11 Best Gold Penny Stocks to Buy According to Hedge Funds

2. Silvercorp Metals Inc. (NYSE:SVM)

Share Price: $4.57

Number of Hedge Fund Holders: 15

Silvercorp Metals Inc. (NYSE:SVM) is one of the 11 Best Gold Penny Stocks to Buy According to Hedge Funds (and Precious Metals Stocks).

On August 11, 2025, Roth/MKM reduced its price target on Silvercorp Metals Inc. (NYSE:SVM) from $6.75 to $6.50, maintaining a ‘Buy’ rating. The price revision follows the company’s Q1 2026 results release on August 7. The investment firm highlighted Silvercorp’s robust 62.2% gross profit margin and 35.5% revenue growth over the past year, which met analysts’ expectations.

However, the analyst believes that the partial closure of the HZG mine to investigate a fatality could negatively impact Silvercorp Metals Inc. (NYSE:SVM)’s fiscal Q2 production. Alongside the partial closure of the HZG mine, expectations for higher administrative costs led the analyst to adjust the price target.

Despite the short-term challenges, the investment firm remains confident in Silvercorp Metals Inc. (NYSE:SVM)’s fundamentals and growth outlook.

Silvercorp Metals Inc. (NYSE:SVM) focused on the acquisition, exploration, and development of silver properties. It is included in our list of the Best Penny Stocks.