One Gold Penny Stock to Trade As Spot Prices Soar

With gold prices soaring to new all-time highs and passing $2,000 per ounce for the first time ever over the weekend, I thought it may be a good time to deep dive into some gold penny stocks.

I don’t often recommend penny stocks, but the positive momentum for this company is so high, I had to bring it to your attention.

Shares were trading as low as $0.39 back in mid-March.

Since then, the stock has shot up a whopping 310%, quadrupling investor’s money. And now it sits at $1.60 per share.

That means, if you just bought 10,000 shares for $3,900, you’d have $16,000 today.

With gold’s breakout, let’s see if this stock can quadruple investors’ money again by next year…

New Gold Inc. (NYSE: NGD)

Headquartered in Toronto, New Gold Inc. (NYSE: NGD) is an intermediate gold mining company with operations across the globe.

finviz dynamic chart for  NGD

The company has a portfolio of three producing assets: The New Afton Mine in Canada, the Mesquite Mine in the United States, and the Cerro San Pedro Mine in Mexico.

In addition, New Gold owns 100% of the Rainy River and Blackwater projects in Canada, along with a minority stake in the gold stream on the El Morro project in Chile.

The New Afton Mine is the largest division, contributing roughly 50% of group revenue.

Speaking of revenues, they’ve increased 63% from fiscal 2017 to 2019.

And I think they could increase another 40-60% in 2020 with the price of gold surging.

It wouldn’t surprise me to see NGD stock double again (to $3.20 per share) before the end of the year.

In the meantime, here’s another gold penny stock that you may be interested in…

Hurry: Tiny $1 gold stock going vertical

By August 31, a critical announcement will reveal the biggest gold mine in America.

Sending the $1 miner that owns it down a path for up to 100-fold gains. 

Its real gold windfall has been kept hidden from the public. But that’s about to change for reasons you can see here.

You need to position yourself immediately. 

Not only is the announcement coming…

But gold is approaching record prices… and as you'll see, a well-known billionaire who made $4 billion shorting the housing market in 2008 just went all-in on this tiny gold stock that's poised to become the biggest in America.

Click here for the full story.

$3 EV Play No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

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$2 Biotech Stock

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only $2.

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