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Best Gold Stocks to Buy Now (2024)
Top gold stocks in 2024 ranked by overall Due Diligence Score. See the best gold stocks to buy now, according to analyst forecasts for the gold industry.

Industry: Gold

Overview Due Diligence Score Price Valuation Financials Forecast Earnings & Revenue

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
IDR	IDAHO STRATEGIC RESOURCES INC	$167.76M	$21.96M	$8.63M	$6.68M	$0.51	64.93%	31.65%	325.00%	N/A
GFI	GOLD FIELDS LTD	$12.63B	$4.50B	$1.23B	$703.30M	$0.79	4.99%	11.79%	-1.25%	N/A
GOLD	BARRICK GOLD CORP	$29.71B	$12.34B	$4.80B	$1.63B	$0.93	11.02%	N/A	3,000.00%	N/A
RGLD	ROYAL GOLD INC	$9.61B	$669.50M	$533.92M	$287.40M	$4.36	8.68%	8.67%	22.82%	13.94%
CMCL	CALEDONIA MINING CORP PLC	$194.88M	$174.16M	N/A	$9.67M	$0.48	22.80%	20.04%	N/A	-34.16%
EGO	ELDORADO GOLD CORP	$3.31B	$1.19B	$565.90M	$276.48M	$1.38	25.65%	18.08%	360.00%	N/A
FSM	FORTUNA MINING CORP	$1.54B	$1.03B	$352.51M	$32.28M	$0.07	38.19%	32.84%	N/A	11.84%
WPM	WHEATON PRECIOUS METALS CORP	$28.53B	$1.22B	$937.66M	$609.43M	$1.35	29.72%	7.84%	13.69%	115.41%
ORLA	ORLA MINING LTD	$1.61B	$314.10M	$121.69M	$4.45M	$0.02	38.09%	N/A	-88.24%	N/A
SAND	SANDSTORM GOLD LTD	$1.71B	$173.38M	$152.60M	$35.47M	$0.12	-0.12%	15.90%	1,100.00%	14.87%
CGAU	CENTERRA GOLD INC	$1.27B	$1.25B	$373.20M	$104.12M	$0.50	29.99%	N/A	N/A	N/A
AEM	AGNICO EAGLE MINES LTD	$42.63B	$7.82B	$3.37B	$1.01B	$1.97	25.00%	27.95%	-62.90%	N/A
VGZ	VISTA GOLD CORP	$71.43M	$0.00	$11.32M	$11.27M	$0.10	N/A	N/A	N/A	N/A
KGC	KINROSS GOLD CORP	$12.17B	$4.85B	$2.34B	$738.60M	$0.60	15.44%	8.08%	200.00%	33.78%
AGI	ALAMOS GOLD INC	$8.17B	$1.23B	$612.90M	$243.80M	$0.61	22.50%	13.17%	19.61%	N/A
IAG	IAMGOLD CORP	$3.19B	$1.46B	$1.07B	$724.00M	-$0.21	62.90%	6.90%	N/A	N/A
TRX	TRX GOLD CORP	$98.63M	$41.16M	$12.35M	$3.51M	$0.00	7.41%	N/A	-100.00%	N/A	2025-01-13
FNV	FRANCO NEVADA CORP	$23.78B	$1.10B	-$181.20M	-$605.80M	-$3.17	-11.34%	8.34%	N/A	N/A
OR	OSISKO GOLD ROYALTIES LTD	$3.65B	$179.72M	$12.05M	-$39.79M	-$0.21	0.87%	-12.16%	N/A	N/A
BTG	B2GOLD CORP	$3.54B	$1.91B	N/A	-$731.23M	-$0.56	-4.99%	12.28%	N/A	N/A
CDE	COEUR MINING INC	$2.71B	$1.01B	$239.54M	-$4.46M	-$0.02	31.38%	8.89%	N/A	N/A
EQX	EQUINOX GOLD CORP	$2.51B	$1.24B	$745.32M	$245.22M	$0.60	17.84%	45.02%	275.00%	N/A
THM	INTERNATIONAL TOWER HILL MINES LTD	$90.66M	$0.00	-$3.36M	-$3.36M	-$0.02	N/A	N/A	N/A	N/A
NEM	NEWMONT CORP	$46.76B	$16.99B	$2.49B	-$1.21B	-$2.12	53.66%	14.00%	N/A	N/A
SSRM	SSR MINING INC	$1.23B	$1.10B	-$392.79M	-$484.68M	-$2.38	-15.99%	15.56%	N/A	N/A
PAAS	PAN AMERICAN SILVER CORP	$8.26B	$2.67B	$766.60M	-$50.50M	-$0.13	32.22%	19.01%	N/A	N/A
AUST	AUSTIN GOLD CORP	$21.79M	$0.00	-$2.93M	-$2.93M	-$0.23	N/A	N/A	N/A	N/A
GAU	GALIANO GOLD INC	$344.30M	$166.79M	$52.16M	-$586.00k	-$0.01	N/A	N/A	N/A	N/A
NGD	NEW GOLD INC	$2.27B	$861.50M	$255.40M	$20.10M	$0.02	14.85%	5.83%	N/A	N/A
PZG	PARAMOUNT GOLD NEVADA CORP	$24.59M	$0.00	-$6.06M	-$7.55M	$0.12	N/A	-100.00%	-7.69%	-12.20%
ARMN	ARIS MINING CORP	$644.97M	$484.51M	$111.59M	-$985.00k	-$0.01	13.72%	N/A	N/A	N/A
ODV	OSISKO DEVELOPMENT CORP	$161.50M	$8.25M	-$145.78M	-$150.09M	-$1.81	-74.10%	N/A	N/A	N/A
NG	NOVAGOLD RESOURCES INC	$1.17B	$0.00	-$29.76M	-$45.18M	-$0.13	N/A	N/A	N/A	N/A	2025-01-22
NFGC	NEW FOUND GOLD CORP	$338.03M	$0.00	-$40.68M	-$41.30M	-$0.22	N/A	N/A	N/A	N/A
IAUX	I-80 GOLD CORP	$239.45M	$52.94M	-$80.01M	-$122.53M	-$0.36	30.02%	N/A	N/A	N/A
HYMC	HYCROFT MINING HOLDING CORP	$55.45M	$0.00	-$34.50M	-$59.67M	-$2.57	-100.00%	-100.00%	N/A	N/A
GLDG	GOLDMINING INC	$171.09M	$0.00	-$17.34M	-$18.96M	-$0.10	N/A	N/A	N/A	N/A
DC	DAKOTA GOLD CORP	$210.58M	$0.00	-$36.67M	-$36.66M	-$0.42	N/A	N/A	N/A	N/A
CNL	COLLECTIVE MINING LTD	$239.11M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SBSW	SIBANYE STILLWATER LTD	$2.82B	$6.04B	-$1.96B	-$2.01B	-$2.84	-23.54%	12.05%	N/A	N/A
USAU	US GOLD CORP	$80.92M	$0.00	-$8.21M	-$8.33M	-$0.83	N/A	N/A	N/A	N/A	2024-12-13
GORO	GOLD RESOURCE CORP	$17.54M	$73.90M	-$13.20M	-$45.31M	-$0.49	-32.18%	-9.86%	N/A	N/A
NVA	NOVA MINERALS LTD	$2.68B	-$6.65M	-$10.39M	-$10.86M	-$0.05	N/A	N/A	N/A	N/A
SA	SEABRIDGE GOLD INC	$1.25B	$0.00	N/A	-$9.11M	-$0.11	N/A	N/A	N/A	N/A
CTGO	CONTANGO ORE INC	$148.70M	$0.00	-$65.39M	-$76.37M	-$7.82	N/A	N/A	N/A	N/A

Gold Stocks FAQ

What are the best gold stocks to buy right now in Dec 2024?

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

1. Idaho Strategic Resources (NYSEMKT:IDR)

Idaho Strategic Resources (NYSEMKT:IDR) is the top gold stock with a Due Diligence Score of 71, which is 44 points higher than the gold industry average of 27. It passed 24 out of 33 due diligence checks and has strong fundamentals. Idaho Strategic Resources has seen its stock return 81.39% over the past year, overperforming other gold stocks by 60 percentage points.

Idaho Strategic Resources has an average 1 year price target of $14.00, an upside of 14.01% from Idaho Strategic Resources's current stock price of $12.28.

Idaho Strategic Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Idaho Strategic Resources, 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. Gold Fields (NYSE:GFI)

Gold Fields (NYSE:GFI) is the second best gold stock with a Due Diligence Score of 56, which is 29 points higher than the gold industry average of 27. It passed 21 out of 38 due diligence checks and has strong fundamentals. Gold Fields has seen its stock lose -3.29% over the past year, underperforming other gold stocks by -24 percentage points.

Gold Fields has an average 1 year price target of $15.90, an upside of 12.53% from Gold Fields's current stock price of $14.13.

Gold Fields stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Gold Fields, 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.

3. Barrick Gold (NYSE:GOLD)

Barrick Gold (NYSE:GOLD) is the third best gold stock with a Due Diligence Score of 54, which is 27 points higher than the gold industry average of 27. It passed 20 out of 38 due diligence checks and has strong fundamentals. Barrick Gold has seen its stock lose -2.7% over the past year, underperforming other gold stocks by -24 percentage points.

Barrick Gold has an average 1 year price target of $24.00, an upside of 41.59% from Barrick Gold's current stock price of $16.95.

Barrick Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Barrick Gold, 33.33% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% 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 16 gold stocks that have issued dividends in the past year, the 3 gold stocks with the highest dividend yields are:

1. Ssr Mining (NASDAQ:SSRM)

Ssr Mining (NASDAQ:SSRM) has an annual dividend yield of N/A, which is N/A percentage points lower than the gold industry average of 1.85%.

Ssr Mining's dividend payout ratio of -2.9% indicates that its dividend yield might not be sustainable for the long-term.

2. Caledonia Mining (NYSEMKT:CMCL)

Caledonia Mining (NYSEMKT:CMCL) has an annual dividend yield of 5.52%, which is 4 percentage points higher than the gold industry average of 1.85%. 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 87.5% indicates that its high dividend yield is sustainable for the long-term.

3. B2gold (NYSEMKT:BTG)

B2gold (NYSEMKT:BTG) has an annual dividend yield of 4.44%, which is 3 percentage points higher than the gold industry average of 1.85%. 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 -28.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are gold stocks down?

Gold stocks were down -0.53% in the last day, and down -0.05% over the last week. Barrick Gold was the among the top losers in the gold industry, dropping -2.42% yesterday.

Barrick Gold shares are trading lower. Mali has issued an arrest warrant for the company CEO.

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 57, which is 44 points higher than the gold industry average of 13. It passed 4 out of 7 valuation due diligence checks.

Eldorado Gold's stock has gained 26.11% in the past year. It has overperformed other stocks in the gold industry by 5 percentage points.

2. Barrick Gold (NYSE:GOLD)

Barrick Gold (NYSE:GOLD) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Barrick Gold has a valuation score of 43, which is 30 points higher than the gold industry average of 13. It passed 3 out of 7 valuation due diligence checks.

Barrick Gold's stock has dropped -2.7% in the past year. It has underperformed other stocks in the gold industry by -24 percentage points.

3. Vista Gold (NYSEMKT:VGZ)

Vista Gold (NYSEMKT:VGZ) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Vista Gold has a valuation score of 43, which is 30 points higher than the gold industry average of 13. It passed 3 out of 7 valuation due diligence checks.

Vista Gold's stock has gained 56.76% in the past year. It has overperformed other stocks in the gold industry by 36 percentage points.

Are gold stocks a good buy now?

56.25% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 27.54% 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 0.35x.

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.