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Best Gold Stocks to Buy Now (2023)
Top gold stocks in 2023 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
GAU
GALIANO GOLD INC
$131.14M$0.00$46.60M$40.81M$0.18N/A-100.00%N/A43.10%2023-05-03
CMCL
CALEDONIA MINING CORP PLC
$195.06M$142.08M$35.33M$17.90M$1.3617.10%15.29%-8.72%9.60%2023-05-10
BTG
B2GOLD CORP
$4.23B$1.73B$507.61M$252.87M$0.24-1.68%22.09%-40.00%31.95%2023-05-01
SBSW
SIBANYE STILLWATER LTD
$5.84B$10.97B$3.14B$2.11B$2.9123.88%36.58%-2.69%34.31%2023-05-09
GFI
GOLD FIELDS LTD
$11.87B$4.29B$1.23B$711.00M$0.802.18%9.19%-10.11%N/A2023-05-04
RGLD
ROYAL GOLD INC
$8.51B$603.21M$468.97M$238.98M$3.64-7.71%6.38%-12.92%33.14%2023-05-04
SSRM
SSR MINING INC
$3.13B$1.15B$424.77M$194.14M$0.92-22.12%20.67%-45.88%9.67%2023-05-01
WPM
WHEATON PRECIOUS METALS CORP
$21.78B$1.07B$908.76M$669.13M$1.48-11.37%4.78%-11.63%62.70%2023-05-03
FNV
FRANCO NEVADA CORP
$27.98B$1.32B$1.12B$700.60M$3.661.21%14.28%-4.69%28.13%2023-05-02
TFPM
TRIPLE FLAG PRECIOUS METALS CORP
$2.33B$151.89M$111.75M$55.09M$0.350.97%N/A12.90%N/A2023-05-09
AU
ANGLOGOLD ASHANTI LTD
$10.13B$4.50B$470.00M$297.00M$0.7111.72%5.81%-52.03%N/A2023-05-12
OR
OSISKO GOLD ROYALTIES LTD
$2.91B$157.83M-$11.71M-$86.05M$0.34-9.51%-1.04%-4.46%N/A2023-05-09
ORLA
ORLA MINING LTD
$1.45B$193.23M$102.52M$45.77M$0.174,585.50%N/AN/AN/A2023-05-10
SAND
SANDSTORM GOLD LTD
$1.74B$148.73M$165.21M$78.36M$0.3429.49%16.85%142.86%41.47%2023-05-09
VOXR
VOX ROYALTY CORP
$134.72M$8.51M$3.82M$328.18k$0.01132.99%N/AN/AN/A2023-04-24
AEM
AGNICO EAGLE MINES LTD
$23.27B$5.74B$2.29B$670.25M$1.5348.36%20.68%-33.77%7.82%2023-04-27
TRX
TRX GOLD CORP
$133.32M$24.81M$7.93M$1.92M$0.00N/AN/AN/AN/A2023-04-12
THM
INTERNATIONAL TOWER HILL MINES LTD
$117.19M$0.00-$3.04M-$3.04M-$0.02N/AN/AN/AN/A2023-05-10
CGAU
CENTERRA GOLD INC
$1.41B$850.19M$68.52M-$77.21M-$0.29-5.55%N/AN/AN/A2023-05-02
AAU
ALMADEN MINERALS LTD
$26.07M$0.00-$7.15M-$8.58M-$0.07N/AN/AN/AN/A2023-05-12
AUST
AUSTIN GOLD CORP
$15.13M$0.00-$773.81k-$774.20k-$0.07N/AN/AN/AN/A
KGC
KINROSS GOLD CORP
$5.76B$3.46B$348.10M$31.90M-$0.4732.91%0.90%N/AN/A2023-05-09
PZG
PARAMOUNT GOLD NEVADA CORP
$16.87M-$116.30k-$5.81M-$6.49M$0.14N/AN/A-30.00%-19.73%2023-05-10
IAG
IAMGOLD CORP
$1.30B$958.80M$256.00M-$55.50M-$0.159.51%-2.62%N/AN/A2023-05-01
DC
DAKOTA GOLD CORP
$272.56M$0.00-$18.16M-$12.61M-$0.35N/AN/AN/AN/A
ODV
OSISKO DEVELOPMENT CORP
$370.59M$46.41M-$125.67M-$139.46M-$2.19681.08%N/AN/AN/A2023-05-10
GORO
GOLD RESOURCE CORP
$92.82M$138.72M$29.60M-$6.32M-$0.0710.81%4.72%N/AN/A2023-05-08
AGI
ALAMOS GOLD INC
$4.82B$821.20M$279.60M$37.10M$0.09-0.29%8.63%N/A0.00%2023-04-25
IDR
IDAHO STRATEGIC RESOURCES INC
$58.92M$7.91M-$3.27M-$4.35M-$0.449.00%16.94%N/AN/A2023-05-15
VGZ
VISTA GOLD CORP
$71.63M$0.00-$4.89M-$4.93M-$0.04N/AN/AN/AN/A2023-05-01
USAU
US GOLD CORP
$46.71M$0.00-$7.37M-$7.49M-$0.89N/AN/AN/AN/A
EGO
ELDORADO GOLD CORP
$1.91B$871.98M-$81.61M-$426.85M-$1.93-7.33%17.38%N/AN/A2023-04-26
HL
HECLA MINING CO
$3.85B$718.91M$143.03M-$37.90M-$0.07-10.97%4.47%N/AN/A2023-05-08
AUY
YAMANA GOLD INC
$5.62B$1.81B-$849.60M-$982.30M-$1.02-0.46%0.04%N/AN/A2023-04-25
GOLD
BARRICK GOLD CORP
$32.60B$11.01B$3.39B$432.00M$0.24-8.11%5.63%-78.95%-27.88%2023-05-02
NGD
NEW GOLD INC
$750.50M$604.40M$158.30M-$66.80M-$0.10-18.93%9.23%N/AN/A2023-05-01
NEM
NEWMONT CORP
$38.91B$11.92B$2.44B-$429.00M-$0.54-2.51%10.06%N/AN/A2023-04-20
NFGC
NEW FOUND GOLD CORP
$876.89M$0.00-$64.56M-$65.21M-$0.39N/AN/AN/AN/A
NG
NOVAGOLD RESOURCES INC
$2.08B$0.00-$45.41M-$53.34M-$0.16N/AN/AN/AN/A2023-04-04
CDE
COEUR MINING INC
$1.18B$785.64M$86.89M-$78.11M-$0.28-5.67%2.06%N/AN/A2023-05-02
EQX
EQUINOX GOLD CORP
$1.58B$952.20M$130.78M-$106.03M-$0.35-12.02%N/AN/AN/A2023-05-01
GLDG
GOLDMINING INC
$198.04M$0.00-$10.50M-$9.78M-$0.07N/AN/AN/AN/A2023-04-12
CTGO
CONTANGO ORE INC
$205.69M$0.00-$34.25M-$35.46M-$5.23N/AN/AN/AN/A2023-05-09
SA
SEABRIDGE GOLD INC
$1.05B$0.00$3.15M-$5.36M-$0.07N/AN/AN/AN/A2023-05-15
IAUX
I-80 GOLD CORP
$589.37M$36.96M-$64.36M-$79.20M-$0.33N/AN/AN/AN/A2023-05-09

Gold Stocks FAQ

What are the best gold stocks to buy right now in Apr 2023?

According to Zen Score, the 3 best gold mining stocks to buy right now are:

1. Galiano Gold (NYSEMKT:GAU)


Galiano Gold (NYSEMKT:GAU) is the top gold stock with a Zen Score of 52, which is 29 points higher than the gold industry average of 23. It passed 16 out of 33 due diligence checks and has strong fundamentals. Galiano Gold has seen its stock return 5.42% over the past year, overperforming other gold stocks by 20 percentage points.

Galiano Gold has an average 1 year price target of $1.40, an upside of 140.14% from Galiano Gold's current stock price of $0.58.

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, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Caledonia Mining (NYSEMKT:CMCL)


Caledonia Mining (NYSEMKT:CMCL) is the second best gold stock with a Zen Score of 46, which is 23 points higher than the gold industry average of 23. It passed 15 out of 38 due diligence checks and has strong fundamentals. Caledonia Mining has seen its stock lose -0.07% over the past year, overperforming other gold stocks by 14 percentage points.

3. B2gold (NYSEMKT:BTG)


B2gold (NYSEMKT:BTG) is the third best gold stock with a Zen Score of 42, which is 19 points higher than the gold industry average of 23. It passed 15 out of 38 due diligence checks and has strong fundamentals. B2gold has seen its stock lose -14.16% over the past year.

B2gold has an average 1 year price target of $4.25, an upside of 7.87% from B2gold's current stock price of $3.94.

B2gold stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering B2gold, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 18 gold stocks that have issued dividends in the past year, the 3 gold stocks with the highest dividend yields are:

1. Newmont (NYSE:NEM)


Newmont (NYSE:NEM) has an annual dividend yield of 4.18%, which is 2 percentage points higher than the gold industry average of 2.17%. Newmont's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Newmont's dividend has shown consistent growth over the last 10 years.

Newmont's dividend payout ratio of -407.4% indicates that its dividend yield might not be sustainable for the long-term.

2. B2gold (NYSEMKT:BTG)


B2gold (NYSEMKT:BTG) has an annual dividend yield of 4.06%, which is 2 percentage points higher than the gold industry average of 2.17%.

B2gold's dividend payout ratio of 66.7% indicates that its dividend yield is sustainable for the long-term.

3. Caledonia Mining (NYSEMKT:CMCL)


Caledonia Mining (NYSEMKT:CMCL) has an annual dividend yield of 3.68%, which is 2 percentage points higher than the gold industry average of 2.17%. 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 41.2% indicates that its dividend yield is sustainable for the long-term.

Why are gold stocks down?

Gold stocks were down -0.33% in the last day, and up 3.04% 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. Galiano Gold (NYSEMKT:GAU)


Galiano Gold (NYSEMKT:GAU) is the most undervalued gold stock based on WallStreetZen's Valuation Score. Galiano Gold has a valuation score of 71, which is 56 points higher than the gold industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Galiano Gold's stock has gained 5.42% in the past year. It has overperformed other stocks in the gold industry by 20 percentage points.

2. Sibanye Stillwater (NYSE:SBSW)


Sibanye Stillwater (NYSE:SBSW) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Sibanye Stillwater has a valuation score of 71, which is 56 points higher than the gold industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Sibanye Stillwater's stock has dropped -48.74% in the past year. It has underperformed other stocks in the gold industry by -35 percentage points.

3. Paramount Gold Nevada (NYSEMKT:PZG)


Paramount Gold Nevada (NYSEMKT:PZG) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Paramount Gold Nevada 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.

Paramount Gold Nevada's stock has dropped -46.39% in the past year. It has underperformed other stocks in the gold industry by -32 percentage points.

Are gold stocks a good buy now?

50% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 12.24% 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 11.64x.
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.