12 Best Gold Stocks to Invest In According to Billionaires

8. Coeur Mining, Inc. (NYSE:CDE)

Number of Billionaire Investors: 10

Number of Hedge Fund Holders: 37

North American precious metals manufacturer Coeur Mining, Inc. (NYSE:CDE) operates in the United States, Canada, and Mexico. With properties including Palmarejo, Rochester, Kensington, Wharf, Silvertip, and the recently merged Las Chispas, the company searches for and produces gold, silver, zinc, and lead. It uses long-term off-take agreements to market its metal concentrates. CDE is among the best gold stocks on our list.

Coeur Mining, Inc. (NYSE:CDE) reported $360 million in sales for the quarter that ended March 31, 2025, up from $305 million in Q4 2024 and $213 million in Q1 2024. Adjusted net income from continuing operations was $60 million, or $0.11 per share, whereas GAAP net income was $33 million. At $149 million, adjusted EBITDA showed a significant year-over-year gain and a 28% sequential rise. Despite $130 million in one-time expenditures, such as tax and incentive payments, free cash flow was $18 million.

At low adjusted costs per ounce, Las Chispas alone contributed 7,175 ounces of gold and approximately 714,000 ounces of silver. Profitability was further supported by an improvement in average realized prices to $2,635 per gold ounce and $32.05 per silver ounce. Up to 8.3 million ounces of silver and 75,000 ounces of gold are expected to be delivered by the Rochester site by 2025.

The full-year 2025 production projection of 95,000–105,000 ounces of gold and 5.4–6.5 million ounces of silver was reiterated by Coeur Mining, Inc. (NYSE:CDE). With the help of improved margins, lower leverage, and sustained performance from Las Chispas, the company anticipates generating $75–$100 million in average quarterly free cash flow for the rest of the year. It demonstrated better financial health and operational momentum by ending the quarter with $78 million in cash and a 44% reduction in its revolving credit amount to $110 million.