Investing in ASX-listed goldies has been lucrative over the past 12 months. Thirty eight of the 141 gold stocks on our list have made gains of over 100 per cent, with 18 of those up by over 200 per cent.

All up, 98 out of a total 141 stocks are winners over the past year. Just 40 are in the red.

And the bullion wagon could keep rolling toward that $US1,800/oz mark as the US Fed Reserve paints a gloomy picture for the world’s #1 economy.

No ‘V shaped’ recovery here, they say.

That’s good for gold as a ’safe haven’ investment – especially Powell’s decision to leave interest rates alone until the end of 2022. History tells us that gold has typically delivered strong returns when real rates have been low.

USD (yellow) and AUD (orange) gold prices over the past month.

Winners & Losers

Here’s how ASX-listed gold stocks performed for the period June 08–12 [intraday]:

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

CODE NAME 1 WEEK RETURN % 1 YEAR RETURN % PRICE [INTRADAY FRIDAY] MARKET CAP
GUL GULLEWA 69 244 0.11 $ 10,545,311.00
DEG DE GREY MINING 58 699 0.63 $ 743,773,952.00
DHR DARK HORSE RESOURCES 50 -25 0.003 $ 7,482,189.00
GSM GOLDEN STATE MINING 42 330 0.305 $ 11,901,812.00
DGO DGO GOLD 39 358 2.75 $ 120,237,776.00
VKA VIKING MINES 29 0 0.009 $ 2,823,460.75
RGL RIVERSGOLD 28 102 0.041 $ 13,449,366.00
AUC AUSGOLD 27 27 0.019 $ 19,911,592.00
BNR BULLETIN RESOURCES 25 567 0.1 $ 15,239,911.00
AWV ANOVA METALS 25 255 0.025 $ 28,681,954.00
CTO CITIGOLD CORP 25 25 0.005 $ 13,005,866.00
CY5 CYGNUS GOLD 25 32 0.066 $ 4,299,818.00
BGL BELLEVUE GOLD 24 65 0.99 $ 596,795,264.00
GSN GREAT SOUTHERN MINING 24 218 0.105 $ 40,005,480.00
ALY ALCHEMY RESOURCES 23 39 0.016 $ 7,156,816.50
TLM TALISMAN MINING 22 48 0.12 $ 21,462,264.00
MDI MIDDLE ISLAND RESOURCES 21 183 0.017 $ 31,981,344.00
MEU MARMOTA 20 275 0.06 $ 46,496,568.00
ARV ARTEMIS RESOURCES 19 -3 0.037 $ 40,318,960.00
OKR OKAPI RESOURCES 19 45 0.16 $ 5,046,001.00
ARL ARDEA RESOURCES 16 -8 0.32 $ 38,709,144.00
TIE TIETTO MINERALS 15 204 0.41 $ 147,378,592.00
NES NELSON RESOURCES 15 -25 0.041 $ 2,905,197.00
DAU DAMPIER GOLD 15 15 0.03 $ 6,425,622.00
PUA PURE ALUMINA 15 -46 0.015 $ 4,335,424.00
KGM KALNORTH GOLD MINES 14 167 0.008 $ 7,153,920.50
OAU ORA GOLD 14 60 0.016 $ 10,763,392.00
AYR ALLOY RESOURCES 14 -20 0.016 $ 5,701,255.00
KTA KRAKATOA RESOURCES 13 89 0.036 $ 7,875,000.00
GBR GREAT BOULDER RESOURCES 12 -47 0.029 $ 3,603,257.75
CGN CRATER GOLD MINING 11 -17 0.01 $ 11,047,463.00
WAF WEST AFRICAN RESOURCES 11 244 0.945 $ 823,216,768.00
HRN HORIZON GOLD 10 93 0.27 $ 19,132,654.00
CDV CARDINAL RESOURCES 10 44 0.455 $ 230,011,280.00
HMX HAMMER METALS 9 44 0.036 $ 19,340,234.00
SFM SANTA FE MINERALS 9 -39 0.06 $ 4,369,127.50
RMS RAMELIUS RESOURCES 9 112 1.78 $ 1,329,313,024.00
MAT MATSA RESOURCES 8 4 0.13 $ 28,383,420.00
HAW HAWTHORN RESOURCES 8 159 0.14 $ 46,692,184.00
ADN ANDROMEDA METALS 8 470 0.057 $ 91,885,864.00
DGR DGR GLOBAL 7 -37 0.062 $ 44,455,704.00
PGI PANTERRA GOLD 7 167 0.048 $ 9,171,658.00
ALK ALKANE RESOURCES 6 164 0.99 $ 551,031,616.00
PRU PERSEUS MINING 6 179 1.24 $ 1,337,423,488.00
CDT CASTLE MINERALS 6 70 0.0085 $ 2,455,343.75
TAM TANAMI GOLD 6 44 0.056 $ 62,280,144.00
BCN BEACON MINERALS 6 90 0.038 $ 108,766,744.00
RED RED 5 5 81 0.29 $ 577,859,392.00
SBM ST BARBARA 5 29 3.16 $ 2,109,283,840.00
SAR SARACEN MINERAL HOLDINGS 5 50 4.81 $ 5,073,760,768.00
RRL REGIS RESOURCES 5 23 5.23 $ 2,566,311,424.00
ERM EMMERSON RESOURCES 5 47 0.115 $ 46,733,928.00
MLL MALI LITHIUM 4 -28 0.1 $ 31,734,812.00
A1G AFRICAN GOLD 4 -39 0.1 $ 5,810,000.00
AAR ANGLO AUSTRALIAN RESOURCES 4 111 0.135 $ 58,035,772.00
KWR KINGWEST RESOURCES 4 4 0.145 $ 17,676,280.00
AOP APOLLO CONSOLIDATED 3 67 0.3 $ 78,037,720.00
NCM NEWCREST MINING 3 7 30.04 $ 23,192,762,368.00
AMG AUSMEX MINING GROUP 3 -69 0.031 $ 17,522,186.00
NST NORTHERN STAR RESOURCES 3 47 13.89 $ 9,628,035,072.00
CWX CARAWINE RESOURCES 3 59 0.175 $ 13,908,397.00
NWM NORWEST MINERALS 3 -3 0.185 $ 15,510,433.00
RND RAND MINING 3 -35 1.95 $ 121,499,920.00
SLR SILVER LAKE RESOURCES 3 141 2 $ 1,698,099,072.00
LEX LEFROY EXPLORATION 3 0 0.2 $ 20,097,348.00
CAI CALIDUS RESOURCES 2 68 0.47 $ 104,934,752.00
PRX PRODIGY GOLD 2 -48 0.048 $ 29,031,380.00
DCN DACIAN GOLD 2 63 0.485 $ 264,225,776.00
GMN GOLD MOUNTAIN 2 20 0.053 $ 33,391,928.00
CYL CATALYST METALS 0 42 2.77 $ 224,127,040.00
SPX SPECTRUM METALS 0 850 0.19 $ 273,697,888.00
TSC TWENTY SEVEN CO 0 200 0.006 $ 8,917,925.00
MTH MITHRIL RESOURCES 0 180 0.014 $ 23,304,830.00
TMX TERRAIN MINERALS 0 150 0.005 $ 3,615,805.00
RXL ROX RESOURCES 0 127 0.025 $ 43,738,416.00
WWI WEST WITS MINING 0 83 0.011 $ 11,089,389.00
NAG NAGAMBIE RESOURCES 0 71 0.065 $ 32,495,602.00
MSR MANAS RESOUCES 0 67 0.005 $ 13,215,812.00
KCN KINGSGATE CONSOLIDATED 0 63 0.4 $ 95,014,896.00
BRV BIG RIVER GOLD 0 60 0.032 $ 43,492,896.00
VMC VENUS METALS 0 48 0.17 $ 25,683,376.00
CXU CAULDRON ENERGY 0 47 0.025 $ 9,407,246.00
WGX WESTGOLD RESOURCES 0 40 2.2 $ 869,876,672.00
SAU SOUTHERN GOLD 0 27 0.145 $ 19,249,314.00
NXM NEXUS MINERALS 0 19 0.05 $ 5,912,028.00
KRM KINGSROSE MINING 0 11 0.04 $ 29,930,302.00
RSG RESOLUTE MINING 0 9 1.085 $ 1,168,996,608.00
AAJ ARUMA RESOURCES 0 0 0.004 $ 2,837,655.50
TRY TROY RESOURCES 0 -8 0.088 $ 55,621,612.00
TAR TARUGA MINERALS 0 -20 0.017 $ 7,420,162.00
GNM GREAT NORTHERN MINERALS 0 -20 0.012 $ 9,387,133.00
ANL AMANI GOLD 0 -25 0.0015 $ 10,251,745.00
AVW AVIRA RESOURCES 0 -25 0.003 $ 3,375,000.00
BAR BARRA RESOURCES 0 -27 0.016 $ 10,140,768.00
GMR GOLDEN RIM RESOURCES 0 -27 0.008 $ 10,136,195.00
DTR DATELINE RESOURCES 0 -40 0.0015 $ 16,420,156.00
MLS METALS AUSTRALIA 0 -50 0.001 $ 3,207,352.75
LNY LANEWAY RESOURCES 0 -60 0.004 $ 14,880,264.00
BBX BBX MINERALS -1 -60 0.099 $ 45,907,588.00
SVL SILVER MINES -1 133 0.098 $ 99,924,464.00
EMR EMERALD RESOURCES -1 20 0.48 $ 252,104,128.00
BLKDA BLACKHAM RESOURCES -1 76 1.58 $ 165,466,272.00
RML RESOLUTION MINERALS -1 69 0.071 $ 15,069,659.00
TTM TITAN MINERALS -2 -66 0.064 $ 64,529,792.00
MAU MAGNETIC RESOURCES -2 201 1.145 $ 240,457,600.00
ONX ORMINEX -2 -74 0.041 $ 22,103,188.00
MKG MAKO GOLD -3 -14 0.075 $ 8,363,275.00
AME ALTO METALS -3 137 0.071 $ 20,829,538.00
AGS ALLIANCE RESOURCES -3 74 0.155 $ 25,853,512.00
EVN EVOLUTION MINING -3 47 5.52 $ 9,033,394,176.00
SLZ SULTAN RESOURCES -3 169 0.14 $ 6,905,668.50
BRB BREAKER RESOURCES -4 -15 0.255 $ 53,203,616.00
ARS ALT RESOURCES -4 132 0.044 $ 27,333,860.00
GOR GOLD ROAD RESOURCES -4 59 1.535 $ 1,310,773,376.00
VAN VANGO MINING -5 -41 0.1 $ 77,580,528.00
OKU OKLO RESOURCES -5 96 0.265 $ 129,886,112.00
BDC BARDOC GOLD -6 45 0.084 $ 122,822,928.00
CMM CAPRICORN METALS -6 281 1.6 $ 542,490,432.00
FML FOCUS MINERALS -6 -6 0.235 $ 42,032,168.00
TBR TRIBUNE RESOURCES -6 46 6.5 $ 354,812,864.00
STN SATURN METALS -7 119 0.47 $ 43,767,192.00
GML GATEWAY MINING -7 18 0.013 $ 17,415,008.00
MML MEDUSA MINING -7 41 0.64 $ 139,222,176.00
NUS NUSANTARA RESOURCES -8 53 0.305 $ 64,808,288.00
CHN CHALICE GOLD MINES -8 696 0.955 $ 305,054,880.00
BYH BRYAH RESOURCES -8 -14 0.059 $ 5,951,556.50
MOH MOHO RESOURCES -9 42 0.074 $ 4,661,233.00
AQI ALICANTO MINERALS -9 58 0.063 $ 17,228,108.00
BC8 BLACK CAT SYNDICATE -10 147 0.63 $ 53,609,136.00
E2M E2 METALS -10 -37 0.135 $ 15,372,421.00
GWR GWR GROUP -12 -57 0.06 $ 16,809,950.00
HRZ HORIZON MINERALS -13 -9 0.105 $ 47,562,396.00
NVA NOVA MINERALS -13 200 0.054 $ 64,417,712.00
DTM DART MINING -13 -50 0.06 $ 5,004,410.50
GED GOLDEN DEEPS -15 -67 0.0085 $ 2,806,085.75
SIH SIHAYO GOLD -16 14 0.016 $ 33,564,320.00
ARM AURORA MINERALS -16 62 0.021 $ 5,388,131.00
PDI PREDICTIVE DISCOVERY -20 420 0.077 $ 56,897,600.00
GBZ GBM RESOURCES -22 78 0.066 $ 15,752,669.00
TNR TORIAN RESOURCES -24 190 0.029 $ 12,473,617.00
SMI SANTANA MINERALS -33 -33 0.002 $ 8,051,836.50

 

WEEKLY TOP 5

GULLEWA (ASX:GUL) +69%

Market Cap: ~$10.5m

Gullewa is a low-profile exploration company which holds shares in other gold explorers.

The stock moved higher this week after TSX-listed Central Iron Ore – of which it owns 36.7 per cent – released an “outstanding” drill result from its South Darlot gold project JV with Red 5 (ASX:RED).

Significant gold intercepts, including 1.6m grading 124.4 grams per tonne (g/t), sent Central Iron Ore’s TSX shares rocketing from 2 Canadian cents to 16.5 Canadian cents.

Gullewa also has a 1 per cent royalty on a WA gold mine called Deflector, owned by Silver Lake Resources (ASX:SLR). In FY19, the minnow received a handy ~$1.67m in royalty payments from Deflector production.

Gullewa – which is up 244 per cent over the past year – jumped in February after Silver Lake announced some spectacular drilling results which could potentially boost mineral resources.

 

DE GREY MINING (ASX:DEG) +58%

Market Cap: ~$740m

This old chestnut. De Grey has uncovered more broad, high-grade extensions at the Hemi gold discovery including 41m grading 6.8g/t.

That’s thick and high grade.

This zone of high-grade gold, called Aquila, remains open at depth and along strike to the east, meaning De Grey still hasn’t hit the edges of this large structure.

This time last year De Grey shares we worth 9c for a market cap of about $38m.

Hemi – a brand new type of gold deposit in the Mallina Province of WA – has since sparked a ~700 per cent increase in the explorer’s share price.

 

DARK HORSE RESOURCES (ASX:DHR) +50%

Market Cap: ~$7.8m

This Argentinean lithium-gold play is spreading its wings, announcing this week it was running the ruler over some new gold and tungsten projects in Finland and Sweden.

At the Tampere permits in Finland, previous drilling returned numerous thick, shallow and high-grade intersections like 11.5m grading 19.4g/t, 30.6m from surface.

Following a capital raise, Dark Horse will commence a “complementary” drilling program to test these results reported by project vendor Sotkamo.

Gold opportunities in other favourable mining jurisdictions are also being considered for acquisition, the company says.

 

GOLDEN STATE MINING (ASX:GSM) +42%

Market Cap: ~$11.9m

One of De Grey’s close neighbours in the Mallina Province of WA.

No news this week, but we know the explorer will kick off maiden drilling at Yule South, 13km from De Grey’s regionally defining Hemi gold discovery, in late June.

“We are looking for certain things, similar looking targets in the geophysics to Hemi,” Golden State managing director Mike Moore says.

“We are also looking for intrusives and good structure – and these [drilling] targets tick those boxes.”

 

DGO GOLD (ASX:DGO) +39%

Market Cap: ~$120m

DGO not only holds exploration ground near Hemi – it is also one of De Grey’s largest shareholders.

In early June the explorer said a maiden drilling program at a project near Hemi had failed to hit any “ore grade gold intersections”. But there’s still hope.

“Analysis of De Grey’s Hemi results shows that gold mineralisation is best developed at depths greater than DGO drilled and that the current size of Hemi could fit between DGO’s first pass line spacing,” DGO exec chairman Eduard Eshuys says.

“DGO continues to be excited about the potential for a significant discovery at Mallina.”

READ: Coziron, DGO and Golden State launch new drilling programs as the Mallina gold province heats up