Core Insights - Gold stocks maintain a significant presence on the IBD 50, with some mining companies experiencing pullbacks and forming new bases [1] - Gold prices have risen as investors seek safe-haven assets amid market volatility, but recent strength in the dollar has pressured gold and silver prices [1] - Equinox Gold and Pan American Silver are highlighted as IBD 50 mining stocks currently in bases, both holding a top IBD Composite Rating of 99 [1] Company Summaries - Equinox Gold: Formed an ascending base with a buy point at 18.96. Expected full-year 2026 profit is projected to increase to $1.24 per share from 30 cents per share in 2025, with revenue anticipated to rise 94% to $3.5 billion [1] - Pan American Silver: Currently in a cup-with-handle base with an entry point of 68.91. Analysts forecast a 79% increase in full-year 2026 earnings [1] Market Trends - Several IBD 50 gold stocks are extended from base breakouts, with potential buying opportunities if they bounce off the 10-week moving average [1] - Franco-Nevada rebounded off its 10-week line at 251, while Agnico Eagle Mines pulled back to its 10-week line near 213 [1] - Minas Buenaventura is testing its 10-week line near 37, and Wheaton Precious Metals is also testing its 10-week line around 143 [1] Stock Movements - Royal Gold, Eldorado Gold, Coeur Mining, and Newmont have recently fallen off the IBD 50 list but may rejoin if performance improves [1] - Royal Gold is in a cup with handle pattern with a buy point of 304.70, while Eldorado Gold is in a consolidation pattern with a 51.16 entry [1]
Gold Stocks Continue To Pepper The IBD 50. Here's What Watch For.
Investors·2026-03-13 12:00