The Best Gold Mining Stocks Are About to Soar

Yesterday, we talked about why gold is your best friend in turbulent markets. Today, it's time to dive into the best gold mining stocks to boost your portfolio. Because investing directly in gold is great, but the best gold mining stocks can offer even more bang for your buck. That’s because these stocks don't just follow gold prices. The best gold mining stocks typically outperform physical gold when markets rally.

And with inflation lingering and economic uncertainty growing, the best gold mining stocks have become a must-have for savvy investors. They're an ideal hedge, providing stability and growth potential all at once.

But not all miners are created equal. That's why I've sifted through the noise and identified the three best gold mining stocks worth your attention today.

So are you ready to strike gold in your investments? Read on to learn all about some of the best gold mining stocks for investors to buy right now…

Best Gold Mining Stocks #1 — Bet on the Biggest

When it comes to investing in the best gold mining stocks, the first place every investor should look is with the top dogs. And when it comes to the biggest players in the space, there’s none bigger than Newmont Corporation (NYSE: NEM). Up about 25% so far this year while markets are all down, Newmont looks like a solid bet if you’re looking for the best gold mining stocks…

It's the leading gold and copper business in the world, and it's really focusing on its best assets, the Tier 1 operations. This means they're in favorable mining locations and expect good returns. They've got plans to boost production in the coming years. Plus, their cost and productivity initiatives aim to drive down expenses.

Newmont is also returning cash to shareholders through dividends and share repurchases. So if you agree with me and are sure precious metals are just starting to rally, Newmont’s strong portfolio of gold assets could offer significant profit potential as a top player in the industry. Plus, those dividends mean you’ll get paid to profit. That’s a win-win and definitely makes Newmont one of the best gold mining stocks around.

Best Gold Mining Stocks #2 — More Mines = More Money

But you shouldn’t just focus on the biggest players if you’re looking for the best gold mining stocks. Bigger companies enjoy many benefits, but accelerated growth is rarely one of them. It takes a lot more money to double $50 billion than it does to double $10 billion. So let’s take a look at a smaller company with more growth potential that’s also one of the best gold mining stocks to own right now…

There’s just one catch. Royal Gold (NASDAQ: RGLD) isn't a miner. It’s more like a specialized finance company for the mining industry. It acquires precious metals streams and royalties from mining projects. This means the company gets a cut of the gold (and other metals) produced — without the direct risks and costs of operating a mine.

It's a super-high-margin business model, averaging 85% pretax in 2023. The companys has a diversified portfolio of producing and developing assets across different countries and metals, though it's heavily focused on gold. So as gold prices rise, Royal Gold's revenue tends to follow, offering you leverage to a gold rally.

Think of it this way: Instead of picking individual miners, you're investing in a company that benefits from the overall success of multiple mines. Its consistent financial performance and history of increasing dividends make it one of the best gold mining stocks to own (even if it isn't a gold miner).

Best Gold Mining Stocks #3 — Miners That Don’t Mine

Streaming royalties from mining companies to investors is a great, high-margin business. But it’s not the only way to take advantage of gold without digging it up. And that’s what makes our next company one of the best mining stocks to own: It’ll never mine the gold…

You see, Seabridge Gold (NYSE: SA) has one of the world's largest gold and copper resource bases, but it’s never mined a single ounce of gold. Their strategy is all about growing resource ownership per share, which could translate to substantial returns for investors. That’s why the shares offer significant leverage, especially now with gold prices on the rise.

The KSM project in British Columbia is a major asset with vast proven and probable reserves. Seabridge has made considerable progress here, securing environmental approvals and achieving "substantially started" designation, de-risking the project significantly. Beyond KSM, Seabridge has a portfolio of other promising projects in Canada and the U.S., including Courageous Lake, Iskut, 3 Aces, and Snowstorm, offering further exploration upside.

Notably, the company aims to grow gold resources faster than shares outstanding, a key metric for long-term shareholder value. It’s this commitment to growing verified reserves and delivering shareholder value that makes Seabridge one of the best gold mining stocks.

Best Gold Mining Stocks Bonus Edition — “One of the Greatest Discoveries in History”

Now, I know I started by saying that I was going to give you three of the top gold mining stocks to buy. But I want to throw in a bonus pick for you today, because this might be the absolute best gold mining stock in the entire market. It’s a small company that’s been flying under the radar until just recently…

You see, it just released new exploration results that have one of the most legendary investors to ever buy gold mining stocks calling it “one of the greatest gold discoveries in history.” And this guy knows how to spot the best gold mining stocks before they take off. He’s a self-made billionaire and he made his fortune betting on gold mining stocks.

But it’s not just the size of this gold discovery that’s got him and many others extremely impressed. It’s the proximity. You see, this gold is just beneath the surface. That makes it easy to get to and cheap to extract. And it’s not just high-grade gold, either. It’s BONANZA grade, with some samples showing as much as 797 grams per ton. Keep in mind, “high-grade” gold is 8 grams per ton. This is almost 100x better!

In fact, it’s so much better that my research team and I compiled a special report all about the company, the situation on the ground, and the opportunity it presents as potentially the best gold mining stock around. And I want to share that with you today. Just click here to get access.

The Bottom Line on the Best Gold Mining Stocks

As I alluded to yesterday and made incredibly clear today, the best gold stocks are the best gold mining stocks. And these are some of the absolute best gold mining stocks to buy right now. Gold’s rally has gotten underway, but the gold mining stocks are just waking up.

As the forces driving the rally shift from central banks buying physical gold to institutions and retail investors buying the best gold mining stocks, it’s going to ignite a rally that’s going to mint fortunes for investors who get positioned early.

My team and I have been begging you to buy the best gold stocks and buy the best gold mining stocks for nearly four years now. And gold’s been in rally mode the whole time. That cycle is about to go into overdrive, and you should be taking advantage of it by investing in the best gold mining stocks now.

That’s the bottom line. And this is your invitation to learn more about the best of the best gold mining stocks.