Barrick also owns gold mines and exploration properties in Africa and gold projects located in South America and North America. It also has a strategic cooperation agreement with Shandong Gold Group.
Barrick Gold stock investors receive a 2% dividend yield. BofA Securities has a $31.75 price target, while the consensus target is $28.41. Thursday’s closing share price was $20.03.
B2Gold
This is a small-cap gold stock for aggressive investors looking for sector exposure. B2Gold Corp. (NYSE: BTG) is a global, growth-oriented mid-tier gold producer whose primary assets include gold mines located in Nicaragua (La Libertad and El Limon), the Philippines (Masbate) and Namibia (Otjikoto) and Mali (Fekola).
The company reported that gold production in first quarter of 2022 was 209,365 ounces, including 12,892 ounces of attributable production from Calibre Mining, which was 5% above budget. In addition, consolidated gold revenues for the quarter were $366 million, up 1% year over year, due in part to a higher average realized gold price, which was offset by lower gold ounces sold. In the first quarter, the company sold 195,100 ounces of gold for a very solid $1,874 per ounce.
The company also reported that the total consolidated gold production figure was 5% lower than the prior-year quarter due to the previously planned significant waste stripping campaign, in addition to lower mined ore tonnage at the Fekola mine in the first quarter of 2022, as Fekola Pit continues to be developed.
Investors receive a 4.30% dividend. The $5.85 BofA Securities price target is in line with the $5.87 consensus target for B2Gold stock, which closed on Thursday at $3.72.
Gold Fields
This company posted solid earnings and looks to be breaking out of a double-top high. Gold Fields Ltd. (NYSE: GFI) operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia and Peru.
The company also explores for copper deposits. It holds interests in nine operating mines with an annual gold-equivalent production of approximately 2.24 million ounces, as well as gold mineral reserves of approximately 52.1 million ounces and mineral resources of approximately 116.0 million ounces. Gold Fields was founded in 1887 and is based in Sandton, South Africa.
Investors receive a 2.73% dividend. BofA Securities has set a $14.88 target price. The consensus target is $14.66, and Thursday’s final Gold Fields stock trade was reported at $9.79.
Kinross Gold
Investors who are more aggressive may want to consider this smaller cap mining company. Kinross Gold Corp. (NYSE: KGC) engages in the acquisition, exploration and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania.
The company is also involved in the extraction and processing of gold-containing ores, reclamation of gold mining properties and the production and sale of silver.
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