15 Best NYSE Penny Stocks to Buy According to Hedge Funds

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6. Dakota Gold Corp. (NYSE:DC)

Dakota Gold Corp. (NYSE:DC) is one of the 15 best NYSE penny stocks to buy according to hedge funds.

On July 6, Dakota Gold Corp. (NYSE:DC) disclosed extra assay results from its 2026 drill campaign at the Richmond Hill Oxide Heap Leach Gold Project. This campaign amounted to 17,273 meters of drilling in 112 holes and comprised a mix of fill-in, geotechnical, and extension drilling.

Results from the drill campaigns of 2025 and 2026 are being included in a Pre-Feasibility Study that will be released during the fourth quarter of 2026. It will be aimed towards backing a revised mineral resource assessment, improving the geo-metallurgical model, and providing a unified, optimized mining plan with scheduling.

The company mentioned that expansion drill holes RH26C-437 and RH26C-432 intersected high-quality silver and gold mineralization across the Northern Expansion region, whereas expansion drilling in the northeast Project site remains open in every direction. It continues to return grades surpassing the mean grade in the July 2025 Initial Assessment, with cash flow indicated and measured in the mining plan.

The company also revealed the assay outcomes on June 11, highlighting a 30% increase in drill holes relative to those that guided the mineral resource projections presented in the Initial Assessment in July 2025. Management noted that these improvements strengthen the project definition and support the ongoing progress of Richmond Hill towards development.

Dakota Gold Corp. (NYSE:DC) acquires and develops mineral properties across the United States. The company is focused on the commercialization of the Richmond Hill Oxide Heap Leach Gold Project. It aims to advance the legacy of the Homestake Gold Mining District.

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Click to continue reading and see the 5 Best NYSE Penny Stocks to Buy According to Hedge Funds.

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