Sectors & Industries Basic MaterialsGold
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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
ORLA	ORLA MINING LTD	Canada	$1.34B	307,947,000	32.50%	0.00%
SBSW	SIBANYE STILLWATER LTD	South Africa	$5.19B	2,830,370,251	1.87%	0.00%
AEM	AGNICO EAGLE MINES LTD	Canada	$25.44B	493,547,431	55.75%	0.00%
SSRM	SSR MINING INC	United States	$3.01B	206,519,830	60.83%	0.76%	Net Selling	Net Selling
AU	ANGLOGOLD ASHANTI LTD	South Africa	$10.23B	418,600,473	24.15%	0.00%
GFI	GOLD FIELDS LTD	South Africa	$13.95B	891,378,571	23.64%	0.00%
GAU	GALIANO GOLD INC	Canada	$130.92M	224,943,453	40.02%	0.00%
RGLD	ROYAL GOLD INC	United States	$7.94B	65,678,346	82.23%	5.70%	Net Selling	Net Selling
WPM	WHEATON PRECIOUS METALS CORP	Canada	$20.50B	452,370,000	58.33%	0.00%
SAND	SANDSTORM GOLD LTD	Canada	$1.60B	298,825,378	52.34%	0.00%
FNV	FRANCO NEVADA CORP	Canada	$28.28B	191,892,691	64.44%	0.00%
BTG	B2GOLD CORP	Canada	$4.13B	1,075,402,000	54.38%	0.00%
TRX	TRX GOLD CORP	Canada	$130.14M	276,889,970	1.12%	3.50%
CMCL	CALEDONIA MINING CORP PLC	Jersey	$262.14M	18,900,107	8.36%	0.00%
AGI	ALAMOS GOLD INC	Canada	$4.91B	394,618,541	53.19%	0.00%
GOLD	BARRICK GOLD CORP	Canada	$30.11B	1,755,408,000	55.58%	0.00%
KGC	KINROSS GOLD CORP	Canada	$5.92B	1,227,563,020	50.95%	0.00%
IDR	IDAHO STRATEGIC RESOURCES INC	United States	$61.28M	12,256,523	8.41%	11.00%	Net Buying	Net Buying
VOXR	VOX ROYALTY CORP	Canada	$122.75M	45,126,956	31.13%	0.00%
ODV	OSISKO DEVELOPMENT CORP	Canada	$375.74M	83,498,638	10.50%	0.00%
THM	INTERNATIONAL TOWER HILL MINES LTD	Canada	$88.09M	195,313,184	48.74%	51.26%
HL	HECLA MINING CO	United States	$3.35B	612,636,803	59.30%	2.22%	Net Buying
OR	OSISKO GOLD ROYALTIES LTD	Canada	$2.99B	184,724,237	56.57%	0.00%
IAG	IAMGOLD CORP	Canada	$1.43B	478,975,512	49.15%	0.00%
CGAU	CENTERRA GOLD INC	Canada	$1.32B	218,737,013	50.62%	0.00%
EGO	ELDORADO GOLD CORP	Canada	$1.82B	184,887,734	62.41%	0.00%
AUST	AUSTIN GOLD CORP	Canada	$13.68M	13,271,750	0.61%	0.00%
AAU	ALMADEN MINERALS LTD	Canada	$17.29M	137,221,408	2.06%	0.00%
CDE	COEUR MINING INC	United States	$1.07B	333,035,567	62.60%	2.28%	Net Selling	Net Selling
NEM	NEWMONT CORP	United States	$33.41B	794,712,201	78.30%	0.65%	Net Selling	Net Selling
PZG	PARAMOUNT GOLD NEVADA CORP	United States	$14.73M	49,922,401	6.46%	23.03%	Net Buying	Net Buying
VGZ	VISTA GOLD CORP	United States	$67.82M	119,827,572	30.00%	24.19%	Net Selling	Net Selling
USAU	US GOLD CORP	United States	$36.00M	8,371,590	4.85%	67.37%	Net Buying
EQX	EQUINOX GOLD CORP	Canada	$1.53B	312,319,599	32.59%	0.00%
IAUX	I-80 GOLD CORP	United States	$560.26M	246,811,300	39.90%	0.00%
NG	NOVAGOLD RESOURCES INC	United States	$1.78B	333,982,678	53.85%	37.85%	Net Buying	Net Buying
NFGC	NEW FOUND GOLD CORP	Canada	$838.30M	175,377,526	3.57%	0.00%
DC	DAKOTA GOLD CORP	United States	$252.30M	75,314,452	24.79%	26.88%	Net Selling	Net Selling
NGD	NEW GOLD INC	Canada	$805.71M	682,801,000	31.00%	0.00%
GLDG	GOLDMINING INC	Canada	$169.81M	168,125,488	9.23%	0.00%
GORO	GOLD RESOURCE CORP	United States	$70.33M	88,468,542	25.31%	38.02%
TFPM	TRIPLE FLAG PRECIOUS METALS CORP	Canada	$2.83B	200,802,144	80.36%	0.00%
CTGO	CONTANGO ORE INC	United States	$249.16M	7,619,718	8.25%	91.75%	Net Selling
USGO	US GOLDMINING INC	Canada	N/A	12,135,001	0.00%	83.55%	Net Buying	Net Buying
SA	SEABRIDGE GOLD INC	Canada	$1.11B	81,339,012	34.74%	0.00%

Gold Stocks FAQ

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

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

1. Orla Mining (NYSEMKT:ORLA)

Orla Mining (NYSEMKT:ORLA) is the top gold stock with a Zen Score of 60, which is 32 points higher than the gold industry average of 28. It passed 20 out of 33 due diligence checks and has strong fundamentals. Orla Mining has seen its stock return 5.08% over the past year, overperforming other gold stocks by 7 percentage points.

Orla Mining has an average 1 year price target of $7.25, an upside of 67.05% from Orla Mining's current stock price of $4.34.

Orla Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Orla 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. Sibanye Stillwater (NYSE:SBSW)

Sibanye Stillwater (NYSE:SBSW) is the second best gold stock with a Zen Score of 54, which is 26 points higher than the gold industry average of 28. It passed 22 out of 38 due diligence checks and has strong fundamentals. Sibanye Stillwater has seen its stock lose -39.39% over the past year, underperforming other gold stocks by -38 percentage points.

Sibanye Stillwater has an average 1 year price target of $9.50, an upside of 29.43% from Sibanye Stillwater's current stock price of $7.34.

Sibanye Stillwater stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sibanye Stillwater, 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. Agnico Eagle Mines (NYSE:AEM)

Agnico Eagle Mines (NYSE:AEM) is the third best gold stock with a Zen Score of 53, which is 25 points higher than the gold industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Agnico Eagle Mines has seen its stock lose -2.88% over the past year, underperforming other gold stocks by -1 percentage points.

Agnico Eagle Mines has an average 1 year price target of $63.00, an upside of 22.21% from Agnico Eagle Mines's current stock price of $51.55.

Agnico Eagle Mines stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Agnico Eagle Mines, 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 16 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 4.52%, which is 2 percentage points higher than the gold industry average of 2.24%. 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 -310.6% 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 4.17%, which is 2 percentage points higher than the gold industry average of 2.24%.

B2gold's dividend payout ratio of 64% 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 4.04%, which is 2 percentage points higher than the gold industry average of 2.24%. 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 91.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are gold stocks up?

Gold stocks were up 0.94% in the last day, and down -0.8% 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. Ssr Mining (NASDAQ:SSRM)

Ssr Mining (NASDAQ:SSRM) is the most undervalued gold stock based on WallStreetZen's Valuation Score. Ssr Mining has a valuation score of 86, which is 62 points higher than the gold industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Ssr Mining's stock has dropped -28.68% in the past year. It has underperformed other stocks in the gold industry by -27 percentage points.

2. Galiano Gold (NYSEMKT:GAU)

Galiano Gold (NYSEMKT:GAU) is the second most undervalued gold stock based on WallStreetZen's Valuation Score. Galiano Gold has a valuation score of 71, which is 47 points higher than the gold industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Galiano Gold's stock has gained 31.08% in the past year. It has overperformed other stocks in the gold industry by 33 percentage points.

3. Sandstorm Gold (NYSEMKT:SAND)

Sandstorm Gold (NYSEMKT:SAND) is the third most undervalued gold stock based on WallStreetZen's Valuation Score. Sandstorm Gold has a valuation score of 71, which is 47 points higher than the gold industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Sandstorm Gold's stock has dropped -22.38% in the past year. It has underperformed other stocks in the gold industry by -21 percentage points.

Are gold stocks a good buy now?

56% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 18.16% 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 54.08x.

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.