5 Explosive Mining Penny Stocks to Watch in 2026

2. Integra Resources Corp (NYSEAMERICAN:ITRG)

Stock Price: $2.93

Number of Hedge Fund Holders: 11

Upside Potential: 143.49%

Integra Resources Corp (NYSEAMERICAN:ITRG) is one of the explosive mining penny stocks to watch in 2026. Integra Resources’ stock has risen about 80% over the past year, and analysts believe it can soar more than 140% over the next 12 months.

Integra Resources Corp (NYSEAMERICAN:ITRG) reported its Q1 2026 results on May 11. The report showed revenue rose to $61.7 million from $57 million a year ago. The topline growth was supported by strong gold prices. The company produced 12,635 gold ounces from its Florida Canyon mine during the quarter. It sold 12,518 gold ounces in that period.

The company’s net earnings jumped to $12.5 million, translating to EPS of $0.06. That compares to net earnings of $1.0 million, or EPS of $0.01 a year ago. Integra Resources exited Q1 2026 with $105.8 million in cash, up from $63.1 million at the end of Q4 2025.

Integra Resources has secured a final permit allowing it to expand exploration and development activities for the Wildcat gold deposit. The Wildcat deposit is part of Integra’s Nevada North Project, which lies around 26 miles from the company’s Florida Canyon mine. Expanded drilling campaigns for the Wildcat deposit are scheduled to begin in Q2 2026 as the company advances efforts to become a multi-asset gold producer.

Integra Resources Corp (NYSEAMERICAN:ITRG) is a precious metals mining company. Though it’s based in Canada, the company operates in the Great Basin of the Western US. Its main project is the Florida Canyon Mine located in Nevada. The company also has mineral resource properties in Idaho.