Gold Stocks To Watch Today – March 23rd

Coca-Cola, General Mills, Robinhood Markets, Cadence Design Systems, Newmont, Freeport-McMoRan, and Kraft Heinz are the seven Gold stocks to watch today, according to MarketBeat’s stock screener tool. Gold stocks are shares of companies that focus on the extraction, mining, and production of gold. Their performance is heavily influenced by gold prices, offering investors a leveraged exposure to movements in the commodity market while also carrying unique operational and regulatory risks. 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.

NYSE:KO traded down $1.14 during trading on Friday, reaching $68.58. The company’s stock had a trading volume of 47,446,458 shares, compared to its average volume of 14,081,172. The firm has a market cap of $295.12 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 3.79 and a beta of 0.57. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.84 and a current ratio of 1.03. The firm has a 50 day moving average of $67.00 and a 200-day moving average of $66.48. Coca-Cola has a 12 month low of $57.93 and a 12 month high of $73.53.

General Mills (GIS)

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.

NYSE:GIS traded up $0.47 during trading on Friday, reaching $58.78. The company’s stock had a trading volume of 48,560,704 shares, compared to its average volume of 4,110,811. The firm has a market cap of $32.40 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 1.94 and a beta of 0.06. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.67 and a current ratio of 0.92. The firm has a 50 day moving average of $60.00 and a 200-day moving average of $65.23. General Mills has a 12 month low of $55.15 and a 12 month high of $75.90.

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.

NASDAQ:HOOD traded up $0.70 during trading on Friday, reaching $44.36. The company’s stock had a trading volume of 43,555,704 shares, compared to its average volume of 21,094,221. The firm has a market cap of $39.28 billion, a price-to-earnings ratio of 28.25, a price-to-earnings-growth ratio of 1.05 and a beta of 2.14. The firm has a 50 day moving average of $49.04 and a 200-day moving average of $37.28. Robinhood Markets has a 12 month low of $13.98 and a 12 month high of $66.91.

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.

NASDAQ:CDNS traded up $3.92 during trading on Friday, reaching $262.42. The company’s stock had a trading volume of 5,699,757 shares, compared to its average volume of 1,808,735. The firm has a market cap of $71.93 billion, a price-to-earnings ratio of 67.98, a price-to-earnings-growth ratio of 3.88 and a beta of 1.05. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.27 and a current ratio of 2.93. The firm has a 50 day moving average of $278.01 and a 200-day moving average of $283.98. Cadence Design Systems has a 12 month low of $230.09 and a 12 month high of $328.99.

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.

Shares of NYSE NEM traded down $0.53 during trading on Friday, reaching $47.23. 27,907,685 shares of the stock traded hands, compared to its average volume of 9,376,695. Newmont has a 52-week low of $33.86 and a 52-week high of $58.72. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.96 and a quick ratio of 1.73. The company has a 50-day moving average of $44.10 and a 200-day moving average of $45.58. The stock has a market capitalization of $53.24 billion, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 0.41 and a beta of 0.54.

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 NYSE FCX traded down $0.39 during trading on Friday, reaching $40.31. 22,330,871 shares of the stock traded hands, compared to its average volume of 12,855,654. Freeport-McMoRan has a 52-week low of $33.98 and a 52-week high of $55.24. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.42 and a quick ratio of 1.18. The company has a 50-day moving average of $38.03 and a 200-day moving average of $41.97. The stock has a market capitalization of $57.93 billion, a P/E ratio of 31.25, a price-to-earnings-growth ratio of 0.87 and a beta of 1.87.

Kraft Heinz (KHC)

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.

Shares of NASDAQ KHC traded down $0.19 during trading on Friday, reaching $29.52. 25,259,861 shares of the stock traded hands, compared to its average volume of 8,484,177. Kraft Heinz has a 52-week low of $27.25 and a 52-week high of $38.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.06 and a quick ratio of 0.59. The company has a 50-day moving average of $29.92 and a 200-day moving average of $31.93. The stock has a market capitalization of $35.28 billion, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 3.39 and a beta of 0.40.