5 Best Gold Penny Stocks to Buy According to Analysts

3. Dakota Gold Corp. (NYSE:DC)

Dakota Gold Corp. (NYSE:DC) earns a place on our list of the 8 best gold penny stocks to buy according to analysts.

As of March 28, 2026, 100% of covering analysts maintain buy ratings, while the consensus price target of $10.25 implies a 124.78% upside potential for the stock. The strong sentiment remains intact as Dakota Gold Corp. (NYSE:DC) continues to see progress at its Richmond Hill Oxide Heap Leach Gold Project.

On March 17, 2026, Dakota Gold Corp. (NYSE:DC) published the results of its 2025 Richmond Hill drill campaign, which took place in South Dakota.

Expansion hole RH25C-359 was drilled 260 meters beyond the current resource area and intersected 3.14 g/t gold and 10.57 g/t silver over 13.4 meters, as well as 12.25 g/t Au and 20.10 g/t Ag over 1.5 meters. In the farthest reaches of the property, water-monitoring holes confirmed the presence of gold and silver, indicating extensive mineralization.

The 242-hole, 29,524-meter drilling program returned several high-grade intersections with grades above the average of 0.566 g/t Au. The 2026 drilling campaign successfully completed 7,565 meters across 48 infill holes, supporting the forthcoming pre-feasibility study in H2 2026 and advancing Richmond Hill toward anticipated production in 2029.

Dakota Gold Corp. (NYSE:DC), established in 2017 and based in Lead, South Dakota, is a gold exploration and development firm dedicated to new discoveries and the advancement of resources in the state’s Homestake District.