Kinross Gold Corporation (NYSE: KGC)Newmont Corporation
Newmont is one of the worldâs largest gold producers and a producer of copper, silver, zinc, and lead. The companyâs world-class portfolio of assets spans many continents. It is also the only gold producer that is listed in the S&P 500 index. Boasting over 31,600 employees and the largest gold reserves in the world, the company is truly a force to reckon with in the industry. NEM stock currently trades at $66.59 as of 1:04 p.m. ET and has been up by over 15% since the start of March.
Source: TD Ameritrade TOS
In February, the company reported record full-year and fourth-quarter financial results, much to investorsâ delight. Newmont produced 5.9 million attributable ounces of gold and over 1 million attributable gold equivalent ounces of co-products. The company had achieved its 2020 full-year guidance with these figures. Impressively, Newmont also ended the year with $5.5 billion in consolidated cash. The comp
April 06, 2021 at 15:24 PM EDT Top Gold Stocks To Watch We all know about the tremendous price increase that gold stocks experienced in 2020. The metal fell short in March when the pandemic was destroying the economy. Then one month later, a huge boom was seen for gold stocks. This resulted in the price of gold reaching new record highs in the market last year. So, where do things stand with gold stocks at the moment? Well, gold stocks have taken a dive as the world has begun to recover. Yet, at the same time, many gold stocks are increasing in market value in 2021. On April 5 th , gold and silver prices are lower. This is as a result of investors and traders are not wanting to risk as much. This was caused by a positive U.S. economic report that was released last week. In addition to this, the U.S. dollar index paused as a result of recent gains. The price of gold is still holding above $1700 per ounce at the moment. Many analysts believed it would fall further than this, while