These 6 stocks have gained +1000pc since markets bottomed in March
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Since the ASX bottomed out on March 23, the average ASX stock has gained 85 per cent and only 181 out of 2,108 sit in negative territory.
While most rose after a sharp decline over the proceeding five weeks, many stocks have gone above and beyond their pre-COVID states.
Thirty stocks have gained 500 per cent or more and six have gained over 1000 per cent.
|Code||Name||Price 23 March||Price 20 July||% Return||Market Cap|
|PDI||PREDICTIVE DISCOVERY LTD||0.006||0.077||1201||$65.1M|
|OPY||OPENPAY GROUP LTD||0.320||3.880||1113||$403.4M|
|AUT||AUTECO MINERALS LTD||0.014||0.160||1043||$242.9M|
|TYM||TYMLEZ GROUP LTD||0.013||0.125||862||$30.7M|
|MSM||MSM CORPORATION INTERNATIONA||0.005||0.047||840||$41.1M|
|MHC||MANHATTAN CORP LTD||0.003||0.024||700||$31.8M|
|KAI||KAIROS MINERALS LTD||0.005||0.036||671||$50.6M|
|UUL||ULTIMA UNITED LTD||0.016||0.120||650||$2.9M|
|MGV||MUSGRAVE MINERALS LTD||0.075||0.555||640||$259.2M|
|GTR||GTI RESOURCES LTD||0.004||0.029||625||$16.3M|
|DW8||DIGITAL WINE VENTURES LTD||0.005||0.034||580||$35.3M|
|SPT||SPLITIT PAYMENTS LTD||0.215||1.450||574||$515.7M|
|FZO||FAMILY ZONE CYBER SAFETY LTD||0.065||0.435||569||$134.3M|
|CY5||CYGNUS GOLD LTD||0.030||0.200||567||$14.9M|
|CCZ||CASTILLO COPPER LTD||0.006||0.040||567||$37.2M|
|AWV||ANOVA METALS LTD||0.004||0.029||559||$36.2M|
|AL8||ALDERAN RESOURCES LTD||0.017||0.110||547||$29.8M|
|CTM||CENTAURUS METALS LTD||0.075||0.465||520||$125.5M|
|SHH||SHREE MINERALS LTD||0.001||0.006||500||$3.6M|
The group of six is 50 per cent gold stocks and 50 per cent tech stocks.
It has been a spectacular year for the gold sector overall with rocketing prices and numerous exploration success stories fuelling almost all companies.
The average gold stock is up 71 per cent in 12 months and a staggering 169 per cent since March 23.
But there are three which stand head and shoulders above their peers.
Auteco Minerals (ASX:AUT) has likewise hardly put a foot wrong since buying a 1.5-million-ounce Canadian gold project called Pickle Crow in January.
Rounding out the gold stocks was Metalicity (ASX:MCT) which, like Predictive, has had exploration success at its Western Australian project.
The other three stocks are tech stocks.
Both stocks only listed last year and along with their peers have taken off as buy now, pay later (BNPL) has come into its own thanks to COVID-19.
Internet of Things (IoT) tracking tech company Sensera Limited (ASX:SE1) is the odd one out.
After a poor start to the year when it reported the loss or deferral of several orders it has turned things around.
It witnessed solid revenue growth in the last quarter and won a major contract with US tech firm Triton Systems to utilise its technology.