Gold Stocks To Keep An Eye On – April 17th

Coca-Cola, Robinhood Markets, Newmont, Cadence Design Systems, and Agnico Eagle Mines are the five Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies primarily engaged in the exploration, mining, and production of gold. Investors buy gold stocks to gain indirect exposure to the gold market, whereby the stock’s performance is influenced both by changes in gold prices and by the company’s operational success. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

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.

KO stock traded up $1.09 during midday trading on Thursday, hitting $72.77. The stock had a trading volume of 8,559,848 shares, compared to its average volume of 15,338,558. The stock has a 50-day simple moving average of $70.11 and a 200 day simple moving average of $66.40. Coca-Cola has a 52 week low of $58.10 and a 52 week high of $73.95. The firm has a market capitalization of $313.17 billion, a price-to-earnings ratio of 29.48, a P/E/G ratio of 3.79 and a beta of 0.45. The company has a current ratio of 1.03, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61.

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.

Shares of Robinhood Markets stock traded up $0.50 during trading hours on Thursday, hitting $41.16. The company’s stock had a trading volume of 12,515,306 shares, compared to its average volume of 24,088,531. The stock has a 50 day moving average of $45.76 and a 200 day moving average of $39.79. The company has a market capitalization of $36.45 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.05 and a beta of 2.17. Robinhood Markets has a 12 month low of $13.98 and a 12 month high of $66.91.

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.

NEM traded down $0.82 during trading on Thursday, hitting $55.13. The stock had a trading volume of 7,630,725 shares, compared to its average volume of 9,847,696. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.96 and a quick ratio of 1.73. Newmont has a one year low of $36.60 and a one year high of $58.72. The firm has a market cap of $62.14 billion, a price-to-earnings ratio of 18.82, a P/E/G ratio of 0.41 and a beta of 0.54. The company has a 50 day moving average price of $46.78 and a 200-day moving average price of $45.12.

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

Cadence Design Systems stock traded up $1.67 during mid-day trading on Thursday, hitting $260.93. 923,164 shares of the stock were exchanged, compared to its average volume of 1,946,886. The firm’s fifty day simple moving average is $259.01 and its two-hundred day simple moving average is $282.13. Cadence Design Systems has a 12 month low of $221.56 and a 12 month high of $328.99. The stock has a market capitalization of $71.58 billion, a price-to-earnings ratio of 67.63, a PEG ratio of 3.88 and a beta of 1.14. The company has a quick ratio of 2.27, a current ratio of 2.93 and a debt-to-equity ratio of 0.53.

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.

NYSE:AEM traded down $0.74 during trading on Thursday, reaching $121.80. The company’s stock had a trading volume of 1,957,805 shares, compared to its average volume of 2,420,192. The firm has a 50 day moving average of $102.95 and a 200-day moving average of $90.51. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. Agnico Eagle Mines has a 12 month low of $61.56 and a 12 month high of $125.94. The firm has a market cap of $61.30 billion, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 0.66 and a beta of 0.87.