Promising Gold Stocks To Keep An Eye On – May 15th

Robinhood Markets, Coca-Cola, and Newmont are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of publicly traded companies whose primary business is the exploration for, development of, and production of gold. Their market value tends to track movements in the price of gold—often in a leveraged fashion—while also reflecting company-specific factors such as production costs, reserve levels, and geopolitical risks. Investing in gold stocks thus offers indirect exposure to bullion prices combined with the operational and financial health of individual mining firms. 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 $1.54 on Thursday, reaching $59.85. 21,493,975 shares of the stock were exchanged, compared to its average volume of 26,302,208. The firm has a market capitalization of $53.00 billion, a PE ratio of 38.13, a PEG ratio of 1.05 and a beta of 2.15. Robinhood Markets has a one year low of $13.98 and a one year high of $66.91. The company’s 50-day simple moving average is $44.26 and its two-hundred day simple moving average is $43.08.

Coca-Cola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

NYSE:KO traded up $2.04 on Thursday, reaching $71.20. 9,352,920 shares of the company’s stock traded hands, compared to its average volume of 15,555,135. The stock has a 50-day simple moving average of $70.86 and a 200-day simple moving average of $66.68. The firm has a market cap of $306.47 billion, a PE ratio of 28.81, a P/E/G ratio of 3.79 and a beta of 0.47. Coca-Cola has a 12 month low of $60.62 and a 12 month high of $74.38. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61.

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 Newmont stock traded up $0.72 on Thursday, hitting $49.38. 6,250,318 shares of the company traded hands, compared to its average volume of 10,018,293. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96. The stock has a market capitalization of $54.96 billion, a P/E ratio of 16.84, a price-to-earnings-growth ratio of 0.41 and a beta of 0.31. The business has a 50-day simple moving average of $50.05 and a 200 day simple moving average of $44.96. Newmont has a 52 week low of $36.86 and a 52 week high of $58.72.