5 Best Precious Metals Stocks to Buy

3. Barrick Gold Corporation (NYSE:GOLD)

Number of Hedge Funds Investors In Q1 2023: 41

Barrick Gold Corporation (NYSE:GOLD) is one of the biggest gold mining companies in the world. In the precious metals domain, it primarily produces gold and has gold mining operations in Africa and North America.

After digging through 943 hedge funds for their March quarter of 2023 shareholdings, Insider Monkey found out that 41 had bought a stake in Barrick Gold Corporation (NYSE:GOLD). Jean-Marie Eveillard’s First Eagle Investment Management is the biggest shareholder, owning 42 million shares that are worth $795 million.

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