You might be interested in
Mining
Resources Top 5: Right on Cue… Cyprium Metals makes high-grade copper-gold hit
Mining
Resources Top 5: Alderan kicks hard into Brazil's 'Lithium Valley', OzAurum raises $2.4m
Mining
Mining
There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn.
Despite running out of puff in August and September the gold price is still up ~29 per cent over the past 12 months.
These 191 miners and explorers have ridden the high price environment to an incredible 117 per cent average share price gain over the same period.
That’s a huge amount of value creation for shareholders.
And sentiment remains high. At the risk of repeating ourselves, the next ‘leg up’ could only be a matter of time.
Great quote from @bulldogholmes: “I’ve already seen numerous headlines questioning whether this is the end of the #gold rally. Hardly. Corrections such as this are normal and healthy. They’re a part of gold’s DNA of volatility.” The 20 year gold chart illustrates this clearly. pic.twitter.com/vQVZVtP6GB
— Gavin Wendt (@MineLifeReport) October 1, 2020
This week, 106 stocks went up, 52 went down, and 33 didn’t move for an average gain of four per cent.
Here’s how 191 ASX-listed gold stocks performed September 28 – October 2 [intraday].
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:
CODE | NAME | WEEKLY RETURN % | YEARLY RETURN % | SHARE PRICE [intraday Friday] | MARKET CAP |
---|---|---|---|---|---|
NML | Navarre Minerals | 57 | 105 | 0.18 | $ 86,790,744.16 |
AL8 | Alderan Resources | 45 | 196 | 0.16 | $ 41,890,182.56 |
CHZ | Chesser Resources | 33 | 288 | 0.26 | $ 103,771,577.57 |
STK | Strickland Metals | 33 | 167 | 0.08 | $ 29,267,106.47 |
RVR | Red River Resources | 32 | -3 | 0.165 | $ 88,021,642.39 |
ADN | Andromeda Metals | 29 | 187 | 0.155 | $ 263,873,271.16 |
AVW | Avira Resources | 29 | 350 | 0.009 | $ 13,750,000.00 |
ARV | Artemis Resources | 23 | 238 | 0.135 | $ 145,579,373.81 |
TSO | Tesoro Resources | 21 | 749 | 0.345 | $ 134,662,499.52 |
NXM | Nexus Minerals | 21 | 111 | 0.093 | $ 17,595,002.06 |
AWV | Anova Metals | 20 | 184 | 0.03 | $ 42,992,826.00 |
MLS | Metals Australia | 20 | 20 | 0.003 | $ 9,120,881.94 |
DRE | Dreadnought Resources | 17 | 238 | 0.027 | $ 54,492,033.47 |
NAE | New Age Exploration | 17 | 367 | 0.014 | $ 16,106,315.95 |
BYH | Bryah Resources | 16 | -16 | 0.065 | $ 9,099,294.96 |
GUL | Gullewa | 16 | 307 | 0.11 | $ 17,373,741.00 |
VMC | Venus Metals | 16 | 41 | 0.26 | $ 37,014,277.34 |
GRL | Godolphin Resources | 15 | 0 | 0.225 | $ 15,321,571.65 |
SVL | Silver Mines | 15 | 124 | 0.195 | $ 195,030,978.46 |
ARN | Aldoro Resources | 15 | -31 | 0.11 | $ 7,301,888.33 |
AZS | Azure Minerals | 14 | -13 | 0.2 | $ 44,805,634.15 |
E2M | E2 Metals | 14 | 41 | 0.24 | $ 32,800,046.50 |
DCX | Discovex Resources | 14 | -11 | 0.008 | $ 9,569,312.61 |
HRN | Horizon Gold | 14 | 60 | 0.45 | $ 39,182,488.65 |
PUA | Peak Minerals | 14 | 98 | 0.033 | $ 17,898,006.09 |
RGL | Riversgold | 14 | 337 | 0.058 | $ 21,784,422.35 |
MKR | Manuka Resources | 13 | 0 | 0.52 | $ 38,405,062.46 |
AAJ | Aruma Resources | 13 | 80 | 0.009 | $ 11,394,139.03 |
FAU | First Au | 13 | 20 | 0.018 | $ 7,461,443.47 |
WAF | West African Resources | 12 | 136 | 1.11 | $ 976,856,841.97 |
FFR | Firefly Resources | 12 | 180 | 0.185 | $ 46,762,115.76 |
AUT | Auteco Minerals | 12 | 1713 | 0.145 | $ 219,405,051.04 |
MKG | Mako Gold | 11 | 28 | 0.11 | $ 21,153,045.60 |
CWX | Carawine Resources | 11 | 27 | 0.26 | $ 19,175,873.40 |
TAM | Tanami Gold | 11 | 31 | 0.063 | $ 69,330,725.71 |
OBM | Ora Banda Mining | 10 | 120 | 0.37 | $ 314,403,550.50 |
TLM | Talisman Mining | 10 | 5 | 0.11 | $ 21,462,264.28 |
AME | Alto Metals | 10 | 133 | 0.091 | $ 27,378,670.72 |
BNR | Bulletin Resources | 9 | 173 | 0.071 | $ 12,371,222.11 |
CTO | Citigold Corp | 9 | 140 | 0.012 | $ 28,882,405.30 |
CDT | Castle Minerals | 9 | 33 | 0.012 | $ 6,325,008.18 |
MEI | Meteoric Resources | 9 | -14 | 0.049 | $ 58,290,074.26 |
WWI | West Wits Mining | 9 | 517 | 0.037 | $ 45,032,536.69 |
BAR | Barra Resources | 8 | 18 | 0.026 | $ 16,190,594.42 |
PRX | Prodigy Gold | 8 | -40 | 0.066 | $ 38,902,049.60 |
BGL | Bellevue Gold | 8 | 85 | 1.08 | $ 886,091,834.02 |
S2R | S2 Resources | 8 | 83 | 0.275 | $ 86,769,530.12 |
HAW | Hawthorn Resources | 8 | 146 | 0.14 | $ 46,692,185.82 |
MAT | Matsa Resources | 8 | -10 | 0.14 | $ 36,604,805.72 |
SKY | SKY Metals | 8 | 77 | 0.14 | $ 33,297,726.78 |
CHN | Chalice Gold Mines | 7 | 1220 | 2.64 | $ 777,986,309.10 |
SLZ | Sultan Resources | 7 | 261 | 0.22 | $ 13,190,692.50 |
LNY | Laneway Resources | 7 | 25 | 0.0077 | $ 26,425,461.53 |
KWR | Kingwest Resources | 7 | -43 | 0.15 | $ 21,517,140.12 |
BRB | Breaker Resources | 7 | -15 | 0.235 | $ 78,201,822.96 |
MLL | Mali Lithium | 7 | 108 | 0.16 | $ 56,621,884.25 |
GMR | Golden Rim Resources | 7 | 14 | 0.016 | $ 30,334,319.14 |
GSM | Golden State Mining | 7 | 129 | 0.24 | $ 12,311,005.00 |
VKA | Viking Mines | 7 | 45 | 0.016 | $ 5,333,203.55 |
AMI | Aurelia Metals | 6 | 9 | 0.495 | $ 436,991,898.50 |
MTC | Metalstech | 6 | 1000 | 0.165 | $ 23,450,822.08 |
STN | Saturn Metals | 6 | 45 | 0.69 | $ 74,840,511.90 |
RND | Rand Mining | 6 | -31 | 2.09 | $ 125,710,312.75 |
AQX | Alice Queen | 6 | 3 | 0.038 | $ 39,266,588.48 |
BCN | Beacon Minerals | 5 | -15 | 0.039 | $ 108,843,808.23 |
KRM | Kingsrose Mining | 5 | 26 | 0.039 | $ 27,740,279.38 |
NUS | Nusantara Resources | 5 | 5 | 0.3 | $ 63,773,788.80 |
ENR | Encounter Resources | 5 | 48 | 0.2 | $ 51,952,619.08 |
PGI | Panterra Gold | 5 | 54 | 0.04 | $ 7,415,382.66 |
HMX | Hammer Metals | 5 | 28 | 0.041 | $ 28,226,239.90 |
DGO | DGO Gold | 5 | 309 | 3.35 | $ 228,933,333.44 |
SIH | Sihayo Gold | 5 | 21 | 0.021 | $ 60,108,936.87 |
AGG | AngloGold Ashanti | 5 | 39 | 7.38 | $ 661,029,538.65 |
MZZ | Matador Mining | 5 | 61 | 0.435 | $ 73,266,070.82 |
GSN | Great Southern | 5 | 120 | 0.11 | $ 42,955,056.06 |
MOH | Moho Resources | 5 | 57 | 0.11 | $ 6,953,160.70 |
MAR | Malachite Resources | 5 | -56 | 0.044 | $ 5,483,425.20 |
ZNC | Zenith Minerals | 5 | 89 | 0.115 | $ 33,851,403.45 |
CYL | Catalyst Metals | 5 | 4 | 2.55 | $ 214,239,214.80 |
ARL | Ardea Resources | 4 | 3 | 0.465 | $ 58,631,205.62 |
ONX | Orminex | 4 | -79 | 0.024 | $ 11,860,247.70 |
HRZ | Horizon | 4 | -4 | 0.125 | $ 63,809,400.00 |
GBR | Great Boulder Resources | 4 | 4 | 0.05 | $ 9,402,988.50 |
BDC | Bardoc Gold | 4 | -19 | 0.079 | $ 136,741,682.70 |
KZR | Kalamazoo Resources | 4 | 158 | 0.685 | $ 89,694,882.29 |
WGX | Westgold Resources | 4 | 5 | 2.38 | $ 1,012,754,950.70 |
HXG | Hexagon Energy | 4 | 0 | 0.059 | $ 15,791,403.44 |
CLA | Celsius Resources | 3 | 76 | 0.03 | $ 23,406,542.43 |
SAR | Saracen Mineral | 3 | 51 | 5.14 | $ 5,715,361,099.20 |
NST | Northern Star | 3 | 24 | 13.63 | $ 10,203,049,122.21 |
MML | Medusa Mining | 3 | 1 | 0.81 | $ 167,274,412.31 |
EVN | Evolution Mining | 3 | 26 | 5.7 | $ 9,875,784,527.20 |
CY5 | Cygnus Gold | 3 | 221 | 0.18 | $ 18,895,694.58 |
AUC | Ausgold | 3 | 76 | 0.037 | $ 48,112,933.02 |
BC8 | Black Cat Syndicate | 3 | 68 | 0.765 | $ 84,370,065.26 |
SBM | St Barbara | 3 | 5 | 3.02 | $ 2,116,071,543.00 |
RSG | Resolute Mining | 3 | -35 | 0.91 | $ 1,015,581,289.52 |
ERM | Emmerson Resources | 2 | -28 | 0.087 | $ 42,491,140.91 |
CEL | Challenger Exploration | 2 | 450 | 0.22 | $ 123,313,041.00 |
MEU | Marmota | 2 | 71 | 0.14 | $ 47,433,650.81 |
SSR | SSR Mining | 2 | 0 | 26.21 | $ 430,047,479.68 |
CAI | Calidus Resources | 2 | 115 | 0.58 | $ 156,125,313.50 |
EMR | Emerald Resources | 2 | 44 | 0.059 | $ 306,518,389.42 |
DCN | Dacian Gold | 2 | -59 | 0.33 | $ 183,647,822.82 |
RMS | Ramelius Resources | 1 | 83 | 2.05 | $ 1,690,437,375.99 |
NCM | Newcrest Mining | 1 | -11 | 30.87 | $ 25,345,914,815.36 |
MAU | Magnetic Resources | 0 | 123 | 1.12 | $ 243,080,299.13 |
PRU | Perseus Mining | 0 | 99 | 1.36 | $ 1,685,274,049.25 |
RED | Red 5 | 0 | 11 | 0.3 | $ 610,880,110.31 |
TIE | Tietto Minerals | 0 | 127 | 0.5 | $ 229,433,932.56 |
KCN | Kingsgate Consolidated | 0 | 107 | 0.84 | $ 194,554,308.40 |
VAN | Vango Mining | 0 | -48 | 0.098 | $ 99,359,275.40 |
AOP | Apollo Consolidated | 0 | 30 | 0.325 | $ 84,765,110.85 |
ERX | Exore Resources | 0 | 14 | 0.12 | $ 73,124,732.64 |
ADV | Ardiden | 0 | 733 | 0.025 | $ 52,004,672.10 |
MDI | Middle Island Resources | 0 | 129 | 0.016 | $ 46,315,912.55 |
GBZ | GBM Resources | 0 | 385 | 0.135 | $ 46,097,969.54 |
AGS | Alliance Resources | 0 | 67 | 0.22 | $ 39,226,017.60 |
MCT | Metalicity | 0 | 382 | 0.023 | $ 34,579,785.00 |
DTR | Dateline Resources | 0 | 20 | 0.003 | $ 24,630,234.23 |
OAU | Ora Gold | 0 | 9 | 0.024 | $ 20,180,285.33 |
GNM | Great Northern Minerals | 0 | 90 | 0.019 | $ 17,150,472.47 |
HWK | Hawkstone Mining | 0 | 8 | 0.014 | $ 17,078,693.45 |
ANL | Amani Gold | 0 | -33 | 0.002 | $ 15,676,393.49 |
CXU | Cauldron Energy | 0 | 138 | 0.038 | $ 14,945,013.73 |
CGN | Crater Gold Mining | 0 | -19 | 0.013 | $ 14,729,950.40 |
TNR | Torian Resources | 0 | 30 | 0.02 | $ 14,627,794.22 |
SI6 | Six Sigma Metals | 0 | 250 | 0.014 | $ 14,402,434.89 |
NPM | Newpeak Metals | 0 | -25 | 0.003 | $ 12,947,265.26 |
XTC | Xantippe Resources | 0 | 50 | 0.003 | $ 12,223,693.21 |
KGM | Kalnorth Gold | 0 | 63 | 0.013 | $ 11,625,120.78 |
TSC | Twenty Seven Co. | 0 | 75 | 0.007 | $ 11,104,246.15 |
KAU | Kaiser Reef | 0 | 0 | 0.41 | $ 10,106,500.41 |
DAU | Dampier Gold | 0 | 25 | 0.03 | $ 8,263,855.66 |
NES | Nelson Resources | 0 | 42 | 0.072 | $ 8,150,952.08 |
RMX | Red Mount Mining | 0 | 33 | 0.008 | $ 8,104,294.20 |
SMI | Santana Minerals | 0 | 0 | 0.003 | $ 6,105,673.46 |
SFM | Santa Fe Minerals | 0 | -11 | 0.08 | $ 5,825,503.12 |
RRL | Regis Resources | 0 | 2 | 4.99 | $ 2,576,399,066.65 |
CDV | Cardinal Resources | -1 | 171 | 1.06 | $ 560,521,966.31 |
ALK | Alkane Resources | -1 | 102 | 1.37 | $ 836,521,264.00 |
GMN | Gold Mountain | -1 | -28 | 0.042 | $ 28,545,821.81 |
SLR | Silver Lake Resources | -1 | 142 | 2.26 | $ 2,026,780,748.30 |
DEG | De Grey Mining | -2 | 1985 | 1.23 | $ 1,637,604,078.39 |
TAR | Taruga Minerals | -2 | 150 | 0.061 | $ 27,432,090.36 |
RXL | Rox Resources | -2 | 116 | 0.054 | $ 112,520,565.47 |
GOR | Gold Road Resources | -2 | 17 | 1.43 | $ 1,289,089,755.82 |
AMG | Ausmex Mining | -2 | -53 | 0.046 | $ 25,188,142.26 |
GML | Gateway Mining | -3 | 3 | 0.0195 | $ 36,140,204.68 |
GWR | GWR Group | -3 | 106 | 0.185 | $ 56,033,168.18 |
AQI | Alicanto Minerals | -3 | 143 | 0.17 | $ 47,729,814.38 |
BRV | Big River Gold | -3 | 217 | 0.057 | $ 74,978,282.57 |
GED | Golden Deeps | -3 | -53 | 0.014 | $ 7,538,169.79 |
FML | Focus Minerals | -4 | 40 | 0.405 | $ 73,099,426.00 |
AXE | Archer Materials | -4 | 240 | 0.51 | $ 113,450,685.62 |
LEX | Lefroy Exploration | -4 | 20 | 0.24 | $ 25,121,686.25 |
SAU | Southern Gold | -4 | -52 | 0.12 | $ 19,199,613.60 |
NWM | Norwest Minerals | -4 | -45 | 0.11 | $ 9,138,964.15 |
PDI | Predictive Discovery | -4 | 407 | 0.065 | $ 53,552,606.58 |
TRY | Troy Resources | -4 | -25 | 0.086 | $ 54,357,484.05 |
MGV | Musgrave Minerals | -4 | 633 | 0.535 | $ 258,380,295.33 |
G88 | Golden Mile Resources | -4 | -15 | 0.064 | $ 7,750,154.66 |
NVA | Nova Minerals | -5 | 163 | 0.1 | $ 151,498,866.30 |
MVL | Marvel Gold | -5 | -48 | 0.058 | $ 24,404,999.42 |
ALY | Alchemy Resources | -5 | 50 | 0.19 | $ 12,772,625.61 |
DTM | Dart Mining | -6 | 18 | 0.16 | $ 14,477,085.98 |
TMX | Terrain Minerals | -6 | 275 | 0.015 | $ 10,847,415.14 |
RDS | Redstone Resources | -6 | 114 | 0.015 | $ 7,801,950.24 |
NAG | Nagambie Resources | -7 | -7 | 0.056 | $ 27,996,211.38 |
OKU | Oklo Resources | -7 | 141 | 0.265 | $ 135,962,049.42 |
TTM | Titan Minerals | -7 | -32 | 0.125 | $ 137,859,031.75 |
CMM | Capricorn Metals | -8 | 64 | 1.8 | $ 620,657,926.64 |
PUR | Pursuit Minerals | -8 | 9 | 0.012 | $ 4,801,093.16 |
SBR | Sabre Resources | -8 | 175 | 0.011 | $ 12,506,462.58 |
BBX | BBX Minerals | -9 | 126 | 0.43 | $ 180,777,027.99 |
TBR | Tribune Resources | -9 | -14 | 6.85 | $ 365,177,815.92 |
PAK | Pacific American Holdings | -9 | -38 | 0.021 | $ 6,920,867.80 |
AAR | Anglo Australian | -9 | 58 | 0.155 | $ 82,558,409.81 |
CST | Castile Resources | -9 | 0 | 0.295 | $ 58,914,485.70 |
OKR | Okapi Resources | -10 | -34 | 0.175 | $ 6,307,501.55 |
CBY | Canterbury Resources | -10 | -46 | 0.13 | $ 11,298,516.06 |
NSM | North Stawell Minerals | -11 | 0 | 0.44 | $ 18,400,000.00 |
WMX | Wiluna Mining | -11 | 79 | 1.79 | $ 176,827,319.68 |
RML | Resolution Minerals | -12 | 36 | 0.045 | $ 12,576,185.60 |
A1G | African Gold | -12 | -27 | 0.15 | $ 4,708,731.60 |
KTA | Krakatoa Resources | -13 | 300 | 0.1 | $ 25,095,000.00 |
MRZ | Mont Royal Resources | -13 | 53 | 0.33 | $ 11,063,184.05 |
VRC | Volt Resources | -14 | 21 | 0.012 | $ 20,205,553.73 |
MSR | Manas Resources | -14 | 100 | 0.006 | $ 17,180,556.17 |
MHC | Manhattan Corp | -15 | 680 | 0.039 | $ 54,377,426.41 |
MTH | Mithril Resources | -29 | 400 | 0.003 | $ 58,438,104.09 |
With the help of Australia’s national science agency, the CSIRO, Navarre Minerals (ASX:NML) has identified several new tier 1 deposit ‘look-a-likes’ at the Stawell Corridor gold project in Victoria.
“Our Stawell Corridor gold project contains at least seven potential ‘Magdala’ analogues in a 70km long tenement package south of and on-strike of Stawell’s 4moz Magdala gold mine,” Navarre managing director Ian Holland says.
The cashed up explorer is drilling these targets right now.
US explorer Alderan Resources (ASX:AL8) is hunting for ‘Carlin-like’ deposits — also known as ‘the elephants of the gold world’.
In mid-October, Alderan will drill the Mizpah prospect in Utah where “gold associated geochemistry is very typical of Carlin-like mineral systems”.
Alderan has enjoyed a good run of late. Last month, hefty JV partner Rio Tinto (ASX:RIO) hit 41m at 1.9 per cent copper and 0.62 grams per tonne (g/t) gold at the Cactus Canyon prospect, part of the Frisco project in Utah.
Rio can earn up to 70 per cent in the project from Alderan by spending $US30m on exploration.
Small cap gold and base metals miner Red River Resources (ASX:RVR) is now debt free after repaying a $US6m working capital facility from operating cashflows.
Red River has a history of buying distressed mining assets and transforming them into money makers.
Last year, Red River acquired the high-grade 692,000oz Hillgrove gold mine in NSW for about $4m.
The $88m market cap stock remains on track for first gold production by the end of the year.