Gold Stocks: 5 Seldom Mentioned Names, All In Uptrends

These smaller capitalization gold mining stocks don’t get as much attention as the majors such as Newmont and Agnico Eagle, but they are interesting to look at. Because they’re not as big and less known generally, these miners may be riskier and inappropriate depending on the type of investor.

For those with interest in such situations, here are 5 gold miners now up trending along with the precious metal:

Centerra Gold (NYSE: CGAU) is based in Toronto, Ontario, Canada with operations or projects in that country as well as in the United States and Turkey. Market capitalization is $1.88 billion. Earnings for 2022 were -109% — for the past 5 years, the EPS growth is 21.78%. The stock trades as just above book value with an average daily volume of just 155,000 shares.

The daily price chart is here:

Eldorado Gold Corporation (NYSE: EGO) is another Canadian-based miner with headquarters in Vancouver, British Columbia. The market capitalization is $1.77 billion. Earnings last year show a loss of 92%, the 5-year EPS shows growth of 30.50%. Eldorado Gold is trading at a 45% discount to its book value. The stock is relatively actively traded with an average daily volume of 1.75 million shares.

The daily price chart looks like this:

Equinox Gold Corporation (AMEX: EQX) is headquartered in Vancouver, British Columbia, Canada and operates mines in Ontario, California, Brazil and Mexico. Trading with a price-earnings ratio of 44 and at 60% of book value, the market capitalization is $1.46 billion. In 2022, earnings per share came in at -272% — the record over the past 5 years is +41%.

Here’s the daily price chart:

NovaGold Inc (AMEX: NGD) has corporate headquarters in Vancouver, British Columbia with a main operation in Alaska. The market capitalization is $2.14 billion. Earnings for 2022 were up by 22%. The company has more long-term debt than shareholder equity. The stock trades actively with an average daily volume of 1.23 million shares.

The daily price chart is here:

Osisko Gold Royalties (NYSE: OR) is Montral-based with a portfolio of “more than 175 precious metals royalties, steams and offtake agreements,” according to the company website. It’s the largest of this group of stocks with a market capitalization of $3.33 billion. Osisko trades with a price-earnings ratio of 30 at 1.43 times book. EPS for 2022 was off by 235% and the past 5-year EPS is a negative 18.60%. The company pays a dividend of 1.65%.

The daily price chart looks like this:

These non-major gold mining stocks are not for everyone. These are only for risk-oriented investors with an interest in precious metals. Close study of each one is highly recommended.

Not investment advice. For educational purposes only.