Gold mining stocks have always been a lucrative business for investors and for 2015 and 2016, some of these stocks are still expected to create a stir. While gold commodity is presently declining in market value, many investors are not the least disturbed or turned off from the stocks.
The gold business is a fast moving industry and most times generate a profit for shareholders. Therefore, it is only fitting that everyone who has money to spare should try to get in on the market. Investing in a gold IRA is a great avenue to pursue if one wants to save for retirement.
Here are four top gold stocks to watch in 2015, 2016 and maybe even beyond.
Newmont Mining Corp. (NEM, Financial)
As Newmont Mining continues to show favorable increases, many investors are showing confidence in its performance. The company’s operations spread to countries like the US, Peru, Australia, Indonesia, Ghana, Mexico, Australia and New Zealand.
The company boasts a $5 billion cash asset portfolio and has strong marketability in its securities holdings. As a mark of its strong intentions to continue succeeding, it continues to locate and invest in profitable ventures while repaying old debts and seeing to it that shareholders receive dividends. Although Newmont Mining is making its mark in the gold mining industry, still it pays out a tiny dividend to shareholders of just about 0.04%.
Royal Gold Inc. (RGLD, Financial)
As a strong gold mining company, Royal Gold Inc. specializes in managing metal royalties, as well as streaming companies and deals in acquisition. Its property range consists of ownership of 202 properties spreading across six continents. It has financial interests in 36 mines and the company is still undertaking another 21 projects.
In late 2014, Royal Gold Inc. increased its dividends payment from $0.84 to $0.88 to its shareholders. For each quarterly reached, the company is committed to pay $0.22 per share.
Yamana Gold Inc. (AUY, Financial)
Although Yamana Gold Inc. is a small cap company, still, it attracts a number of investors who are looking to make money. In addition, investors who are desirous of increasing their stock holdings on the exchange often find Yamana stock a worthy investment.
As Yamana Gold Inc. strives to keep its growth acceleration on track each year, the company’s resources keep growing and thus making them a small cap goldmine. Yamana in the sum of 1.43% pays dividends to their shareholders and in the meantime other hungry investors are gearing up to buying more company stock.
Sandstorm Gold Ltd. (SAND, Financial)
Sandstorm Gold is a small company in comparison to gold mining companies. They specialize in acquiring gold and various other precious metals mainly through purchase agreements made with companies that are in the gold mining business and that are conducting business in Canada, Mexico, and Brazil.
Sandstorm Gold’s main task is to provide capital for companies that are looking to get into the mining business as well as those companies that are already operating in the industry but might need financial boost. For the company’s effort, Sandstorm receives gold-streaming agreement that allows them to buy the precious metal at a fixed price.
As investors continue to watch to see what the rest of 2015 will bring and try to access what may happen in 2016, so far most gold stocks are paying dividends and at the same time are rising in value. In the future, the sky will become the limit for gold stocks as the precious commodity continues to attract much attention from the bullish investors.
