Three gold mining stocks have marked significant improvements in their quality rankings, coinciding with gold prices reaching new highs this week.
These stocks have now entered the top 10% bracket for quality, a notable achievement that highlights their operational efficiency and financial health compared to industry peers.
What Does Quality Ranking Mean?
Benzinga Edge Stock Rankings‘ quality metric is a composite score that analyzes a company’s operational efficiency and financial health, relying on historical profitability and fundamental strength indicators.
This score is expressed as a percentile, showing how a company measures up against its sector peers.
3 Gold Mining Stocks With Top-Notch Quality
Anglogold Ashanti PLC (NYSE:AU), Coeur Mining Inc. (NYSE:CDE), and New Gold Inc. (NYSE:NGD) achieved a place in the top 10th percentile, which signifies that these stocks are outperforming many of their competitors on these key metrics.
Anglogold Ashanti
- AU saw its quality percentile rise from 88.68 last week to the 91.44th percentile this week, a gain of 2.76 points. This move underscores the company’s strengthening fundamentals just as the gold price surges.
- The stock has gained by 165.08% year-to-date and 136.60% over a year.
- It maintains a stronger price trend over the …
Full story available on Benzinga.com
Three gold mining stocks have marked significant improvements in their quality rankings, coinciding with gold prices reaching new highs this week.
These stocks have now entered the top 10% bracket for quality, a notable achievement that highlights their operational efficiency and financial health compared to industry peers.
What Does Quality Ranking Mean?
Benzinga Edge Stock Rankings‘ quality metric is a composite score that analyzes a company’s operational efficiency and financial health, relying on historical profitability and fundamental strength indicators.
This score is expressed as a percentile, showing how a company measures up against its sector peers.
3 Gold Mining Stocks With Top-Notch Quality
Anglogold Ashanti PLC (NYSE:AU), Coeur Mining Inc. (NYSE:CDE), and New Gold Inc. (NYSE:NGD) achieved a place in the top 10th percentile, which signifies that these stocks are outperforming many of their competitors on these key metrics.
Anglogold Ashanti
- AU saw its quality percentile rise from 88.68 last week to the 91.44th percentile this week, a gain of 2.76 points. This move underscores the company’s strengthening fundamentals just as the gold price surges.
- The stock has gained by 165.08% year-to-date and 136.60% over a year.
- It maintains a stronger price trend over the …
Full story available on Benzinga.com
Three gold mining stocks have marked significant improvements in their quality rankings, coinciding with gold prices reaching new highs this week.
These stocks have now entered the top 10% bracket for quality, a notable achievement that highlights their operational efficiency and financial health compared to industry peers.
What Does Quality Ranking Mean?
Benzinga Edge Stock Rankings‘ quality metric is a composite score that analyzes a company’s operational efficiency and financial health, relying on historical profitability and fundamental strength indicators.
This score is expressed as a percentile, showing how a company measures up against its sector peers.
3 Gold Mining Stocks With Top-Notch Quality
Anglogold Ashanti PLC (NYSE:AU), Coeur Mining Inc. (NYSE:CDE), and New Gold Inc. (NYSE:NGD) achieved a place in the top 10th percentile, which signifies that these stocks are outperforming many of their competitors on these key metrics.
Anglogold Ashanti
AU saw its quality percentile rise from 88.68 last week to the 91.44th percentile this week, a gain of 2.76 points. This move underscores the company’s strengthening fundamentals just as the gold price surges.
The stock has gained by 165.08% year-to-date and 136.60% over a year.
It maintains a stronger price trend over the …Full story available on Benzinga.com Read MoreAU, Benzinga Ranking, benzinga ratings, CDE, Equities, Market Summary, News, NGD, QQQ, SPY, Broad U.S. Equity ETFs, Futures, Commodities, Markets, ETFs, General, NGD, CA6445351068, SPY, US78462F1030, AU, US0351282068, CDE, US1921085049, QQQ, US73935A1043, News, Equities, Market Summary, Broad U.S. Equity ETFs, Futures, Commodities, Markets, ETFs, General, Benzinga Markets
