10 Cheapest Penny Stocks to Buy Now

5. B2Gold Corp. (NYSE:BTG)

Number of Hedge Fund Holders: 27

Forward P/E: 7.59

B2Gold Corp. (NYSE:BTG) is one of the 10 Cheapest Penny Stocks to Buy Now.

On September 22, 2025, B2Gold Corp. (NYSE:BTG) reached its new 52-week high of $4.60.

This rally is attributed to strong investor confidence amid favorable gold prices, 11.8% revenue growth, and a 59% gross profit margin. Furthermore, B2Gold Corp. (NYSE:BTG) reaffirmed its 2025 consolidated production guidance of 970,000-1,075,000 ounces across its operations.

At the same time, commissioning at B2Gold Corp. (NYSE:BTG)’s new Goose Mine is progressing, with throughput reaching about 75% of its 4,000-ton-per-day target. Meanwhile, the Fekola, Masbate, and Otjikoto mines continue to meet operational expectations. The company also reaffirmed its 2025 gold production for the Fekola mine, and the Otjikoto Mine continued to exceed expectations into the third quarter.

B2Gold Corp. (NYSE:BTG), a Canadian gold producer, operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, the Otjikoto Mine in Namibia, and the newly commissioned Goose Mine in Canada. It is one of the 10 Cheapest Penny Stocks to Buy Now.