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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.

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 2022


GoGold Resources Inc. logo

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$907.373 million
  • YTD performance: 37.3%
  • 1 Year performance: 235%
  • 5 Year performance: 1663.16%
  • P/E Ratio: 13.2927
  • Headquarters: Canada
Buy GGD on CIBC Investor's Edge

Jaguar Mining logo

Jaguar Mining Inc (JAG.TO)

Jaguar Mining Inc., a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold producing properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex, Caeté Gold Mine Complex, and the Paciência Gold Mine Complex located in the Iron Quadrangle in the state of Minas Gerais.

  • Market cap: C$401.903 million
  • YTD performance: -37.05%
  • 1 Year performance: 1154.55%
  • 5 Year performance: 7260%
  • P/E Ratio: 5.0409
  • Headquarters: Canada
Buy JAG on CIBC Investor's Edge

Aya Gold&Silver logo

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 explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper deposits.

  • Market cap: C$794.664 million
  • YTD performance: 106.61%
  • 1 Year performance: 525.93%
  • 5 Year performance: 7581.82%
  • P/E Ratio: N/A
  • Headquarters: Canada
Buy AYA on CIBC Investor's Edge

Sprott logo

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$4.495 billion
  • YTD performance: -7.71%
  • 1 Year performance: 7.15%
  • 5 Year performance: 54.62%
  • P/E Ratio: 5.1392
  • Headquarters: Canada
Buy CEF on CIBC Investor's Edge

China Gold International Resources Corp. Ltd. logo

China Gold International Resources Corp. Ltd (CGG.TO)

China Gold International Resources Corp. Ltd., a gold and base metal mining company headquartered in Vancouver, acquires, explores for, develops, and mines mineral properties in the People’s Republic of China. Formerly known as Jinshan Gold Mines Inc., China Gold International Resources is considered a Red Chip company because it is also listed on the Hong Kong Stock Exchange.

  • Market cap: C$1.387 billion
  • YTD performance: 92.31%
  • 1 Year performance: 398.55%
  • 5 Year performance: 201%
  • P/E Ratio: 6.35
  • Headquarters: Canada
Buy CGG on CIBC Investor's Edge

Endeavour Silver Corp. logo

Endeavour Silver Corp. (EDR.TO)

Endeavour Silver Corp. (formerly known as Endeavour Gold Corp.) is a mid-tier precious metals mining company that acquires, explores, develops, extracts, processes, refines, and reclaims mining properties in Mexico and Chile. The company explores deposits of gold, silver and precious metals.

  • Market cap: C$1.231 billion
  • YTD performance: 14.46%
  • 1 Year performance: 146.98%
  • 5 Year performance: 141%
  • P/E Ratio: 33.32
  • Headquarters: Canada
Buy EDR on CIBC Investor's Edge

B2Gold logo

B2Gold Corp (BTO.TO)

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia.

  • Market cap: C$5.639 billion
  • YTD performance: -27.91%
  • 1 Year performance: -1.5%
  • 5 Year performance: 88.49%
  • P/E Ratio: 7.1467
  • Headquarters: Canada
Buy BTO on CIBC Investor's Edge

Sprott logo

Sprott Inc (SII.TO)

Sprott Inc. is a publicly owned asset management holding company.

  • Market cap: C$1.199 billion
  • YTD performance: 28.5%
  • 1 Year performance: 3,242%
  • 5 Year performance: 2314.5%
  • P/E Ratio: 34.4341
  • Headquarters: Canada
Buy SII on CIBC Investor's Edge

Calibre Mining Corp. logo

Calibre Mining Corp (CXB.TO)

Calibre Mining Corp., together with its subsidiaries, acquires, explores and develops gold properties in Nicaragua. The company primarily explores for gold, silver, and copper deposits. Up until June 2007, it was known as TLC Ventures Corp.

  • Market cap: C$580.017 million
  • YTD performance: 58.90%
  • 1 Year performance: 545%
  • 5 Year performance: 295%
  • P/E Ratio: 7.39
  • Headquarters: Canada
Buy CXB on CIBC Investor's Edge

Copper Mountain Mining Corporation logo

Copper Mountain Mining Corporation (CMMC.TO)

Copper Mountain Mining Corporation is a Canadian mining company that explores for copper, gold, and silver deposits. Its flagship asset is the Copper Mountain mine that comprise 138 crown granted mineral claims, 149 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702 hectares located in British Columbia.

  • Market cap: C$768.237 million
  • YTD performance: 102.76%
  • 1 Year performance: 532.76%
  • 5 Year performance: 281%
  • P/E Ratio: 7.15
  • Headquarters: Canada
Buy CMMC on CIBC Investor's Edge

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 Stock Trading Fee Account Fee Available Asset Types Offer
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95–$6.95
$0 if conditions met, else $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Young investors 18 to 24 can get free online trades and a $0 annual account fee. Conditions apply.
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
min $1.00, max 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
FREE TRADES
Wealthsimple
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get $25 when you open a Wealthsimple account and fund at least $150.
OFFER
Qtrade Direct Investing
Finder Rating:
★★★★★
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get almost $500 in commission free trades when you fund your new account with a minimum of $10,000. Conditions apply. Ends October 31, 2022.
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Compare up to 4 providers


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.

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