10 Best Value Penny Stocks to Buy According to Hedge Funds

8. Integra Resources Corp. (NYSEAMERICAN:ITRG)

Number of Hedge Fund Holders: 16

Integra Resources Corp. (NYSEAMERICAN:ITRG) is one of the best value penny stocks to buy according to hedge funds. On June 2, Integra Resources appointed Ausenco Engineering USA South as the lead partner for detailed engineering at its DeLamar Project in Idaho. Ausenco has engaged SLR Consulting to provide specialized expertise in heap leach engineering and mine planning as project development moves forward.

This phase of detailed engineering coincides with the launch of the public scoping and stakeholder engagement period under the National Environmental Policy Act/NEPA. Following the Bureau of Land Management’s publication of the Notice of Intent, the company expects to receive a final Environmental Impact Statement and Record of Decision in the second half of 2027.

Work is already underway and is expected to continue through Q1 2027, with long-lead procurement activities scheduled to begin later this year. These technical milestones, alongside the ongoing NEPA process, are designed to support a final construction decision for the DeLamar site.

Integra Resources Corp. (NYSEAMERICAN:ITRG) is a precious metals mining and exploration company. Headquartered in Canada, the company acquires, explores, and develops gold and silver deposits primarily located in the Western United States.