What are the best Canadian gold stocks?

Below is a list of the top gold mining stocks based on their exposure to rising gold prices and exploration potential:

  • NEWCORE GOLD (TSX.V: NCAU)
  • RUPERT RESOURCES (TSX.V: RUP)
  • GALLEON GOLD (TSX.V: GGO)
  • GREAT BEAR RESOURCES (TSX.V: GBR)
  • TIMBERLINE RESOURCES (TSX.V: TBR)

Is gold traded on the TSX?

And considering the COVID-19 pandemic wreaked havoc on the global economy in 2020, gold had a very successful year as well, up 24.61%. Considering gold makes up a ton of Canadian stocks on the TSX, it’s important for the Index that they succeed.

Is Wheaton Precious Metals stock a buy?

Despite doubling from its March lows of 2020, at the current price of $43 per share, Wheaton Precious Metals stock (NYSE: WPM) is still quite undervalued and has the potential to offer healthy returns to its investors. In fact, WPM’s stock is likely to see a significant upside of close to 30% from here.

Is WPM a good investment?

Earnings Trend: WPM has become profitable over the past 5 years, growing earnings by 34.4% per year. Accelerating Growth: WPM’s earnings growth over the past year (79.3%) exceeds its 5-year average (34.4% per year).

What is the most popular gold stock?

Best Gold Mining Stocks to Invest In

  • Gold Fields Limited (NYSE: GFI)
  • Hecla Mining Company (NYSE: HL)
  • Sibanye Stillwater Limited (NYSE: SBSW)
  • Royal Gold, Inc.
  • Franco-Nevada Corporation (NYSE: FNV)
  • Alamos Gold Inc.
  • Kirkland Lake Gold Ltd. (NYSE: KL)
  • Kinross Gold Corporation (NYSE: KGC) Number of Hedge Fund Holders: 27.

What is a good gold stock?

Gold Stocks with the Most Momentum
New Found Gold Corp. (NFG.V) CA$8.95 442.4
Sibanye-Stillwater Ltd. (SBSW) 15.89 43.8
Marathon Gold Corp. (MOZ.TO) CA$2.95 25.5
Argonaut Gold Inc. (AR.TO) CA$3.08 15.8

Why is wpm stock down?

Wheaton Precious Metals stock (NYSE: WPM) dropped 25% in the last 6 months and currently trades at $40. The decline in stock price was mainly driven by weakness in gold prices. The recent drop in gold and silver prices took a toll on WPM’s stock, as the company gets more than 95% of its revenue from gold and silver.

Will Newmont stock go up?

Stock Price Forecast The 18 analysts offering 12-month price forecasts for Newmont Corporation have a median target of 71.50, with a high estimate of 86.13 and a low estimate of 60.00. The median estimate represents a +25.18% increase from the last price of 57.12.

Who are the gold companies on the TSX?

The S&P TSX Gold Index consists of 140 precious metal mining companies traded on the Toronto Stock Exchange (TSX). Those companies and their current share prices are listed below: SSR MINING INC. TSX quotes are provided by Ticker Technologies. Quotes delayed by at least 20 minutes.

Which is the best stock on the TSX?

The top-gaining resource stock on the TSX last week was Platinum Group Metals (TSX: PTM ,NYSEMKT:PLG), and it was followed by Americas Silver (TSX: USA ), Altius Minerals (TSX: ALS ), Silvercorp Metals (TSX: SVM) and North American Palladium (TSX: PDL ).

Are there any TSX stocks that are rallying?

The post 2 TSX Stocks to Rally on High Inflation Through 2021 appeared first on The Motley Fool Canada. Is Wheaton Precious Metals Corp.’s (TSE:WPM) Stock’s Recent Performance Being Led By Its Attractive Financial Prospects? Most readers would already be aware that Wheaton Precious Metals’ (TSE:WPM) stock increased significantly by 14% over…

What kind of stocks are precious metals companies?

Precious Metals Stocks. The precious metals sector includes companies that explore for, mine and market metals, including gold, silver, platinum and palladium.