Gold Digger: Records smashed as money pours into gold stocks

The gold price may be well off its August 2020 highs, but sentiment is not.

About $US6.61 billion was poured into the coffers of global mining and exploration companies in the March quarter – the highest since 2011, according to S&P Global Market Intelligence analysis.

Of this, gold had another standout quarter with US$1.68 billion raised across 281 financings.

That’s 74% higher year-over-year, and the highest March-quarter total since 2012.

The gold price has also shown improvement over the last month, up $US50, or 2.84%, to $US1,785.15/oz.

Winners & Losers

Here’s how ASX-listed gold & silver stocks are performing:

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

CODE	COMPANY	1 WEEK RETURN %	1 MONTH RETURN %	6 MONTH RETURN %	1 YEAR RETURN %	SHARE PRICE [INTRADAY FRI]	MARKET CAP
ZNC	Zenith Minerals	92	92	56	363	0.25	$ 73,590,007.50
TLM	Talisman Mining	50	43	25	97	0.15	$ 27,994,257.75
ANL	Amani Gold	50	-25	-25	-25	0.0015	$ 16,180,495.12
NPM	Newpeak Metals	50	0	0	50	0.003	$ 17,022,483.89
EM2	Eagle Mountain	30	121	158	919	1.07	$ 208,235,400.26
CDT	Castle Minerals	30	8	8	86	0.013	$ 8,790,009.82
NAE	New Age Exploration	27	46	12	850	0.019	$ 23,171,315.29
PKO	Peako Limited	27	41	-3	352	0.038	$ 6,721,896.20
HXG	Hexagon Energy	26	20	135	97	0.12	$ 44,809,771.97
ONX	Orminex	26	119	146	-3	0.059	$ 31,228,748.75
SIH	Sihayo Gold Limited	25	0	-38	11	0.015	$ 55,281,921.20
XTC	Xantippe Res	25	25	-17	-38	0.0025	$ 12,223,693.21
TAR	Taruga Minerals	25	30	-3	500	0.06	$ 25,603,284.34
BNZ	Benzmining	21	13			0.88	$ 28,320,973.03
GMR	Golden Rim Resources	20	50	-25	71	0.012	$ 32,044,196.15
ICG	Inca Minerals	17	44	108	603	0.135	$ 54,460,674.00
BBX	BBX Minerals	17	-13	-44	129	0.24	$ 95,493,388.98
DLC	Delecta Limited	17	8	17	75	0.007	$ 7,060,348.44
CEL	Challenger Exp	16	16	73	278	0.355	$ 189,555,022.82
AAR	Anglo Australian	15	20	-30	-12	0.115	$ 67,735,964.16
FFX	Firefinch	15	48	66	593	0.33	$ 262,223,808.40
DEG	De Grey Mining	14	24	14	341	1.41	$ 1,721,283,666.44
TNR	Torian Resources	14	-14	72	272	0.05	$ 40,978,168.20
GBR	Greatbould Resources	14	5	-43	9	0.042	$ 9,967,167.83
KAU	Kaiser Reef	13	3	-15	84	0.35	$ 32,914,840.36
PNR	Pantoro Limited	13	13	5	57	0.22	$ 309,847,610.16
KRM	Kingsrose Mining	13	20	56	89	0.053	$ 38,690,389.66
AL8	Alderan Resource	13	1	-27	515	0.08	$ 21,153,817.53
BDC	Bardoc Gold	13	5	3	25	0.08	$ 124,938,531.07
PDI	Predictive Disc	12	26	52	41	0.093	$ 95,755,156.91
VMC	Venus Metals Cor	11	8	-25	18	0.2	$ 28,704,949.77
OKU	Oklo Resources	11	-12	-45	-47	0.15	$ 78,124,620.86
BGL	Bellevue Gold	11	8	-23	79	0.985	$ 864,841,752.63
BMO	Bastion Minerals	11	0			0.21	$ 12,065,394.60
GMN	Gold Mountain	10	8	8	-16	0.043	$ 31,981,784.23
MRZ	Mont Royal Resources	10	25	-7	120	0.33	$ 10,959,587.10
AYM	Australia United Min	10	0	-45	450	0.011	$ 20,268,352.34
RGL	Riversgold	10	27	-5	613	0.057	$ 22,773,905.17
MBK	Metal Bank	9	20	-8	79	0.012	$ 13,029,591.34
GED	Golden Deeps	9	20	-25	140	0.012	$ 10,073,068.72
AGS	Alliance Resources	9	-3	-27	116	0.18	$ 37,443,084.12
RDS	Redstone Resources	9	0	-14	100	0.012	$ 9,346,987.82
SPQ	Superior Resources	9	-8	9	327	0.012	$ 16,576,029.49
CYL	Catalyst Metals	9	15	-10	-1	2.27	$ 221,165,376.75
ERM	Emmerson Resources	8	15	-8	4	0.078	$ 39,360,840.63
SRN	Surefire Rescs NL	8	8	-19	1200	0.026	$ 27,429,010.25
EVN	Evolution Mining	8	11	-18	-4	4.79	$ 8,252,862,020.55
RED	Red 5 Limited	8	25	-33	-5	0.2	$ 469,264,649.40
DCN	Dacian Gold	8	4	5	19	0.41	$ 336,715,998.17
ASO	Aston Minerals	8	79	233	977	0.14	$ 139,471,588.64
CTO	Citigold Corp	8	8	-22	250	0.014	$ 36,140,000.00
EMR	Emerald Res NL	8	6	45	95	0.86	$ 440,664,611.99
CHN	Chalice Mining	7	44	135	569	6.92	$ 2,299,730,258.35
SSR	SSR Mining Inc.	7	8	-23		21.25	$ 382,637,796.03
HAW	Hawthorn Resources	7	-3	-45	-37	0.06	$ 20,010,936.78
SVL	Silver Mines Limited	7	-2	5	168	0.225	$ 267,360,804.23
S2R	S2 Resources	7	-9	-43	55	0.155	$ 48,808,132.75
PNX	PNX Metals Limited	7	14	-20	14	0.008	$ 29,217,548.09
KCC	Kincora Copper	6				0.255	$ 12,250,000.00
BTR	Brightstar Resources	6	-29	17	483	0.035	$ 15,391,276.74
DEX	Duke Exploration	6	9			0.355	$ 21,117,953.85
BCN	Beacon Minerals	6	-5	8	14	0.036	$ 125,278,878.06
BC8	Black Cat Syndicate	6	10	1	105	0.75	$ 82,220,186.92
WCN	White Cliff Min	6	0	-27	375	0.019	$ 9,826,731.58
BAR	Barra Resources	6	-5	-44	36	0.019	$ 13,552,162.02
ANX	Anax Metals	6	19	211	426	0.076	$ 26,263,791.75
RMS	Ramelius Resources	6	13	-11	52	1.82	$ 1,473,371,251.46
NCM	Newcrest Mining	5	15	-10	3	28.3	$ 23,407,176,778.88
VRC	Volt Resources	5	11	82	233	0.02	$ 47,606,562.02
CLA	Celsius Resource	5	-7	14	300	0.04	$ 35,208,723.24
ALK	Alkane Resources	5	2	-42	11	0.76	$ 455,472,432.00
AGG	AngloGold Ashanti	5	7	-20	-19	5.9	$ 526,325,813.50
GWR	GWR Group	5	19	82	343	0.31	$ 93,863,797.33
HMX	Hammer Metals	5	11	114	400	0.105	$ 82,509,547.12
IVR	Investigator Res	5	1	60	608	0.085	$ 115,183,354.81
MRR	Minrex Resources	5	-8	-39	83	0.022	$ 12,125,015.21
AQI	Alicanto Min	5	-21	-37	80	0.11	$ 34,326,333.41
CAZ	Cazaly Resources	4	12	0	114	0.047	$ 17,369,473.55
EMU	EMU NL	4	-9	-16	200	0.048	$ 20,815,552.42
NST	Northern Star	4	15	-30	-11	11.36	$ 13,402,857,818.88
BYH	Bryah Resources	4	24	22	152	0.073	$ 11,054,916.58
AME	Alto Metals Limited	4	36	-7	46	0.098	$ 45,251,103.37
SVY	Stavely Minerals	4	-8	-17	73	0.63	$ 164,405,714.76
PRS	Prospech Limited	4	-16	0	0	0.13	$ 8,777,779.52
PGD	Peregrine Gold	4				0.28	$ 7,941,043.83
RML	Resolution Minerals	4	12	-39	-78	0.028	$ 11,919,029.19
A1G	African Gold .	4	4	114	148	0.29	$ 25,496,196.32
GOR	Gold Road Res	4	7	-6	-18	1.31	$ 1,158,358,038.97
TRN	Torrens Mining	3	-9			0.15	$ 10,182,665.55
NVA	Nova Minerals	3	-6	-18	260	0.155	$ 250,491,997.05
WGX	Westgold Resources.	3	10	-18	13	2.34	$ 1,017,252,648.00
MKG	Mako Gold	3	-6	-15	114	0.094	$ 24,180,710.59
AOP	Apollo Consolidated	3	-8	-8	50	0.33	$ 95,244,794.70
TTM	Titan Minerals	3	-13	-26	69	0.1	$ 119,642,505.57
RRL	Regis Resources	3	-8	-41	-32	2.77	$ 1,985,550,388.95
BNR	Bulletin Res	3	-3	-6	80	0.072	$ 12,909,101.33
OKR	Okapi Resources	3	6	-8	54	0.185	$ 9,102,140.97
SLZ	Sultan Resources	3	-3	-30	171	0.19	$ 13,211,533.91
MGV	Musgrave Minerals	3	3	-28	230	0.38	$ 199,958,605.88
RXL	Rox Resources	3	-3	-33	63	0.039	$ 87,472,224.55
G88	Golden Mile Res	2	94	54	259	0.097	$ 12,928,704.50
ARL	Ardea Resources	2	1	8	121	0.53	$ 67,027,055.55
GSN	Great Southern	2	0	-38	19	0.057	$ 25,481,143.52
PRU	Perseus Mining	2	8	-1	23	1.3	$ 1,612,790,784.05
MZZ	Matador Mining	2	3	-22	117	0.325	$ 55,586,978.88
WMX	Wiluna Mining Corp	2	-6	-44	-3	1.02	$ 128,108,738.59
TRY	Troy Resources	1	3	-53	-9	0.071	$ 54,544,591.30
AAJ	Aruma Resources	1	28	-35	95	0.073	$ 7,629,186.74
MAU	Magnetic Resources	1	0	33	100	1.6	$ 345,874,203.20
STN	Saturn Metals	1	9	-43	19	0.415	$ 46,672,771.65
MML	Medusa Mining	1	2	-1	58	0.835	$ 170,456,106.82
SBM	St Barbara Limited	1	3	-28	-13	2.1	$ 1,522,251,146.35
SAU	Southern Gold	1	6	-22	-31	0.086	$ 18,772,930.53
MKR	Manuka Resources.	1	9	-17		0.435	$ 40,121,951.52
RSG	Resolute Mining	0	-21	-42	-39	0.51	$ 562,985,280.06
ADT	Adriatic Metals	0	9	7	99	2.23	$ 413,966,416.50
SLR	Silver Lake Resource	0	10	-22	-2	1.79	$ 1,595,651,320.15
AGC	AGC	0	-3			0.17	$ 11,513,638.28
SFM	Santa Fe Minerals	0	0	16	100	0.1	$ 7,281,878.90
FFR	Firefly Resources	0	-22	-27	431	0.105	$ 32,270,650.65
TRM	Truscott Mining Corp	0	0	5	320	0.021	$ 2,686,772.42
KZR	Kalamazoo Resources	0	-5	-32	-14	0.44	$ 58,054,230.96
SBR	Sabre Resources	0	20	-33	500	0.006	$ 10,098,381.89
GNM	Great Northern	0	0	-47	100	0.01	$ 9,521,276.44
ZAG	Zuleika Gold	0	0	-34	37	0.041	$ 16,813,828.29
ALY	Alchemy Resource	0	7	-30	49	0.016	$ 10,755,895.25
SMI	Santana Minerals	0	-7	-38	-38	0.13	$ 14,824,242.68
GSM	Golden State Mining	0	-7	-52	8	0.14	$ 11,584,770.12
THR	Thor Mining PLC	0	-6	-32	200	0.015	$ 7,543,343.91
FAU	First Au	0	-6	-43	129	0.016	$ 9,814,060.06
HWK	Hawkstone Mng	0	5	242	720	0.041	$ 67,071,625.59
FML	Focus Minerals	0	-8	-24	13	0.3	$ 54,824,569.50
ENR	Encounter Resources	0	3	-22	45	0.16	$ 50,490,192.48
MEG	Megado	0	-6			0.17	$ 6,935,795.66
DGO	DGO Gold Limited	0	11	-4	78	3.48	$ 257,431,118.00
DDD	3D Resources Limited	0	0	-24	202	0.005	$ 18,101,860.46
AGC	AGC	0	-3			0.17	$ 11,513,638.28
CBY	Canterbury Resources	0	-4	-21	38	0.11	$ 12,305,171.67
DCX	Discovex Res	0	0	17	75	0.007	$ 17,980,648.53
KGM	Kalnorth Gold	0	0	0	333	0.013	$ 11,625,120.78
KTA	Krakatoa Resources	0	-5	-32	100	0.06	$ 16,737,000.00
LNY	Laneway Res	0	20	-14	100	0.006	$ 22,650,395.60
MLS	Metals Australia	0	0	25	150	0.0025	$ 12,681,564.14
RVR	Red River Resources	0	-10	8	264	0.215	$ 113,910,360.74
TSO	Tesoro Resources	0	-17	-51	184	0.19	$ 94,909,562.85
NUS	Nusantara Resources	0	-2	-13	18	0.26	$ 59,610,981.82
M2R	Miramar	0	0	-43		0.235	$ 9,712,329.60
KAI	Kairos Minerals	0	19	-52	202	0.031	$ 51,969,668.64
BRB	Breaker Res NL	0	10	10	39	0.23	$ 78,201,822.96
GRL	Godolphin Resources	0	-3	-42	73	0.19	$ 15,980,980.18
MHC	Manhattan Corp	0	-22	-48	180	0.014	$ 21,367,901.70
BRV	Big River Gold	0	-6	-13	133	0.41	$ 92,115,687.30
CY5	Cygnus Gold Limited	0	-3	-11	416	0.16	$ 17,347,215.68
AQX	Alice Queen	0	-27	-39	6	0.019	$ 20,834,707.81
AUC	Ausgold Limited	0	-7	-11	257	0.05	$ 65,017,477.05
PAK	Pacific American Hld	0	5	5	60	0.022	$ 7,008,867.80
RMX	Red Mount Min	0	0	-27	175	0.011	$ 13,764,547.38
GML	Gateway Mining	0	4	40	155	0.028	$ 55,205,432.40
KSN	Kingston Resources	0	5	-23	76	0.22	$ 62,422,128.12
AAU	Antilles Gold	0	-15	136	215	0.085	$ 16,782,181.81
MTC	Metalstech	0	-29	-22	-31	0.125	$ 19,053,792.94
MTH	Mithril Resources	0	-5	-42	200	0.018	$ 42,304,194.74
ADV	Ardiden	0	-16	-60	300	0.016	$ 34,389,667.46
MCT	Metalicity Limited	0	-7	-41	275	0.013	$ 22,972,615.32
AVW	Avira Resources	0	17	-36	600	0.007	$ 9,625,280.00
AMI	Aurelia Metals	-1	18	-16	38	0.44	$ 549,275,303.63
TBR	Tribune Res	-1	1	-24	-8	5.37	$ 278,605,488.87
NXM	Nexus Minerals	-1	-3	-42	114	0.09	$ 21,241,195.38
RND	Rand Mining	-1	0	-31	-6	1.6	$ 96,237,560.00
MAT	Matsa Resources	-1	-3	-44	-22	0.078	$ 21,962,883.43
MEI	Meteoric Resources	-2	-16	-13	331	0.056	$ 73,628,326.18
CMM	Capricorn Metals	-2	17	0	43	1.78	$ 612,892,221.94
MM8	Medallion Metals.	-2	-9			0.25	$ 20,847,941.66
MVL	Marvel Gold Limited	-2	0	-32	106	0.05	$ 25,432,202.90
NES	Nelson Resources.	-2	-41	4	215	0.08	$ 11,928,801.74
WAF	West African Res	-2	16	-1	88	0.995	$ 896,293,593.13
MOH	Moho Resources	-3	-11	-32	-7	0.078	$ 7,935,439.20
PUR	Pursuit Minerals	-3	-6	450	1966	0.077	$ 70,452,629.52
REZ	Resourc & En Grp	-3	-16	-57	192	0.038	$ 16,403,869.98
NSM	Northstaw	-3	-12	-22		0.38	$ 15,200,000.00
TAM	Tanami Gold NL	-3	-11	-1	76	0.074	$ 85,782,084.36
SKY	SKY Metals	-3	0	-29	-43	0.16	$ 39,463,972.48
AUT	Auteco Minerals	-3	0	-32	179	0.092	$ 148,881,998.92
YRL	Yandal Resources	-3	3	-26	164	0.455	$ 42,669,313.05
TIN	Tnt Mines Limited	-3	-14	-32	213	0.15	$ 14,945,596.00
NMR	Native Mineral Res	-3	-13			0.28	$ 7,779,645.00
NML	Navarre Minerals	-3	-13	-38	33	0.14	$ 76,473,901.14
IDA	Indiana Resources	-4	1	30	336	0.078	$ 22,961,919.40
CWX	Carawine Resources	-4	-9	-25	21	0.255	$ 27,766,925.01
PUA	Peak Minerals	-4	0	-27	175	0.024	$ 14,138,161.00
HRZ	Horizon	-4	14	0	45	0.12	$ 68,157,024.00
CAI	Calidus Resources	-4	-7	-42	54	0.41	$ 162,065,255.11
GBZ	GBM Rsources	-4	21	-38	77	0.115	$ 47,631,986.60
PRX	Prodigy Gold NL	-4	-2	-4	33	0.044	$ 25,547,614.66
AZS	Azure Minerals	-4	-12	-23	311	0.325	$ 98,587,430.72
MEU	Marmota Limited	-4	0	-14	16	0.043	$ 42,615,482.36
AXE	Archer Materials	-4	-15	68	431	0.85	$ 194,391,429.56
BAT	Battery Minerals	-5	-20	-23	233	0.02	$ 38,784,197.28
TIE	Tietto Minerals	-5	-21	-47	20	0.295	$ 134,279,709.52
LCY	Legacy Iron Ore	-5	19	138	1800	0.019	$ 121,690,031.82
CXU	Cauldron Energy	-5	-5	-3	73	0.038	$ 17,175,981.46
CGN	Crater Gold Min	-5	-10	58	138	0.019	$ 22,094,925.61
ARV	Artemis Resources	-5	7	-41	238	0.088	$ 97,761,731.26
OBM	Ora Banda Mining	-6	-6	-28	24	0.24	$ 202,133,269.68
CST	Castile Resources	-6	9	-44	140	0.24	$ 48,928,979.65
KCN	Kingsgate Consolid.	-6	1	0	105	0.87	$ 199,078,827.20
SNG	Siren Gold	-6	9	-20		0.38	$ 22,679,033.08
LEX	Lefroy Exploration	-7	70	425	688	1.26	$ 154,812,470.43
AMG	Ausmex Mining Gp	-7	4	13	30	0.052	$ 28,269,084.73
MSR	Manas Res	-7	8	-7	160	0.0065	$ 17,941,778.39
RDN	Raiden Resources	-7	9	-47	400	0.025	$ 29,095,276.34
CHZ	Chesser Resources	-7	-24	-48	108	0.125	$ 58,695,276.25
DTM	Dart Mining NL	-7	-26	-38	144	0.125	$ 11,993,457.12
AWJ	Auric Mining	-8	12			0.185	$ 7,491,175.03
DRE	Drednought Resources	-8	-3	-38	270	0.0185	$ 43,929,253.94
KWR	Kingwest Resources	-8	-14	-43	-15	0.12	$ 20,565,898.88
LCL	Los Cerros Limited	-8	14	-8	302	0.165	$ 77,756,423.25
OAU	Ora Gold Limited	-8	-12	-4	16	0.022	$ 19,339,440.11
TMZ	Thomson Res	-9	-22	27	651	0.105	$ 52,269,108.97
NWM	Norwest Minerals	-9	-14	-39	-54	0.073	$ 8,054,173.25
SI6	SI6 Metals Limited	-9	-14	29	675	0.0155	$ 20,895,191.46
WWI	West Wits Mining	-9	9	28	583	0.082	$ 114,886,625.21
TSC	Twenty Seven Co.	-9	-23	-38	0	0.005	$ 11,707,034.07
WRM	White Rock Min	-9	-7	-1	53	0.535	$ 39,989,006.20
IPT	Impact Minerals	-10	-27	-14	138	0.019	$ 32,055,955.94
OZM	Ozaurum Resources	-11	6			0.17	$ 8,843,400.00
PF1	Pathfinder Resources	-11	4			0.245	$ 12,431,047.50
HRN	Horizon Gold	-11	-17	-10	141	0.39	$ 41,609,886.24
AWV	Anova Metals	-12	-15	-29	175	0.022	$ 32,961,166.60
GIB	Gibb River Diamonds	-12	-22	-47	164	0.066	$ 13,959,623.37
XAM	Xanadu Mines	-12	-12	48	117	0.065	$ 79,704,431.11
DTR	Dateline Resources	-13	17	40	75	0.0035	$ 35,324,312.30
VKA	Viking Mines	-13	-17	102	477	0.035	$ 32,765,303.52
ADN	Andromeda Metals	-13	-35	78	532	0.25	$ 496,967,400.21
M24	Mamba Exploration	-13	-24			0.235	$ 8,880,000.00
HCH	Hot Chili	-13	-13	-17	91	0.04	$ 123,101,106.60
STK	Strickland Metals	-13	1	-82	79	0.02	$ 8,423,030.42
GUL	Gullewa Limited	-13	7	-30	67	0.08	$ 14,589,848.00
VAN	Vango Mining	-13	-14	-27	-44	0.073	$ 75,431,469.47
ARN	Aldoro Resources	-14	77	284	192	0.38	$ 23,828,281.05
GTR	Gti Resources	-15	-12	-4	267	0.022	$ 13,534,877.96
NAG	Nagambie Resources	-16	16	20	67	0.072	$ 35,995,128.91
TMX	Terrain Minerals	-17	-9	-23	150	0.01	$ 8,093,371.10
E2M	E2 Metals	-19	-13	32	282	0.29	$ 47,299,897.89
PNM	Pacific Nickel Mines	-22	-8	-36	-53	0.047	$ 9,706,441.69
MDI	Middle Island Res	-43	-49	-65	-51	0.135	$ 16,523,425.31

SMALL CAP STANDOUTS

Talisman Mining (ASX:TLM) has uncovered a 650m long gold-in-soil anomaly at the ‘Cumbine’ prospect, part of the Lachlan copper-gold project in NSW.

The explorer is now planning to punch 12 drill holes into this completely untested target by the end of the current quarter.

NewPeak Metals (ASX:NPM) is edging closer to paydirt at the “potentially massive” Cachi gold project in Argentina.

New assays include a highlight 27.25m at 67.1g/t silver and 0.81g/t gold, ~25m from surface.

“The Cachi Gold Project points to being a potentially massive epithermal precious metals system,” NewPeak managing director David Mason says.

“The results garnered so far, plus the size of the project, provides a robust basis for the company to continue its focus at Cachi, and we have confirmed with the vendor to move to the next phase of the earn-in arrangement.”

A series of ‘Hemi-style’ intrusive gold targets identified in the Pilbara will soon be tested by explorer New Age Exploration (ASX:NAE).

Drilling will consist of up to 40 holes for a total of around 2800m.

In the ground, NAE has identified several discrete, circular magnetic anomalies with characteristics similar to the Hemi magnetic signature – these will be the focus of the campaign.

And high flying explorer Peako (ASX:PKO) is prepping a +6,000m aircore drilling campaign at its flagship East Kimberly project.

The focus will be “29 priority targets within 9 prospect areas encompassing multiple styles of mineralisation”, the company says.

Deeper RC drilling is planned for later in the field season to test new and existing high priority targets.

SMALL CAP SHOCKERS

Middle Island (ASX:MDI) says the economics of a standalone operation at its Sandstone gold project in WA is “marginal” at $2,500/oz. Ouch.

E2 Metals (ASX:E2M) is on a slow decline after a “genuine new greenfields discovery” at the Conserrat project in Argentina sparked a rerate in October last year.

The highlight result was an incredible 18m at 47g/t gold and 208g/t silver. Follow up results, while good, have been far less spectacular.