On Monday, the price of gold penetrated up through the $1500 an ounce level
again. By happenstance, Jim Cramer interviewed Mark Bristow, the CEO of Randgold
Resources (GOLD) on the Mad money television show. Cramer considers this stock
the best high risk high reward gold miner, with the risk due to the fact that
much of the company's operations are in African countries with significant
investment concerns. Randgold, which is one of over twenty stocks on the list of
dividend paying gold mining stocks at WallStreetNewsnetwork.com, pays a small
yield of 0.2%. It trades at 14 times forward earnings. In terms of gold's
future, Randgold's Bristow said on the show that the price of gold has a "lot of
upside". So for more conservative investors, what gold stocks are worth looking
into? Cramer mentioned that he liked Goldcorp Inc. (GG), one of the few gold
miners that pays dividends monthly. Payouts have been made regularly since 2005.
The current yield on the stock is 0.9%. The stock sports a forward price to
earnings ratio of 18. It has mines in Canada, United States, Mexico, and Central
and South America. Freeport-McMoRan Copper & Gold Inc. (FCX) is a stock that
pays quarterly and currently yields 2.0%. The company has operations in North
and South America, Indonesia; and in the Democratic Republic of Congo. It trades
at 8 times forward earnings. For a free list of gold mining stocks that pay
dividends , which can be downloaded and updated, go to
WallStreetNewsnetwork.com. Disclosure: Author did not own any of the above at
the time the article was written. By Stockerblog.com
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