5 High Growth Penny Stocks to Buy

In this article, we will list the 5 High Growth Penny Stocks to Buy. Please visit 8 High Growth Penny Stocks to Buy if you would like to see the extended list and the methodology behind it.

Best Penny Stocks To Buy Now

5. Ur-Energy Inc. (NYSEAMERICAN:URG)

On June 17, 2026, Ur-Energy Inc. (NYSEAMERICAN:URG) announced the completion of its 100th shipment of U3O8 uranium concentrate from its flagship Lost Creek ISR facility in Wyoming. The milestone shipment departed the Lost Creek Plant on June 11, 2026, bringing Ur-Energy’s total pounds of U3O8 shipped to more than 3.5M since operations began in 2013.

Earlier in June, Ur-Energy announced results from its Annual General and Special Meeting of Shareholders held on June 4, including the election of directors. Shareholders representing approximately 70.84% of the company’s issued and outstanding common shares were represented at the meeting. BDO USA was reappointed as independent auditor, and the “say on pay” vote to approve executive compensation received 97.63% support. The advisory vote on the preferred frequency of executive compensation voting received 98.20% support for every year, and the board adopted that preference until the next “say when on pay vote” in 2032. Shareholders also approved renewal of the company’s Amended and Restated Stock Option Plan.

Last month, Northland raised its price target on Ur-Energy Inc. (NYSEAMERICAN:URG) to $2.35 from $1.85 previously and kept an Outperform rating on the shares, citing increased uranium price expectations.

Ur-Energy Inc. (NYSEAMERICAN:URG) acquires, explores, develops, and operates uranium mineral properties in the United States.

4. Comstock Inc. (NYSEAMERICAN:LODE)

On June 24, 2026, Comstock Inc. (NYSEAMERICAN:LODE) announced that Comstock Metals, its wholly owned subsidiary, selected Cambridge, Ohio, as one of the national locations for its industrial-scale solar panel recycling and production facility and logistics hub. The selection was made in collaboration with JobsOhio and OhioSE. The Ohio operation is expected to create 20 full-time positions and is supported by a newly announced $75,000 JobsOhio Grant. The Cambridge facility will expand capacity to ultimately produce aluminum, silver, and glass bead outputs for resale into Midwest industrial supply chains.

On June 22, Comstock announced that it executed a Securities Purchase Agreement to sell 100% of its mineral, mining, processing, and related mining district real estate entities to Mackay Precious Metals, a wholly owned subsidiary of Mackay Gold & Silver Corp., for an aggregate transaction value of over $45M. The deal consists of over $30M in cash and stock payments, a retained 1.5% NSR royalty, assumption of all reclamation obligations and liabilities, and an additional contingent future payment of $10M. Upon closing, Comstock will have received $20M in cash plus 2 million Mackay Gold & Silver shares valued at over $3.5M at recent prices, with a secured second-tranche cash payment of $7M due within 18 months. Comstock expects the divestiture to reduce ongoing costs tied to maintaining the mining assets, permits, environmental compliance obligations, and related activities, resulting in over $1.5M in annualized savings.

Comstock Inc. (NYSEAMERICAN:LODE) commercializes technologies, systems, and supply chains that extract, process, and convert under-utilized waste and natural resources into clean energy and products supporting clean energy in the United States.

3. Nano Dimension Ltd. (NASDAQ:NNDM)

On June 15, 2026, Nano Dimension Ltd. (NASDAQ:NNDM) entered into a non-binding term sheet for a proposed business combination with Infinite Epigenetics. The proposed transaction contemplates Nano Dimension, or a successor publicly traded company, acquiring 100% of Infinite Epigenetics through a merger, consolidation, or another structure to be agreed by the parties. If completed, the combined company is expected to operate under the Infinite Epigenetics name and continue trading on the Nasdaq Capital Market under the proposed ticker symbol (IEAI). Existing Nano Dimension shareholders are expected to retain a minority ownership interest based on a stated value for Nano shares reflecting a 20% premium to Nano Dimension’s estimated net cash at closing, subject to final negotiation and a definitive agreement. The parties expect the combined company to have over $400M in cash at closing. Pre-combination Nano Dimension shareholders would also receive a contingent value right tied to certain net proceeds, if any, from the disposition of Nano legacy assets after closing. The term sheet includes a 30-day mutual exclusivity period for confirmatory due diligence and finalization of a definitive merger agreement. Matthew Dawson, co-founder and CEO of Infinite Epigenetics, is expected to serve as CEO of the combined company.

Last month, Stratasys announced a definitive agreement to acquire MarkForged, a wholly owned subsidiary of Nano Dimension, in an all-cash transaction valued at $42.5M, subject to customary adjustments. In 2025, Markforged generated approximately $70M in revenue, including its Metal Binder Jetting product line, which Nano Dimension will retain. The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.

Nano Dimension Ltd. (NASDAQ:NNDM) provides industrial manufacturing solutions for design-to-manufacturing of electronics and mechanical parts in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

2. Satellogic Inc. (NASDAQ:SATL)

On June 23, 2026, Satellogic Inc. (NASDAQ:SATL) and SynMax announced a strategic collaboration to develop and deliver AI-powered geospatial intelligence products for defense and intelligence customers. The collaboration pairs SynMax’s agentic intelligence layer with Satellogic’s constellation, including existing high-resolution satellites, on-satellite AI, and the forthcoming Merlin constellation. Merlin is designed to deliver global coverage at one-meter resolution as the network expands, beginning with its first launch in October.

On June 10, Roth Capital said the planned departure of Satellogic CFO Rick Dunn “represents an orderly management transition.” Roth Capital said the company’s fundamental growth remains unchanged and expects continued momentum in the coming quarters. The firm also still expects more international government business in the coming quarters and believes the Merlin constellation remains on track for initial first half of 2027 deployment. Roth Capital kept a Buy rating and $15 price target on Satellogic.

Earlier, Satellogic disclosed that Rick Dunn will step down as Chief Financial Officer at the end of an agreed transition period. The company began a search for a successor, while Dunn will continue in the role during the transition. CEO and co-founder Emiliano Kargieman said Dunn was “instrumental” in taking Satellogic from a private company to a Nasdaq-listed company and said the business is in its strongest financial position in corporate history. Kargieman also cited “revenue momentum,” operating leverage, a strong balance sheet, and a fully funded technology roadmap.

Satellogic Inc. (NASDAQ:SATL) operates as a vertically integrated earth observation company across Europe, the Asia Pacific, Asia, North America, and South America.

1. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)

On June 25, 2026, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) announced that HIVE Bermuda 2026, its wholly-owned subsidiary, intends to offer $100M aggregate principal amount of 0% exchangeable senior notes due 2031. The private offering is subject to market conditions and other factors and will be made to persons reasonably believed to be qualified institutional buyers under Rule 144A of the U.S. Securities Act of 1933. The issuer also expects to grant initial purchasers an option, exercisable within 13 days from and including the date the notes are first issued, to purchase up to an additional US$15 million aggregate principal amount of notes.

Also on June 25, HIVE Digital Technologies announced that it signed a non-binding letter of intent with an investment-grade, sovereign Swedish technology company for an up to 10-year lease of its 32 megawatt Boden, Sweden facility. The company expects to retrofit the facility to support up to 10,000 GB300 GPUs, with single rack densities up to 150 kW, using hybrid direct-to-chip liquid cooling and air cooling. The site’s 32 MW gross utility load correlates to about 25 MW of critical IT load, which the LOI contemplates for HPC colocation.

On June 18, HIVE Digital Technologies, through wholly owned subsidiary BUZZ High Performance Computing, announced a sovereign AI infrastructure deal involving Bell Canada (BCE) and Cohere. The collaboration brings together Bell AI Fabric’s national data centre and connectivity platform. BUZZ HPC executed a three-year GPU cloud contract with a total contract value of approximately $220M.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) builds and operates green energy-powered data centers in Bermuda and Paraguay.

While we acknowledge the potential of HIVE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HIVE and that has 100x upside potential, check out our report about the cheapest AI stock.

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