Finder makes money from featured partners, but editorial opinions are our own.

Best gold stocks

These are the best gold stocks to buy in Canada.

There are a number of gold stocks on the TSX. If you’re not sure where to start, check out this list of the 10 best gold stocks to buy in Canada.

What you should know before buying gold stocks

This list of the best gold stocks is meant to help you conduct your own research in finding the best gold stocks to buy right now. It is not investment advice. No single stock or list of stocks will suit all investors, and we all have different goals and needs.

Whether you care more about short-term capital gains or long-term dividend growth, it’s important to know whether a stock is performing well, making a profit, paying dividends or going backwards. Always remember that past performance does not guarantee future results. Investments can go up and down in value.

Best for Beginners


  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Finder Award

  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Easy-to-use App


  • $50 in free trades
  • Low commissions
  • Easy-to-use app

How to buy gold in Canada

How did we pick the best gold stocks in Canada?

We used Finder’s proprietary algorithm to identify the best gold stocks and silver stock listed on the TSX based on price, performance, profit, revenue and dividends. Our fundamental analysis filters stocks by taking into account historical prices, dividends, revenue growth, (low) price volatility and profit margins.

To avoid smaller, more speculative stocks, we only include companies with a market cap of more than CAD $200 million. In order to better compare historical data, we filtered out stocks that have been listed for less than five years.

We do not guarantee the performance or returns of any investment. Our methodology might filter out some good stocks, so our decision to include or exclude a stock from this list does not indicate whether it’s a good or bad investment. For more info about our algorithm, check out our stock ranking page.

The algorithm was last updated 27 January 2021. This list and data was compiled June 28, 2021.

Best gold stocks on TSX to watch in 2023


GoGold Resources Inc. (GGD.TO)

GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico.
  • Market cap: C$404.847 million
  • YTD performance: -43.44%
  • 1 Year performance: 23.22%
  • 5 Year performance: 626.32%
  • P/E Ratio: N/A
  • Headquarters: Canada

Buy on Interactive Brokers

Jaguar Mining Inc (JAG.TO)

Jaguar Mining Inc., a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.
  • Market cap: C$141.53 million
  • YTD performance: -76.85%
  • 1 Year performance: 72.04%
  • 5 Year performance: 2606.67%
  • P/E Ratio: 5.5938
  • Headquarters: Canada

Buy on Interactive Brokers

Aya Gold & Silver Inc (AYA.TO)

Aya Gold & Silver Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper deposits.
  • Market cap: C$1.158 billion
  • YTD performance: 144.75%
  • 1 Year performance: 49.19%
  • 5 Year performance: 1012.23%
  • P/E Ratio: 315.3333
  • Headquarters: Canada

Buy on Interactive Brokers

Sprott Physical Gold and Silver Trust (CEF.TO)

Sprott Physical Gold and Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets.
  • Market cap: C$5.566 billion
  • YTD performance: 4.68%
  • 1 Year performance: 14.92%
  • 5 Year performance: 67.85%
  • P/E Ratio: 13.7713
  • Headquarters: Canada

Buy on Interactive Brokers

China Gold International Resources (CGG.TO)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China.
  • Market cap: C$2.181 billion
  • YTD performance: 197.32%
  • 1 Year performance: 50.69%
  • 5 Year performance: 1128.89%
  • P/E Ratio: 39.2857
  • Headquarters: Canada

Buy on Interactive Brokers

Endeavour Silver Corp. (EDR.TO)

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals.
  • Market cap: C$609.088 million
  • YTD performance: -56.67%
  • 1 Year performance: 10.61%
  • 5 Year performance: 102.78%
  • P/E Ratio: 38.125
  • Headquarters: Canada

Buy on Interactive Brokers

B2Gold Corp (BTO.TO)

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia.
  • Market cap: C$5.515 billion
  • YTD performance: -38.81%
  • 1 Year performance: 18.85%
  • 5 Year performance: 44.13%
  • P/E Ratio: 12.4706
  • Headquarters: Canada

Buy on Interactive Brokers

Sprott Inc. (SII.TO)

Sprott Inc. is a publicly owned asset management holding company.
  • Market cap: C$1.081 billion
  • YTD performance: 17.25%
  • 1 Year performance: 14.66%
  • 5 Year performance: 2103%
  • P/E Ratio: 20.8447
  • Headquarters: Canada

Buy on Interactive Brokers

Calibre Mining Corp (CXB.TO)

Calibre Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. It primarily explores for gold, silver, and copper deposits.
  • Market cap: C$607.398 million
  • YTD performance: -44.53%
  • 1 Year performance: 62.97%
  • 5 Year performance: 306.16%
  • P/E Ratio: 5.24
  • Headquarters: Canada

Buy on Interactive Brokers

Copper Mountain Mining Corp (CMMC.TO)

Copper Mountain Mining Corporation engages in the mining, exploration, and development of mineral properties in Canada. It explores for copper, gold, and silver deposits.
  • Market cap: C$540.246 million
  • P/E Ratio: N/A
  • Headquarters: Canada

Buy on Interactive Brokers

Buy gold and silver stocks through an online broker

To invest in any of these gold stocks, you’ll need a brokerage account. Compare online stock trading platforms below and click “Go to site” to get started.

1 - 5 of 5
Name Product Finder Rating Available Asset Types Stock Trading Fee Account Fee Signup Offer Table description
Interactive Brokers
Finder Score:
★★★★★
4.3 / 5
Stocks, Bonds, Options, ETFs, Currencies, Futures
min $1.00, max 0.5%
$0
N/A
Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.
CASHBACK
CIBC Investor's Edge
Finder Score:
★★★★★
3.8 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95–$6.95
$0 if conditions met, or $100
100 free trades + up to $4,500 cash back
An easy-to-use platform with access to a variety of tools to help you trade with confidence.
Questrade
Finder Score:
★★★★★
4.3 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95 - $9.95
$0
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio to take out some of the guesswork.
CASHBACK
Qtrade Direct Investing
Finder Score:
★★★★★
3.7 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get up to $2,000 cashback as a new or existing client. Use promo code CASHBONUS2024. Ends March 4, 2024.
Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.
Finder Award
FREE TRADES
Wealthsimple
Finder Score:
★★★★★
3.7 / 5
Stocks, ETFs
$0
$0
Get $25 when you open a Wealthsimple account and fund at least $150.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple.
loading
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

How do ETFs work?

How do ETFs work?

Your guide to how ETFs work and whether this type of investment is right for you.

Read more…
How to read stock charts

How to read stock charts

Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.

Read more…
What are stocks?

What are stocks?

Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.

Read more…
How to analyze a stock

How to analyze a stock

Learn how to research stocks and find the right investment opportunities in 4 steps.

Read more…
3 strategies for investing in volatile markets

3 strategies for investing in volatile markets

Market volatility can be nerve-wracking. Discover 3 trading strategies plus the pros, cons and risks of investing in volatile markets.

Read more…
Dow Jones vs S&P 500

Dow Jones vs S&P 500

Find out the key differences between the Dow Jones and S&P 500 plus key points to consider before investing.

Read more…

More guides on Finder

Go to site