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. Caledonia Mining (NYSEMKT:CMCL)
The Component Grade breakdown for Caledonia Mining (NYSEMKT:CMCL) is: Value: A, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: B, and AI: C.
Caledonia Mining (NYSEMKT:CMCL) has a Due Diligence Score of 57, which is 26 points higher than the gold industry average of 31.
CMCL passed 21 out of 38 due diligence checks and has strong fundamentals. Caledonia Mining has seen its stock return 90.45% over the past year, overperforming other gold stocks by 48 percentage points.
Caledonia Mining has an average 1 year
price target of $28.00, an upside of 21% from Caledonia Mining's current stock price of $23.14.
Caledonia Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Caledonia Mining, 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.
2. Galiano Gold (NYSEMKT:GAU)
The Component Grade breakdown for Galiano Gold (NYSEMKT:GAU) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: D, Financials: B, and AI: C.
Galiano Gold (NYSEMKT:GAU) has a Due Diligence Score of 24, which is -7 points lower than the gold industry average of 31. Although this number is below the industry average, our proven quant model rates GAU as a "A".
GAU passed 8 out of 33 due diligence checks and has weak fundamentals. Galiano Gold has seen its stock return 30.52% over the past year, underperforming other gold stocks by -11 percentage points.
Galiano Gold has an average 1 year
price target of $3.00, an upside of 49.25% from Galiano Gold's current stock price of $2.01.
Galiano Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts 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.
3. Ssr Mining (NASDAQ:SSRM)
The Component Grade breakdown for Ssr Mining (NASDAQ:SSRM) is: Value: B, Growth: A, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: B.
Ssr Mining (NASDAQ:SSRM) has a Due Diligence Score of 43, which is 12 points higher than the gold industry average of 31.
SSRM passed 17 out of 38 due diligence checks and has strong fundamentals. Ssr Mining has seen its stock return 195.77% over the past year, overperforming other gold stocks by 154 percentage points.
Ssr Mining has an average 1 year
price target of $18.95, an upside of 17.78% from Ssr Mining's current stock price of $16.09.
Ssr Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ssr Mining, 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.