Invest in American Hartford Gold Group

• The American Hartford Gold Group, Inc. (AHGG) is a precious metals and rare coin investment company that trades on the NYSE Amex.
• The company offers physical gold and silver products.
• American Hartford Gold Group stock closed Friday, June 28, 2019, at $5.77 per share, down 26.7% year to date.

American Hartford Gold Group, Inc. (AHGG) is a precious metals and rare coin investment company that trades on the NYSE Amex. The company offers physical gold and silver products. American Hartford Gold Group stock closed Friday, June 28, 2019, at $5.77 per share, down 26.7% year to date.

Pros Explained

American Hartford is a closed-end fund that invests in gold bullion. The portfolio was rebalanced at the start of 2020, with an eye towards reducing exposure to gold shares and adding more physical gold holdings.
The fund has low portfolio turnover, and as a consequence, the fund's returns are relatively stable. With a solid management team, the fund is well-positioned for continued growth.
The fund's low expense ratio and tax efficiency provide investors with an attractive yield.

Cons Explained
The fund has high portfolio turnover, which makes it difficult to generate consistent returns.
The fund is concentrated in gold bullion, which could result in greater downside risk.

Cons Explained

The company engages in the exploration, development, and production of precious metals. The share price has risen more than 50% year-to-date (YTD) as the company has produced record amounts of gold and silver at its flagship Lac de Gras Mine in Canada.

Available Information

Market Cap: $1.11 billion
Ticker: AHG

American Hartford Gold Group is the company behind American Bullion. The company was founded in 1979 and is headquartered in Palm Beach Gardens, Florida. It is the oldest American-owned precious metals company. They offer physical precious metals products such as gold, silver, platinum, and palladium.

Are There Any Fees Associated with Investing in Hartford Gold Group?

Investors can expect to pay the price of a stamp and a padded envelope to make an investment in American Hartford Gold Group (NYSEMKT: AHG). It currently offers investors the opportunity to buy fractional ownership of gold bullion coins, bars, and rounds that are stored in its vaults.

What is the Custodians' Policy?

The Custodians' Policy is a compilation of the custodians' practices with regard to the precious metals that are held in the custodial accounts. For American Hartford Gold Group, the policy includes a section titled "Custodian's Repurchase and Sale of Gold" which says that "the custodian may, if it deems such action necessary or advisable, repurchase gold to re-establish the customer's original account value, whether gold is purchased on the open market, in the spot market or on the customer's behalf."

Is There a Minimum Investment to Purchase Shares?

No, you can purchase less than 100 shares.
What is the Annual Dividend?
The dividend is payable on January 31, 2022.
What Are the Ticker and CUSIP Numbers?
The ticker symbol is AHG and the CUSIP number is 15360M 5.
Who Is the Corporate Secretary?
Corporate secretary is C.H. Culpepper, Jr.

What Is the Process for Selling Shares?

All U.S.-listed stocks (including American Hartford Gold Group) trade on the NASDAQ Stock Exchange (NASDAQ). The process for selling shares is fairly straightforward.
You will need your broker's account number, security code, and signature to begin the process. The security code is a nine-digit code that can be found on various documents.
As of 2021, American Hartford Gold Group (AHGG) is trading at $3.27 per share. The 52-week high is $7.10 and the 52-week low is $1.20. The company's market cap is $680.48 million. Check the company's website for up-to-date market information.

What Is the Plan for the Silver ETF?

The Silver ETF, which officially debuted in November 2019, is backed by physical silver. Of the 10.5 million ounces of silver backing the ETF, 9.4 million is held by the ETF's custodian, HSBC Holdings plc.
The ETF's prospectus states that the silver backing the fund will be audited annually, and that less than 0.5% of the silver backing the ETF can be sold or swapped.
The fund's management team says that its objective is to provide investors with exposure to silver at a price that is in line with the price of spot silver. The fund's management team also states that it intends to seek potential price appreciation opportunities while attempting to maintain volatility equivalent to that of spot silver.

Who Are the Experts on the Board?

This company has impressive team. The Chairman, Robert Melen, is a financial expert with over 30 years of experience in the insurance industry. He previously worked at AIG and Prudential.
The Chairman's son is James P. Melen, who is the managing general agent and president of American Hartford. James Melen has over 30 years of experience in insurance and is licensed in 34 states.
The Treasurer and Secretary is Jason L. Melen, who is the managing general agent and president of American Hartford. Jason Melen has over 20 years of experience in insurance and is licensed in 28 states.
The CEO and President of American Hartford is Jason Melen's brother, Dustin Melin. Dustin Melen has over 25 years of experience in the insurance industry and is licensed in 29 states.

How Did Hartford Gold Group Form?

Hartford Gold Group (HGGI) was created in 2018 following the spin-off of The Hartford's whole life insurance business. The parent company, The Hartford, also created American International Group (AIG) in 1968.
American International Group (AIG) began as an international insurance company and reinsurance company. In 2008, it nearly collapsed due to huge losses incurred during the financial crisis. The Federal Reserve, FDIC, and U.S. Treasury were forced to purchase the company, which cost taxpayers nearly $180 billion.
Hartford Gold Group was formed when investors were paying a premium for whole life insurance. Hartford Gold Group's business model was similar to American International Group's.

Who Founded Hartford Gold Group?

Hartford Gold Group is on the prowl for undervalued gold stocks to add to its investment portfolio. Despite gold's recent rally, the group's investment analyst, John Hathaway, believes that there are still undervalued gold stocks to buy. Hathaway believes that gold stocks are undervalued because after the recent run-up in gold prices, many investors are becoming wary of putting too much of their portfolio into gold.

How Did Hartford Gold Group Get Its Name?

Hartford Gold Group (HGG), a New York-based gold exchange traded fund (ETF) provider, uses its name to pay homage to the American Insurance Company, the predecessor of its current parent company. Even though the company's headquarters were in Connecticut, it operated out of New York.
Hartford Gold Group was founded in 2002. It suspended operations from 2005 to 2011, at which time it was recapitalized with a $25 million infusion. In 2012, the company was acquired by Franklin Resources, Inc. (BEN), an asset management firm that owns several subsidiaries and brands. Its current CEO is J. Oliver Bussmann, who once served as senior managing director at Deutsche Bank.

When Was Hartford Gold Group Founded?

Founded in 1982, American Hartford Gold Group, is a subsidiary of American International Group (AIG). It sells bullion, coins, and collectibles to individuals, investors, and collectors.
How Much Is American Hartford Gold Group's Market Cap?
As of September 28, 2021, American Hartford Gold Group's market cap was $200.48 million.

Where Is Hartford Gold Group headquartered?

American Hartford Gold Group (GHG), a precious metals company, is headquartered in Tucson, Arizona. This $4.3 billion company mines, explores, and develops gold, silver, platinum, and other precious metals.
What stocks does American Hartford Gold Group own?
American Hartford Gold Group owns 100 percent of Kinross Gold Corporation, a Canadian-based gold producer, and 50 percent of Pan American Silver Corporation, a precious metals mining company based in Mexico.

What Is the Ticker Symbol for Hartford Gold Group Shares?

The ticker symbol for American Hartford Gold Group is HGC.
Where Can I Invest in American Hartford Gold Group?
American Hartford Gold Group produces and sells precious metals bullion. Shares trade on the New York Stock Exchange under the ticker symbol HGC and can be purchased through many online brokerage accounts.

What Is the Price-to-Earnings (P/E) Ratio for Hartford Gold Group Shares?

The valuation multiples above can help you gauge whether the price of American Hartford Gold Group shares is cheap or expensive relative to the rest of the market. Multiples above 20 or 30 are generally considered to be expensive, while multiples below 10 or 20 are generally considered to be cheap.
The Hartford Gold Group's trailing-12-month (TTM) P/E ratio as of April 2020 was 15.47.

What Is the Price-to-Sales Ratio for Hartford Gold Group Shares?

Hartford Gold Group, Inc. (HGG) is an established precious metals mining company based in the U.S. The company's stock price trades on the OTC market with an enterprise value of $115.8 million.
With a price-to-sales ratio of 0.5, the company's stock is significantly undervalued. Investors can expect to pay less than $5 for each dollar of sales. However, the trade is risky because the mining business is highly speculative.

What Is the Dividend Yield for Hartford Gold Group Shares?

Hartford Gold Group (HGT) is an exchange-traded fund (ETF). An ETF is a portfolio of securities that tracks an index and often trades like a stock. ETFs offer investors investment exposure to a variety of asset classes.
HGT tracks the Solactive Gold Miners Index. It seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Gold Miners Index.
As of June 29, 2020, the dividend yield for Hartford Gold Group shares was 1.55%.

Gold IRA: Should You Open One To Save For Retirement?

What Is the 52-Week

High: $8.27
What Is the 52-Week Low: $4.61
What Is the 52-Week Range: $3.77 - $8.27

In today's market, investing in gold is difficult. Gold coins have been inflated by inflation, gold mining stocks are filled with unprofitability, and exchange-traded funds (ETFs) are complex. However, one option would be to invest in American Hartford Gold Group (HIG), which is dedicated to gold. American Hartford Gold Group is a gold mining company that actually owns and operates gold mines in the United States, Canada, and Mexico.