6 Best Precious Metals Stocks to Buy Now
Today, let’s talk about the best precious metals stocks to buy now. They are cheap on a price-to-earnings (P|E) basis, and most pay dividends with high dividend yields, making them worth holding for the long term. The companies on this list are cheap since they are companies that produce solid earnings and have enough cash flow to pay dividends to their investors. This is important since many gold and precious metals stocks are highly speculative. They might have potential upside with their gold or precious metals reserves. But it is one thing to own a reserve and another to actually have enough capital to produce the precious metals on a profitable basis. That is why I focused in this list on profitable precious metals stocks, most of which pay a dividend and also have low price-to-earnings (P|E) multiples. 5 Best Stocks to Buy if You Have $100 to Spend Let’s dive in and look at these stocks. DRD DRDGold Limited $5.59 NEXA Nexa Resources $5.39 GLNCY Glencore PLC $10.08 GOLD Barrick Gold $16.98 AU AngloGold $14.64 RGLD Royal Gold $108.71 DRDGold Limited (DRD) Source: aerogondo2 | Shutterstock.com DRDGold Limited (NYSE: DRD ) is a South African gold reclamation company that has a fairly predictable gold output.
6 Best Precious Metals Stocks to Buy Now
Today, let’s talk about the best precious metals stocks to buy now. They are cheap on a price-to-earnings (P|E) basis, and most pay dividends with high dividend yields, making them worth holding for the long term. The companies on this list are cheap since they are companies that produce solid earnings and have enough cash flow to pay dividends to their investors. This is important since many gold and precious metals stocks are highly speculative. They might have potential upside with their gold or precious metals reserves. But it is one thing to own a reserve and another to actually have enough capital to produce the precious metals on a profitable basis. That is why I focused in this list on profitable precious metals stocks, most of which pay a dividend and also have low price-to-earnings (P|E) multiples. 5 Best Stocks to Buy if You Have $100 to Spend Let’s dive in and look at these stocks. DRD DRDGold Limited $5.59 NEXA Nexa Resources $5.39 GLNCY Glencore PLC $10.08 GOLD Barrick Gold $16.98 AU AngloGold $14.64 RGLD Royal Gold $108.71 DRDGold Limited (DRD) Source: aerogondo2 | Shutterstock.com DRDGold Limited (NYSE: DRD ) is a South African gold reclamation company that has a fairly predictable gold output.