5 Best Gold Penny Stocks to Buy Now

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In this article, we will take a look at the 5 best gold penny stocks to buy now. To see more such companies, go directly to 11 Best Gold Penny Stocks to Buy Now.

5. Gatos Silver, Inc. (NYSE:GATO)

Number of Hedge Fund Holders: 15

Silver company Gatos Silver, Inc. (NYSE:GATO) ranks 5th in our list of the top gold and precious metals penny stocks to buy according to hedge funds. Gatos Silver, Inc. (NYSE:GATO) is up about 13% year to date through August 7.

In July Gatos Silver, Inc. (NYSE:GATO) posted Q2 results. Gatos Silver, Inc. (NYSE:GATO) posted a new quarterly record of 2,916 metric tons/day mill throughput at its Cerro Los Gatos mine in Mexico.

A total of 15 hedge funds tracked by Insider Monkey reported owning stakes in Gatos Silver, Inc. (NYSE:GATO). The most notable hedge fund stakeholder of Gatos Silver, Inc. (NYSE:GATO) during this period was Eric Sprott’s Sprott Asset Management which had a $17.4 million stake in the company.

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