Top 5 gold penny stocks for 2017 _ investopedia


Speculating on the price of gold becomes doubly risky when also speculating on the price of gold penny stocks. Exchange rate usd nzd Both the metal and the inexpensive stocks can be highly volatile. Us future stock market However, where there is greater risk, there is greater potential for reward.

Exchange rate euro to dollar history For those interested in gold penny stocks, we have selected five that could do well in 2017.

Forecasts for the price of gold in 2017 range from $1,500 to $1,600 per ounce. Price of gold per ounce in the us As of this writing, the metal is selling for $1,225 per ounce. Usd to eur graph This rise in price, if realized, could help some of these companies. Cny usd (See also: What Drives The Price Of Gold?)

Golden Star Resources Ltd. Usd eur exchange rate chart ( GSS) remained flat for the last two-thirds of 2016. What are the futures in the stock market This is actually a good sign. British pound exchange rate today The stock has time to consolidate its gains from the first part of the year and didn’t lose them.

For 2017, the stock could break upward if it can overcome resistance around $1.10. Usd bloomberg It remains to be seen if Golden Star Resources can repeat last year’s gains of over 400%.

Total revenues and operating income have been increasing for the past four quarters. 300 usd to eur All analysts covering GSS have either a “hold” or a “buy” on the stock. Market futures open The majority favor holding it. Euro to british pound exchange rate Entrée Gold

The company engages in exploration and development in the United States, Mongolia, Peru and Australia, though it is based in Vancouver, Canada. Dow futures meaning The company has been reporting negative net income, but it has been paring its losses the last four quarters.

With an average volume of just 85,000 shares, this stock is not very liquid. Binary operations pdf Speculators who want to sell it could find it difficult to find a quick buyer when the time comes.

However, EGI has broken sharply upward at the start of 2017, and the high volume levels of the purchasing on the breakout indicate there is increasing investor appetite for this stock. 100 kroner to usd Paramount Gold Nevada Corp.

Paramount Gold Nevada Corp. Usd to inr forecast ( PZG) spiked dramatically in mid-2016, then fell back into a base. Pound to euro tourist exchange rate today It has been in that base for over 6 months, with no sustained move either up or down. S&p futures market That could be a good thing. Decimal math problems It has held onto some of its gains and buyers have not bailed out.

If gold prices rise, PZG could return to profitability. Html editor freeware It focuses on Nevada gold. Vending machine codes The company has staying power. Stock market futures real time It has been in business since 1992. Binary value Paramount Gold makes the list due to its longevity and its ability to profit from rising gold prices. Jpy to usd Vista Gold Corp.

The chart for Vista Gold Corp. Usd to aud chart ( VGZ) looks nearly identical to the one for Paramount Gold above. 1 usd to zimbabwe dollar After a mid-year spike in stock price in 2016, VGZ fell into a base it has maintained.

This stock illustrates the difficulty in getting reliable and current information on penny stocks. 1 usd to zambian kwacha However, it makes our list because of its solid chart. Convert usd to nzd It looks like it is set to break out if the price of gold rises. Us dollar exchange rate to malaysian ringgit Gold Reserve Inc.

Gold Reserve Inc. How to read binary (OTC: GDRZF) has been mining and prospecting in Venezuela since the 1950s. Binary to denary converter The stock is under $3.80 per share, which makes it the most expensive penny stock on our list. Funny jokes tagalog 2016 We are counting any stock under $5 as a penny stock.

Investors would be wise to wait until the 50-day moving average crosses above the 200-day average to get into this stock. Nzd to usd conversion However, Gold Reserve is in a position to benefit from rising gold prices.

These penny stocks are going to follow the price of gold unless there is mismanagement or an unforeseen event that hurts one of them. Binary conversion table Perform as much due diligence as possible and keep a close watch on the trend in gold prices. Cnn futures stock market Penny gold stocks are very high risk, so investors should be slow to buy and quick to sell.