5 Best Precious Metal Stocks To Buy Now

3.Kinross Gold Corporation (NYSE: KGC)

No. of Hedge Fund Holders: 36

Ranking 3rd on our list of 10 best precious metals stocks to buy now is Canada-based Kinross, which mines silver and gold. The company has about 8 active gold mines in the U.S., Brazil, Ghana, Mauritania and Russia. The company’s performance in the fourth quarter was stronger than expected, amid rising gold prices. Revenue in the quarter jumped 20% to $1.2 billion. The company expects production to stay flat in 2021.  The stock is up 16% year to date.

As of the end of the fourth quarter of 2020, 36 hedge funds tracked by Insider Monkey were long 36, up from 29 funds a quarter earlier.