2 No-Brainer Gold Stocks to Buy With $500 Right Now

With gold shining brighter than ever, these two Canadian gold stocks look like smart buys for long-term investors.

| More on:
nugget gold

Source: Getty Images

Macroeconomic uncertainty and geopolitical tensions continue to weigh on global markets in 2025, and that has been good news for gold investors. With spot prices now sitting at US$3,433 per ounce, gold has reclaimed its role as a safe haven during turbulent times. For Canadians looking to take advantage of this trend, you do not need thousands of dollars to get started. Even with just $500, you can gain exposure to high-quality gold stocks that are well-positioned to benefit from rising prices.

In this article, I’ll highlight two top gold stocks that offer a smart way to benefit from surging gold prices while the market continues to wrestle with interest rates and global risk.

B2Gold stock

The first one to consider is B2Gold (TSX:BTO). It’s a Vancouver-based gold producer with operations in Mali, Namibia, and the Philippines, as well as an exciting new project in northern Canada.

BTO stock is currently trading at $5.11 per share with a market cap of $6.7 billion and has climbed nearly 45% over the past year. It also offers an annualized dividend yield of 2.1%, which is paid quarterly.

In the first quarter of 2025, B2Gold delivered strong production numbers and exceeded expectations on costs. During the quarter, it produced over 192,000 ounces of gold, beating its targets across all three active mines. This helped push its all-in-sustaining costs lower than planned, which could be great news for its long-term profitability.

Moreover, its Goose Project in Nunavut is on track to pour its first gold by the end of June. That could be a game-changer for its future production, as the site is expected to average 300,000 ounces annually from 2026 through 2031.

B2Gold also continues to explore opportunities to expand production at its other sites, including a promising deposit in Namibia and a potential new mine in Colombia. With no debt on its books and a strong financial base, BTO is clearly prioritizing long-term sustainability over short-term gains.

G Mining Ventures stock

The second gold stock worth a closer look right now is G Mining Ventures (TSX:GMIN). This Canadian firm mainly focuses on developing high-potential precious metal projects, with its flagship Tocantinzinho Mine in Brazil and early-stage growth at the Oko West and Gurupi sites.

G Mining’s stock has been one of the top TSX performers this year, more than doubling in the last 12 months. GMIN is currently trading at $19.96 per share with a market cap of about $4.5 billion.

In the March 2025 quarter, G Mining produced over 35,000 ounces of gold at an all-in-sustaining cost of just US$960 per ounce, which is well below the industry average. As a result, the company ended the quarter with a strong cash balance of US$149 million and generated US$36 million in free cash flow.

With its Tocantinzinho plant expected to hit full capacity by mid-year and a potential construction decision at Oko West later in 2025, G Mining is continuing to focus on long-term growth. For patient investors looking to ride the momentum in gold, this stock could offer an attractive upside as its projects mature.

Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool recommends B2Gold. The Motley Fool has a disclosure policy.

More on Metals and Mining Stocks

Metals
Stocks for Beginners

The Best Silver Mining Stocks to Buy in December

December’s silver setup looks strong as seasonality, tightening supply, and rising prices favour Pan American Silver and First Majestic.

Read more »

rising arrow with flames
Metals and Mining Stocks

These 2 Soaring Gold Stocks Still Look Super-Cheap!

Barrick Mining (TSX:ABX) and Orla Mining (TSX:OLA) stand out as golden opportunities in December 2025.

Read more »

nugget gold
Metals and Mining Stocks

Gold Prices Are at a Record High: What Canadians Need to Know

With gold at record highs, Agnico Eagle offers a low-risk way to ride the rally without losing sleep.

Read more »

nugget gold
Metals and Mining Stocks

Will This TSX Gold Stock Continue to Shine in 2026?

Allied Gold is a small-cap TSX stock that offers significant upside potential to shareholders, given its widening earnings growth.

Read more »

space ship model takes off
Metals and Mining Stocks

Gold is Booming: This is the 1 Top Gold Stock to Buy

Agnico Eagle Mines (TSX:AEM) might be one of the best investments to own leading into the next year.

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Metals and Mining Stocks

The Best Silver Funds for Canadian Investors

CEFs and ETFs can provide more liquid and affordable exposure to silver prices than physical bars.

Read more »

Dog smiles with a big gold necklace
Metals and Mining Stocks

The Best Gold Funds for Canadian Investors

I like this CEF and ETF better than bullion for gold price exposure.

Read more »

People walk into a dark underground mine.
Metals and Mining Stocks

The Ultimate Mining Stock to Buy With $1,000 Right Now

This mining stock is going through a rally right now, and it might be the perfect time to dive into…

Read more »