Top 10 Stocks to Buy As Gold Rallies

7. Equinox Gold Corp. (NYSE:EQX)

Year-To-Date Returns: 125.14%

Number of Hedge Fund Holders: 32

Equinox Gold Corp. (NYSE:EQX) is one of the top stocks to buy as gold rallies. On October 7, the company announced that it produced a record 236,470 ounces of gold in Q3 2025. This is Equinox’s highest quarterly output to date. Year-to-date consolidated production stands at 634,428 ounces, and this doesn’t even include the Los Filos, Castle Mountain, and Valentine mines.

The cornerstone assets are the Greenstone Gold Mine (Ontario) and Valentine Gold Mine (Newfoundland & Labrador). For the former, mining rates in Q3 exceeded 185,000 tons per day, a 10% increase over Q2 and 21% over Q1. Mill grades improved 13% in Q3 to 1.05 grams/ton, with September averaging above 1.3 grams/ton. Greenstone’s full-year production is expected to be at the lower end of prior guidance (220,000–260,000 ounces).

In the case of the Valentine Gold Mine, the first gold was poured ahead of schedule on September 14, 2025. The plant averaged 57% of nameplate capacity with more than 23% of days exceeding nameplate. The mine is expected to produce 15,000–30,000 ounces of gold in Q4 2025 and reach steady-state annual capacity (2.5 million tons/year) by Q2 2026.

Equinox Gold Corp. (NYSE:EQX) is a Canadian mining company. It acquires, explores, develops, and operates gold properties, primarily through its producing mines in Brazil, Mexico, and the United States, including Los Filos, Aurizona, and Mesquite. The company’s main product is gold bullion, extracted from open-pit mining operations.