In this article, we will list the 5 Best Gold Stocks to Buy for the Long Term. Please visit 10 Best Gold Stocks to Buy for the Long Term if you would like to see the extended list and the methodology behind it.
5. Centerra Gold Inc. (NYSE:CGAU)
On April 21, 2026, Scotiabank analyst Ovais Habib raised the price target on Centerra Gold Inc. (NYSE:CGAU) to $21 from $19 previously and maintained an Outperform rating on the company’s shares as part of updates across the firm’s Gold & Precious Minerals coverage.
Last month, Centerra Gold Inc. (NYSE:CGAU) announced that Executive Vice President and Chief Operating Officer David Hendriks will be leaving the company and will remain available in a consulting role to support the transition. Mike Sylvestre assumed the role of interim Chief Operating Officer effective March 30, 2026. Mike Sylvestre has more than 45 years of international mining experience across major, mid-tier, and junior companies and most recently served as Senior Vice President, Americas at Kinross Gold before retiring in 2022.
Centerra Gold Inc. (NYSE:CGAU) operates, develops, explores, and acquires gold and copper properties across North America, Turkey, and other international markets.
4. Fortuna Mining Corp. (NYSE:FSM)
On April 19, 2026, Fortuna Mining Corp. (NYSE:FSM) entered into an earn-in agreement with Qstone, a private Guyanese company, under which it can earn up to a 70% interest in the 29,600-hectare Quartzstone Project in north central Guyana. The project lies within a greenstone belt and has seen 183 diamond drill holes totaling 23,190 meters between 2010 and 2017, with drilling across a five-kilometer corridor identifying multiple zones of high-grade near-surface gold mineralization. Located about 120 kilometers west of Georgetown and 35 kilometers northwest of G Mining’s Oko West project, the asset hosts an orogenic gold system along the contact between a granitoid complex and Lower Proterozoic greenstone rocks.
Fortuna’s initial $5.5M exploration program will focus on advancing existing targets and identifying new ones along a 26-kilometer shear zone, including airborne magnetic surveys, satellite imaging, geochemical sampling, auger drilling, mapping, and an initial 5,000-meter diamond drilling campaign.
Under the agreement, Fortuna can earn an initial 51% interest by completing at least 60,000 meters of drilling within four years while covering license fees and expenditures, after which a joint venture with Qstone will be formed. The company can increase its stake to 70% by funding a feasibility study within three years of exercising the first option and continuing to cover license costs. Upon signing, Fortuna paid Qstone a non-refundable $5M option premium.
Earlier in April, Fortuna Mining reported Q1 2026 production of 72,872 gold equivalent ounces from its operations in West Africa and Latin America, compared to 70,386 ounces in Q1 2025 and 65,130 ounces in Q4 2025, and maintained its FY26 production guidance of 281,000 to 305,000 gold equivalent ounces.
Fortuna Mining Corp. (NYSE:FSM) engages in precious and base metal mining across Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.
3. Aura Minerals Inc. (NASDAQ:AUGO)
On April 13, 2026, Aura Minerals Inc. (NASDAQ:AUGO) said its Board of Directors approved development of the Era Dorada Project, marking a new step in the project’s progress. The company also secured budget authorization for an advanced water treatment system and plans to pursue required permits to deliver purified, potable water to the local community. Total capital expenditures are estimated at $382M, with operations expected to begin in the first half of 2028. The project is expected to produce an average of 111,000 ounces of gold annually during its first four years, with an estimated mine life of 17 years based on mineral reserves under S-K 1300.
On April 9, 2026, Aura Minerals reported preliminary Q1 production from its six operating mines: Aranzazu, Apoena, Minosa, Almas, Borborema, and MSG. Total production reached 82,137 gold equivalent ounces, above the prior quarter and 37% higher than Q1 2025, marking another record quarter. At constant prices, production rose 1% from Q4 2025 and 41% from Q1 2025. The company sold 81,364 GEO during the quarter. Rodrigo Barbosa said the company delivered a “record production quarter,” noting impacts from infrastructure upgrades at MSG and lower output at Apoena and Borborema due to mine sequencing, while expecting higher production in the second half at Aranzazu, Apoena, MSG, and Borborema, with Almas and Minosa remaining stable and aligned with annual guidance.
Aura Minerals Inc. (NASDAQ:AUGO) focuses on the development and operation of gold and base metal projects across the Americas.
2. SSR Mining Inc. (NASDAQ:SSRM)
On April 21, 2026, Scotiabank analyst Ovais Habib raised the price target on SSR Mining Inc. (NASDAQ:SSRM) to C$55 from C$50 previously and maintained an Outperform rating on the shares.
On March 25, 2026, SSR Mining announced a definitive share purchase agreement with Cengiz Holding to sell its 80% stake in the Copler mine and related properties in Türkiye for $1.5B in cash. The agreement follows the key terms outlined in the memorandum of understanding disclosed on March 4, 2026. The transaction remains subject to regulatory approval from the Turkish General Directorate of Mining and Petroleum Affairs, along with other required consents and customary closing conditions, and is expected to close in the third quarter of 2026.
Earlier in March, CIBC upgraded SSR Mining Inc. (NASDAQ:SSRM) to Outperformer from Neutral and raised its price target to $48 from $35.50, saying the Copler divestiture shifts the company toward an Americas-focused profile. The firm noted SSR is currently the third largest gold producer in the U.S. and said the balance sheet is expected to improve following the sale, adding that the shares should no longer trade at a discount to peers.
SSR Mining Inc. (NASDAQ:SSRM) engages in the acquisition, exploration, and development of precious metal resource properties across the United States, Türkiye, Canada, and Argentina.
1. Newmont Corporation (NYSE:NEM)
On April 22, 2026, Reuters reported that Ghana’s mining regulator gave Newmont Corporation (NYSE:NEM), AngloGold Ashanti, and Chinese-owned Zijin until December 2026 to transition mining operations to local contractors or face sanctions, according to sources with direct knowledge of the matter and related documents. The three companies currently operate the mines with their own staff and are the only ones still doing so after Ghana, Africa’s top gold producer, revised local ownership rules in January 2025, requiring all miners to switch to contract mining.
A day earlier, CIBC analyst Anita Soni lowered the price target on Newmont Corporation (NYSE:NEM) to $176 from $177 previously and maintained an Outperformer rating on the shares as part of a Q1 preview across the gold and base metals group. Anita Soni said the roughly 20% decline in gold from its January high, along with the “flip-flop” in Federal Reserve funds expectations, could “support a bounce in the asset’s price,” while noting a more constructive outlook for base metal equities driven by supply constraints and viewing current levels as an attractive entry point.
Newmont Corporation (NYSE:NEM) operates as a gold producer and also explores for copper, silver, lead, zinc, and other metals.
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