The Magazine for Asian Investors
The gold price could benefit this week from the weak U.S. labor market figures. After the publication, the gold price rose on Friday and closed with a plus of 0.99% at $1828.60 per ounce.
Gold mining stocks also partially benefited from the news.
Which gold mining stock could show the best performance this week?
Gold Mining Stock Performance
Top 3 Performer:
Equinox Gold Corp. (NYSE: EQX): Equinox Gold Corp. is a Canadian gold producer headquartered in Vancouver, Canada. Equinox operates in North and South America. Equinox has evolved from a single asset producer to a multi-asset producer within two years. Equinox Gold’s vision is to produce one million ounces annually.1
Kirkland Lake Gold Ltd. (NYSE: KL): Kirkland Lake Gold Ltd. is a senior gold producer headquartered in Toronto, Canada, and operating in Canada and Australia. Production target for 2021 is 1,300,000 – 1,400,000 ounces of gold.2
Hecla Mining Company (NYSE: HL): Hecla Mining Company is a precious metals producer headquartered in Coeur d’Alene, Idaho, United States. Hecla Mining Company’s stock has been traded on the NYSE for 50 years and is also the largest U.S. silver producer.3
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