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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
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
$17.892,062,673-36.73%17.3917.3815.6214.8614.0162.1148.8438.3837.1524.850.500.59-0.100.39
GOLD
BARRICK GOLD CORP
$17.3219,018,025-2.95%16.8417.2616.1516.3316.2456.8137.3129.5132.1022.470.180.25-0.070.38
AU
ANGLOGOLD ASHANTI (PTY) LTD
$24.803,549,26544.93%23.2223.3621.6719.6819.0063.9556.1634.5457.0332.590.480.53-0.050.39
AEM
AGNICO EAGLE MINES LTD
$65.812,187,984-56.05%63.6762.5557.0254.0551.3772.9377.9680.7892.1671.542.192.140.050.38
AGI
ALAMOS GOLD INC
$15.441,935,536-3.61%15.1015.0213.8113.3412.8662.9854.7148.9929.7326.950.370.42-0.040.38
IAG
IAMGOLD CORP
$3.806,492,32343.23%3.663.653.222.842.6262.5767.3656.4845.9735.700.140.15-0.010.54
RGLD
ROYAL GOLD INC
$124.26294,658-20.52%122.16122.45115.08116.26114.0059.7780.1963.3769.0149.851.982.12-0.140.41
EGO
ELDORADO GOLD CORP
$15.191,484,134-30.10%14.8214.9913.3312.8711.4861.5749.4435.9234.5021.270.360.47-0.100.59
KGC
KINROSS GOLD CORP
$6.8413,318,463-9.09%6.606.495.845.765.4168.2087.4378.2155.5342.210.240.240.000.52
IDR
IDAHO STRATEGIC RESOURCES INC
$8.7329,765131.33%9.139.028.437.356.3448.0941.0646.4816.1418.360.180.26-0.080.29
CMCL
CALEDONIA MINING CORP PLC
$10.2550,98313.31%10.2110.5210.4610.9911.0346.6829.0925.8833.7628.85-0.15-0.10-0.050.61
WPM
WHEATON PRECIOUS METALS CORP
$53.562,043,01548.56%52.7151.8046.8647.1745.3267.1687.2280.1058.5751.281.791.80-0.020.44
BTG
B2GOLD CORP
$2.636,901,235-30.68%2.592.712.612.792.9848.5920.6915.7130.9621.82-0.02-0.00-0.020.52
TRX
TRX GOLD CORP
$0.46163,8511.08%0.460.450.400.380.3958.0766.3263.8943.0836.340.020.02-0.000.32
EQX
EQUINOX GOLD CORP
$5.685,522,585-36.58%5.675.905.284.974.8651.1725.3415.9726.3413.010.020.12-0.100.60
GAU
GALIANO GOLD INC
$1.653,942,270228.96%1.501.501.271.070.8368.9181.0168.0072.6943.740.080.08-0.000.50
SAND
SANDSTORM GOLD LTD
$5.662,133,276-6.93%5.445.434.964.854.9263.8582.9768.7966.0845.480.140.14-0.000.47
ORLA
ORLA MINING LTD
$4.02251,9472.27%3.983.973.743.493.6856.8946.6045.7437.1238.690.080.09-0.010.87
PZG
PARAMOUNT GOLD NEVADA CORP
$0.4381,636103.24%0.440.450.400.380.3550.0220.7421.988.908.060.010.01-0.000.50
ODV
OSISKO DEVELOPMENT CORP
$2.25103,315120.00%2.152.252.212.432.9051.6222.6113.6127.8011.38-0.04-0.03-0.010.90
HYMC
HYCROFT MINING HOLDING CORP
$3.64737,507101.93%3.693.622.762.462.8257.0440.0842.967.0312.080.280.33-0.050.34
AUST
AUSTIN GOLD CORP
$0.9247,564-46.90%1.011.131.120.920.8540.0714.9312.9213.538.00-0.08-0.04-0.040.52
NEM
NEWMONT CORP
$42.2612,278,491-13.62%39.6439.1035.6636.5337.8568.3984.8270.3783.2166.171.551.250.300.39
ARMN
ARIS MINING CORP
$4.15845,767119.50%2.152.573.774.82N/A23.9925.4618.618.302.77-0.54-0.53-0.000.93
FNV
FRANCO NEVADA CORP
$123.37585,91123.01%120.51120.30115.39112.13123.3761.0688.1773.8083.0960.241.601.560.040.34
SLSR
SOLARIS RESOURCES INC
$3.9949,320-46.22%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-0.85
PAAS
PAN AMERICAN SILVER CORP
$19.234,104,23462.14%18.8518.4815.5715.1115.1868.6844.2246.4028.2921.730.991.12-0.120.71
SSRM
SSR MINING INC
$5.632,934,9561.97%5.335.174.667.3110.4967.0594.1493.15100.0095.770.180.110.070.52
THM
INTERNATIONAL TOWER HILL MINES LTD
$0.6429,807-69.60%0.650.680.640.600.5045.0218.5218.228.678.09-0.000.01-0.010.50
CGAU
CENTERRA GOLD INC
$6.29296,135-25.35%6.186.125.745.655.6260.9781.5082.8867.1262.560.150.140.010.82
FSM
FORTUNA SILVER MINES INC
$4.695,555,35620.95%4.634.623.753.613.3764.0770.2166.6224.2324.130.260.29-0.040.78
OR
OSISKO GOLD ROYALTIES LTD
$16.07321,263-20.02%15.9216.1115.6414.9714.0552.7647.6840.8456.6146.820.040.09-0.050.44
GLDG
GOLDMINING INC
$0.85307,434123.34%0.840.870.840.870.8648.3621.0015.6724.5413.84-0.01-0.00-0.010.84
NGD
NEW GOLD INC
$1.834,786,613-5.67%1.761.771.591.471.2961.9455.9543.2566.8240.690.050.05-0.010.69
IAUX
I-80 GOLD CORP
$1.262,276,470-35.80%1.241.261.331.451.5947.8775.0059.2090.3484.61-0.03-0.040.011.06
NFGC
NEW FOUND GOLD CORP
$3.73271,7886.45%3.693.753.553.453.8352.8527.6326.3432.9627.990.040.05-0.020.73
VGZ
VISTA GOLD CORP
$0.55106,64422.34%0.540.560.490.440.4353.4447.3537.2354.7437.110.010.01-0.010.66
DC
DAKOTA GOLD CORP
$2.56103,783-34.72%2.512.562.312.352.5655.2338.1728.7234.8222.790.050.07-0.020.85
NG
NOVAGOLD RESOURCES INC
$3.061,145,69410.95%2.993.092.783.043.5254.1534.9527.2438.3125.480.030.06-0.030.58
GORO
GOLD RESOURCE CORP
$0.51497,990-43.19%0.490.530.410.360.4154.3331.4225.5930.1922.330.020.03-0.010.65
CDE
COEUR MINING INC
$4.916,150,969-15.78%4.584.613.683.322.9364.7159.7251.7058.3545.050.300.31-0.011.27
USAU
US GOLD CORP
$4.3047,768-42.64%4.144.223.833.803.7155.7839.4432.0829.2821.410.110.12-0.011.08
CTGO
CONTANGO ORE INC
$21.3113,540-34.13%20.4820.1919.5218.2818.8059.2171.7756.4674.1748.580.340.290.050.26
SBSW
SIBANYE STILLWATER LTD
$5.078,844,09269.21%5.065.184.724.815.3952.3525.4118.5513.306.100.050.12-0.061.22
SA
SEABRIDGE GOLD INC
$16.00635,23522.69%15.2915.6513.9612.5612.0661.1965.9053.3854.8742.690.410.49-0.080.71

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 26 points higher than the gold industry average of 25. It passed 19 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock return 16.02% over the past year, overperforming other gold stocks by 22 percentage points.

Gold Fields has an average 1 year price target of $13.50, a downside of -24.54% from Gold Fields's current stock price of $17.89.

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. Barrick Gold (NYSE:GOLD)


Barrick Gold (NYSE:GOLD) is the second best gold stock with a Zen Score of 48, which is 23 points higher than the gold industry average of 25. It passed 17 out of 38 due diligence checks and has strong fundamentals. Barrick Gold has seen its stock lose -8.84% 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 28.94% from Barrick Gold's current stock price of $17.32.

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.

3. Anglogold Ashanti (NYSE:AU)


Anglogold Ashanti (NYSE:AU) is the third best gold stock with a Zen Score of 45, which is 20 points higher than the gold industry average of 25. It passed 18 out of 38 due diligence checks and has strong fundamentals. Anglogold Ashanti has seen its stock lose -6.34% over the past year.

Anglogold Ashanti has an average 1 year price target of $31.00, an upside of 25% from Anglogold Ashanti's current stock price of $24.80.

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 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 5.46%, which is 3 percentage points higher than the gold industry average of 2.05%. 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 4.56%, which is 3 percentage points higher than the gold industry average of 2.05%. 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 dividend yield might not be sustainable for the long-term.

3. Newmont (NYSE:NEM)


Newmont (NYSE:NEM) has an annual dividend yield of 3.43%, which is 1 percentage points higher than the gold industry average of 2.05%. 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.

Why are gold stocks up?

Gold stocks were up 0.27% in the last day, and up 5.58% over the last week.

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

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 28 points higher than the gold industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Eldorado Gold's stock has gained 35.75% in the past year. It has overperformed other stocks in the gold industry by 42 percentage points.

2. Anglogold Ashanti (NYSE:AU)


Anglogold Ashanti (NYSE:AU) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Anglogold Ashanti has a valuation score of 43, which is 28 points higher than the gold industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Anglogold Ashanti's stock has dropped -6.34% in the past year. It has performed in line with other stocks in the gold industry.

3. Barrick Gold (NYSE:GOLD)


Barrick Gold (NYSE:GOLD) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Barrick Gold has a valuation score of 43, which is 28 points higher than the gold industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Barrick Gold's stock has dropped -8.84% in the past year. It has underperformed other stocks in the gold industry by -2 percentage points.

Are gold stocks a good buy now?

48.28% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 12.74% 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 18.57x.
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.