5 Best Junior Gold Mining Stocks To Buy Now


So what are the best junior gold mining stocks to buy now? Keep up reading as we have brought up with three of them now, based on Insider Monkey’s latest article. DRDGOLD Limited ranks fifth on the compilation. The company is headquartered in South Africa and operates in the exploration and mining of precious metals from the retreatment of surface tailings. The price of its shares has recketed recently, as it has grown from$9.47 to $19 per share. Adjusted EBITDA in the quarter boosted by 110%. The company has a market cap of $792.3 at present, and it had a return of 21.83% during the past year. DRDGOLD is followed by Golden Minerals Company on the fourth spot. The firm is headquartered in Colorado and is engaged in numerous gold exploration and mining projects in Argentina, Mexico and Nevada. Furthermore the firm is about to begin production at Velardeña Properties in 2021-2022. In the latest quarter the company had $5.6 million earnings, although the street projected it would be around $0.14 million more. In the end of the fourth quarter of 2020, Insider Monkey could track 1 hedge fund in the company. Jim Simons’ Renaissance Technologies is the largest stakeholder with having 433,215 shares, at a value of $390,000. Seabridge Gold Inc stands on the second spot on the list. The company is headquartered in Toronto, Canada and is involved in producing gold and other precious metals. The Kerr Sulphurets Mitchell mine is owned by Seabridge, and according to Insider Monkey’s investigation, the mine”s capacity is 130,000t of gold, silver, copper and molybdenum ore per day. In December 2020, Seabridge bought Snowfield gold mining property from Pretivm Resources for $100 million in cash. Weiss Asset Management is the largest stakeholder in the company, with owning 1.6 million shares at a value of $34.4. As of the fourth quarter of 2020, there were 9 long hedge funds in te company, compared to 10 at the end of the third quarter. If you are eager to know more about the best junior gold mining stocks to buy now, please click and jump to the entire original article.