5 Gold Stocks to Watch For 2021 And Beyond

Summary

• Gold tends to perform well during economic downturns being the oldest safe haven asset

• World Gold Council has projected the gold demand to revive this year

• Gold, which is considered as an investment avenue for diversification, has seen high demand among investors in 2020 because of the uncertainty in the stock markets. The yellow metal was trading at around $1,500 per ounce at the beginning of 2020, while it surged by 25 per cent reaching $1,882 an ounce at the end of the year. According to the World Gold Council, the gold demand is set to revive this year after it touched its lowest last year.

• An investor should focus on both the risks as well as the returns. The potential strategy to avoid losses should be to diversify the portfolio. 5 Best Gold Stocks in the UK

• Altyngold Plc (LON: ALTN)

• Altyngold Plc, earlier known as Altyn PLC is a London-based mining company, which is involved in in the production of gold ore.

• In the Q3 results for FY 2020, there was a 38 per cent increase in the revenue of the company compared to the previous quarter, resulting from the clawback of accruals and higher gold prices.

• Greatland Gold Plc

The UK-based gold mineral exploration and mining company has started with early work activities in the Havieron Project in Western Australia last week. The mining lease for which was granted to the company in September 2020.

Eurasia Mining Plc

Eurasia Mining Plc is well-positioned financially, recording revenue of £48,012 for half-year ending 30 June 2020 (30 June 2019: £13,316) and raised US$10 million through Institutional Placing in the six-month period.

Thor Mining PLC

The AIM-listed resource company had sometimes back announced that it had completed the acquisition of the further licence for the areas adjoining the Ragged Range in Western Australia’s Pilbara region.

Petropavlovsk PLC

In the half-yearly results published by the company for the six months ending 30 June 2020, the total gold produced increased 42 per cent to 320.6koz


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is not authorised or regulated by the Financial Conduct Authority to provide regulated advice. The purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. The Content is guidance about the different types of investments that are available and sets out general principles to continue before making investment decisions. Kalkine Media is neither authorised nor qualified to provide regulated investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from an appropriately authorised and/or qualified financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.