Here’s our Top 50 small caps for June, but first — a quick recap of 2020, so far.

There were a healthy mix of companies in our January Top 50. #1 was Singapore-based ‘bottom of the sock drawer’ minnow Netccentric (ASX:NCL) with a 300 per cent gain.

In February, coronavirus-led uncertainty was mounting. This led to numerous potential coronavirus fighters — including any company that mentioned ‘hand sanitiser’– featuring heavily in the top 50. #1 mover was gold explorer De Grey (ASX:DEG) with a 285 per cent gain.

Then came the share market bloodbath in March — a month dominated by COVID-19 bandwagoners, online education and food delivery stocks, and a couple of big nickel discoveries. Our #1 mover was now-suspended COVID-19 test kit spruiker TBG Diagnostics (ASX:TDL) which gained +862 per cent for the month.

April was a month of tentative recovery.  The S&P/ASX Emerging Companies Index was up 23.5 per cent, recapturing a big chunk of March’s losses. Gold came to the fore and most of those COVID-19 bandwagoners fell away, but the biggest mover was unremarkable oil and gas company Jupiter Energy (ASX:JPR) with a decidedly remarkable 3650 per cent gain.

By May, gold was number #1 with investors. But money also found its way into early stage uranium explorers like GTI Resources (ASX:GTR) and TNT Mines (ASX:TIN) which were up 231 per cent and 259 per cent, respectively, over the month.

In June economies floundered, markets surged, and gold was king. A massive 51 per cent of the companies on our winners list were gold-focused:

… which could be the norm for the foreseeable future, as gold prices punch though $US1,800/oz on their merry way to $US2,000oz.

In June, 33 small cap companies posted gains of 100 per cent or more, down from 58 last month. Still, there was plenty of good stories for investors to sink their teeth into.

HERE’S THE TOP 50 SMALL CAPS FOR THE MONTH OF JUNE >>>

Scroll or swipe to reveal table. Click headings to sort. 

CODE NAME TOTAL MONTHLY RETURN % MARKET CAP
ESK ETHERSTACK 1150 198.61M
NME NEX METALS EXPLORATION 525 24.09M
MCT METALICITY 362 51.68M
IMC IMMURON 225 46.35M
RXL ROX RESOURCES 223 167.08M
AUT AUTECO MINERALS 220 213.72M
DW8 DIGITAL WINE VENTURES 208 25.20M
MGV MUSGRAVE MINERALS 200 216.11M
TAR TARUGA MINERALS 200 15.23M
AUC AUSGOLD 200 46.46M
BPH BPH ENERGY 187 8.58M
ICU ISENTRIC 186 4.07M
GSM GOLDEN STATE MINING 178 26.63M
SUH SOUTHERN HEMISPHERE MINING 173 3.26M
KAI KAIROS MINERALS 171 58.59M
CAD CAENEUS MINERALS 167 13.99M
GTE GREAT WESTERN EXPLORATION 165 10.12M
ELT ELEMENTOS 150 12.74M
SLX SILEX SYSTEMS 142 133.89M
AL8 ALDERAN RESOURCES 142 37.62M
AUR AURIS MINERALS 140 19.62M
SPT SPLITIT PAYMENTS 138 415.78M
RGL RIVERSGOLD 136 24.40M
SUP SUPERIOR LAKE RESOURCES 125 16.44M
SVD SCANDIVANADIUM 125 11.75M
XTD XTD 124 7.73M
FFR FIREFLY RESOURCES 122 6.40M
RAC RACE ONCOLOGY 119 81.52M
NVX NOVONIX 112 302.94M
SCN SCORPION MINERALS 105 9.20M
VPR VOLT POWER GROUP 100 18.34M
MNW MINT PAYMENTS 100 14.57M
MLS METALS AUSTRALIA 100 6.41M
AR9 ARCHTIS 98 18.55M
AYR ALLOY RESOURCES 92 8.38M
WWI WEST WITS MINING 91 21.49M
KP2 KORE POTASH 91 18.04M
CAE CANNINDAH RESOURCES 87 2.90M
HWK HAWKSTONE MINING 86 13.83M
TYM TYMLEZ GROUP 85 16.83M
IP1 INTEGRATED PAYMENT TECHNOLOGIES 85 6.25M
AYS AMAYSIM AUSTRALIA 84 174.12M
HRN HORIZON GOLD LIMITED 84 35.20M
DTM DART MINING 83 7.06M
TLM TALISMAN MINING 83 30.79M
ARV ARTEMIS RESOURCES 81 59.96M
LSR LODESTAR MINERALS 80 7.68M
MRQ MRG METALS 80 11.11M
DLC DELECTA 80 6.26M
REE RAREX 77 32.63M

 

Gold explorers dominated the Top 50. Again. Get used to it.

Leading the pack were joint venture partners Nex Metals Exploration (ASX:NME) +525 per cent, and Metalicity (ASX:MCT) +362 per cent.

The buzz around the historic, high-grade Kookynie gold project in WA lit a fire under their respective share prices in June.

There’s some work to be done before we find out if this is another Penny West or Bellevue type rediscovery – but early results indicate that project manager Metalicity is on the right track.

Rox Resources (ASX:RXL) also gained 223 per cent on an incredible, 25m-long intersection grading 34.79 grams per tonne (g/t) gold at the Grace prospect, part of the Younami project in WA.

Rox’s subsequent 223 per cent monthly gain saw the share price hit a seven-year high.

Youanmi project partner Venus Metals (ASX:VMC) (30 per cent ownership) also gained, up 66 per cent for the month.

Market darling Auteco Minerals (ASX:AUT) has been flying since buying a historic Canadian gold project called Pickle Crow in February this year.

In June, Auteco – spearheaded by the same team that made Bellevue Gold (ASX:BGL) such a success — defined a maiden 830,000oz at 11.6g/t gold resource.

The former vanadium-titanium explorer is now up 1500 per cent so far in 2020.

And then there’s Musgrave Minerals (ASX:MGV), which uncovered very high, thick and shallow gold at the new ‘Starlight’ discovery, part of its flagship 613,000oz Cue gold project in WA’s Murchison district.

Intercepts like 12m at 112.9g/t gold 36m from surface (including 6m at 143g/t) sent the stock up +200 per cent in June to all-time highs.