Best Gold Stocks to Buy Now (2025)
Top gold stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best gold stocks to buy now. Learn More.

Industry: Gold
B
Gold is Zen Rated B and is the 32nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
NGD
NEW GOLD INC
28
29
71
0
10
CMCL
CALEDONIA MINING CORP PLC
28
43
57
0
40
0
KGC
KINROSS GOLD CORP
38
29
71
11
40
40
RGLD
ROYAL GOLD INC
55
0
100
56
60
60
GOLD
BARRICK GOLD CORP
50
57
71
33
30
60

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Gold Stocks FAQ

What are the best gold stocks to buy right now in May 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best gold mining stocks to buy right now are:

1. New Gold (NYSEMKT:NGD)


New Gold (NYSEMKT:NGD) is the #1 top gold stock out of 44 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for New Gold (NYSEMKT:NGD) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: B.

New Gold (NYSEMKT:NGD) has a Due Diligence Score of 28, which is -4 points lower than the gold industry average of 32. Although this number is below the industry average, our proven quant model rates NGD as a "A".

NGD passed 8 out of 33 due diligence checks and has average fundamentals. New Gold has seen its stock return 128.74% over the past year, overperforming other gold stocks by 82 percentage points.

New Gold has an average 1 year price target of $4.75, an upside of 19.35% from New Gold's current stock price of $3.98.

New Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering New Gold, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Caledonia Mining (NYSEMKT:CMCL)


Caledonia Mining (NYSEMKT:CMCL) is the #2 top gold stock out of 44 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Caledonia Mining (NYSEMKT:CMCL) is: Value: A, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Caledonia Mining (NYSEMKT:CMCL) has a Due Diligence Score of 28, which is -4 points lower than the gold industry average of 32. Although this number is below the industry average, our proven quant model rates CMCL as a "A".

CMCL passed 11 out of 38 due diligence checks and has average fundamentals. Caledonia Mining has seen its stock return 34.25% over the past year, underperforming other gold stocks by -13 percentage points.

3. Kinross Gold (NYSE:KGC)


Kinross Gold (NYSE:KGC) is the #3 top gold stock out of 44 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Kinross Gold (NYSE:KGC) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: C.

Kinross Gold (NYSE:KGC) has a Due Diligence Score of 38, which is 6 points higher than the gold industry average of 32.

KGC passed 14 out of 38 due diligence checks and has average fundamentals. Kinross Gold has seen its stock return 128.84% over the past year, overperforming other gold stocks by 82 percentage points.

Kinross Gold has an average 1 year price target of $15.50, an upside of 5.01% from Kinross Gold's current stock price of $14.76.

Kinross Gold stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Kinross Gold, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the gold stocks with highest dividends?

Out of 12 gold stocks that have issued dividends in the past year, the 3 gold stocks with the highest dividend yields are:

1. B2gold (NYSEMKT:BTG)


B2gold (NYSEMKT:BTG) has an annual dividend yield of 4.5%, which is 3 percentage points higher than the gold industry average of 1.37%. B2gold's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. B2gold's dividend has shown consistent growth over the last 10 years.

B2gold's dividend payout ratio of -29.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Gold Fields (NYSE:GFI)


Gold Fields (NYSE:GFI) has an annual dividend yield of 2.42%, which is 1 percentage points higher than the gold industry average of 1.37%. Gold Fields's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Gold Fields's dividend has shown consistent growth over the last 10 years.

Gold Fields's dividend payout ratio of 39.1% indicates that its dividend yield is sustainable for the long-term.

3. Pan American Silver (NYSE:PAAS)


Pan American Silver (NYSE:PAAS) has an annual dividend yield of 1.59%, which is the same as the gold industry average of 1.37%. Pan American Silver's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Pan American Silver's dividend has shown consistent growth over the last 10 years.

Pan American Silver's dividend payout ratio of 129% indicates that its dividend yield might not be sustainable for the long-term.

Why are gold stocks up?

Gold stocks were up 1.27% in the last day, and up 0.72% over the last week. New Gold was the among the top gainers in the gold industry, gaining 18.81% yesterday.

New Gold shares are trading higher after the company reported better-than-expected Q1 financial results.

What are the most undervalued gold stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued gold stocks right now are:

1. Caledonia Mining (NYSEMKT:CMCL)


Caledonia Mining (NYSEMKT:CMCL) is the most undervalued gold stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Caledonia Mining has a valuation score of 43, which is 22 points higher than the gold industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Caledonia Mining's stock has gained 34.25% in the past year. It has underperformed other stocks in the gold industry by -13 percentage points.

2. Fortuna Mining (NYSE:FSM)


Fortuna Mining (NYSE:FSM) is the second most undervalued gold stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Fortuna Mining has a valuation score of 57, which is 36 points higher than the gold industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Fortuna Mining's stock has gained 37.67% in the past year. It has underperformed other stocks in the gold industry by -9 percentage points.

3. Equinox Gold (NYSEMKT:EQX)


Equinox Gold (NYSEMKT:EQX) is the third most undervalued gold stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Equinox Gold has a valuation score of 71, which is 50 points higher than the gold industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Equinox Gold's stock has gained 23.84% in the past year. It has underperformed other stocks in the gold industry by -23 percentage points.

Are gold stocks a good buy now?

61.29% of gold stocks rated by analysts are a buy right now. On average, analysts expect gold stocks to rise by 5.8% over the next year.

14.29% of gold stocks have a Zen Rating of A (Strong Buy), 26.19% of gold stocks are rated B (Buy), 38.1% are rated C (Hold), 16.67% are rated D (Sell), and 4.76% are rated F (Strong Sell).

What is the average p/e ratio of the gold industry?

The average P/E ratio of the gold industry is 34.31x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.