It’s harder to pick a losing gold stock in 2020. In February, 19 per cent of ASX gold stocks on our list had gained 100 per cent or more over the previous 12 months.

In June, that number had increased to 27 per cent. By July it was 40 per cent.

That statistic has stayed reasonably steady since – despite some recent gold price volatility — with ~41 per cent of the 218 stocks now on our list making gains of 100 per cent over the last year.

The average gain for the 218 stocks on our list is a very impressive 160 per cent (In early October it was 112 per cent).

That includes two 20-baggers, De Grey (ASX:DEG) and Chalice Gold (ASX:CHN), and four 10 baggers; West Wits Mining (ASX:WWI), Metalstech (ASX:MTC), Auteco Minerals (ASX:AUT), and Surefire Resources (ASX:SRN).

Congrats to punters who picked those winners early on.

And this is all on a gold bull run still in its nascent stages.

Analysts at Goldman Sachs now say prices  — treading water at ~$US1900/oz as vaccine news pushes investors into riskier assets – will surge another 22 per cent to $US2300/oz in 2021.

Winners & Losers

Here’s how ASX-listed gold stocks performed November 16 – November 20 [intraday].

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

CODE COMPANY % WEEK CHANGE % YEAR CHANGE PRICE MARKET CAP
ADN Andromeda Metals 62 556 0.315 $ 631,392,145.28
GML Gateway Mining 50 50 0.027 $ 34,238,088.65
NPM Newpeak Metals 33 14 0.004 $ 14,004,487.53
MTC Metalstech 32 1364 0.205 $ 29,313,527.60
ARN Aldoro Resources 31 17 0.17 $ 11,284,736.51
SFM Santa Fe Minerals 29 63 0.135 $ 8,738,254.68
AZS Azure Minerals 25 641 0.815 $ 203,065,835.20
GBR Great Boulder Resources 21 10 0.057 $ 10,719,406.89
AAU Antilles Gold 20 128 0.066 $ 12,684,207.19
TNR Torian Resources 20 213 0.036 $ 26,998,639.75
NVA Nova Minerals 19 481 0.215 $ 332,479,705.53
MHC Manhattan Corp 19 675 0.031 $ 42,440,918.18
MSR Manas Resources 17 133 0.007 $ 18,502,137.42
MCT Metalicity 17 385 0.021 $ 33,007,446.27
HRN Horizon Gold 15 70 0.415 $ 35,558,492.54
CLA Celsius Resources 15 192 0.038 $ 28,087,850.92
STK Strickland Metals 15 475 0.115 $ 50,412,182.52
SNG Siren Gold 13 0 0.55 $ 32,502,076.75
CHN Chalice Gold Mines 13 2124 3.67 $ 1,124,230,270.80
VRC Volt Resources 11 -16 0.01 $ 21,173,735.55
AL8 Alderan Resources 10 233 0.11 $ 26,181,364.10
AUT Auteco Minerals 10 1275 0.11 $ 172,389,682.96
SBR Sabre Resources 10 214 0.011 $ 12,506,462.58
ANX Anax Metals 10 360 0.046 $ 12,487,789.17
MKG Mako Gold 9 28 0.105 $ 26,927,118.33
MRZ Mont Royal Resources 9 22 0.305 $ 10,567,817.60
PRX Prodigy Gold 9 -35 0.051 $ 29,031,380.30
KTA Krakatoa Resources 8 81 0.078 $ 22,076,000.00
MAT Matsa Resources 8 0 0.13 $ 33,893,338.63
ONX Orminex 8 -69 0.026 $ 12,938,452.03
AAJ Aruma Resources 8 133 0.007 $ 9,536,483.42
CTO Citigold Corp 8 211 0.014 $ 36,759,424.93
BBX BBX Minerals 8 97 0.355 $ 151,145,401.02
RMX Red Mountain Mining 7 150 0.015 $ 15,838,514.85
GED Golden Deeps 7 -29 0.015 $ 9,174,741.88
GSM Golden State Mining 7 308 0.245 $ 13,026,326.00
WCN White Cliff Minerals 6 500 0.033 $ 16,532,946.53
GNM Great Northern 6 89 0.017 $ 16,247,816.03
BCN Beacon Minerals 5 18 0.039 $ 111,804,838.98
SVY Stavely Minerals 5 -21 0.91 $ 234,865,306.80
MVL Marvel Gold 5 -45 0.062 $ 31,027,287.54
CAZ Cazaly Resources 4 81 0.047 $ 15,837,447.02
SLZ Sultan Resources 4 269 0.24 $ 15,992,909.47
TLM Talisman Mining 4 28 0.12 $ 21,462,264.28
DRE Dreadnought Resources 4 225 0.026 $ 56,296,186.03
AQI Alicanto Minerals 4 133 0.14 $ 40,710,724.03
E2M E2 Metals 4 378 0.86 $ 109,435,654.38
MEI Meteoric Resources 4 5 0.059 $ 73,172,646.41
AQX Alice Queen 3 -17 0.03 $ 33,832,270.64
SRN Surefire Resources 3 1220 0.033 $ 19,472,762.84
DCN Dacian Gold 3 -59 0.36 $ 200,343,079.44
BRB Breaker Resources 3 -41 0.19 $ 60,280,571.87
DEG De Grey Mining 3 2131 1.16 $ 1,534,098,073.20
BDC Bardoc Gold 3 -18 0.076 $ 135,010,775.33
CHZ Chesser Resources 2 245 0.245 $ 104,326,235.97
CYL Catalyst Metals 2 6 2.64 $ 224,345,187.62
HXG Hexagon Energy 2 -17 0.06 $ 16,961,137.03
FML Focus Minerals 1 41 0.38 $ 69,444,454.70
GSN Great Southern 1 24 0.083 $ 35,357,485.70
AXE Archer Materials 1 308 0.53 $ 125,908,465.76
MAU Magnetic Resources 1 128 1.15 $ 248,482,083.55
STN Saturn Metals 1 114 0.75 $ 74,840,511.90
XTC Xantippe Resources 0 50 0.003 $ 12,223,693.21
AYM Australia United 0 800 0.009 $ 16,583,197.37
ANL Amani Gold 0 -60 0.001 $ 9,386,996.75
MLS Metals Australia 0 100 0.002 $ 8,381,807.15
CST Castile Resources 0 0 0.28 $ 55,918,833.88
DTR Dateline Resources 0 0 0.002 $ 16,420,156.15
HWK Hawkstone Mining 0 57 0.011 $ 16,627,307.86
MOH Moho Resources 0 120 0.11 $ 8,618,851.64
GTR GTI Resources 0 111 0.019 $ 12,840,359.96
AVW Avira Resources 0 350 0.009 $ 12,375,360.00
RDN Raiden Resources 0 450 0.033 $ 19,614,477.86
NWM Norwest Minerals 0 -38 0.105 $ 8,391,711.20
AGS Alliance Resources 0 53 0.18 $ 32,094,014.40
RVR Red River Resources 0 77 0.27 $ 144,976,822.76
CDT Castle Minerals 0 33 0.012 $ 7,590,009.82
CY5 Cygnus Gold 0 491 0.195 $ 21,614,019.60
DCX Discovex Resources 0 -14 0.006 $ 7,176,984.46
KAU Kaiser Reef 0 0 0.41 $ 10,957,250.41
KGM Kalnorth Gold 0 117 0.013 $ 11,625,120.78
LNY Laneway Resources 0 17 0.007 $ 26,425,461.53
MDI Middle Island Resources 0 133 0.014 $ 38,813,333.68
SI6 Six Sigma Metals 0 150 0.01 $ 11,092,666.71
TMX Terrain Minerals 0 333 0.013 $ 9,401,093.12
TSC Twenty Seven Co. 0 17 0.007 $ 12,655,307.64
MML Medusa Mining 0 11 0.785 $ 160,001,611.77
RED Red 5 0 -14 0.255 $ 522,203,965.27
GMN Gold Mountain 0 -35 0.044 $ 32,057,146.62
GWR GWR Group 0 74 0.165 $ 45,049,876.08
GIB Gibb River Diamonds 0 456 0.15 $ 30,901,416.75
GBZ GBM Resources 0 358 0.17 $ 68,450,587.38
PRU Perseus Mining 0 35 1.2 $ 1,459,007,675.30
WWI West Wits Mining 0 1520 0.081 $ 97,616,103.24
VKA Viking Mines 0 100 0.02 $ 6,274,357.12
OAU Ora Gold 0 20 0.024 $ 20,180,285.33
AAR Anglo Australian 0 60 0.15 $ 88,999,199.52
GMR Golden Rim Resources 0 8 0.013 $ 21,496,102.45
PUR Pursuit Minerals 0 88 0.014 $ 9,208,568.23
SSR SSR Mining 0 0 25.06 $ 411,730,342.40
SAR Saracen 0 57 5.23 $ 5,804,017,450.32
CMM Capricorn Metals 0 65 1.7 $ 574,437,927.69
NST Northern Star -1 50 14.01 $ 10,477,205,126.22
EMR Emerald Resources -1 51 0.59 $ 304,084,352.13
CAI Calidus Resources -1 154 0.585 $ 150,741,682.00
BGL Bellevue Gold -1 179 1.29 $ 1,105,256,714.90
ERM Emmerson Resources -1 -35 0.078 $ 38,628,309.92
TAM Tanami Gold -1 108 0.075 $ 88,132,278.45
SLR Silver Lake Resources -2 80 1.89 $ 1,652,266,914.38
NUS Nusantara Resources -2 -8 0.28 $ 60,585,099.36
RXL Rox Resources -2 141 0.53 $ 110,474,737.00
CDV Cardinal Resources -2 201 1.01 $ 543,249,315.09
TMZ Thomson Resources -2 261 0.098 $ 17,531,474.94
RMS Ramelius Resources -2 69 1.81 $ 1,480,501,596.78
NSM North Stawell -2 0 0.45 $ 17,400,000.00
LEX Lefroy Exploration -2 5 0.215 $ 27,261,535.68
AMG Ausmex Mining -2 -53 0.042 $ 22,997,869.02
SMI Santana Minerals -2 -2 0.205 $ 22,524,509.40
FFR Firefly Resources -2 289 0.2 $ 59,957,906.40
SBM St Barbara -2 2 2.59 $ 1,819,821,526.98
TIE Tietto Minerals -3 35 0.385 $ 167,169,868.72
VAN Vango Mining -3 -54 0.074 $ 69,551,492.78
BYH Bryah Resources -3 69 0.071 $ 9,890,538.00
EVN Evolution Mining -3 39 5.47 $ 9,448,631,217.20
NES Nelson Resources -3 32 0.067 $ 7,691,743.51
NXM Nexus Minerals -3 275 0.165 $ 30,936,267.36
PDI Predictive Discovery -3 724 0.065 $ 65,305,500.85
ARL Ardea Resources -3 -22 0.48 $ 58,728,467.72
NCM Newcrest Mining -3 -10 28.1 $ 23,116,715,477.54
WGX Westgold Resources -3 16 2.36 $ 1,004,536,989.90
MKR Manuka Resources -3 0 0.44 $ 32,608,071.90
MAR Malachite Resources -3 -42 0.058 $ 8,037,326.10
BC8 Black Cat Syndicate -3 81 0.715 $ 80,546,496.91
AWV Anova Metals -3 218 0.028 $ 40,126,637.60
S2R S2 Resources -4 130 0.265 $ 83,446,162.44
BRV Big River Gold -4 206 0.052 $ 68,283,793.05
VMC Venus Metals -4 20 0.24 $ 36,258,883.92
DGO DGO Gold -4 216 3.1 $ 222,048,191.16
WAF West African Resources -4 115 0.935 $ 821,495,479.59
HRZ Horizon -4 15 0.115 $ 62,477,272.00
RRL Regis Resources -4 -17 3.83 $ 1,979,476,435.53
RGL Riversgold -4 340 0.044 $ 17,412,896.20
CBY Canterbury Resources -4 -52 0.11 $ 9,560,282.82
MEU Marmota -4 83 0.044 $ 42,615,482.36
RSG Resolute Mining -4 -30 0.77 $ 861,036,310.68
TTM Titan Minerals -4 -39 0.11 $ 128,245,345.57
TSO Tesoro Resources -4 699 0.325 $ 134,662,499.52
TRY Troy Resources -5 -5 0.105 $ 71,742,249.26
RML Resolution Minerals -5 -32 0.041 $ 11,458,370.78
KAI Kairos Minerals -5 308 0.04 $ 65,339,608.46
HMX Hammer Metals -5 90 0.04 $ 28,284,128.23
CWX Carawine Resources -5 21 0.29 $ 27,917,972.59
OKR Okapi Resources -5 19 0.19 $ 6,848,144.54
ALY Alchemy Resource -5 50 0.019 $ 12,772,625.61
GOR Gold Road Resources -5 13 1.27 $ 1,117,504,429.96
KRM Kingsrose Mining -6 0 0.034 $ 25,550,257.32
BAR Barra Resources -6 48 0.034 $ 24,393,891.64
TBR Tribune Resources -6 -7 6.46 $ 336,320,373.57
ALK Alkane Resources -6 55 0.965 $ 595,388,800.00
SPQ Superior Resources -6 184 0.016 $ 20,245,369.39
NAG Nagambie Resources -6 -18 0.047 $ 23,496,820.26
AGG AngloGold Ashanti -6 5 6.16 $ 557,548,531.25
A1G African Gold -6 -19 0.15 $ 5,022,647.04
AOP Apollo Consolidated -6 36 0.3 $ 83,419,632.90
OKU Oklo Resources -6 76 0.22 $ 110,783,892.12
WMX Wiluna Mining -6 30 1.69 $ 174,819,479.10
DAU Dampier Gold -6 241 0.058 $ 17,667,553.48
AUC Ausgold -7 338 0.057 $ 71,519,224.76
EMU EMU -7 17 0.056 $ 19,442,798.98
M2R Miramar -7 0 0.34 $ 14,357,356.80
RDS Redstone Resources -7 44 0.013 $ 6,794,190.21
NAE New Age Exploration -7 333 0.13 $ 14,440,145.33
CEL Challenger Exploration -7 171 0.19 $ 104,131,012.40
KSN Kingston Resources -7 79 0.25 $ 56,484,852.41
NML Navarre Minerals -7 138 0.25 $ 124,761,694.73
OBM Ora Banda Mining -8 78 0.3 $ 260,650,407.15
DTM Dart Mining -8 76 0.17 $ 16,990,730.92
AME Alto Metals -8 224 0.11 $ 44,005,780.83
G88 Golden Mile Resources -8 0 0.054 $ 6,642,989.71
GUL Gullewa -9 275 0.105 $ 16,610,275.50
CXU Cauldron Energy -9 122 0.04 $ 17,919,980.48
HAW Hawthorn Resources -9 104 0.1 $ 36,686,717.43
PNR Pantoro Limited -10 31 0.19 $ 274,637,654.46
REZ Resources & Energy Group -10 83 0.064 $ 28,490,932.07
KWR Kingwest Resources -10 -28 0.175 $ 26,896,425.15
MTH Mithril Resources -10 333 0.026 $ 56,351,028.94
ZNC Zenith Minerals -10 136 0.13 $ 36,795,003.75
GRL Godolphin Resources -11 0 0.255 $ 20,280,047.24
BNR Bulletin Resources -11 257 0.075 $ 13,446,980.55
SKY SKY Metals -11 150 0.205 $ 51,796,463.88
RND Rand Mining -11 -19 2.11 $ 120,898,434.75
SVL Silver Mines -11 110 195 $ 215,574,173.22
PUA Peak Minerals -12 38 0.023 $ 12,597,109.11
KZR Kalamazoo Resources -12 102 0.56 $ 78,564,860.40
KCN Kingsgate Consolidated -12 76 0.67 $ 157,227,028.30
SAU Southern Gold -12 -53 0.11 $ 23,466,163.16
AMI Aurelia Metals -12 2 0.43 $ 375,813,032.71
LCY Legacy Iron Ore -13 218 0.007 $ 43,730,669.62
MEG Megado -13 0 0.175 $ 7,653,233.06
ENR Encounter Resources -13 13 0.175 $ 53,181,908.35
MZZ Matador Mining -13 52 0.35 $ 60,369,971.95
THR Thor Mining -13 233 0.02 $ 8,300,635.70
LCL Los Cerros -13 30 0.13 $ 60,908,837.86
SIH Sihayo Gold -14 16 0.019 $ 67,678,315.38
ARV Artemis Resources -14 331 0.125 $ 125,044,074.87
FFX Firefinch -14 87 0.14 $ 109,467,015.14
BAT Battery Minerals -14 243 0.024 $ 40,421,474.18
MGV Musgrave Minerals -14 442 0.385 $ 187,542,952.58
ADV Ardiden -15 667 0.23 $ 44,584,299.56
TAR Taruga Minerals -15 254 0.046 $ 23,774,478.31
PAK Pacific American -15 -24 0.023 $ 7,550,037.60
FAU First Au -15 109 0.023 $ 11,837,861.99
PKO Peako -17 41 0.025 $ 4,735,177.93
TRM Truscott Mining Corp -17 150 0.02 $ 2,558,830.88
DDD 3D Resources -17 150 0.005 $ 18,076,860.46
YRL Yandal Resources -18 87 0.47 $ 36,686,636.78
CGN Crater Gold Mines -55 47 0.022 $ 24,549,917.34

 

SMALL CAP STANDOUTS

Gateway Mining (ASX:GML) made a “breakthrough”  high-grade discovery at its Gidgee project in WA, with one hole hitting a remarkable 10 metres at 9.2 grams per tonne gold.

The hole was part of a reverse circulation drilling campaign designed to test for gold between Gateway’s cornerstone +240,000oz Whistler and Montague-Boulder deposits at Gidgee.

The new mineralised structure labelled the ‘Lower Zone’ remains open in all directions.

“We consider this to be a major exploration breakthrough for the Gidgee project,” Gateway managing director Peter Langworthy says.

“The quality of these intersections in terms of grade and thickness provide a clear demonstration that we are working on a very significant gold system along the margin of the Montague granodiorite.

“This is an area with considerable scale potential over a strike length of up to 2km, which already includes the existing resources at Montague and Whistler.”

Ten-bagger MetalsTech (ASX:MTC) hit an incredible 90m-long mineralised zone grading 3.88g/t gold and 13.9g/t silver at the Sturec project in Slovakia.

This includes grades up to 89.1g/t.

The company says this intercept – announced on Monday — is not ‘true thickness’ because of the way the hole was drilled.

Still a good hit, especially if you take into account this was 150m away from the existing 1.1moz resource.

And Cuba-focussed explorer Antilles Gold (ASX:AAU) – formerly PanTerra — launched a new website, sending the stock up 20 per cent for some reason.

Very nice.

Stockhead  updates our list of ASX gold stocks to be as accurate as possible for investors. If you spot companies that should be added (or removed) please let us know at: reuben@stockhead.com.au