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 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 2025
GoGold Resources Inc. (GGD.TO)
GoGold Resources Inc. engages in the exploration, development, and production of silver, gold, and copper primarily in Mexico.- Market cap: C$843.754 million
- YTD performance: -4.91%
- 1 Year performance: 120.96%
- 5 Year performance: 169.77%
- P/E Ratio: 223
- Headquarters: Canada
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. The company's principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 46,619.08 hectares located in the Iron Quadrangle in the state of Minas Gerais.- Market cap: C$309.324 million
- YTD performance: -57.69%
- 1 Year performance: 72.56%
- 5 Year performance: 827.5%
- P/E Ratio: N/A
- Headquarters: Canada
Aya Gold & Silver Inc (AYA.TO)
Aya Gold & Silver Inc., together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits.- Market cap: C$1.73 billion
- YTD performance: 220.3%
- 1 Year performance: 51.45%
- 5 Year performance: 870.38%
- P/E Ratio: N/A
- Headquarters: Canada
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$8.17 billion
- YTD performance: 67.56%
- 1 Year performance: 40.98%
- 5 Year performance: 106.71%
- P/E Ratio: 22.0684
- Headquarters: Canada
China Gold International Resources (CGG.TO)
China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People's Republic of China and Canada.- Market cap: C$4.964 billion
- YTD performance: 563.98%
- 1 Year performance: 146.02%
- 5 Year performance: 1958.34%
- P/E Ratio: 20.8667
- Headquarters: Canada
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, Chile, Peru, and the United States. It explores for gold and silver deposits, and precious metals, as well as polymetals.- Market cap: C$1.897 billion
- YTD performance: -1.33%
- 1 Year performance: 86.28%
- 5 Year performance: 234.18%
- P/E Ratio: N/A
- Headquarters: Canada
B2Gold Corp (BTO.TO)
B2Gold Corp. operates as a gold producer company in Canada.- Market cap: C$6.753 billion
- YTD performance: -32.61%
- 1 Year performance: 54.33%
- 5 Year performance: 54.33%
- P/E Ratio: N/A
- Headquarters: Canada
Sprott Inc. (SII.TO)
Sprott Inc. is a publicly owned asset management holding company.- Market cap: C$2.221 billion
- YTD performance: 138.46%
- 1 Year performance: 69.66%
- 5 Year performance: 145.71%
- P/E Ratio: 32.5985
- Headquarters: Canada
Calibre Mining Corp (CXB.TO)
Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties. The company explores for gold and silver deposits.- Market cap: C$2.683 billion
- YTD performance: 25.64%
- 1 Year performance: 72.84%
- 5 Year performance: 406.78%
- P/E Ratio: 33.7778
- Headquarters: Canada
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 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.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.
More on investing

What are the best stocks for beginners with little money to invest?
Want to dive into investing but don’t have much to spend? Take a look at these types of stocks.
Read more…
Meme stocks: What they are and examples of popular stocks
Meme stocks can produce large gains in short periods, but the stocks are volatile.
Read more…
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
Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.
Read more…
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
Learn how to research stocks and find the right investment opportunities in 4 steps.
Read more…More guides on Finder
-
Best day trading platforms in Canada
Compare six brokerage platforms to find the best platform for day trading in Canada.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
Graphene stocks
We’ve rounded up stats on some of the most popular graphene stocks, along with information on how they compare and how to invest.
-
Best stocks to buy right now in Canada
Finder’s unique algorithm found the 20 best TSX stocks to buy right now.
-
10 best trading platforms and apps in Canada for 2025
Whether you’re a new or experienced investor, these are the best stock trading platforms and apps in Canada.
-
How to buy US stocks in Canada
Buying US stocks in Canada is easier than you think. Find out how to buy US stocks in 4 simple steps.
-
How to buy international stocks in Canada
Find out how to buy international stocks in Canada in three easy steps.
-
How to invest in the S&P 500 in Canada
Find out how to invest in the S&P 500 in Canada—one of the world’s most popular stock indices—to diversify your portfolio.
-
Qtrade review
Qtrade offers free trades for 100+ ETFs and discounts for active and young investors. But the platform has some drawbacks.
-
Questrade review
Questrade is a leader among Canadian discount brokerages, but is it right for you? Compare fees, features and alternatives here.