5 Best Canadian Stocks Under $10 to Buy Now

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1. B2Gold Corp. (NYSEAMERICAN:BTG)

Number of Hedge Fund Holders: 37

B2Gold Corp. (NYSEAMERICAN:BTG) is one of the best Canadian stocks under $10 to buy now. On May 6, B2Gold started 2026 with strong results, producing 237,763 ounces of gold and generating $362 million in free cash flow. All operating mines exceeded production targets, leading to lower-than-expected costs with an AISC of $1,964 per ounce sold. The company maintained high liquidity, ending the quarter with $479 million in cash and a fully undrawn $800 million credit facility.

Strategically, the company announced that CEO Clive Johnson will retire in June, with CFO Mike Cinnamond set to succeed him. B2Gold also closed the $325 million sale of its Fingold interest to Agnico Eagle and renewed its share buyback program. Operationally, the Fekola Complex remained the top producer, while the Masbate and Otjikoto mines benefited from favorable high-grade ore variances.

In Canada, the Goose Mine outperformed expectations but faces a 10,000-ounce production headwind for the second quarter following a fire in its crushing circuit. Repairs are underway and expected to conclude in the third quarter. Despite this temporary setback, B2Gold declared a $0.02 per share dividend and continues to advance its Gramalote Project in Colombia and other regional exploration targets.

B2Gold Corp. (NYSEAMERICAN:BTG) is a low-cost international senior gold producer. The company focuses on acquiring, developing, and operating gold mines with producing assets in Mali, Namibia, the Philippines, and Canada.

While we acknowledge the potential of BTG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BTG and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best AI Stocks Under $50 to Buy Right Now and 12 Best Growth Stocks to Invest In for the Next 2 Years.

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