A fresh leg up into +$US2,000/oz territory is coming again very soon for gold, experts say, as investors continue to pour cash into ‘undervalued’ ASX stocks.

This week, the gold price bounced around a narrow range between $US1,930 and $US1,960 per ounce.

Like many others, ANZ analysts believe gold’s recent price consolidation in the $US1,900’s is just a brief stopover on the road to $US2,300/oz (and beyond) in 2021.

Meanwhile, everyone’s hoping to get in on the ground floor of the next multi-bagging cash bonanza.

Punters are piling into new IPOs and bargain gold stocks like minnow Oakdale Resources (ASX:OAR), which recently completed an oversubscribed $2.2m placement at a premium.

Are there stocks missing from our list? Email [email protected] >>>

USD (yellow) and AUD (orange) gold prices since mid 2019.

Winners & Losers

Here’s how 178 ASX-listed gold stocks performed for the period September 07 – September 11 [intraday]:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

TICKER NAME 1 WEEK RETURN % 1 YEAR RETURN % PRICE [INTRADAY FRIDAY] MARKET CAP
A1G AFRICAN GOLD 0 -36 0.14 $ 8,376,941.50
ALY ALCHEMY RESOURCES 0 32 0.018 $ 10,602,352.00
ARN ALDORO RESOURCES 6 -49 0.105 $ 6,540,875.00
AQI ALICANTO MINERALS -9 105 0.15 $ 42,114,544.00
ALK ALKANE RESOURCES 5 123 1.17 $ 675,607,488.00
AGS ALLIANCE RESOURCES -11 60 0.235 $ 37,443,016.00
ARS ALT RESOURCES 0 123 0.049 $ 31,978,522.00
AME ALTO METALS 4 153 0.086 $ 25,593,106.00
ANL AMANI GOLD 0 -20 0.002 $ 15,676,393.00
ADN ANDROMEDA METALS 34 49 0.07 $ 99,444,032.00
AAR ANGLO AUSTRALIAN RESOURCES 0 203 0.195 $ 93,585,808.00
AWV ANOVA METALS -6 152 0.031 $ 38,791,144.00
AOP APOLLO CONSOLIDATED -2 31 0.32 $ 87,456,064.00
AXE ARCHER MATERIALS 35 356 0.61 $ 131,247,568.00
ARL ARDEA RESOURCES -11 -7 0.525 $ 59,823,220.00
ADV ARDIDEN -8 380 0.024 $ 49,924,484.00
ARV ARTEMIS RESOURCES -3 181 0.076 $ 85,107,944.00
AAJ ARUMA RESOURCES 57 120 0.009 $ 10,254,725.00
AMI AURELIA METALS -2 -4 0.51 $ 441,361,824.00
AUC AUSGOLD 0 85 0.037 $ 48,112,932.00
AMG AUSMEX MINING GROUP -8 -56 0.045 $ 25,188,142.00
AUT AUTECO MINERALS -12 2900 0.15 $ 227,240,944.00
AVW AVIRA RESOURCES 33 210 0.009 $ 12,375,000.00
AZS AZURE MINERALS 3 -8 0.17 $ 38,750,820.00
BDC BARDOC GOLD 3 -30 0.08 $ 138,472,592.00
BAR BARRA RESOURCES 0 14 0.023 $ 13,719,862.00
BBX BBX MINERALS 21 70 0.34 $ 137,722,752.00
BCN BEACON MINERALS 3 -25 0.036 $ 94,522,256.00
BGL BELLEVUE GOLD 7 72 1.0375 $ 856,695,424.00
BRV BIG RIVER GOLD -9 228 0.06 $ 74,928,056.00
BC8 BLACK CAT SYNDICATE -3 79 0.78 $ 87,127,256.00
BRB BREAKER RESOURCES 0 -24 0.24 $ 62,491,460.00
BYH BRYAH RESOURCES 0 -39 0.05 $ 6,593,692.00
BNR BULLETIN RESOURCES -16 130 0.062 $ 12,550,515.00
CAI CALIDUS RESOURCES -3 89 0.535 $ 144,012,144.00
CMM CAPRICORN METALS 7 83 2.04 $ 704,902,336.00
CWX CARAWINE RESOURCES 0 55 0.225 $ 17,385,496.00
CDV CARDINAL RESOURCES 11 124 1.04 $ 539,175,104.00
CST CASTILE RESOURCES -4 0.27 $ 51,924,632.00
CDT CASTLE MINERALS 8 44 0.013 $ 6,325,008.00
CYL CATALYST METALS 0 4 2.47 $ 201,879,264.00
CXU CAULDRON ENERGY -9 88 0.032 $ 12,041,275.00
CLA CELSIUS RESOURCES 26 41 0.023 $ 18,725,234.00
CHN CHALICE GOLD MINES -3 681 1.39 $ 442,806,432.00
CEL CHALLENGER EXPLORATION -6 505 0.225 $ 152,450,288.00
CHZ CHESSER RESOURCES -23 179 0.175 $ 73,103,032.00
CTO CITIGOLD CORP 0 140 0.012 $ 28,612,906.00
CGN CRATER GOLD MINING -21 -27 0.011 $ 17,184,942.00
CY5 CYGNUS GOLD -10 219 0.185 $ 15,313,695.00
DCN DACIAN GOLD 0 -51 0.33 $ 180,865,280.00
DAU DAMPIER GOLD -9 33 0.032 $ 8,833,777.00
DTM DART MINING 8 72 0.2 $ 14,617,026.00
DTR DATELINE RESOURCES 50 -14 0.003 $ 32,840,312.00
DEG DE GREY MINING 13 2608 1.435 $ 1,716,116,608.00
DGO DGO GOLD -2 347 3.62 $ 233,834,128.00
DGR DGR GLOBAL 0 -9 0.069 $ 54,419,912.00
DCX DISCOVEX RESOURCES -13 -30 0.007 $ 9,569,313.00
DRE DREADNOUGHT RESOURCES 0 114 0.016 $ 33,533,560.00
E2M E2 METALS -2 -7 0.205 $ 28,208,040.00
EMR EMERALD RESOURCES 1 64 0.64 $ 339,747,840.00
ERM EMMERSON RESOURCES -2 -28 0.092 $ 45,871,120.00
EVN EVOLUTION MINING 2 26 5.67 $ 9,568,234,496.00
ERX EXORE RESOURCES 5 22 0.1 $ 58,935,612.00
FFR FIREFLY RESOURCES 42 108 0.17 $ 42,411,524.00
FML FOCUS MINERALS -9 24 0.39 $ 76,754,400.00
FFL FOUNDERS FIRST -1 0.395 $ 48,818,480.00
GML GATEWAY MINING -5 17 0.021 $ 38,042,320.00
GBZ GBM RESOURCES -7 250 0.13 $ 42,791,768.00
GRL GODOLPHIN RESOURCES -5 0.2 $ 13,619,175.00
GMN GOLD MOUNTAIN -2 -22 0.04 $ 27,186,496.00
GOR GOLD ROAD RESOURCES 6 22 1.58 $ 1,341,885,184.00
GED GOLDEN DEEPS 14 -38 0.016 $ 10,768,814.00
G88 GOLDEN MILE RESOURCES 4 -29 0.059 $ 6,465,743.00
GMR GOLDEN RIM RESOURCES 14 7 0.016 $ 26,759,024.00
GSM GOLDEN STATE MINING -18 180 0.255 $ 14,725,412.00
GBR GREAT BOULDER RESOURCES -4 19 0.049 $ 8,562,187.00
GNM GREAT NORTHERN MINERALS -12 120 0.021 $ 19,858,442.00
GSN GREAT SOUTHERN MINING -13 94 0.11 $ 42,955,056.00
GUL GULLEWA 0 143 0.085 $ 13,801,714.00
GWR GWR GROUP 5 125 0.21 $ 63,674,056.00
HMX HAMMER METALS -11 22 0.037 $ 23,369,318.00
HAW HAWTHORN RESOURCES -3 164 0.14 $ 45,024,608.00
HXG HEXAGON ENERGY MATERIALS -5 -26 0.06 $ 16,083,837.00
HRN HORIZON GOLD 1 41 0.49 $ 45,712,904.00
HRZ HORIZON MINERALS 0 4 0.13 $ 66,361,776.00
KZR KALAMAZOO RESOURCES LIMITED -3 202 0.71 $ 93,623,128.00
KGM KALNORTH GOLD MINES 0 117 0.013 $ 11,625,121.00
KCN KINGSGATE CONSOLIDATED 32 127 0.87 $ 183,243,008.00
KRM KINGSROSE MINING 8 8 0.037 $ 30,660,308.00
KWR KINGWEST RESOURCES 7 -44 0.18 $ 20,114,388.00
KTA KRAKATOA RESOURCES 4 295 0.083 $ 18,821,250.00
LNY LANEWAY RESOURCES 14 0 0.008 $ 30,200,528.00
LEX LEFROY EXPLORATION -6 15 0.23 $ 22,107,084.00
MAU MAGNETIC RESOURCES -7 196 1.33 $ 282,643,136.00
MKG MAKO GOLD 4 67 0.125 $ 25,359,654.00
MAR MALACHITE RESOURCES -30 -67 0.034 $ 4,237,192.00
MLL MALI LITHIUM -15 51 0.165 $ 53,949,180.00
MSR MANAS RESOUCES 20 50 0.007 $ 15,858,975.00
MHC MANHATTAN CORP 7 780 0.046 $ 57,029,984.00
MKR MANUKA RESOURCES -8 0.52 $ 137,922,624.00
MEU MARMOTA 1 76 0.047 $ 46,465,616.00
MZZ MATADOR MINING LIMITED -3 59 0.43 $ 71,573,296.00
MAT MATSA RESOURCES -10 -18 0.14 $ 31,789,432.00
MML MEDUSA MINING 2 4 0.875 $ 184,936,928.00
MCT METALICITY -11 403 0.024 $ 39,561,940.00
MLS METALS AUSTRALIA 100 100 0.0035 $ 7,296,705.50
MTC METALSTECH 20 1005 0.21 $ 25,313,528.00
MEI METEORIC RESOURCES NL 5 -15 0.041 $ 48,212,360.00
MDI MIDDLE ISLAND RESOURCES -6 113 0.017 $ 46,315,912.00
MTH MITHRIL RESOURCES -8 700 0.047 $ 100,179,608.00
MOH MOHO RESOURCES -5 16 0.1 $ 7,494,653.50
MGV MUSGRAVE MINERALS 7 659 0.6 $ 282,084,896.00
NAG NAGAMBIE RESOURCES 2 -7 0.051 $ 23,996,752.00
NES NELSON RESOURCES -6 66 0.068 $ 7,691,743.50
NAE NEW AGE EXPLORATION -11 129 0.009 $ 7,110,243.50
NCM NEWCREST MINING 2 -6 31.43 $ 25,494,085,632.00
NPM NEWPEAK METALS 100 0 0.004 $ 16,929,474.00
NXM NEXUS MINERALS 0 56 0.074 $ 13,534,617.00
NST NORTHERN STAR RESOURCES 1 31 13.31 $ 9,654,736,896.00
NWM NORWEST MINERALS 0 -37 0.135 $ 11,318,424.00
NVA NOVA MINERALS 30 50 0.089 $ 134,833,984.00
NUS NUSANTARA RESOURCES 0 9 0.29 $ 59,522,204.00
OKR OKAPI RESOURCES -5 -13 0.19 $ 7,388,787.50
OKU OKLO RESOURCES 4 117 0.255 $ 125,890,784.00
OAU ORA GOLD 41 100 0.025 $ 21,021,130.00
ONX ORMINEX -5 -74 0.035 $ 18,868,576.00
PGI PANTERRA GOLD 8 72 0.043 $ 7,805,666.00
PUA PEAK MINERALS 7 35 0.03 $ 12,946,187.00
PRU PERSEUS MINING -2 104 1.355 $ 1,566,547,840.00
PDI PREDICTIVE DISCOVERY -3 475 0.069 $ 52,728,720.00
PRX PRODIGY GOLD -7 -45 0.063 $ 35,998,912.00
PUR PURSUIT MINERALS 25 100 0.022 $ 7,016,483.50
RMS RAMELIUS RESOURCES 5 94 2.265 $ 1,730,146,048.00
RND RAND MINING -12 -32 2.06 $ 123,905,856.00
RED RED 5 3 10 0.3375 $ 666,260,480.00
RMX RED MOUNTAIN MINING 25 100 0.009 $ 10,130,368.00
RDS REDSTONE RESOURCES -9 110 0.022 $ 10,922,730.00
RRL REGIS RESOURCES 2 19 5.2 $ 2,652,925,696.00
RSG RESOLUTE MINING -11 -32 0.98 $ 1,170,126,208.00
RML RESOLUTION MINERALS -29 11 0.05 $ 19,842,426.00
RGL RIVERSGOLD 9 286 0.058 $ 22,173,430.00
RXL ROX RESOURCES -3 135 0.064 $ 122,449,704.00
SBR SABRE RESOURCES 44 225 0.013 $ 18,759,694.00
SFM SANTA FE MINERALS 11 -11 0.08 $ 5,825,503.00
SMI SANTANA MINERALS 0 33 0.004 $ 10,735,782.00
SAR SARACEN MINERAL HOLDINGS 1 65 5.13 $ 5,538,140,672.00
STN SATURN METALS -10 52 0.7 $ 61,566,876.00
SIH SIHAYO GOLD 5 59 0.023 $ 68,695,928.00
SLR SILVER LAKE RESOURCES 4 131 2.27 $ 1,965,011,584.00
SVL SILVER MINES -4 119 0.23 $ 234,734,848.00
SI6 SIX SIGMA METALS -8 200 0.0135 $ 13,759,747.00
SKY SKY METALS -16 63 0.135 $ 39,637,144.00
SAU SOUTHERN GOLD 7 -25 0.15 $ 19,890,958.00
SBM ST BARBARA -2 23 3.25 $ 2,300,552,704.00
STK STRICKLAND METALS -11 83 0.055 $ 22,946,084.00
SLZ SULTAN RESOURCES 2 340 0.25 $ 14,070,072.00
TLM TALISMAN MINING -4 0 0.11 $ 21,462,264.00
TAM TANAMI GOLD NL 3 30 0.069 $ 78,731,504.00
TAR TARUGA MINERALS 1 187 0.07 $ 27,337,438.00
TMX TERRAIN MINERALS 0 200 0.015 $ 10,124,254.00
TSO TESORO RESOURCES 41 453 0.225 $ 95,258,784.00
TIE TIETTO MINERALS 7 163 0.57 $ 222,664,832.00
TTM TITAN MINERALS 5 -38 0.11 $ 126,830,312.00
TNR TORIAN RESOURCES 29 56 0.018 $ 12,433,625.00
TBR TRIBUNE RESOURCES -2 3 7.96 $ 424,991,424.00
TRY TROY RESOURCES 12 5 0.11 $ 69,527,016.00
TSC TWENTY SEVEN CO 0 0 0.005 $ 7,431,604.50
VAN VANGO MINING 3 -51 0.1 $ 94,391,312.00
VMC VENUS METALS CORP 2 19 0.265 $ 37,014,276.00
VKA VIKING MINES 7 15 0.014 $ 4,078,332.25
VRC VOLT RESOURCES 0 34 0.016 $ 32,328,886.00
WAF WEST AFRICAN RESOURCES 8 127 1.035 $ 876,104,768.00
WWI WEST WITS MINING 0 214 0.022 $ 28,441,602.00
WGX WESTGOLD RESOURCES 7 3 2.37 $ 928,708,928.00
WMX WILUNA MINING CORP 13 39 1.635 $ 175,822,624.00
XTC XANTIPPE RESOURCES 17 75 0.0035 $ 16,298,258.00
ZNC ZENITH MINERALS 25 88 0.12 $ 32,379,604.00
CBY CANTERBURY RESOURCES 0 -50 0.12 $ 10,590,000.00
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Weekly Winners Column

Hey presto! Former lithium play Dark Horse Resources has transformed into diversified gold explorer NewPeak Metals (ASX:NPM).

NewPeak has inked a deal to earn into a number of gold projects in Otago, New Zealand. This includes the Cap Burn project, which displays early stage similarities to the nearby +5-million-ounce Macraes mine.

WA explorer Firefly Resources (ASX:FFY) hit up to 1,439.55 grams per tonne (g/t) gold in maiden drilling at the historic Yalgoo project. This super-high 1m intercept was part of a broader 6m grading 244.91g/t gold, 50m from surface.

More high grades: Ora Gold (ASX:OAU) has intersected near-surface gold up to 794.2g/t at the Garden Gully project in WA. Here’s what that looks like:

Kingsgate Consolidated (ASX:KCN)  has the thumbs up to sell “high-value gold and silver sludge” from its Chatree gold mine in Thailand. Kingsgate says the sludge contains about 4,750oz of gold and 34,800oz of silver worth about $14m.

Zenith Minerals (ASX:ZNC) has kicked off a drilling program to follow-up recent high-grade gold hits — including 9m at 31.4g/t — at the Split Rocks project in WA. The hard working ‘project generator’ also inked a deal to acquire the advanced Jackadgery gold project in northern NSW.

Red Mountain Mining (ASX:RMX) has secured the first of three tenements that make up the Koonenberry gold project in north-western NSW.

Koonenberry adjoins the Tibooburra project, where former ‘penny dreadful’ Manhattan Corp (ASX:MHC) made a shallow high-grade gold discovery in June this year.

BBX Minerals (ASX:BBX) has made a breakthrough at its weird gold project in Brazil.

The gold mineralisation at BBX’s Ema and Três Estados properties don’t respond to normal assay techniques, which means the company has been grappling with often high but very variable results.

Now, the company has finally developed a “consistent and repeatable” analytical assay method which allows it to start building a resource model.

MetalsTech (ASX:MTC) reckons that its Sturec gold project in Slovakia is in the crosshairs of “the international mining community, particularly from Chinese strategic groups”.

The former battery metals microcap recorded the biggest one-day gain for an ASX stock in 2019 after announcing that it had signed an option agreement to acquire the 1.1-million-ounce project.

MetalsTech is currently drilling to follow up a spectacular historic intersection of 89m grading 6.9g/t gold and 23.6g/t silver, 114m from surface. That’s insane.