Read These American Hartford Gold Reviews Before Investing

  • American Hartford Gold is a precious metals mining company, currently trading near its historical highs.
  • The company boasts a long history of gold production, dating back to 1878.
  • In 2017, American Hartford Gold Corporation (AHGD) brought in net revenue of $4.66 billion and net income of $1.33 billion.

American Hartford Gold (AHGD), a precious metals mining company, is trading near its historical highs. The company boasts a long history of gold production, dating back to 1878, but years of financial turmoil and weak gold prices have hurt the company's performance.



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American Hartford Gold Ratings

In 2020, TheStreet gave it a rating of B+, citing its solid performance relative to its peers, as well as its attractive dividend yield as compared to the S&P 500. TheStreet also praised the firm's commitment to growing its dividend.
In 2019, TheStreet gave American Hartford a rating of B+, citing its conservative strategy for investing and its strong dividend.
In 2018, TheStreet gave American Hartford a rating of B-, citing its conservative strategy for investing and its strong dividend.
In 2017, TheStreet gave American Hartford a rating of A-, citing its conservative strategy for investing and its strong dividend.

Pros Explained

The pros of American Hartford Gold include:

It's backed by actual gold.

It's available to investors worldwide.

It's managed by an experienced team.

It's protected against theft and damage.

It's available for both individual investors and institutions.

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It has a 3.5% annual management fee.

Cons Explained
The cons of American Hartford Gold include:

It charges a $10,000 minimum investment.

It has a high minimum annual management fee of 3.5%.

Cons Explained

The long-term performance of the company is not good, with annual earnings per share (EPS) growth of only 0.7%. Worse yet, its EPS growth since 2014 is 3.4%.
There are a couple factors to consider when looking at the stock price. The first is a decline in the stock price since 2014, likely in response to poor returns over the past several years. The second is that Goldman Sachs Group Inc. (GS) recently downgraded the stock from neutral to underperform, citing valuation as the reason behind the downgrade.



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Available to All Investors

American Hartford Gold is a mutual fund that is open to individual investors seeking to invest in gold. The minimum investment is $2,500.
The mutual fund has an expense ratio of 0.51%, which is fairly low compared to other mutual funds.
The mutual fund is managed by American Funds and is domiciled in the state of Delaware.

american hartford gold reviews

Price

At $3.50 on Friday, Aug. 1, 2020, American Hartford Gold is currently trading at $3.50.
Value
American Hartford Gold has a market capitalization of $12.82 million.
Price/Sales
American Hartford Gold has a price-to-sales ratio (PSR) of 0.66.
Current Ratio
The current ratio for American Hartford Gold is 1.32. The current ratio measures a company's ability to pay short-term and long-term obligations.
Quick Ratio
American Hartford Gold's quick ratio for most recent quarter is 1.52. The quick ratio measures a company's ability to pay short-term obligations.
Return on Equity (ROE)
Return on Equity (ROE) measures how well a company uses the money invested in it.
Return on Assets (ROA)
Return on Assets (ROA) measures how well a company uses its assets to generate earnings.

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Term Length

Gold doesn't sell like it used to. In the '60s and '70s, investors could purchase gold with even a small monthly paycheck. However, today, investors may have a difficult time accumulating enough capital to buy a gold IRA.
Fortunately, American Hartford offers terms ranging from 1-4 years.
Fees
American Hartford charges a $25 account fee when an investor opens an IRA. The company does not charge an investor any account fees when opening an IRA.

Available Options

AmericanHartford Gold can be purchased in increments of $500, $1,000, $5,000, and $10,000. It is traded on major U.S. exchanges, including NYSE Arca and Over-The-Counter (OTC), and traded by institutional investors.
Costs and Fees
AmericanHartford Gold has an annual management fee of 0.75%, which is waived for the first year. The ETF trades at a premium to its NAV, meaning investors must pay the price difference. AmericanHartford Gold also has a bid/ask spread, a minimum investment of $500, and trading commissions.
Performance
Since inception, AmericanHartford Gold has returned 2.67%. However, since becoming an American ETF, it has outperformed the SPDR Gold Shares ETF (GLD), which has returned 2.31%.



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The Bottom Line

American Hartford Gold is a good option for those looking for a no-frills ETF with a fairly high share of bullion holdings. The ETF has a low management fee (0.15%) and is backed by a reputable custodian. However, the ETF has a relatively small fund size ($5.2 million) and is available only to institutional investors.