• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Barrick Gold (GOLD)

Barrick Gold is a $37 billion sector-leading gold company. It operates mines in 18 countries across the world with a focus on high-margin, long-life assets.

Barrick’s Q1 results reflect that asset quality, as well as the company’s success in driving profitability and shareholder value. During the quarter, free cash flow clocked in at $393 million. On the strength of those results, Barrick doubled its quarterly dividend.

The stock currently offers a dividend yield of 1.9%.

Trading Tips for All Levels: Avoid These 5 Expensive Mistakes

Don't let costly errors derail your trading success. Learn about the five most expensive mistakes in options trading and how to avoid them, whether you're just starting out or have years of experience. Enhance your trading strategy today and stay ahead of the game!

Learn More

Gold Fields (GFI)

Gold Fields is a South African gold producer with a market cap of $12 billion. The company has total annual gold-equivalent production of 2.2 million ounces and gold-equivalent mineral reserves of 52.1 million ounces.

Gold Fields’ operating efficiency is high and while the stock’s price multiples are low — a nice combination for prospective investors.

In 2021, the company achieved a return on equity of 20% and generated adjusted free cash flow of $463 million. This performance is tied to the high quality of the company’s asset base, as well as solid execution by management.

Meanwhile, the stock looks relatively inexpensive. Currently, it sports a P/E of 12 and offers a dividend yield of 2.8%.

Agnico-Eagle Mines (AEM)

Gold companies often operate in politically unstable regions of the world. This political risk can outweigh any “safe-haven” benefits gained from investing in gold. If you don’t want to take on this added uncertainty, consider Agnico-Eagle Mines.

Agnico is a Canadian senior gold company with a market cap of $23 billion. It boasts operations in relatively stable countries including Canada, Finland and Mexico.

In 2021, the company posted record annual gold production, record annual operating cash flow of $1.3 billion record mineral reserves. Agnico also extended its impressive dividends-paid streak to 38 consecutive years.

Currently, the stock offers a dividend yield of 3.0%.

Sign up for our Moneywise newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.

Follow These Steps Once Your Portfolio Reaches $100K

If you've amassed a $100k+ portfolio, it's time to meet with a trusted advisor. Zoe Financial's elite network of fiduciary advisors offers personalized strategies to enhance your financial success. Experience exclusive investment opportunities and bespoke wealth management services.

Trust Zoe Financial for unparalleled expertise and a commitment to your prosperity.

Get Started

More from Moneywise

Sponsored

This 2 Minute Move Could Knock $500/Year off Your Car Insurance in 2024

Saving money on car insurance with BestMoney is a simple way to reduce your expenses. You’ll often get the same, or even better, insurance for less than what you’re paying right now.

There’s no reason not to at least try this free service. Check out BestMoney today, and take a turn in the right direction.

Karen Thomas, CFA Freelance Contributor

Karen Thomas, CFA, is a freelance contributor to Moneywise.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.