Gold and silver mining stocks are in focus right now, as the
threat of inflation looms. A weaker U.S. dollar is driving up
commodity prices, from corn and crude oil to precious metals like
gold and silver, and the result is strong demand for mining stocks
Most popular are major gold mining stocks like
), exchange traded funds (ETFs) like the
Market Vectors Gold Miners ETF
) and the
Global X Silver Miners ETF
), and hard asset gold and silver funds like the
iShares Silver Trust
) and the flagship
SPDR Gold Trust
But what if you're looking for an under-the-radar precious
metals investment that could offer a lot more reward for a bit more
risk? Well then check out these bargain gold and silver mining
Claude Resources (CGR)
Acquirer, explorer and developer of precious metal properties,
Claude Resources Inc.
) has experienced tremendous growth of 108% in the past 12 months,
and 49% in just the past six months. Additionally, CGR posted a
quarterly revenue growth of 23% in its last income statement.
Great Basin Gold (GBC)
Next on the list is
), which is up 51% in the past 12 months, compared to a gain of 13%
for the broader market. Concerning earnings, analysts are
projecting a 4-cent increase compared to the EPS GBG posted this
quarter last year.
Midway Gold (MDW)
Midway Gold Crop.
) has watched its stock soar 178% in the past six months, and a
whopping 110% of that was in the past three months alone.
Currently, MDW is trading near the top of its 52-week range of 38
cents to $2.39.
Kimber Resources (KBX)
Kimber Resources Inc.
) has gained 152% compared. Year-to-date, this penny stock is up
15%. KBX is trading near its 52-week high of $1.85.
Minco Gold (MGH)
Minco Gold Corp
) is in the business of acquiring gold properties in China. In the
past year, this penny stock is up 110%, 74% of that being in the
past six months. MGH has a 52-week range of 77 cents to $2.91.
Cardero Resource (CDY)
In the past six months, mineral exploration company
Cardero Resource Corp.
) has watched its stock price jump 56%. This penny stock rounds out
the list with a 52-week range of $1 to $2.37.
As of this writing, Louis Navellier did not own a position in
any of the stocks named here.