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BHP runs just a tad worse than average. As for its three-year revenue growth rate of 12.4%, it’s just a bit better than the metals
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Noticeably, NEM’s rise largely coincides with gold’s recent rally. And unlike the metal itself, Newmont offers a forward yield of 4.1%. Analysts rate NEM as a moderate buy with a $49.10 price target.
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Another significant player among gold stocks to buy, Barrick Gold (NYSE:GOLD) produces both gold and copper at 16 operating sites in 13 countries.
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Instead, it enters into agreements with mining enterprises to purchase a portion (or even all) of their metal production at a predetermined price.
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However, Royal Gold gets the slightest of edge in terms of forward yield (1.35% versus 1.34%). Analysts rate RGLD a moderate buy with a $142.75 price target.
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Currently, DRD trades at a trailing earnings multiple of 12.3x, lower than 62.12% of rivals. Also, its price/earnings-to-growth (PEG) ratio sits at 0.36x, well below the sector median of 1.04x.
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But if you believe in the gold market, NG could be interesting. Finally, analysts rate shares a moderate buy with a $9.39 price target, projecting massive upside.