4.00	3.86	3.71	50.68	45.15	60.04	55.51	69.46	0.11	0.12	-0.00	1.09
VGZ	VISTA GOLD CORP	$0.54	673,806	77.17%	0.50	0.52	0.52	0.45	0.43	55.35	42.77	24.75	53.70	27.39	-0.01	-0.01	-0.00	0.68
CTGO	CONTANGO ORE INC	$18.89	27,078	-42.58%	19.66	20.08	20.09	18.23	18.59	43.63	16.40	11.67	16.02	8.59	-0.28	-0.03	-0.25	0.27
SBSW	SIBANYE STILLWATER LTD	$5.04	5,834,666	-30.93%	4.81	4.95	4.81	4.81	5.28	53.56	61.03	47.93	76.52	61.50	-0.01	-0.01	-0.00	1.22
SLSR	SOLARIS RESOURCES INC	$3.78	20,638	123.74%	3.84	N/A	N/A	N/A	N/A	56.80	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.83
SA	SEABRIDGE GOLD INC	$15.25	434,669	-14.53%	15.19	15.20	14.60	12.88	12.15	52.67	47.72	45.47	34.49	33.28	0.13	0.21	-0.08	0.72

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 29 points higher than the gold industry average of 22. It passed 19 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock return 3.93% over the past year, overperforming other gold stocks by 13 percentage points.

Gold Fields has an average 1 year price target of $13.50, a downside of -20.31% from Gold Fields's current stock price of $16.94.

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 22 points higher than the gold industry average of 22. It passed 16 out of 38 due diligence checks and has strong fundamentals. Agnico Eagle Mines has seen its stock return 15.44% 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, a downside of -2.05% from Agnico Eagle Mines's current stock price of $68.40.

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 20 points higher than the gold industry average of 22. It passed 17 out of 38 due diligence checks and has strong fundamentals. Anglogold Ashanti has seen its stock lose -11.83% over the past year, underperforming other gold stocks by -3 percentage points.

Anglogold Ashanti has an average 1 year price target of $31.00, an upside of 27.15% from Anglogold Ashanti's current stock price of $24.38.

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 5.44%, which is 3 percentage points higher than the gold industry average of 2.03%. 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 3.41%, which is 1 percentage points higher than the gold industry average of 2.03%. 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. Barrick Gold (NYSE:GOLD)

Barrick Gold (NYSE:GOLD) has an annual dividend yield of 2.36%, which is the same as the gold industry average of 2.03%. Barrick Gold's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Barrick Gold's dividend has shown consistent growth over the last 10 years.

Barrick Gold's dividend payout ratio of 48.8% indicates that its dividend yield is sustainable for the long-term.

Why are gold stocks up?

Gold stocks were up 0.29% in the last day, and up 4.66% over the last week. Anglogold Ashanti was the among the top gainers in the gold industry, gaining 1.41% yesterday.

AngloGold Ashanti shares are trading higher after the company reported Q1 gold production.

What are the most undervalued gold stocks?

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

1. Eldorado Gold (NYSE:EGO)

Eldorado Gold (NYSE:EGO) is the most undervalued gold stock based on WallStreetZen's Valuation Score. Eldorado Gold has a valuation score of 43, which is 32 points higher than the gold industry average of 11. It passed 3 out of 7 valuation due diligence checks.

Eldorado Gold's stock has gained 30.99% in the past year. It has overperformed other stocks in the gold industry by 40 percentage points.

2. Paramount Gold Nevada (NYSEMKT:PZG)

Paramount Gold Nevada (NYSEMKT:PZG) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Paramount Gold Nevada has a valuation score of 43, which is 32 points higher than the gold industry average of 11. It passed 3 out of 7 valuation due diligence checks.

Paramount Gold Nevada's stock has gained 42.36% in the past year. It has overperformed other stocks in the gold industry by 51 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 32 points higher than the gold industry average of 11. It passed 3 out of 7 valuation due diligence checks.

Gold Fields's stock has gained 3.93% in the past year. It has overperformed other stocks in the gold industry by 13 percentage points.

Are gold stocks a good buy now?

53.33% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 12.99% 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 8.42x.

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.