Gold Stocks To Keep An Eye On – June 5th

Robinhood Markets, Freeport-McMoRan, and Newmont are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies engaged in the extraction, exploration, development or processing of gold. Because their revenues and profits depend largely on the market price of bullion, they offer investors leveraged exposure to changes in gold’s value. Like other equities, gold stocks trade on public exchanges and can be influenced by mining costs, geopolitical risks and overall supply-and-demand dynamics for the metal. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

NASDAQ:HOOD traded down $0.01 on Thursday, reaching $72.26. The stock had a trading volume of 41,038,964 shares, compared to its average volume of 39,172,004. The company has a market cap of $63.98 billion, a price-to-earnings ratio of 46.03, a P/E/G ratio of 1.05 and a beta of 2.25. Robinhood Markets has a 12-month low of $13.98 and a 12-month high of $76.75. The firm’s fifty day moving average is $51.30 and its two-hundred day moving average is $46.85.

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Shares of FCX stock traded up $1.31 during trading hours on Thursday, hitting $42.17. 10,041,261 shares of the company were exchanged, compared to its average volume of 13,396,381. The firm has a market cap of $60.60 billion, a PE ratio of 32.69, a PEG ratio of 0.87 and a beta of 1.64. Freeport-McMoRan has a 1 year low of $27.66 and a 1 year high of $52.61. The company has a quick ratio of 1.18, a current ratio of 2.42 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average of $36.30 and a 200 day moving average of $38.39.

Newmont (NEM)

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.

Shares of NEM stock traded down $0.32 during trading hours on Thursday, hitting $54.96. 6,577,339 shares of the company were exchanged, compared to its average volume of 10,176,879. The firm has a market cap of $61.17 billion, a PE ratio of 18.76, a PEG ratio of 0.41 and a beta of 0.31. Newmont has a 1 year low of $36.86 and a 1 year high of $58.72. The company has a quick ratio of 1.73, a current ratio of 1.96 and a debt-to-equity ratio of 0.30. The firm has a fifty day moving average of $51.96 and a 200 day moving average of $45.83.