Gold Stocks To Follow Now – May 22nd

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 involved in the exploration, mining, or processing of gold. Their market value tends to track movements in the price of gold, providing investors with indirect exposure to bullion prices. Like other equities, they carry both commodity-driven and company-specific risks. 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.

Robinhood Markets stock traded up $0.89 during mid-day trading on Thursday, hitting $64.75. 14,796,953 shares of the company’s stock were exchanged, compared to its average volume of 26,377,489. The stock has a market cap of $57.34 billion, a P/E ratio of 41.17, a P/E/G ratio of 1.05 and a beta of 2.15. Robinhood Markets has a 1-year low of $13.98 and a 1-year high of $66.91. The stock has a 50 day moving average of $46.85 and a two-hundred day moving average of $44.35.

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.

Coca-Cola stock traded down $0.72 during mid-day trading on Thursday, hitting $71.14. 4,577,839 shares of the company’s stock were exchanged, compared to its average volume of 15,631,232. The company has a current ratio of 1.03, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The stock has a market cap of $306.18 billion, a P/E ratio of 28.84, a P/E/G ratio of 3.79 and a beta of 0.47. Coca-Cola has a 1-year low of $60.62 and a 1-year high of $74.38. The stock has a 50 day moving average of $71.02 and a two-hundred day moving average of $66.89.

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.

Newmont stock traded up $0.05 during mid-day trading on Thursday, hitting $52.69. 4,312,486 shares of the company’s stock were exchanged, compared to its average volume of 10,085,987. The company has a current ratio of 1.96, a quick ratio of 1.73 and a debt-to-equity ratio of 0.30. The stock has a market cap of $58.64 billion, a P/E ratio of 17.99, a P/E/G ratio of 0.41 and a beta of 0.31. Newmont has a 1-year low of $36.86 and a 1-year high of $58.72. The stock has a 50 day moving average of $50.74 and a two-hundred day moving average of $45.11.