U.S. non-farm payrolls data, released on Friday, surged by 271,000 in October versus expectations of an increase of 190,000. This positive report heightened expectations of a Federal Reserve interest rate hike in December, sending the price of gold down as much as 2%. A rate increase would further strengthen the U.S. dollar while hurting Canada’s currency and weighing on most gold stocks, especially the ones on our list today.
Alamos Gold Inc. (TSX: AGI) – $4.51
Gold
Alamos Gold Inc. is a Canada-based mid-tier gold producer that is engaged in the acquisition, exploration, development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico, Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico, which includes several satellite gold occurrences. It also owns the Agi Dagi, Kirazli and Camyurt gold development projects in Turkey.
- Market Cap: 1,182,991,201
- Revenues (LTM): $325,100,000
- Total Equity (LFQ): $2,033,200,000
- YTD Price Change: -44.2%
Eldorado Gold Corp. (TSX: ELD) – $4.33
Gold
Eldorado Gold Corporation owns and operates mines around the world. Its operating gold mines include Kisladag in Turkey (100%), Efemcukuru in Turkey (100%), Tanjianshan in China (90%), White Mountain in China (95%) and Jinfeng in China (82%).
- Market Cap: $3,143,427,077
- Revenues (LTM): $1,152,361,677
- Total Equity (LFQ): $6,607,075,738
- YTD Price Change: -38.1%
IAMGOLD Corp. (TSX: IMG) – $1.97
Gold
IAMGOLD Corporation (IAMGOLD) is a mid-tier mining company with four operating gold mines on three continents. The Company mines include Rosebel Gold Mine, Essakane Gold Mine, Sadiola Gold Mine and Yatela Gold Mine. IAMGOLD operates in West Africa, the Guiana Shield of South America and Quebec and has a pipeline of development and exploration projects.
- Market Cap: $799,667,178
- Revenues (LTM): $1,168,500,000
- Total Equity (LFQ): $3,426,908,160
- YTD Price Change: -35.0%
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Argonaut Gold Inc. (TSX: AR) – $1.26
Gold
Argonaut Gold, Inc. is a Canada-based gold mining company engaged in exploration, mine development and production activities on gold-bearing properties in Mexico and Canada. The Company’s primary gold assets are the El Castillo Mine (Durango, Mexico), the La Colorada Mine (Sonora, Mexico), the exploration stage San Antonio project (State of Baja California Sur, Mexico), the exploration stage project Magino (Ontario, Canada), and the exploration-stage San Agustin project, the exploration-stage La Fortuna Project (Durango, Mexico) and gold exploration projects located in the Sonora Mojave Megashear.
- Market Cap: $198,842,167
- Revenues (LTM): $218,641,213
- Total Equity (LFQ): $972,328,448
- YTD Price Change: -30.1%
>> Read More: Revenue Growth Surge Seen For VidWrx (TSXV: VID): Ubika Research
B2Gold Corp. (TSX: BTO) – $1.37
Gold
B2Gold Corp. (B2Gold) is a gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua.
- Market Cap: $1,278,819,606
- Revenues (LTM): $617,606,826
- Total Equity (LFQ): $1,791,531,668
- YTD Price Change: -27.4%
