Top Gold Stocks To Research – February 09th

Robinhood Markets, Coca-Cola, and Freeport-McMoRan are the three Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks refer to shares of companies that are involved in the exploration, mining, and production of gold. These stocks are directly related to the price of gold and can be impacted by factors such as changes in gold prices, global economic conditions, and mining costs. Investing in gold stocks can provide exposure to the price of gold while also potentially offering opportunities for capital appreciation. 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.

Shares of HOOD stock traded up $2.69 during trading on Friday, reaching $55.86. The company’s stock had a trading volume of 24,890,536 shares, compared to its average volume of 19,924,428. The company has a market capitalization of $49.38 billion, a price-to-earnings ratio of 94.68, a P/E/G ratio of 0.73 and a beta of 2.13. Robinhood Markets has a 1-year low of $11.00 and a 1-year high of $55.98. The stock’s 50-day moving average price is $43.49 and its 200 day moving average price is $31.19.

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.

NYSE:KO traded up $0.48 during midday trading on Friday, reaching $63.84. The company had a trading volume of 13,180,140 shares, compared to its average volume of 15,089,333. The stock’s fifty day simple moving average is $62.53 and its 200-day simple moving average is $66.32. The company has a current ratio of 1.06, a quick ratio of 0.90 and a debt-to-equity ratio of 1.53. Coca-Cola has a 12-month low of $57.93 and a 12-month high of $73.53. The firm has a market capitalization of $275.03 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 3.55 and a beta of 0.61.

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.

Shares of FCX traded up $1.12 during midday trading on Friday, hitting $38.27. The company had a trading volume of 21,524,499 shares, compared to its average volume of 14,045,562. Freeport-McMoRan has a 1 year low of $34.89 and a 1 year high of $55.24. The firm has a market capitalization of $54.98 billion, a P/E ratio of 29.66, a P/E/G ratio of 0.81 and a beta of 1.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.18 and a current ratio of 2.42. The company’s 50-day simple moving average is $39.36 and its 200-day simple moving average is $43.06.