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. Galiano Gold (NYSEMKT:GAU)
The Component Grade breakdown for Galiano Gold (NYSEMKT:GAU) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: D, Financials: C, and AI: B.
Galiano Gold (NYSEMKT:GAU) has a Due Diligence Score of 27, which is -5 points lower than the gold industry average of 32. Although this number is below the industry average, our proven quant model rates GAU as a "A".
GAU passed 9 out of 33 due diligence checks and has average fundamentals. Galiano Gold has seen its stock return 200.85% over the past year, overperforming other gold stocks by 40 percentage points.
Galiano Gold has an average 1 year
price target of $4.25, an upside of 20.74% from Galiano Gold's current stock price of $3.52.
Galiano Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Galiano 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.
2. Iamgold (NYSE:IAG)
Iamgold (NYSE:IAG) is the #2 top gold stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Iamgold (NYSE:IAG) is: Value: A, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: A, and AI: C.
Iamgold (NYSE:IAG) has a Due Diligence Score of 52, which is 20 points higher than the gold industry average of 32.
IAG passed 17 out of 33 due diligence checks and has strong fundamentals. Iamgold has seen its stock return 351.65% over the past year, overperforming other gold stocks by 191 percentage points.
Iamgold has an average 1 year
price target of $17.75, a downside of -27.76% from Iamgold's current stock price of $24.57.
Iamgold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Iamgold, 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. Pan American Silver (NYSE:PAAS)
The Component Grade breakdown for Pan American Silver (NYSE:PAAS) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Pan American Silver (NYSE:PAAS) has a Due Diligence Score of 38, which is 6 points higher than the gold industry average of 32.
PAAS passed 15 out of 38 due diligence checks and has average fundamentals. Pan American Silver has seen its stock return 187.45% over the past year, overperforming other gold stocks by 27 percentage points.
Pan American Silver has an average 1 year
price target of $57.75, a downside of -15.94% from Pan American Silver's current stock price of $68.70.
Pan American Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Pan American Silver, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.