Pic: Getty
Gold Digger: The froth (and more) has been knocked off the ASX gold sector
Mining
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Gold – seen as a hedge against broader market volatility — is at five-month lows after vaccine hopes and the prospects of a smooth Biden transition improved risk appetite.
Precious metals stocks have followed.
For gold bugs, it looks something like this:
Which isn’t the end of the world if you believe the consensus view — that gold prices are going to leg up again pretty soon — and as see it as an opportunity to buy the dip.
ANZ analysts, the legendary Rick Rule, Metals Focus … they all stress that longer-term drivers for the gold price, like low interest rates and a weak US dollar, are still very much in place.
Keep the faith.
This week 50 ASX gold stocks went up, 142 went down, and 25 didn’t move.
It’s been a tough month, with 158 – or 72 per cent – of the stocks on our list in the red.
Winners & Losers
Here’s how ASX-listed gold stocks performed November 23 – November 27 [intraday].
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:
| CODE | COMPANY | 1 WEEK CHANGE % | 1 MONTH CHANGE % | 6 MONTH CHANGE % | 1 YEAR CHANGE % | PRICE [INTRADAY FRI] | MARKET CAP |
|---|---|---|---|---|---|---|---|
| E2M | E2 Metals | -10 | 229 | 393 | 317 | 0.75 | $ 112,992,096.53 |
| ANX | Anax Metals | 60 | 182 | 107 | 548 | 0.072 | $ 17,760,411.26 |
| AZS | Azure Minerals | 8 | 147 | 868 | 683 | 0.9 | $ 200,319,945.94 |
| ADN | Andromeda Metals | -16 | 86 | 286 | 575 | 0.27 | $ 614,466,031.80 |
| CGN | Crater Gold Mines | 10 | 83 | 175 | 47 | 0.022 | $ 25,777,413.21 |
| GIB | Gibb River Diamonds | -7 | 53 | 107 | 460 | 0.14 | $ 28,841,322.30 |
| AAU | Antilles Gold | -12 | 46 | 21 | 90 | 0.057 | $ 11,123,073.99 |
| ARN | Aldoro Resources | -15 | 45 | -6 | -9 | 0.145 | $ 10,289,024.47 |
| MTC | Metalstech | 8 | 43 | 39 | 367 | 0.215 | $ 32,977,718.55 |
| SMI | Santana Minerals | -9 | 33 | 300 | -7 | 0.195 | $ 19,905,380.40 |
| SKY | SKY Metals | -7 | 32 | 0 | 86 | 0.195 | $ 50,563,214.74 |
| RVR | Red River Resources | -5 | 29 | 327 | 77 | 0.265 | $ 134,621,335.42 |
| CHN | Chalice Gold Mines | 1 | 28 | 253 | 2274 | 3.68 | $ 1,192,178,254.20 |
| PRX | Prodigy Gold | 12 | 28 | 7 | -29 | 0.056 | $ 30,192,635.51 |
| SVY | Stavely Minerals | -2 | 26 | 39 | -20 | 0.885 | $ 225,731,655.98 |
| VKA | Viking Mines | 30 | 24 | 225 | 160 | 0.026 | $ 7,529,228.54 |
| CLA | Celsius Resources | 14 | 17 | 215 | 193 | 0.041 | $ 30,428,505.16 |
| BYH | Bryah Resources | -8 | 17 | 30 | 53 | 0.069 | $ 9,231,168.80 |
| NPM | Newpeak Metals | 14 | 14 | 60 | 33 | 0.004 | $ 16,338,568.78 |
| SAR | Saracen Mineral Holdings | -8 | 14 | 81 | 60 | 4.85 | $ 5,372,039,052.30 |
| SAU | Southern Gold | -11 | 14 | 213 | -52 | 0.098 | $ 22,399,519.38 |
| HXG | Hexagon Energy | 7 | 13 | -9 | -14 | 0.062 | $ 17,546,003.82 |
| GRL | Godolphin Resources | -4 | 12 | 180 | 0 | 0.245 | $ 19,940,913.50 |
| HAW | Hawthorn Resources | -5 | 11 | -4 | 118 | 0.105 | $ 33,351,561.30 |
| TNR | Torian Resources | -3 | 10 | 11 | 153 | 0.034 | $ 24,684,470.62 |
| ERM | Emmerson Resources | -6 | 9 | 43 | -38 | 0.075 | $ 37,179,748.30 |
| AXE | Archer Materials | -4 | 9 | -25 | 312 | 0.535 | $ 116,915,003.92 |
| KSN | Kingston Resources | 20 | 9 | 62 | 103 | 0.295 | $ 65,706,869.13 |
| MKG | Mako Gold | 10 | 9 | 97 | 44 | 0.115 | $ 28,209,362.06 |
| FFR | Firefly Resources | -3 | 9 | 566 | 327 | 0.195 | $ 50,964,220.44 |
| ONX | Orminex | 8 | 8 | -50 | -71 | 0.026 | $ 12,938,452.03 |
| CY5 | Cygnus Gold | -3 | 8 | 255 | 427 | 0.195 | $ 21,073,669.11 |
| CDV | Cardinal Resources | 6 | 6 | 159 | 277 | 1.08 | $ 575,521,551.63 |
| A1G | African Gold | 13 | 6 | 100 | 6 | 0.18 | $ 4,708,731.60 |
| KRM | Kingsrose Mining | 0 | 6 | -10 | 13 | 0.035 | $ 26,280,264.67 |
| GOR | Gold Road Resources | -2 | 5 | -20 | 17 | 1.25 | $ 1,073,508,192.56 |
| OAU | Ora Gold | 4 | 4 | 25 | 25 | 0.025 | $ 21,021,130.55 |
| NXM | Nexus Minerals | -13 | 4 | 169 | 218 | 0.14 | $ 34,415,992.30 |
| MEI | Meteoric Resources | 17 | 3 | 229 | 33 | 0.069 | $ 84,334,575.53 |
| BGL | Bellevue Gold | -4 | 3 | 68 | 167 | 1.24 | $ 1,071,248,815.98 |
| BCN | Beacon Minerals | -5 | 3 | -3 | 9 | 0.037 | $ 106,071,861.81 |
| CYL | Catalyst Metals | -6 | 0 | -13 | -3 | 2.53 | $ 204,329,260.10 |
| ANL | Amani Gold | 50 | 0 | -25 | -25 | 0.0015 | $ 14,080,495.12 |
| DCX | Discovex Resources | 30 | 0 | 8 | -7 | 0.0065 | $ 7,176,984.46 |
| TLM | Talisman Mining | 4 | 0 | 30 | 30 | 0.12 | $ 22,395,406.20 |
| S2R | S2 Resources | 4 | 0 | 135 | 139 | 0.275 | $ 88,169,530.12 |
| ARL | Ardea Resources | 0 | 0 | 46 | -25 | 0.46 | $ 58,728,467.72 |
| AAJ | Aruma Resources | 0 | 0 | 100 | 75 | 0.007 | $ 11,125,897.33 |
| BNR | Bulletin Resources | 0 | 0 | 23 | 257 | 0.075 | $ 13,446,980.55 |
| HRZ | Horizon | 0 | 0 | -8 | 10 | 0.011 | $ 59,637,396.00 |
| KAU | Kaiser Reef | 0 | 0 | 17 | 0 | 0.41 | $ 10,957,250.41 |
| KGM | Kalnorth Gold | 0 | 0 | 63 | 225 | 0.013 | $ 11,625,120.78 |
| MLS | Metals Australia | 0 | 0 | 100 | 33 | 0.002 | $ 8,381,807.15 |
| PUR | Pursuit Minerals | 0 | 0 | 179 | 74 | 0.013 | $ 9,916,919.63 |
| BAT | Battery Minerals | -4 | 0 | 72 | 267 | 0.022 | $ 42,156,563.38 |
| GBZ | GBM Resources | -12 | 0 | 154 | 223 | 0.15 | $ 58,384,324.53 |
| MHC | Manhattan Corp | -13 | 0 | 115 | 460 | 0.028 | $ 37,135,803.40 |
| GSN | Great Southern | -14 | 0 | 55 | -8 | 0.073 | $ 30,781,811.08 |
| MSR | Manas Resources | -14 | 0 | 50 | 100 | 0.006 | $ 16,561,641.59 |
| PDI | Predictive Discovery | -11 | -2 | -39 | 553 | 0.058 | $ 58,272,600.75 |
| CAZ | Cazaly Resources | 0 | -2 | 59 | 96 | 0.045 | $ 16,231,197.02 |
| SI6 | Six Sigma Metals | 25 | -2 | 60 | 213 | 0.0125 | $ 9,983,400.04 |
| PNR | Pantoro | 0 | -3 | -7 | 34 | 0.195 | $ 288,721,636.74 |
| NVA | Nova Minerals | -14 | -3 | 246 | 414 | 0.185 | $ 293,819,274.65 |
| BRV | Big River Gold | 8 | -4 | 83 | 244 | 0.055 | $ 72,300,486.76 |
| AWV | Anova Metals | -4 | -4 | 35 | 207 | 0.027 | $ 38,693,543.40 |
| WAF | West African Resources | -3 | -4 | 15 | 121 | 0.905 | $ 751,207,096.31 |
| CMM | Capricorn Metals | -1 | -4 | 6 | 64 | 1.65 | $ 565,838,557.52 |
| SLR | Silver Lake Resources | -5 | -4 | 93 | 69 | 1.78 | $ 1,542,115,786.75 |
| RSG | Resolute Mining | 2 | -4 | -31 | -28 | 0.79 | $ 877,594,701.27 |
| AME | Alto Metals | -5 | -5 | 69 | 200 | 0.105 | $ 39,605,202.75 |
| DTM | Dart Mining | 6 | -5 | 118 | 86 | 0.18 | $ 17,990,185.68 |
| RML | Resolution Minerals | -2 | -5 | -39 | -33 | 0.04 | $ 11,458,370.78 |
| TRM | Truscott Mining | -5 | -5 | 46 | 138 | 0.019 | $ 2,558,830.88 |
| MCT | Metalicity | -5 | -5 | 157 | 419 | 0.018 | $ 29,532,978.24 |
| CHZ | Chesser Resources | -12 | -6 | 165 | 221 | 0.225 | $ 92,052,561.15 |
| OBM | Ora Banda Mining | -5 | -6 | 17 | 86 | 0.295 | $ 248,038,290.68 |
| MML | Medusa Mining | -5 | -6 | 4 | 7 | 0.73 | $ 153,767,782.74 |
| TAM | Tanami Gold | -4 | -6 | 41 | 92 | 0.072 | $ 84,606,987.31 |
| FML | Focus Minerals | -5 | -6 | 44 | 33 | 0.36 | $ 66,703,226.23 |
| RDS | Redstone Resources | 8 | -7 | 133 | 17 | 0.014 | $ 7,316,820.22 |
| SSR | SSR Mining | -4 | -7 | -41 | 0 | 24.28 | $ 402,490,724.48 |
| AQX | Alice Queen | -10 | -7 | 4 | -7 | 0.028 | $ 31,649,543.50 |
| SBR | Sabre Resources | 20 | -7 | -34 | 200 | 0.012 | $ 13,757,108.84 |
| STN | Saturn Metals | 0 | -7 | -7 | 106 | 0.69 | $ 75,925,157.00 |
| AUC | Ausgold Limited | -7 | -7 | 264 | 292 | 0.051 | $ 66,317,826.59 |
| BC8 | Black Cat Syndicate | -5 | -7 | 39 | 78 | 0.695 | $ 79,443,120.24 |
| BAR | Barra Resources | -11 | -8 | -20 | 45 | 0.032 | $ 21,683,459.23 |
| KCN | Kingsgate Consolidated | 11 | -8 | 75 | 93 | 0.77 | $ 174,193,973.80 |
| NUS | Nusantara Resources | -4 | -8 | -17 | -17 | 0.275 | $ 54,207,720.48 |
| SFM | Santa Fe Minerals | -18 | -9 | 0 | 38 | 0.098 | $ 7,136,241.32 |
| MOH | Moho Resources | -9 | -9 | 35 | 110 | 0.105 | $ 7,869,386.28 |
| RXL | Rox Resources | -4 | -9 | 93 | 136 | 0.052 | $ 104,337,251.61 |
| SBM | St Barbara | -3 | -9 | -22 | 1 | 2.52 | $ 1,784,553,667.93 |
| KZR | Kalamazoo Resources | -7 | -9 | -15 | 107 | 0.56 | $ 73,981,910.21 |
| PRU | Perseus Mining | -4 | -9 | -10 | 33 | 1.15 | $ 1,385,444,263.10 |
| VRC | Volt Resources | 0 | -9 | -58 | -17 | 0.01 | $ 21,173,735.55 |
| CEL | Challenger Exploration | 3 | -9 | -13 | 164 | 0.195 | $ 107,723,299.91 |
| AMG | Ausmex | -7 | -9 | -7 | -56 | 0.039 | $ 21,355,164.09 |
| EMU | EMU NL | -24 | -10 | -32 | -9 | 0.042 | $ 14,847,228.31 |
| DTR | Dateline Resources | 0 | -10 | 210 | 0 | 0.002 | $ 16,420,156.15 |
| EVN | Evolution Mining | -8 | -10 | -17 | 30 | 5.07 | $ 8,543,066,200.00 |
| FFX | Firefinch | 9 | -10 | 62 | 118 | 0.15 | $ 113,376,551.40 |
| NSM | North Stawell | 11 | -10 | 0 | 0 | 0.485 | $ 19,000,000.00 |
| DAU | Dampier Gold | -2 | -10 | -27 | 177 | 0.061 | $ 18,237,474.56 |
| HRN | Horizon Gold | 6 | -10 | 83 | 76 | 0.43 | $ 37,753,461.21 |
| MEU | Marmota | -2 | -10 | -14 | 79 | 0.043 | $ 41,646,948.67 |
| TAR | Taruga Minerals | -4 | -11 | 285 | 242 | 0.05 | $ 21,031,269.28 |
| TBR | Tribune Resources | -2 | -11 | -11 | 3 | 6.31 | $ 335,271,012.03 |
| GED | Golden Deeps | -12 | -11 | -31 | -38 | 0.015 | $ 8,095,360.49 |
| AL8 | Alderan Resources | -2 | -11 | 63 | 172 | 0.098 | $ 25,657,736.82 |
| SLZ | Sultan Resources | 4 | -11 | 60 | 269 | 0.24 | $ 16,340,581.42 |
| MAU | Magnetic Resources | -3 | -11 | -8 | 149 | 1.12 | $ 248,482,083.55 |
| RED | Red 5 | -2 | -11 | -10 | -9 | 0.26 | $ 522,290,714.61 |
| NCM | Newcrest Mining | -4 | -11 | -15 | -12 | 27.11 | $ 21,965,370,764.60 |
| G88 | Golden Mile Resources | 0 | -12 | 150 | 32 | 0.054 | $ 6,642,989.71 |
| MRZ | Mont Royal Resources | -6 | -12 | 67 | 28 | 0.3 | $ 10,732,939.75 |
| NML | Navarre Minerals | -7 | -12 | 36 | 131 | 0.215 | $ 108,488,430.20 |
| STK | Strickland Metals | 0 | -12 | 633 | 500 | 0.12 | $ 42,010,152.10 |
| TTM | Titan Minerals | -4 | -12 | 28 | -39 | 0.11 | $ 117,093,576.39 |
| NAG | Nagambie Resources | 9 | -12 | -22 | -2 | 0.051 | $ 24,996,617.30 |
| LNY | Laneway Resources | 0 | -13 | 75 | 0 | 0.007 | $ 22,650,395.60 |
| DGO | DGO Gold | -7 | -13 | 133 | 231 | 2.95 | $ 203,135,569.20 |
| RMS | Ramelius Resources | -6 | -13 | -4 | 68 | 1.72 | $ 1,399,599,870.18 |
| GNM | Great Northern | -6 | -13 | 12 | 70 | 0.017 | $ 16,342,552.87 |
| TSO | Tesoro Resources | -6 | -13 | 285 | 638 | 0.3 | $ 122,037,890.19 |
| AMI | Aurelia Metals | -3 | -13 | 28 | -3 | 0.415 | $ 452,760,992.76 |
| MTH | Mithril Resources | 0 | -13 | 53 | 200 | 0.027 | $ 52,176,878.65 |
| CTO | Citigold Corp | -7 | -13 | 225 | 160 | 0.013 | $ 34,783,751.72 |
| SRN | Surefire Resources | 0 | -14 | 933 | 1140 | 0.031 | $ 19,472,762.84 |
| DDD | 3D Resources | 20 | -14 | 100 | 200 | 0.006 | $ 21,692,232.55 |
| GUL | Gullewa Limited | 0 | -14 | -51 | 275 | 0.105 | $ 16,610,275.50 |
| MAT | Matsa Resources | -4 | -14 | 0 | -11 | 0.12 | $ 32,537,605.08 |
| ZNC | Zenith Minerals | -4 | -14 | 40 | 122 | 0.12 | $ 33,851,403.45 |
| ALY | Alchemy Resources | -5 | -14 | 32 | 53 | 0.018 | $ 12,772,625.61 |
| TMX | Terrain Minerals | -8 | -14 | 140 | 300 | 0.012 | $ 8,677,932.11 |
| DRE | Dreadnought Resources | -8 | -15 | 283 | 229 | 0.023 | $ 49,760,643.70 |
| MKR | Manuka Resources | -4 | -15 | 0 | 0 | 0.43 | $ 30,796,512.35 |
| OKR | Okapi Resources | -11 | -15 | 21 | 6 | 0.17 | $ 6,127,287.22 |
| MEG | Megado | -13 | -15 | 0 | 0 | 0.17 | $ 6,868,286.08 |
| TMZ | Thomson Resources | -19 | -15 | 433 | 210 | 0.079 | $ 22,066,375.60 |
| WMX | Wiluna Mining | -14 | -15 | -7 | 24 | 1.49 | $ 149,701,737.85 |
| RRL | Regis Resources | -1 | -15 | -29 | -17 | 3.85 | $ 1,959,016,730.77 |
| AAR | Anglo Australian | -10 | -15 | -3 | 51 | 0.14 | $ 80,753,173.76 |
| CXU | Cauldron Energy | -25 | -15 | 18 | 83 | 0.033 | $ 15,679,982.92 |
| CAI | Calidus Resources | -5 | -16 | 35 | 130 | 0.53 | $ 138,628,511.13 |
| SVL | Silver Mines | -5 | -16 | 36 | 160 | 0.2 | $ 205,308,736.40 |
| VMC | Venus Metals | -13 | -16 | 17 | 8 | 0.21 | $ 33,237,310.26 |
| XTC | Xantippe Resources | 25 | -17 | 25 | 25 | 0.0025 | $ 10,186,411.01 |
| BRB | Breaker Resources | -5 | -17 | -38 | -44 | 0.175 | $ 57,022,162.58 |
| PAK | Pacific American Holdings | 0 | -17 | 140 | -16 | 0.024 | $ 7,550,037.60 |
| DCN | Dacian Gold | -4 | -17 | 23 | -60 | 0.345 | $ 189,212,908.36 |
| WCN | White Cliff Minerals | 3 | -18 | 371 | 500 | 0.033 | $ 16,022,801.95 |
| SIH | Sihayo Gold | 5 | -18 | -15 | 28 | 0.021 | $ 67,678,315.38 |
| NST | Northern Star | -9 | -18 | -15 | 40 | 12.9 | $ 9,551,002,409.97 |
| AGG | AngloGold Ashanti | -7 | -18 | -27 | 6 | 5.8 | $ 517,405,037.00 |
| GMR | Golden Rim Resources | -13 | -18 | 32 | -19 | 0.0105 | $ 17,913,418.71 |
| NES | Nelson Resources | -7 | -18 | 50 | 47 | 0.062 | $ 7,232,534.95 |
| MAR | Malachite Resources | -9 | -18 | 26 | -47 | 0.053 | $ 6,928,729.40 |
| BBX | BBX Minerals | -7 | -19 | 214 | 83 | 0.33 | $ 144,758,975.62 |
| M2R | Miramar | -12 | -19 | 0 | 0 | 0.3 | $ 11,823,705.60 |
| MDI | Middle Island Resources | -7 | -19 | 0 | 117 | 0.013 | $ 38,813,333.68 |
| TSC | Twenty Seven Co. | -8 | -19 | 8 | 20 | 0.006 | $ 10,847,406.55 |
| GML | Gateway Mining | 61 | -19 | 88 | 61 | 0.029 | $ 55,280,990.04 |
| AOP | Apollo Consolidated | -3 | -19 | 11 | 36 | 0.3 | $ 74,001,287.25 |
| BDC | Bardoc Gold | -8 | -19 | 240 | -18 | 0.0715 | $ 126,356,238.45 |
| RND | Rand Mining | -3 | -20 | -4 | -22 | 1.94 | $ 125,710,312.75 |
| WGX | Westgold Resources | -5 | -20 | -6 | 16 | 2.25 | $ 945,197,252.10 |
| THR | Thor Mining | 5 | -20 | 233 | 282 | 0.021 | $ 7,885,603.92 |
| MZZ | Matador Mining | -10 | -20 | 31 | 23 | 0.32 | $ 54,470,002.88 |
| GTR | GTI Resources | -10 | -20 | 80 | 100 | 0.018 | $ 11,556,323.96 |
| LEX | Lefroy Exploration | -15 | -20 | 3 | 3 | 0.195 | $ 23,860,266.60 |
| DEG | De Grey Mining | -17 | -20 | 0 | 1890 | 0.995 | $ 1,278,415,061.00 |
| SNG | Siren Gold | 4 | -20 | -23 | 0 | 0.57 | $ 32,502,076.75 |
| MGV | Musgrave Minerals | 4 | -20 | 193 | 477 | 0.41 | $ 201,786,721.13 |
| CBY | Canterbury Resources | -14 | -21 | 36 | -53 | 0.095 | $ 8,361,424.53 |
| WWI | West Wits Mining | -4 | -21 | 618 | 1460 | 0.078 | $ 92,199,751.12 |
| AQI | Alicanto Minerals | -10 | -21 | 63 | 136 | 0.13 | $ 37,903,087.89 |
| KWR | Kingwest Resources | -6 | -21 | 0 | -23 | 0.165 | $ 26,127,955.86 |
| CDT | Castle Minerals | -8 | -21 | 22 | 22 | 0.011 | $ 7,691,258.59 |
| OKU | Oklo Resources | -2 | -22 | -28 | 65 | 0.215 | $ 100,712,629.20 |
| FAU | First Au | -5 | -22 | 91 | 62 | 0.021 | $ 11,299,777.36 |
| YRL | Yandal Resources | -1 | -23 | 75 | 82 | 0.465 | $ 35,208,706.95 |
| NWM | Norwest Minerals | -11 | -23 | -48 | -48 | 0.093 | $ 8,060,261.66 |
| ARV | Artemis Resources | 9 | -23 | 300 | 329 | 0.12 | $ 130,727,896.46 |
| CWX | Carawine Resources | -14 | -23 | 34 | 28 | 0.25 | $ 28,311,374.52 |
| MVL | Marvel Gold | -7 | -23 | 135 | -44 | 0.057 | $ 28,992,711.31 |
| ALK | Alkane Resources | -1 | -23 | 10 | 63 | 0.995 | $ 592,411,856.00 |
| LCL | Los Cerros | -4 | -24 | 171 | 29 | 0.125 | $ 58,566,190.25 |
| AUT | Auteco Minerals | -9 | -24 | 74 | 1011 | 0.1 | $ 150,449,177.86 |
| GBR | Great Bould Resources | -7 | -24 | -22 | 0 | 0.053 | $ 9,779,108.04 |
| AGS | Alliance Resources | 6 | -24 | 6 | 76 | 0.19 | $ 33,877,015.20 |
| VAN | Vango Mining | 3 | -24 | -22 | -50 | 0.072 | $ 71,538,678.29 |
| GWR | GWR Group | 6 | -25 | 62 | 97 | 0.175 | $ 45,049,876.08 |
| GSM | Golden State Mining | 2 | -25 | 31 | 292 | 0.235 | $ 13,026,326.00 |
| SPQ | Superior Resources | -12 | -25 | 150 | 167 | 0.015 | $ 17,863,561.23 |
| RMX | Red Mount Mining | -14 | -25 | 140 | 71 | 0.012 | $ 13,575,869.87 |
| HMX | Hammer Metals | -3 | -26 | 48 | 42 | 0.037 | $ 27,539,809.07 |
| KTA | Krakatoa Resources | -21 | -27 | 66 | 54 | 0.063 | $ 17,384,850.00 |
| RGL | Riversgold | -7 | -27 | 32 | 310 | 0.041 | $ 16,225,653.28 |
| TIE | Tietto Minerals | -1 | -27 | 9 | 35 | 0.365 | $ 167,169,868.72 |
| ENR | Encounter Resources | 0 | -28 | 21 | 26 | 0.17 | $ 56,517,255.90 |
| HWK | Hawkstone Mining | -9 | -29 | 0 | 67 | 0.01 | $ 15,115,734.42 |
| PUA | Peak Minerals | 0 | -30 | 81 | 52 | 0.023 | $ 12,597,109.11 |
| AVW | Avira Resources | 0 | -31 | 350 | 350 | 0.009 | $ 11,687,840.00 |
| NAE | New Age Exploration | -15 | -31 | 120 | 267 | 0.011 | $ 13,329,364.92 |
| GMN | Gold Mountain | 5 | -32 | 20 | -42 | 0.043 | $ 29,871,432.07 |
| EMR | Emerald Resources | 5 | -32 | 214 | 51 | 0.62 | $ 306,661,338.17 |
| TRY | Troy Resources | -11 | -32 | -3 | -21 | 0.087 | $ 64,421,611.58 |
| LCY | Legacy Iron Ore | -14 | -33 | 200 | 173 | 0.006 | $ 37,483,431.10 |
| PKO | Peako Limited | -4 | -34 | 45 | 28 | 0.024 | $ 4,609,300.25 |
| AYM | Australia United | 0 | -36 | 350 | 200 | 0.009 | $ 16,583,197.37 |
| RDN | Raiden Resources | -26 | -37 | 420 | 271 | 0.026 | $ 14,570,754.98 |
| KAI | Kairos Minerals | -6 | -39 | 117 | 272 | 0.0365 | $ 60,313,484.74 |
| CST | Castile Resources | -7 | -41 | 76 | 0 | 0.26 | $ 57,915,935.09 |
| REZ | Resources & Energy Group | -21 | -41 | 225 | 37 | 0.052 | $ 22,447,401.03 |
| ADV | Ardiden | 5 | -53 | 450 | 633 | 0.022 | $ 44,584,299.56 |
Small cap highlights
Gateway retained some glow after last week making 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 explorer subsequently scored a $150,000 government grant to drill four 600m deep holes to guide “long term exploration targeting of the gold-rich system”.
Pilbara explorer Anax – formerly Aurora Minerals –intersected significant near surface copper, zinc and lead sulphides at the Whim Creek farm-in.
Anax Metals added that it intends to start exploration work for gold at its Whim Creek project in early 2021.
The stock is now up ~150 per cent since relisting earlier this month.
Explorer Viking Mines is looking to buy the historic, high grade First Hit gold project in WA.
The project includes the historical First Hit Mine and numerous advanced exploration targets, “each with the potential to be repeats of the First Hit Mine as no mining or exploration has been undertaken on the project for ~ 18 years”, the company says.
The 90-year-old First Hit mine last operated between 2001-2002, producing 30,830oz at grades of about 13g/t.
KINGSTON RESOURCES (ASX:KSN) +20%
The 3.6moz Misima gold project in PNG would create $1.5 billion in free cashflow over 17 years, making it “one of the best undeveloped projects in the Asia-Pacific region”, Kingston managing director Andrew Corbett says.
The low cost operation would produce 130,000oz of gold a year at an all in sustaining cost (AISC) of ~$1,159/oz, according to a new project study.
The current gold price is ~ $2469/oz. Nice profit margin.
SABRE RESOURCES (ASX:SBR) +20%
Early stage drilling was completed at Sabre’s aspirationally named ‘Bonanza’ gold project in WA on November 19, with assays pending.
The 50 hole program was testing targets within 800m of a certified company maker called ‘Penny West’, now owned by miner Ramelius Resources (ASX:RMS).
The explorer then received binding commitments for $4.8m in a cap raise — well above the $3m originally sought.
