Grab These Gold Penny Stocks That Could Skyrocket! 🚀

[Image](www.elitetrade.club) Dear Trader, Welcome to our brand-new Sunday Brief! Here are the stocks we're watching this week. The BEST Gold Penny Stocks To Buy Now~ Gold and other precious metals are portfolio staples for many investors because they are typically very stable and a potential hedge against inflation. You can get in on these assets for CHEAP with these promising gold penny stocks! Sponsored [Bear Market... Bull Market... Who Cares?]( Many investors can do well in bull markets but then lose a large percentage of their portfolio during a bear market... All because they don't know where to invest. Our experts say these 4 stocks are positioned well - even in a down market. [ Click Here.]( [Image](?awt_a=q9dU&awt_l=9uwww&awt_m=iKH9fJBjpttOLdU) Gran Colombia Gold Corp. (OTC: TPRFF) Gran Colombia is a mining and exploration venture based in Canada with operations in South America. Currently, the company runs two large projects in Colombia and Guyana and is the largest gold and silver producer in Colombia. It has also invested in other mining projects in North and South America to diversify its revenue stream further. For the most part, both revenue and quarterly production numbers have increased year-over-year, according to its last earnings report. The company isn’t currently carrying any net debt, and as a mid-tier producer, it can keep its production steady. Additionally, Gran Colombia still has room to increase its production. The company has indicated that it’s only using a fraction of the gold veins available in its Segovia project in Colombia. Additionally, the mining company has just said that its Board of Directors has decided to pay shareholders a monthly dividend of $0.012 per common share, on September 15, 2022. This comes after the close of the business period on August 31, 2022. This is great news for shareholders as the company continues to perform well and generate cash flow. The shares of TPRFF have surged more than 30% in the past year. With a strong balance sheet, increased production, and dividend payments on the horizon, this gold mining penny stock looks poised to continue its upward trend. Golden Star Resources (NYSE: GSS) Golden Star Resources is a small-cap gold stock that has seen massive growth throughout the fall. The company has its headquarters in Toronto but operates the Wassa mine in Ghana. Unlike many other mining companies with a diverse range of precious metals, Golden Star Resources focuses only on gold. This makes it a great option if you are looking for a pure gold play. However, it does create a small amount of inherent risk, as the company doesn’t have any alternate streams of revenue if gold prices tank. Golden Star’s share price has spiked in late fall after struggling throughout the summer. The increase comes from an agreement to an acquisition by Chifeng Jilong Gold, a Chinese mining company. Golden Star hopes to use the momentum from this sale to boost business further. With a market cap of $454.319 million, this gold penny stock is definitely worth a look for anyone interested in gold mining stocks. It has been bullish for over a year now, trading as high as $4.50 for the past 12 months. This only goes to show that with the right conditions and management, a small-cap stock can become a big player in the industry. Golden Star Resources is one to watch for anyone interested in the gold mining sector. Marathon Gold Corp. (OTC: MGDPF) Marathon Gold Corp is a Canadian gold company based in Toronto. It has 100% ownership of the Valentine Gold Project, located in Newfoundland and Labrador. This project is currently in development and is expected to start production in 2023. This mining area has enormous potential, but it hasn’t been fully explored. Not only will this project be lucrative for Marathon Gold, but it will also provide a huge boost to the local economy. Marathon Gold Corp. is still a small company with just one mining project. As a result, its stock could experience volatility until this project starts production. Fortunately, the Newfoundland and Labrador region has huge mining potential and could be part of a long-term investment strategy. According to a recent financial report, the company has $62 million in cash and cash equivalents. This has placed it in a strong position to carry out its permitting, development, and exploration operations at the Project. Also in May, the company disclosed that the Impact Assessment Agency of Canada has submitted a draft Environmental Assessment Report for the Project. The federal EA will be finished once a favorable Decision Statement is issued. This means that the company is making significant progress in terms of getting the project off the ground. Investors interested in Marathon Gold Corp. should keep an eye on its progress in securing permits and conducting further exploration at the Valentine Gold Project. With a strong cash position and promising developments, Marathon Gold Corp. could be a good long-term investment opportunity in the gold mining industry. Gold Resource (NYSEAMERICAN: GORO) Gold Resource is a gold and silver producer and developer focused on the Oaxaca region of Mexico. Mines in this region cover roughly 265 square miles in total area on the surface. There’s an estimated 4.5 tonnes of gold and silver in Gold Resource’s two mines. The company has been through some major changes of late, including a new board and senior leadership. It’s also recently acquired Aquila resources, a company with pre-development interests in Michigan. These changes have left investors wondering, and share prices have dropped as a result. As soon as Gold Resource finds its stride with its new team, stock prices could really ramp up. Currently. Don David Gold is where Gold Resource gets all of its gold as of this writing. However, the mining company is now developing Back Forty, a new mine, and that project is doing well. The gold miner's recent performance hasn't been all that promising, but its margins are flawless. While it has a strong cash position and no long-term debt, its gross profit and net profit margins are expanding at double-digit percentage rates. The fact that its dividend distributions have increased by approximately 14.5% over the previous five years is more significant for income investors. Calibre Mining Corp. (OTC: CXBMF) Calibre Mining currently has three producing gold mines, all of which are currently located in Nicaragua. The company is headquartered in Vancouver, Canada, and has been in business since 1969. This feat makes it one of the oldest companies on this list. Calibre uses a “hub and spoke” exploration strategy, which helps it maximize production from its existing assets while also continuing exploration. The company recently committed to expanding its portfolio even further by acquiring Fiore Gold Ltd. — an American gold producer. Financially, Calibre is currently operating with no debt and has increased the amount of cash it has on hand between the second and third quarters of 2021. The company also has consistently increased its production throughout 2021. Both of these factors could bode well for the future of this stock. Also, according to its most recent earnings report, 112,270 ounces of gold were sold, bringing in $210.8 million, with an average realized gold price of $1,878/oz. Compared to 2021’s second quarter, this is a significant increase. Due to its impressive financials and increasing production, Calibre Mining Corp. could be a smart penny stock pick for investors interested in the gold mining industry. Investors should, however, keep in mind that the company is focused exclusively on gold mining — meaning that it could be more volatile than companies with a diversified portfolio. Paramount Gold Nevada Corp. (NYSE: PZG) Paramount Gold is an American mining company with operations in Nevada, Oregon, and Idaho. Its biggest asset is the Sleeper Gold project, which has been producing for decades and continues to generate strong output numbers. The company is now focused on moving its other sites towards production. Recently, Paramount Gold completed positive surveys of its newer sites in Nevada. Although the company has a small market cap, it’s managed to keep its balance sheet relatively clean. Further, Paramount Gold managed to keep its cash flow strong, always a good sign for a penny stock. Share prices have been down since February, but a good financial quarter could turn things right around. In a sense, Paramount Gold is a victim of its own success. The company has been so good at producing gold that it hasn’t had to search for new sites or do much exploration lately. As a result, its share price doesn’t reflect the potential for future growth. But with a market cap below $20 million and strong fundamentals, Paramount Gold looks like a good bet for the long term. This is because it is trading at a fraction of its 52-week high, and because its current price doesn’t reflect the potential for future growth. If you want to invest in a solid gold mining penny stock, Paramount Gold is a good choice. A low share price and a strong future outlook make it a stock to watch in the coming months. Avino Silver & Gold Mines Ltd. (NYSE: ASM) Avino Silver & Gold Mines is a Vancouver-based company that has been in business since the late 1960s. While its corporate headquarters are in Vancouver, the company produces its gold through a wholly-owned mine in central Mexico. Avino produces a full portfolio of precious metals, including gold, silver, copper, and zinc. This diversity is essential to the company’s long-term success. If the price of any one of these metals drops unexpectedly, Avino Silver & Gold Mines still has other sources of income. While this stock has struggled somewhat over the past few years, it had a somewhat positive third quarter. Investors interested in this gold penny stock may be able to ride these financial waves. ASM just reported that their second quarter 2022 silver equivalent output was 649,569 ounces, a significant 42% rise from the first quarter level. The Avino mine's higher grades had a major role in the results being better than anticipated. This brings the year's total production of silver comparable to 1.3 million ounces. Following a 12.7% increase in its share price over the previous month, Avino Silver's strong operational accomplishments enhanced sales. The company achieved a mining operating income in the second quarter. One of Mexico's largest untapped primary silver deposits, the La Preciosa silver project is a development-stage mining property that ASM completed the acquisition of earlier this year. The acquisition marks a significant turning point in ASM's expansion plan as it moves toward becoming an intermediate silver producer with a substantial silver resource base. In line with this approach, ASM recently declared that Endurance Gold Corp. has been given the authority to fully acquire ownership of the Olympic and Kelvin gold prospects, as well as the former Minto Gold Mine. The Oxide Tailings project and the Avino ET region below the Level 17 mining area both had encouraging drill results, according to management. All of these developments put ASM in a good position to maintain or increase production and sales in the coming quarters. That’s it for our Sunday Brief! Don't forget to reply to this email with your feedback. 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