2020 was a great year for gold. The precious metal rallied courtesy of increased demand resulting from investors who used it as a safe haven. Investing in gold will always remain a good idea. Notable gold companies are posting sterling results. One of the most liquid ways of taking advantage of the demand for gold is by buying gold stocks.
Insider Monkey states The 10 Best Gold Stocks to Buy in 2021. Royal Gold Inc. has interests in various metals, including gold, molybdenum, cobalt, lead, zinc, nickel, copper, and silver. The company sold 36,000 ounces of gold, 2,000 ounces of copper, and 484,000 ounces of silver in the quarter ended March 31, 2021. Gold Fields is a gold and copper producing company whose operations extend into multiple countries, including South Africa, Peru, Ghana, and Australia. The company’s earnings highlight its position as one of the best gold stocks available for investors. Kirkland Lake Gold Ltd is one of the leading gold producers in Australia and Canada. It produced 1.36 million ounces of gold last year and its target this year is to produce between 1.3 million and 1.4 million ounces of gold in 2021. Sibanye Stillwater Ltd, the gold mining company, followed up the impressive profit figures with a full year heavily impressive dividend at 371 cents per share (US$25.15 cents per share), making it one of the best gold stocks as far as dividends are concerned. The company’s full-year revenue was $8.65 billion, and its net profit for the entire year was $1.78B net profit. Agnico Eagle is one of Canada’s top gold mining companies, with a track record that spans six decades. The company has operations in multiple countries, including Canada, Mexico, and Finland. For details on other companies on this list, click 10 Best Gold Stocks to Buy in 2021.
