Gold Stocks To Consider – January 31st

Robinhood Markets, Coca-Cola, and Barrick Gold are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares in companies that produce, develop, explore for, or mine gold. Investors can buy these stocks as a way to gain exposure to the precious metal without physically owning it. The price of gold stocks is influenced by various factors, including the price of gold itself, company performance, and overall market conditions. 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.

HOOD stock traded up $0.01 during midday trading on Friday, reaching $53.01. 6,706,566 shares of the company’s stock traded hands, compared to its average volume of 20,714,834. Robinhood Markets has a 52 week low of $10.51 and a 52 week high of $53.51. The company has a market cap of $46.86 billion, a price-to-earnings ratio of 89.78, a P/E/G ratio of 0.69 and a beta of 2.07. The firm’s fifty day moving average price is $41.58 and its 200-day moving average price is $29.90.

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.

Shares of KO stock traded down $0.24 during trading hours on Friday, hitting $63.81. 4,297,206 shares of the company were exchanged, compared to its average volume of 15,764,986. The stock has a market capitalization of $274.90 billion, a price-to-earnings ratio of 26.36, a P/E/G ratio of 3.52 and a beta of 0.61. The firm has a fifty day simple moving average of $62.65 and a 200 day simple moving average of $66.37. The company has a current ratio of 1.06, a quick ratio of 0.90 and a debt-to-equity ratio of 1.53. Coca-Cola has a 52-week low of $57.93 and a 52-week high of $73.53.

Barrick Gold (GOLD)

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.

GOLD stock traded up $0.08 during mid-day trading on Friday, reaching $16.65. 13,221,253 shares of the company traded hands, compared to its average volume of 18,489,301. The company has a market capitalization of $28.75 billion, a P/E ratio of 17.90, a P/E/G ratio of 0.35 and a beta of 0.54. Barrick Gold has a 52-week low of $13.76 and a 52-week high of $21.35. The company has a fifty day moving average price of $16.29 and a 200-day moving average price of $18.25. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.65 and a quick ratio of 2.06.