Gold Stocks To Follow Today – November 12th

Freeport-McMoRan, Newmont, and Agnico Eagle Mines are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of publicly traded companies involved in gold mining, exploration, or related activities, giving investors indirect exposure to the gold industry. Their prices can be influenced by gold prices, but also by company performance, operating costs, and broader market conditions. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

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 down $0.64 during midday trading on Thursday, reaching $61.48. 6,043,801 shares of the company traded hands, compared to its average volume of 15,766,604. The firm’s 50 day simple moving average is $69.04 and its two-hundred day simple moving average is $65.29. Freeport-McMoRan has a 1-year low of $38.85 and a 1-year high of $80.24. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.02 and a quick ratio of 0.91. The firm has a market cap of $88.28 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 0.56 and a beta of 1.38.

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.

NYSE NEM traded down $3.86 during mid-day trading on Thursday, hitting $114.61. The stock had a trading volume of 2,493,852 shares, compared to its average volume of 8,412,789. Newmont has a 52-week low of $81.34 and a 52-week high of $135.29. The company has a market cap of $119.10 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 2.17 and a beta of 0.56. The company has a 50 day simple moving average of $118.61 and a 200 day simple moving average of $112.47. The company has a quick ratio of 2.16, a current ratio of 2.45 and a debt-to-equity ratio of 0.15.

Agnico Eagle Mines (AEM)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

AEM traded down $5.11 during trading on Thursday, reaching $180.85. 1,073,795 shares of the stock were exchanged, compared to its average volume of 2,595,721. The business’s 50 day moving average price is $188.46 and its two-hundred day moving average price is $188.68. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 1.90. The company has a market capitalization of $91.49 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 2.90 and a beta of 0.69. Agnico Eagle Mines has a 1 year low of $134.38 and a 1 year high of $255.24.