Gold is always an important part of a diversified portfolio, but even more so today. So if you’re looking to add some exposure to the precious metal, these are the three gold stocks I would recommend.
Barrick Gold Corporation (ABX.TO) engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d’Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Papua New Guinea, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas. It has a strategic alliance agreement with Reunion Gold Corporation. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
TriStar Gold (TSG.V) is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The Company’s current flagship property is Castelo de Sonhos in Pará State, Brazil.
Last month, TriStar Gold Inc. announced results from 18 holes completed in November of last year at the Castelo de Sonhos gold project . There are two drilling programs currently underway at CDS: Resource growth drilling Currently, project resources stand at Indicated: 17.7 million tonnes at 1.2 gt, containing 0.7 million ounces of gold Inferred: 39.8 million tonnes at 1.0 gt, containing 1.3 million ounces of gold.
Read more about the Castell de Sonhos Project here: https://www.tristargold.com/project/castelo-de-sonhos-gold-project/
Franco-Nevada Corporation (FNV.TO) operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
