NEW YORK ( TheStreet) -- Gold miners Great Basin Gold (GBG), Rubicon Minerals (RBY), Northgate Minerals (NXG), Brigus Gold (BRD) and Richmont Mines (RIC - Get Report) are all trading under $5. Analysts estimate these stocks have a minimum upside of 46%, so this is an attractive buying opportunity for investors.In its latest research report, Casimir Capital says it's time to buy gold and forecasts a strong year for gold and junior gold stocks during 2011. Gold prices increased nearly 29.7% to $1,421 per ounce during 2010, rising for the ninth consecutive year. Looking ahead to 2011, GFMS expects gold prices to breach the $1,500 mark and cross the $1,600 mark by late 2011. Therefore, rising gold prices will power gold stocks higher and attract investors' attention to the metal and stocks.
5 Gold Mining Stocks Under $5
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