Promising Gold Stocks To Follow Now – January 18th

Freeport-McMoRan, Newmont, and Hecla Mining are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are equity securities issued by companies involved in the gold industry — primarily miners and explorers, but also developers, producers, and royalty/streaming firms; the term is sometimes used more broadly to include ETFs that hold those equities. Their share prices generally track movements in the gold price but tend to be more volatile due to company-specific factors like production costs, mine life, geopolitical risk, and management execution. Investors use gold stocks for leveraged exposure to bullion, potential growth from new discoveries or improved operations, and portfolio diversification or inflation hedging, while bearing operational and equity-market risks. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

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.

Hecla Mining (HL)

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.