5 Best Gold Penny Stocks to Buy Now

2. B2Gold Corp. (NYSE:BTG)

Number of Hedge Fund Holders: 20

Canadian gold mining company B2Gold Corp. (NYSE:BTG) ranks 2nd in our list of the top gold mining penny stocks to buy now according to hedge funds. Insider Monkey’s proprietary database of 943 hedge funds shows that 20 funds had stakes in B2Gold Corp. (NYSE:BTG) as of the end of the first quarter. The most significant stakeholder of B2Gold Corp. (NYSE:BTG) was Jean-Marie Eveillard’s First Eagle Investment Management which had a $90 million stake in B2Gold Corp. (NYSE:BTG).

B2Gold Corp. (NYSE:BTG) recently posted its Q2 results. Adjusted EPS in the quarter came in at $0.07, in-line with estimates. Revenue in the quarter jumped 23.3% year over year to $470.85 million, beating estimates by $9.79 million