This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

These 5 gold stocks are rising the most on the gold rally

Stock quotes in this article: RIC, LSG, SA, EGO, TRX

By James Dennin for Kapitall.

It's being called a " perfect storm" for gold prices. 

Friday morning The Pentagon announced that airstrikes had been authorized on ISIS in Iraq and tensions escalated further between the United States and Russia. 

The violence abroad has sent gold to a three week high as investors seek the "safe-haven asset," for fear of what escalation of the conflict would do to the American recovery. 

We decided to screen gold stocks to see who was driving the rally the most by looking at the stock prices now relative to their  20-day, 50-day and 200-day simple moving averages (SMA). 

We capped our screen at stocks at least 15% above their SMA 200, but also above the price for their 20 and 50 day moving averages as well. This screen left us with 5 companies on our list. 

Are you more likely to buy gold when there is unrest abroad? Use the list below to begin your analysis. 

Click on the interactive chart to view data over time. 

 

1. Richmont Mines Inc. ( RIC): Engages in the acquisition, exploration, development, and operation of mining properties, principally gold in northeast Canada. Market cap at $72.46M, most recent closing price at $1.83.

 

 

2. Lake Shore Gold Corp. ( LSG): Engages in the acquisition, exploration, and development of gold properties in northern Ontario and Quebec of Canada, as well as in Mexico. Market cap at $454.25M, most recent closing price at $1.09. 

 

 

 

3. Seabridge Gold, Inc. ( SA): Engages in the acquisition, exploration, and development of mineral properties, primarily gold located in North America. Market cap at $442.73M, most recent closing price at $9.36. 

 

 

4. Eldorado Gold Corp. ( EGO): Engages in the discovery, exploration, development, production, and reclamation of gold properties in Brazil, the People's Republic of China, Greece, and Turkey. Market cap at $5.69B, most recent closing price at $7.91. 

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs