10 Stocks to watch in Yellow Metal Clan

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During Monday’s Asian exchange, gold goes down to $1,837.50, down 0.12 % intraday. In doing so, though pursuing the risk-positive reports, the yellow metal holds the downside pressure depicted at the week’s start. However, in the wake of the coronavirus (COVID-19) troubles and a lack of clarification regarding the main problems, bears are still wary.

Brexit updates are still on the risk-positive side, suggesting that President Ursula von der Leyen of the European Commission (EC) and UK PM Boris Johnson have decided to prolong the Brexit talks for another week. Over the past week, lawmakers have confirmed that they remain “far apart from Brexit.

A 10-day SMA downside split, currently close to $1,842, directs gold prices to peaks about $1,818/17 in late November before testing the $1,800 mark and the previous month’s low of $1,764.60.

Kinross Gold Corporation (NYSE:KGC) shares were trading down -1.50% at $7.20 at the time of writing on Friday.

Kinross Gold Corporation (NYSE:KGC) share price went from a low point around $2.72 to briefly over $10.31 in past 52 weeks, though shares have since pulled back to $7.20. KGC market cap has remained high, hitting $9.15B at the time of writing, giving it price-to-sales ratio of more than 2.

If we look at the recent analyst rating KGC, BofA Securities upgraded coverage on KGC.

Barrick Gold Corporation (GOLD) last closed at $22.90, in a 52-week range of $12.65 to $31.22. The company on November 26, 2020 reported that it has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking in the 95th percentile of all mining companies assessed. Analysts have a consensus price target of $33.74.

Yamana Gold Inc. (AUY) stock drop by -2.67% to $5.47. The firm revealed on December 3, 2020, positive drill results from the Lavra Velha, Monument Bay, and Borborema projects, as well as the addition of two new projects, Cambista and Cambiazo, to the program in Chile. The most recent rating by BMO Capital Markets, on November 16, 2020, is at an Outperform.

New Gold Inc. (AMEX:NGD) Shares headed falling, lower as much as -3.59%. On November 23, 2020, the gold mining company declared partial redemption of outstanding 6.375% senior notes. The most recent rating by CIBC, on September 16, 2020, is at a Sector outperform.

Newmont Corporation (NYSE:NEM) fall -0.52% after losing more than -$0.31 on Friday. The firm revealed on December 8, 2020, its 2021 outlook with attributable gold production guidance of 6.5 million ounces and AISC of $970 per ounce.

Harmony Gold Mining Company Limited (HMY) last closed at $4.14, in a 52-week range of $1.76 to $7.61. Analysts have a consensus price target of $4.86.

Hecla Mining Company (HL) stock drop by -2.49% to $5.09. The firm declared that its subsidiary Hecla Quebec, operator of the Casa Berardi Mine, has finalized a Cooperation Agreement with the Council of the Abitibiwinni First Nation (CAFN). The most recent rating by ROTH Capital, on October 27, 2020, is at a Buy.

Gold Fields Limited (NYSE:GFI) Shares headed falling, lower as much as -1.46%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform.

B2Gold Corp. (AMEX:BTG) fall -1.08% after losing more than -$0.06 on Friday.

IAMGOLD Corporation (IAG) last closed at $3.54, in a 52-week range of $1.44 to $5.35. On December 1, 2020, IAMGOLD Corporation (IAG) reported remaining assay results from the 2020 drilling program and confirmed the extension of the Renard System to the West at the Nelligan Gold Project, Quebec.

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