10 Best Gold Stocks Under $30

2. B2Gold Corp. (NYSE:BTG)

Upside potential as of November 18: 48.74%

Share Price as of November 18: $2.770

One of the best gold stocks under $30, B2Gold Corp. (NYSE:BTG) is a senior, low-cost global gold mining company. It now operates three open-pit gold mines in Mali, Namibia, and the Philippines, as well as several exploration projects on four continents. The gold projects in Kiaka and Gramalote are further noteworthy assets.

Since a major part of the company’s revenue is generated by the production of gold, it concentrates on acquiring and growing assets in mineral properties, with a special focus on gold deposits. The fact that the gold is traded into a global market eliminates any reliance on a specific buyer.

B2Gold Corp. (NYSE:BTG)’s development projects and mining operations, including the Goose Project, Masbate, Otjikoto, Fekola, and other mineral properties, as well as corporate and other, are included in its reportable operating segments.

B2Gold Corp. (NYSE:BTG) revealed its Q3 2024 report, showing that, despite challenges at the Fekola Mine, 180,553 ounces of gold were produced overall. In this quarter, the cash grew by 39.26% YoY to $431.11 million, highlighting a strong financial position.

The Goose Project’s first gold pour is scheduled for the second quarter of 2025, with a ramp-up to commercial production to follow in the third quarter of the same year. All planned construction for 2024 has been completed thus far, and project development and construction are proceeding according to plan.

The outlook for 2025 is bullish, with Goose and Fekola projects likely to boost production, potentially resulting in a profitable year if gold prices remain high.