2 of the best ASX gold stocks to buy for 2025

Analysts think that now is a golden opportunity to buy these stocks.

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If you want some exposure to the sky high gold price in 2025, then the ASX gold stocks in this article could be the way to do it.

Let's see why analysts are bullish on these names:

Genesis Minerals Ltd (ASX: GMD)

The first ASX gold stock that could be one of the best to buy in 2025 is Genesis Minerals.

That's the view of analysts at Bell Potter, which are bullish on the Western Australia-based gold production and development company.

The broker has named it on its best ideas list for the year ahead, highlighting its strong growth outlook and falling costs. It said:

Following a period of significant M&A activity, GMD has outlined plans to grow production to 325kozpa by FY29 (from 135koz in FY24), and 350kozpa by FY34. GMD aspires to get to 400kozpa and has significant optionality within its existing Resource portfolio.

GMD guides to near term growth with FY25 production guidance of 190koz to 210koz, a ~50% increase on FY24, and recently restarted the Laverton Gold Processing plant. Management is highly experienced, well known and respected. The combination of growing production, declining costs and a supportive gold price, will progressively enhance GMD as a growth platform.

Bell Potter has a buy rating and $2.80 price target on its shares.

Meeka Metals Ltd (ASX: MEK)

Morgans thinks that this small cap ASX gold stock could be a quality option for investors looking for exposure to the precious metal.

The broker has described the company as the "best-positioned single-asset gold development company on the ASX." Though, it concedes that at this stage, it is only suitable for investors with a high tolerance for risk. It commented:

Meeka Metals' Feasibility 2.0 (FS 2.0) outlines the upside of increased processing capacity, delivering 38% average annual EPS growth, A$1bn in pre-tax free cash flow, 31% increase in ore reserves, 40% production growth and projected total gold sales of 544koz. Site activity continues to ramp up as open pit mining is on track to commence in March 2025 before first gold mid-2025.

Our revised target price of A$0.23ps (previously A$0.19ps) reflects significant growth in production, processing, and reserves. We remain positive about the business, viewing MEK as the best-positioned single-asset gold development company on the ASX to capitalise on prevailing gold prices.

Morgans has a speculative buy rating and 23 cents price target on its shares. This implies huge potential upside of approximately 200%.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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