Pic: Via Getty
Gold Digger: ANZ puts US$2080/oz price target on gold, and can silver keep outperforming?
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- “If the Fed pauses earlier than the market expects, it could quickly amplify gains in gold”: ANZ
- Silver, as an inexpensive alternative, outperformed gold in recent price rally
- Yesterday’s ASX News Highlights: Perseus, Capricorn
Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.
The trigger for gold’s big move higher remains a pause in US interest rate hikes – something that could happen in the second half of the year, ANZ commodity strategists Daniel Hynes and Soni Kumari say in a research note.
“The impact of the Fed’s aggressive tightening over the past year is beginning to show,” they say.
“The Fed’s hiking trajectory has been guided by US CPI inflation and labour data, which are showing signs of easing.”
Despite this, Fed officials remain divided on the timing of a pause in rate hikes, Hynes and Kumari say.
“Currently, the market is pricing a 25bp hike in the next FOMC meeting. We expect rate hikes of 25bp in May and June 2023,” they say.
“If the Fed pauses earlier than the market expects, it could quickly amplify gains in gold.
“We see gold reaching USD2,080/oz in next the 12 months.”
Silver outperforms in rising gold environment, but outlook mixed
Silver, as an inexpensive alternative, outperformed gold in a recent price rally, with the gold:silver ratio retracing from 91x to 78x since early March.
The gold:silver ratio shows how many ounces of silver it would take to buy once ounce of gold.
But silver is also an industrial metal, and this could dampen the price in a recessionary environment.
“Silver’s performance is … linked to global economic growth due to its industrial application,” Hynes and Kumari say.
“While silver’s fundamentals are supportive, a downturn in economic growth could weigh on industrial demand, taking the gold:silver ratio towards 85x–90x.
“We expect the silver price to average USD24/oz this year.”
Gold has broken below the US$2000/oz level, currently paying US$1980/oz. Silver is also lower at US$24.76/oz.
How did precious metals stocks perform yesterday?
Pretty well. There were more winners than losers in the mid to large cap cohort, led by a recovering St Barbara (ASX:SBM) at 5%, with De Grey Mining (ASX:DEG) and Gold Road Resources (ASX:GOR) putting on 4% apiece.
Standout African miner Perseus Mining (ASX:PRU) continued a run of good form in the March quarter, producing 130,275oz at AISC of US$971/oz.
That’s a huge cash margin of US$850/oz (Dec quarter: US$765/oz), thanks to an improved gold price and lower AISC.
Fellow standout Capricorn Metals (ASX:CMM) released a PFS on the 1.45Moz Mt Gibson project in WA’s Mid West, which could make CMM one of Australia’s 10 biggest listed gold miners when it comes online.
According to CMM, the development of Mt Gibson would make it a 270,000ozpa miner.
The project is expected to deliver 152,000ozpa over its first 7.5 years at attractive AISC of $1420/oz.
That is on a reserve shell priced at just $1900 per ounce of gold, around $1000/oz shy of current levels.
Winners & Losers
Here’s how ASX-listed precious metals stocks are performing:
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.
Stocks missing from this list? Email [email protected]
| Code | Company | % Yesterday | % Week | % Month | YTD% | % Year | Price | Market Cap |
|---|---|---|---|---|---|---|---|---|
| OAU | Ora Gold Limited | 50% | 20% | 50% | -40% | -72% | 0.003 | $7,873,850 |
| BEZ | Besragoldinc | 22% | 45% | 569% | 414% | 331% | 0.2675 | $77,849,615 |
| SLZ | Sultan Resources Ltd | 20% | 20% | -9% | -42% | -69% | 0.049 | $4,234,660 |
| CXU | Cauldron Energy Ltd | 17% | 0% | 0% | 0% | -57% | 0.007 | $5,589,412 |
| ADV | Ardiden Ltd | 14% | 0% | 33% | 14% | -43% | 0.008 | $18,818,347 |
| TSO | Tesoro Gold Ltd | 14% | 19% | 7% | -11% | -61% | 0.032 | $29,498,352 |
| HCH | Hot Chili Ltd | 14% | 20% | 42% | 43% | -23% | 1.25 | $131,389,727 |
| WCN | White Cliff Min Ltd | 13% | 29% | -10% | -36% | -73% | 0.009 | $6,272,435 |
| PKO | Peako Limited | 13% | 0% | 0% | -38% | -47% | 0.009 | $3,765,852 |
| MEG | Megado Minerals Ltd | 12% | 27% | 47% | 24% | -71% | 0.056 | $7,152,778 |
| THR | Thor Energy PLC | 11% | 25% | 0% | -17% | -69% | 0.005 | $6,642,508 |
| VRC | Volt Resources Ltd | 10% | -8% | 0% | -27% | -54% | 0.011 | $39,394,239 |
| SBR | Sabre Resources | 9% | 9% | -11% | -37% | -66% | 0.024 | $6,412,696 |
| AM7 | Arcadia Minerals | 9% | 0% | -14% | -10% | -31% | 0.185 | $7,938,642 |
| EMC | Everest Metals Corp | 9% | 6% | -1% | -6% | -47% | 0.074 | $8,801,451 |
| IPT | Impact Minerals | 8% | 18% | 63% | 86% | -4% | 0.013 | $29,776,447 |
| XAM | Xanadu Mines Ltd | 8% | 24% | 63% | 79% | 86% | 0.052 | $78,615,561 |
| PRS | Prospech Limited | 8% | -25% | 106% | 49% | -12% | 0.04 | $3,757,105 |
| KAU | Kaiser Reef | 8% | 11% | 18% | 21% | -7% | 0.2 | $26,214,071 |
| ZNC | Zenith Minerals Ltd | 7% | 10% | -22% | -40% | -60% | 0.16 | $52,755,907 |
| MGV | Musgrave Minerals | 7% | 7% | 26% | 14% | -36% | 0.24 | $133,021,789 |
| SVY | Stavely Minerals Ltd | 7% | -9% | -11% | -35% | -61% | 0.16 | $48,941,058 |
| CDT | Castle Minerals | 7% | -16% | -16% | -24% | -71% | 0.016 | $16,867,395 |
| RDT | Red Dirt Metals Ltd | 7% | 12% | 24% | -6% | -25% | 0.4475 | $186,945,146 |
| GCY | Gascoyne Res Ltd | 6% | 6% | 26% | -21% | -48% | 0.1325 | $86,704,763 |
| BNR | Bulletin Res Ltd | 6% | 0% | -1% | -3% | -59% | 0.09 | $24,955,244 |
| DTR | Dateline Resources | 6% | 0% | 0% | -51% | -87% | 0.018 | $10,944,933 |
| PGD | Peregrine Gold | 5% | 1% | -6% | 1% | -18% | 0.39 | $17,792,289 |
| PNM | Pacific Nickel Mines | 5% | 18% | 28% | 20% | -9% | 0.1 | $36,100,403 |
| FAL | Falconmetalsltd | 5% | 17% | 5% | 46% | 21% | 0.41 | $69,030,000 |
| AGC | AGC Ltd | 5% | -5% | 5% | -13% | -42% | 0.0525 | $5,000,000 |
| KAI | Kairos Minerals Ltd | 5% | 5% | 24% | -9% | -32% | 0.021 | $39,281,870 |
| SBM | St Barbara Limited | 5% | -12% | 0% | -26% | -63% | 0.57 | $445,015,197 |
| IVR | Investigator Res Ltd | 4% | 25% | 65% | 69% | -5% | 0.071 | $97,727,561 |
| KSN | Kingston Resources | 4% | 4% | 33% | 48% | -37% | 0.12 | $47,800,170 |
| SRN | Surefire Rescs NL | 4% | -4% | 33% | 100% | 20% | 0.024 | $36,371,360 |
| BMO | Bastion Minerals | 4% | -8% | -20% | -29% | -86% | 0.024 | $3,666,466 |
| IGO | IGO Limited | 4% | 15% | 19% | 8% | 4% | 14.485 | $10,526,022,601 |
| MEI | Meteoric Resources | 4% | 9% | 30% | 136% | 681% | 0.125 | $208,095,850 |
| HAW | Hawthorn Resources | 4% | -3% | -14% | -35% | -42% | 0.075 | $24,121,124 |
| HXG | Hexagon Energy | 4% | 4% | 14% | -26% | -73% | 0.0125 | $6,154,991 |
| GWR | GWR Group Ltd | 4% | 11% | -28% | 34% | -49% | 0.079 | $24,412,466 |
| GOR | Gold Road Res Ltd | 4% | 5% | 23% | 10% | 10% | 1.855 | $1,924,982,183 |
| DEG | De Grey Mining | 4% | 5% | 14% | 28% | 21% | 1.645 | $2,474,449,560 |
| CY5 | Cygnus Metals Ltd | 4% | 12% | 10% | -28% | 72% | 0.275 | $49,587,916 |
| POL | Polymetals Resources | 4% | 53% | 53% | 12% | 129% | 0.275 | $11,973,413 |
| AMI | Aurelia Metals Ltd | 4% | -7% | 33% | 12% | -71% | 0.14 | $167,054,024 |
| MTC | Metalstech Ltd | 4% | -17% | -19% | -44% | 0% | 0.29 | $49,687,285 |
| OBM | Ora Banda Mining Ltd | 4% | 7% | 4% | 73% | 190% | 0.145 | $225,559,631 |
| GAL | Galileo Mining Ltd | 4% | -7% | 29% | -18% | 245% | 0.725 | $138,337,449 |
| MI6 | Minerals260Limited | 3% | 6% | 48% | 35% | -4% | 0.46 | $104,130,000 |
| NML | Navarre Minerals Ltd | 3% | -9% | 0% | -24% | -64% | 0.031 | $45,086,374 |
| EM2 | Eagle Mountain | 3% | 7% | -9% | -6% | -64% | 0.16 | $47,269,864 |
| EMR | Emerald Res NL | 3% | 3% | 17% | 49% | 44% | 1.77 | $1,018,368,686 |
| FEG | Far East Gold | 3% | 12% | 12% | -32% | 10% | 0.325 | $48,210,186 |
| CST | Castile Resources | 3% | 8% | 11% | 5% | -38% | 0.1 | $23,464,535 |
| KZR | Kalamazoo Resources | 3% | 6% | 25% | -17% | -59% | 0.175 | $25,685,395 |
| BM8 | Battery Age Minerals | 3% | -3% | 0% | -28% | -28% | 0.36 | $25,976,357 |
| TG1 | Techgen Metals Ltd | 3% | 16% | 16% | -12% | -49% | 0.072 | $4,501,779 |
| STN | Saturn Metals | 3% | -8% | 9% | 3% | -56% | 0.185 | $27,278,734 |
| AAU | Antilles Gold Ltd | 3% | 9% | -3% | 27% | -42% | 0.038 | $18,030,501 |
| HRN | Horizon Gold Ltd | 3% | 12% | 27% | 23% | -8% | 0.38 | $46,317,207 |
| NWM | Norwest Minerals | 3% | -12% | 15% | -30% | -37% | 0.038 | $9,152,735 |
| PUR | Pursuit Minerals | 3% | 8% | -7% | 22% | -33% | 0.0195 | $49,139,657 |
| BNZ | Benzmining | 3% | 0% | 5% | 0% | -38% | 0.41 | $29,221,920 |
| G50 | Gold50Limited | 3% | -2% | -7% | -18% | -18% | 0.205 | $11,388,600 |
| DCN | Dacian Gold Ltd | 2% | 10% | 12% | -15% | -71% | 0.085 | $100,994,478 |
| KRM | Kingsrose Mining Ltd | 2% | -1% | 2% | -1% | -20% | 0.0645 | $47,409,171 |
| GMD | Genesis Minerals | 2% | 17% | 38% | 3% | -29% | 1.29 | $523,035,968 |
| ALK | Alkane Resources Ltd | 2% | 4% | 30% | 64% | -31% | 0.875 | $511,967,666 |
| ADN | Andromeda Metals Ltd | 2% | -10% | 2% | 0% | -60% | 0.044 | $133,730,363 |
| BGD | Bartongoldholdings | 2% | 1% | 5% | 15% | -8% | 0.23 | $19,424,947 |
| AUC | Ausgold Limited | 2% | 6% | 13% | 15% | -35% | 0.054 | $119,928,360 |
| NST | Northern Star | 2% | 6% | 31% | 31% | 25% | 14.27 | $16,133,734,804 |
| OZM | Ozaurum Resources | 2% | 15% | 42% | -8% | -38% | 0.061 | $7,620,000 |
| ADT | Adriatic Metals | 2% | 4% | 2% | 18% | 43% | 3.73 | $816,032,662 |
| AME | Alto Metals Limited | 2% | -6% | 3% | -1% | -21% | 0.066 | $39,833,006 |
| WAF | West African Res Ltd | 1% | 0% | 5% | -13% | -27% | 1.02 | $1,028,695,636 |
| TBR | Tribune Res Ltd | 1% | 5% | 18% | 2% | -17% | 4.1 | $211,971,031 |
| ANX | Anax Metals Ltd | 1% | -4% | 13% | 32% | -36% | 0.07 | $28,248,243 |
| MLS | Metals Australia | 1% | -6% | -4% | -16% | -79% | 0.0375 | $22,460,339 |
| SXG | Southern Cross Gold | 1% | 0% | 19% | -6% | 0% | 0.75 | $66,471,214 |
| RRL | Regis Resources | 1% | -1% | 24% | 6% | -9% | 2.18 | $1,630,855,998 |
| SLR | Silver Lake Resource | 1% | 0% | 15% | 5% | -43% | 1.25 | $1,152,882,973 |
| CMM | Capricorn Metals | 1% | 0% | 7% | 3% | 2% | 4.75 | $1,773,578,586 |
| SFR | Sandfire Resources | 0% | 5% | 24% | 29% | 27% | 7.04 | $3,202,812,415 |
| EVN | Evolution Mining Ltd | 0% | 1% | 37% | 19% | -24% | 3.545 | $6,477,607,606 |
| AGG | AngloGold Ashanti | 0% | 0% | 35% | 34% | 23% | 7.88 | $700,280,955 |
| CHN | Chalice Mining Ltd | 0% | 2% | 30% | 26% | 8% | 7.92 | $2,973,932,833 |
| MRR | Minrex Resources Ltd | 0% | 6% | -32% | -47% | -77% | 0.017 | $18,442,748 |
| NPM | Newpeak Metals | 0% | 0% | 0% | 0% | 0% | 0.001 | $9,145,132 |
| FFX | Firefinch Ltd | 0% | 0% | 0% | 0% | -49% | 0.2 | $236,569,315 |
| DCX | Discovex Res Ltd | 0% | -25% | 0% | 0% | -61% | 0.003 | $9,907,704 |
| NMR | Native Mineral Res | 0% | 18% | -29% | -64% | -81% | 0.04 | $4,805,549 |
| AQX | Alice Queen Ltd | 0% | 50% | 0% | -25% | -79% | 0.0015 | $3,795,431 |
| MKG | Mako Gold | 0% | 3% | 3% | 0% | -55% | 0.04 | $18,866,054 |
| GIB | Gibb River Diamonds | 0% | -2% | -23% | -23% | -26% | 0.046 | $9,729,434 |
| TMX | Terrain Minerals | 0% | 9% | 9% | 0% | -33% | 0.006 | $6,499,196 |
| SKY | SKY Metals Ltd | 0% | 33% | 33% | 25% | -35% | 0.06 | $22,607,008 |
| FAU | First Au Ltd | 0% | 17% | 133% | 75% | -53% | 0.007 | $7,663,483 |
| GTR | Gti Energy Ltd | 0% | 0% | -8% | -17% | -62% | 0.009 | $16,132,352 |
| BBX | BBX Minerals Ltd | 0% | -12% | -33% | -20% | -30% | 0.084 | $42,480,604 |
| MRZ | Mont Royal Resources | 0% | -5% | -39% | -43% | -76% | 0.1 | $6,848,267 |
| SMS | Starmineralslimited | 0% | 1% | 12% | 1% | -64% | 0.073 | $2,200,351 |
| MVL | Marvel Gold Limited | 0% | 0% | -6% | -35% | -62% | 0.017 | $11,986,604 |
| PRX | Prodigy Gold NL | 0% | -8% | 10% | -8% | -41% | 0.011 | $19,226,711 |
| CWX | Carawine Resources | 0% | 0% | -3% | -5% | -55% | 0.095 | $18,697,659 |
| RND | Rand Mining Ltd | 0% | 0% | 2% | -2% | -15% | 1.33 | $75,645,028 |
| DRE | Dreadnought Resources Ltd | 0% | 6% | 14% | -30% | 66% | 0.073 | $241,829,160 |
| REZ | Resourc & En Grp Ltd | 0% | 8% | -7% | -13% | -70% | 0.014 | $6,997,281 |
| ERM | Emmerson Resources | 0% | 7% | 10% | 7% | -36% | 0.08 | $43,576,783 |
| GMR | Golden Rim Resources | 0% | -3% | 6% | 6% | -60% | 0.033 | $19,522,416 |
| CYL | Catalyst Metals | 0% | 3% | 5% | -13% | -45% | 1.03 | $179,925,368 |
| SIH | Sihayo Gold Limited | 0% | 0% | 33% | 0% | -60% | 0.002 | $12,204,256 |
| WA8 | Warriedarresourltd | 0% | -10% | -7% | -24% | 0% | 0.13 | $56,037,646 |
| AVM | Advance Metals Ltd | 0% | 0% | 0% | -20% | -53% | 0.008 | $4,656,353 |
| WRM | White Rock Min Ltd | 0% | 0% | 0% | -5% | -70% | 0.063 | $17,508,200 |
| CTO | Citigold Corp Ltd | 0% | 0% | 20% | 0% | -29% | 0.006 | $17,241,955 |
| MHC | Manhattan Corp Ltd | 0% | 0% | 0% | -9% | -64% | 0.005 | $14,681,393 |
| TRY | Troy Resources Ltd | 0% | 0% | 0% | 0% | 0% | 0.0295 | $62,920,961 |
| CGN | Crater Gold Min Ltd | 0% | 0% | 0% | 0% | 0% | 0.014499 | $17,965,037 |
| SVG | Savannah Goldfields | 0% | 0% | 0% | -13% | -25% | 0.165 | $31,159,992 |
| VMC | Venus Metals Cor Ltd | 0% | -3% | 44% | 44% | -3% | 0.195 | $34,725,343 |
| VKA | Viking Mines Ltd | 0% | 0% | 10% | 10% | 0% | 0.011 | $11,277,843 |
| MTH | Mithril Resources | 0% | 0% | 0% | -43% | -80% | 0.002 | $6,526,180 |
| RMX | Red Mount Min Ltd | 0% | -14% | 0% | -40% | -67% | 0.003 | $6,815,553 |
| XTC | Xantippe Res Ltd | 0% | 0% | -20% | -20% | -71% | 0.004 | $42,320,399 |
| TTM | Titan Minerals | 0% | 5% | 7% | -9% | -39% | 0.061 | $86,087,664 |
| MZZ | Matador Mining Ltd | 0% | -9% | -13% | -38% | -72% | 0.071 | $22,380,537 |
| BYH | Bryah Resources Ltd | 0% | 4% | 14% | -8% | -57% | 0.024 | $6,750,083 |
| ICL | Iceni Gold | 0% | -9% | -21% | -20% | -42% | 0.064 | $8,204,571 |
| RML | Resolution Minerals | 0% | -17% | -17% | -38% | -71% | 0.005 | $5,398,731 |
| AL8 | Alderan Resource Ltd | 0% | 0% | 0% | 14% | -70% | 0.008 | $4,859,271 |
| GMN | Gold Mountain Ltd | 0% | -14% | -33% | -57% | -63% | 0.003 | $5,909,798 |
| HMG | Hamelingoldlimited | 0% | 5% | 11% | -31% | -38% | 0.1 | $11,000,000 |
| TBA | Tombola Gold Ltd | 0% | 0% | 0% | 0% | -47% | 0.026 | $33,129,243 |
| FML | Focus Minerals Ltd | 0% | 0% | 0% | -27% | -26% | 0.185 | $53,013,349 |
| GSR | Greenstone Resources | 0% | -9% | -5% | -38% | -44% | 0.02 | $24,265,368 |
| ARV | Artemis Resources | 0% | 14% | 45% | -36% | -77% | 0.016 | $24,982,694 |
| QML | Qmines Limited | 0% | 7% | -3% | -3% | -44% | 0.16 | $14,433,445 |
| RDN | Raiden Resources Ltd | 0% | 5% | -16% | -16% | -72% | 0.004 | $7,418,330 |
| TCG | Turaco Gold Limited | 0% | -1% | 5% | 17% | -35% | 0.068 | $29,084,733 |
| GBZ | GBM Rsources Ltd | 0% | 7% | 2% | -30% | -75% | 0.03 | $16,894,817 |
| DTM | Dart Mining NL | 0% | -1% | 76% | 31% | -12% | 0.072 | $11,204,680 |
| EMU | EMU NL | 0% | 0% | 0% | -59% | -88% | 0.002 | $2,900,043 |
| SFM | Santa Fe Minerals | 0% | -2% | -12% | -25% | -50% | 0.06 | $4,369,127 |
| X64 | Ten Sixty Four Ltd | 0% | 0% | 0% | -11% | -37% | 0.57 | $130,184,182 |
| SI6 | SI6 Metals Limited | 0% | 0% | -9% | -17% | -50% | 0.005 | $7,476,973 |
| KWR | Kingwest Resources | 0% | -14% | 10% | -9% | -82% | 0.032 | $9,015,258 |
| RVR | Red River Resources | 0% | 0% | 0% | 0% | -70% | 0.073 | $37,847,908 |
| RGL | Riversgold | 0% | -12% | -12% | -50% | -80% | 0.015 | $14,182,016 |
| MM8 | Medallion Metals. | 0% | -11% | 9% | -23% | -56% | 0.12 | $27,675,902 |
| CBY | Canterbury Resources | 0% | 6% | -8% | -10% | -43% | 0.037 | $5,347,371 |
| LYN | Lycaonresources | 0% | 6% | -3% | -35% | -60% | 0.18 | $5,925,375 |
| TMZ | Thomson Res Ltd | 0% | 0% | 0% | -74% | -90% | 0.005 | $4,349,755 |
| TAM | Tanami Gold NL | 0% | -5% | 3% | -8% | -40% | 0.036 | $42,303,494 |
| WMC | Wiluna Mining Corp | 0% | 0% | 0% | 0% | -74% | 0.205 | $74,238,031 |
| GSM | Golden State Mining | 0% | 6% | 3% | -19% | -62% | 0.035 | $4,095,497 |
| NSM | Northstaw | 0% | 0% | -10% | -16% | -54% | 0.13 | $15,616,510 |
| GSN | Great Southern | 0% | 10% | 22% | -24% | -61% | 0.022 | $14,597,154 |
| MDI | Middle Island Res | 0% | -6% | -15% | -11% | -74% | 0.034 | $4,162,220 |
| BAT | Battery Minerals Ltd | 0% | -20% | 14% | 0% | -56% | 0.004 | $11,740,969 |
| HRZ | Horizon | 0% | 5% | 38% | 2% | -50% | 0.062 | $43,212,988 |
| CAI | Calidus Resources | 0% | 8% | 23% | -2% | -74% | 0.265 | $116,480,973 |
| ALY | Alchemy Resource Ltd | 0% | 7% | 0% | -35% | -17% | 0.015 | $17,671,144 |
| LCY | Legacy Iron Ore | 0% | -6% | -11% | -16% | -48% | 0.016 | $102,509,219 |
| PDI | Predictive Disc Ltd | 0% | 0% | 3% | 0% | -12% | 0.18 | $322,293,368 |
| MAT | Matsa Resources | 0% | -4% | 5% | 16% | -38% | 0.043 | $17,716,199 |
| SAU | Southern Gold | 0% | -9% | 11% | -16% | -58% | 0.021 | $6,305,991 |
| CEL | Challenger Exp Ltd | 0% | -3% | 23% | -9% | -53% | 0.16 | $177,063,740 |
| KTA | Krakatoa Resources | 0% | 14% | 10% | -25% | -73% | 0.033 | $11,375,427 |
| MBK | Metal Bank Ltd | 0% | -6% | 7% | -9% | -52% | 0.031 | $8,571,051 |
| A8G | Australasian Metals | 0% | -9% | 3% | -16% | -69% | 0.16 | $6,587,279 |
| S2R | S2 Resources | 0% | -3% | 8% | -18% | -18% | 0.14 | $57,412,813 |
| NES | Nelson Resources. | 0% | 11% | 25% | -29% | -73% | 0.005 | $2,942,972 |
| TLM | Talisman Mining | 0% | -7% | 0% | 0% | -20% | 0.14 | $26,283,530 |
| ICG | Inca Minerals Ltd | 0% | 0% | -10% | -22% | -85% | 0.018 | $8,703,261 |
| A1G | African Gold Ltd. | 0% | -8% | 7% | -8% | -47% | 0.076 | $12,867,652 |
| GNM | Great Northern | 0% | 17% | -13% | -13% | -42% | 0.0035 | $5,981,678 |
| BTR | Brightstar Resources | 0% | -7% | 0% | -18% | -58% | 0.014 | $11,656,804 |
| TRM | Truscott Mining Corp | 0% | 0% | 0% | 15% | -6% | 0.047 | $7,856,382 |
| DEX | Duke Exploration | 0% | 0% | 0% | 0% | -66% | 0.053 | $5,587,240 |
| MOM | Moab Minerals Ltd | 0% | 0% | -13% | -22% | -75% | 0.007 | $4,773,744 |
| KNB | Koonenberrygold | 0% | -7% | 6% | -10% | -41% | 0.056 | $4,242,361 |
| AWJ | Auric Mining | 0% | -17% | 9% | -22% | -39% | 0.05 | $6,542,980 |
| ENR | Encounter Resources | 0% | 0% | 12% | -19% | -6% | 0.145 | $51,551,238 |
| SNG | Siren Gold | 0% | 15% | 17% | -37% | -72% | 0.115 | $15,439,763 |
| USL | Unico Silver Limited | 0% | -3% | 26% | 0% | -29% | 0.17 | $42,390,719 |
| AYM | Australia United Min | 0% | -25% | 0% | 0% | -57% | 0.003 | $5,527,732 |
| ANL | Amani Gold Ltd | 0% | 0% | 0% | 0% | -50% | 0.001 | $24,693,441 |
| CLZ | Classic Min Ltd | 0% | 0% | -50% | -89% | -99% | 0.001 | $3,893,095 |
| SPD | Southernpalladium | 0% | -4% | -3% | -38% | 0% | 0.5 | $21,539,164 |
| TMB | Tambourahmetals | 0% | 47% | 30% | 19% | -54% | 0.125 | $5,149,075 |
| NCM | Newcrest Mining | 0% | -2% | 21% | 41% | 3% | 29.2 | $26,138,364,296 |
| BGL | Bellevue Gold Ltd | 0% | -3% | 25% | 23% | 39% | 1.385 | $1,569,513,235 |
| RMS | Ramelius Resources | -1% | -3% | 24% | 51% | -7% | 1.405 | $1,235,646,869 |
| PRU | Perseus Mining Ltd | -1% | -2% | 10% | 11% | 18% | 2.34 | $3,228,195,785 |
| GBR | Greatbould Resources | -1% | 4% | 16% | 8% | -20% | 0.098 | $44,447,531 |
| RSG | Resolute Mining | -1% | 1% | 37% | 133% | 31% | 0.465 | $1,000,633,087 |
| GRL | Godolphin Resources | -1% | 31% | 67% | 2% | -39% | 0.085 | $10,179,772 |
| ARL | Ardea Resources Ltd | -1% | -3% | -18% | -41% | -78% | 0.42 | $72,888,678 |
| MKR | Manuka Resources. | -1% | -7% | 43% | -6% | -73% | 0.08 | $43,810,475 |
| CHZ | Chesser Resources | -1% | -2% | -11% | -6% | -36% | 0.08 | $47,676,709 |
| RXL | Rox Resources | -1% | -6% | 43% | 117% | -17% | 0.38 | $86,376,390 |
| NVA | Nova Minerals Ltd | -1% | 11% | -21% | -47% | -59% | 0.36 | $76,974,768 |
| PNR | Pantoro Limited | -1% | -5% | 38% | -28% | -78% | 0.069 | $212,017,440 |
| WGX | Westgold Resources. | -2% | -4% | 31% | 65% | -23% | 1.4475 | $696,225,413 |
| LM8 | Lunnonmetalslimited | -2% | 2% | 23% | 25% | -10% | 1.12 | $125,258,785 |
| GUL | Gullewa Limited | -2% | 0% | -2% | -8% | -28% | 0.055 | $10,963,294 |
| SMI | Santana Minerals Ltd | -2% | -3% | 5% | 18% | 35% | 0.77 | $116,790,414 |
| MEK | Meeka Metals Limited | -2% | 0% | 16% | -26% | 4% | 0.05 | $54,448,056 |
| SSR | SSR Mining Inc. | -2% | -3% | 20% | -1% | -30% | 22.78 | $427,048,002 |
| AUT | Auteco Minerals | -2% | -4% | 15% | -10% | -43% | 0.046 | $108,703,306 |
| BC8 | Black Cat Syndicate | -2% | -5% | 27% | 25% | -35% | 0.445 | $121,286,826 |
| M2R | Miramar | -2% | 0% | -12% | -45% | -76% | 0.044 | $3,515,478 |
| KCN | Kingsgate Consolid. | -2% | -5% | -11% | -12% | -17% | 1.515 | $390,628,706 |
| AZS | Azure Minerals | -2% | -9% | 49% | 82% | 17% | 0.41 | $163,899,150 |
| MEU | Marmota Limited | -3% | -3% | 0% | -23% | -21% | 0.037 | $40,234,422 |
| NXM | Nexus Minerals Ltd | -3% | 1% | 3% | -15% | -51% | 0.17 | $56,954,329 |
| BRB | Breaker Res NL | -3% | -4% | 66% | 50% | 60% | 0.48 | $161,854,159 |
| TUL | Tulla Resources | -3% | -3% | 33% | -4% | -48% | 0.32 | $106,195,321 |
| BMR | Ballymore Resources | -3% | -3% | 3% | 3% | -23% | 0.155 | $15,410,793 |
| KCC | Kincora Copper | -3% | -9% | -9% | -15% | -44% | 0.062 | $7,632,657 |
| LRL | Labyrinth Resources | -3% | -7% | 56% | -18% | -68% | 0.014 | $13,912,566 |
| AAJ | Aruma Resources Ltd | -3% | 17% | 46% | 57% | -41% | 0.083 | $13,498,689 |
| GML | Gateway Mining | -4% | -17% | 11% | -17% | -58% | 0.05 | $13,849,344 |
| OKR | Okapi Resources | -4% | -11% | -17% | -20% | -72% | 0.12 | $22,948,227 |
| SVL | Silver Mines Limited | -4% | -2% | 42% | 18% | -8% | 0.235 | $343,984,813 |
| RED | Red 5 Limited | -4% | -1% | 28% | -16% | -61% | 0.1725 | $622,707,008 |
| SPQ | Superior Resources | -4% | -13% | -18% | -20% | 13% | 0.045 | $79,957,360 |
| CDR | Codrus Minerals Ltd | -4% | 28% | 16% | -15% | 13% | 0.11 | $4,649,450 |
| PGO | Pacgold | -4% | 2% | 26% | 19% | -39% | 0.43 | $24,732,817 |
| ASO | Aston Minerals Ltd | -5% | -9% | 0% | 31% | -32% | 0.105 | $122,620,403 |
| STK | Strickland Metals | -5% | 5% | 14% | 5% | -34% | 0.042 | $68,417,452 |
| AAR | Astral Resources NL | -5% | -4% | 8% | 11% | -19% | 0.08 | $55,894,438 |
| AQI | Alicanto Min Ltd | -5% | -5% | -5% | -7% | -60% | 0.04 | $22,520,972 |
| FG1 | Flynngold | -6% | -11% | 2% | -15% | -48% | 0.085 | $9,258,618 |
| WWI | West Wits Mining Ltd | -6% | 0% | 42% | 6% | -48% | 0.017 | $38,865,250 |
| ARN | Aldoro Resources | -6% | -6% | -26% | 6% | -39% | 0.17 | $20,324,217 |
| TIE | Tietto Minerals | -6% | -12% | 19% | -6% | 27% | 0.665 | $766,706,880 |
| BCN | Beacon Minerals | -6% | 0% | 18% | 18% | -6% | 0.033 | $131,486,886 |
| IDA | Indiana Resources | -6% | 4% | -8% | -13% | -29% | 0.048 | $25,637,946 |
| GED | Golden Deeps | -6% | -6% | 7% | -17% | -58% | 0.0075 | $9,241,814 |
| CLA | Celsius Resource Ltd | -6% | 0% | -6% | -6% | -40% | 0.015 | $29,963,493 |
| ZAG | Zuleika Gold Ltd | -6% | 15% | 15% | -29% | -56% | 0.015 | $8,368,810 |
| ORN | Orion Minerals Ltd | -6% | -6% | -6% | -6% | -42% | 0.015 | $87,452,173 |
| HMX | Hammer Metals Ltd | -6% | -12% | 73% | 29% | -20% | 0.088 | $77,212,291 |
| LCL | Los Cerros Limited | -7% | -7% | -7% | -51% | -74% | 0.028 | $23,829,134 |
| ADG | Adelong Gold Limited | -7% | 8% | 27% | 100% | -60% | 0.014 | $8,007,334 |
| KAL | Kalgoorliegoldmining | -7% | -20% | -20% | -52% | -75% | 0.04 | $3,333,404 |
| CAZ | Cazaly Resources | -7% | 0% | -7% | -24% | -37% | 0.026 | $10,411,010 |
| KIN | KIN Min NL | -7% | -16% | -16% | -42% | -60% | 0.038 | $48,304,172 |
| MXR | Maximus Resources | -8% | -12% | 12% | -8% | -56% | 0.037 | $12,762,231 |
| YRL | Yandal Resources | -8% | -7% | -5% | -12% | -63% | 0.086 | $14,675,686 |
| PNT | Panthermetalsltd | -8% | -8% | -27% | -49% | -60% | 0.097 | $3,228,750 |
| TAR | Taruga Minerals | -8% | 6% | 0% | -29% | -26% | 0.017 | $13,061,496 |
| NAE | New Age Exploration | -8% | -8% | -8% | -21% | -59% | 0.0055 | $8,615,393 |
| M24 | Mamba Exploration | -8% | -15% | 15% | -24% | -19% | 0.11 | $7,318,001 |
| LEX | Lefroy Exploration | -9% | 8% | 23% | 2% | -20% | 0.265 | $46,532,821 |
| G88 | Golden Mile Res Ltd | -9% | -29% | 25% | -2% | -69% | 0.02 | $5,795,509 |
| CPM | Coopermetalslimited | -9% | 6% | 47% | 47% | -14% | 0.345 | $15,616,100 |
| MOH | Moho Resources | -10% | 20% | -5% | -14% | -67% | 0.018 | $4,153,244 |
| RDS | Redstone Resources | -10% | 0% | -10% | 13% | -25% | 0.009 | $7,368,324 |
| TGM | Theta Gold Mines Ltd | -10% | 16% | 34% | 16% | -47% | 0.079 | $54,560,798 |
| MAU | Magnetic Resources | -12% | -24% | -28% | -40% | -64% | 0.515 | $134,264,743 |
| HAV | Havilah Resources | -13% | -11% | -18% | -18% | 38% | 0.27 | $98,158,155 |
| ASR | Asra Minerals Ltd | -14% | -25% | -18% | -55% | -67% | 0.009 | $15,404,746 |
| AVW | Avira Resources Ltd | -14% | 50% | 50% | 0% | -50% | 0.003 | $7,468,265 |
| NAG | Nagambie Resources | -16% | -12% | -19% | -39% | -19% | 0.0405 | $25,713,302 |
| PNX | PNX Metals Limited | -17% | -17% | -17% | -41% | -52% | 0.0025 | $16,141,874 |
| PUA | Peak Minerals Ltd | -20% | 0% | -20% | -33% | -76% | 0.004 | $5,206,883 |
| MCT | Metalicity Limited | -20% | -20% | 0% | -33% | -65% | 0.002 | $8,761,348 |
