Ready for some mind-blowing stats?

Of the 220 ASX gold stocks on our list, 164 made gains in 2020.

Of those 164, 93 made gains of 100 per cent or more. That’s almost too many to handle.

Five of then – Legacy (ASX:LCY), De Grey (ASX:DEG), Chalice (ASX:CHN), Surefire (ASX:SRN) and Auteco (ASX:AUT) — achieved magical 11-bagger status.

That’s a 1000 per cent gain. To those blessed investors we say well done and screw you.

Kidding – we’re not bitter. Much.

To put that into context, there were 44 multi-bagger (a return of 100 per cent or more) resources stocks all up in 2019 – 49 less than in 2020.

In 2018 there was just 11, and none of them were gold stocks.

These are truly special times. In 2020, gold (+25%) is poised for its biggest annual advance in a decade. Poor cousin silver has surged almost 50%.

In 2021, conditions are ripe for commodity prices — not just gold — to zoom higher, according to analysts.

“A global economy that’s in recovery mode from a COVID-19-induced slowdown, a weakening U.S. dollar, unprecedented monetary stimulus and supply constraints is providing a favorable backdrop for everything from oil to copper to gold,” writes a Goldman Sachs research team led by economist Jeffrey Currie.

This could just be the start of a “sustainable positive feedback loop between commodities, the dollar and emerging-market growth that has driven past structural bull markets.”

$US gold prices over the past year.

 

Winners & Losers

Here’s how ASX-listed gold stocks performed December 29 – December 31 [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 MARKET CAP
LCY Legacy Iron Ore 21 667 2200 2200 0.046 $ 268,631,256.23
DEG De Grey Mining -1 -6 12 1935 1.02 $ 1,265,630,910.39
CHN Chalice Mining 8 -6 285 1641 3.83 $ 1,256,705,826.84
SRN Surefire Resources 4 -37 550 1200 0.026 $ 26,163,291.44
AUT Auteco Minerals -1 9 -38 1138 0.099 $ 156,717,893.60
SI6 SI6 Metals -7 107 460 833 0.028 $ 36,614,055.32
WWI West Wits Mining 31 -3 243 700 0.072 $ 72,969,277.20
PDI Predictive Discovery 9 11 -30 686 0.062 $ 61,021,312.92
TSO Tesoro Resources 9 4 292 613 0.29 $ 139,197,677.64
ADN Andromeda Metals -3 10 449 522 0.28 $ 592,000,152.43
MTC Metalstech -2 3 52 413 0.205 $ 30,046,365.79
GWR GWR Group 64 131 592 411 0.45 $ 119,176,426.44
RGL Riversgold 6 22 -36 400 0.04 $ 18,995,886.77
MHC Manhattan Corp -4 -7 39 400 0.025 $ 33,156,967.33
RDN Raiden Resources -6 7 400 400 0.03 $ 25,582,295.43
AL8 Alderan Resources 20 28 -17 380 0.12 $ 34,263,225.58
TAR Taruga Minerals -2 -2 33 373 0.052 $ 24,231,679.82
SBR Sabre Resources 0 -18 350 350 0.009 $ 15,147,572.84
DDD 3D Resources 13 -18 50 350 0.0045 $ 16,269,174.41
WCN White Cliff Minerals 8 -10 170 350 0.027 $ 13,445,506.07
TMZ Thomson Resources 13 41 400 346 0.11 $ 34,648,712.34
ARV Artemis Resources 9 0 107 344 0.12 $ 125,044,074.87
ANX Anax Metals 0 -34 98 340 0.044 $ 12,889,495.60
ADV Ardiden 0 -19 143 325 0.017 $ 36,262,052.03
MCT Metalicity -5 6 -51 315 0.018 $ 31,396,383.34
MGV Musgrave Minerals 1 -11 -22 310 0.365 $ 187,933,222.80
CY5 Cygnus Gold 0 0 154 309 0.18 $ 19,452,617.64
GBZ GBM Resources 13 0 69 304 0.135 $ 56,371,071.96
AVW Avira Resources 14 -11 167 300 0.008 $ 11,000,320.00
AZS Azure Minerals -5 -42 491 300 0.52 $ 163,285,432.13
GUL Gullewa 0 5 22 293 0.11 $ 20,061,041.00
CLA Celsius Resources 7 2 221 291 0.045 $ 35,109,813.65
MDI Middle Island Resources 10 34 -8 286 0.4 $ 46,674,977.97
NVA Nova Minerals 3 0 215 286 0.17 $ 283,890,929.99
PUR Pursuit Minerals 11 40 351 276 0.021 $ 15,447,046.08
CDV Cardinal Resources 0 -2 73 270 1.07 $ 595,410,904.68
TNR Torian Resources 4 -13 1 265 0.028 $ 20,827,522.09
KAI Kairos Minerals 3 -6 -21 264 0.034 $ 56,971,260.78
AXE Archer Materials -3 -1 -13 262 0.53 $ 117,071,003.92
AUC Ausgold 7 -2 12 262 0.047 $ 59,816,078.89
MSR Manas Resources 0 17 17 250 0.007 $ 19,321,915.19
SLZ Sultan Resources -5 -13 56 250 0.21 $ 14,949,893.64
FFR Firefly Resources 13 3 168 241 0.175 $ 49,465,272.78
REZ Resources & Energy Group -4 -11 194 236 0.047 $ 19,857,316.29
CHZ Chesser Resources 7 14 155 233 0.24 $ 107,895,799.68
BAT Battery Minerals 0 -5 186 233 0.02 $ 40,825,470.82
VKA Viking Mines -3 8 362 223 0.028 $ 11,858,534.95
DAU Dampier Gold 2 -18 89 219 0.051 $ 17,444,155.52
BNR Bulletin Resources -5 5 3 216 0.079 $ 14,164,152.85
E2M E2 Metals -4 -12 248 211 0.575 $ 85,305,291.42
DGO DGO Gold -3 -3 -22 204 2.8 $ 210,357,999.28
GTR GTI Resources 14 41 -29 200 0.024 $ 14,823,913.95
AWV Anova Metals 0 0 8 195 0.026 $ 37,260,449.20
GSM Golden State Mining 0 -13 -65 186 0.2 $ 10,760,878.00
DRE Dreadnought Resources 0 -9 186 186 0.02 $ 45,236,948.82
NXM Nexus Minerals -4 -4 136 178 0.125 $ 29,298,200.52
BRV Big River Gold -4 -17 60 167 0.048 $ 75,392,896.35
FFX Firefinch 26 22 74 164 0.18 $ 129,014,696.42
NAE New Age Exploration -9 -17 43 150 0.01 $ 11,870,304.10
WAF West African Resources 7 18 15 149 1.05 $ 874,289,232.77
HRN Horizon Gold 0 14 13 148 0.49 $ 43,021,386.03
MTH Mithril Resources 5 -15 -4 144 0.022 $ 45,915,653.21
AME Alto Metals 2 -10 32 143 0.09 $ 36,935,291.36
ZNC Zenith Minerals 0 8 13 141 0.13 $ 36,795,003.75
CTO Citigold Corp 0 -8 140 140 0.012 $ 35,368,751.72
HAW Hawthorn Resources 17 33 37 139 0.14 $ 45,024,607.76
AQI Alicanto Minerals -9 -23 67 138 0.1 $ 34,326,333.41
MEI Meteoric Resources 9 31 117 138 0.076 $ 95,855,682.35
SPQ Superior Resources 0 -27 120 135 0.011 $ 16,524,882.70
MAU Magnetic Resources 0 2 -9 134 1.17 $ 252,920,511.09
AAJ Aruma Resources 17 17 40 133 0.007 $ 11,125,897.33
PUA Peak Minerals 12 0 38 128 0.029 $ 17,211,611.09
CXU Cauldron Energy 14 32 156 128 0.041 $ 17,471,980.97
TRM Truscott Mining 0 -10 6 125 0.018 $ 2,302,947.79
TMX Terrain Minerals -18 -18 50 125 0.009 $ 6,621,849.08
KZR Kalamazoo Resources 1 10 -27 125 0.6 $ 75,946,031.72
BBX BBX Minerals 12 -2 87 123 0.29 $ 124,543,649.11
BC8 Black Cat Syndicate 0 8 -14 122 0.7 $ 76,684,678.57
STN Saturn Metals 2 -12 -9 120 0.65 $ 69,417,286.40
RMX Red Mount Mining 0 -8 120 120 0.011 $ 12,444,547.38
CAI Calidus Resources 6 -11 -6 120 0.505 $ 166,404,187.13
SVL Silver Mines 9 30 129 118 0.24 $ 238,805,394.06
KGM Kalnorth Gold 0 0 86 117 0.013 $ 11,625,120.78
KCN Kingsgate Consolidated 9 12 128 114 0.91 $ 209,258,994.50
EMR Emerald Resources 21 44 56 114 0.835 $ 438,087,625.95
THR Thor Mining 13 -11 240 113 0.017 $ 6,822,021.80
BGL Bellevue Gold -2 -14 7 112 1.14 $ 953,341,169.76
FAU First Au 12 -10 19 111 0.019 $ 9,147,438.81
TAM Tanami Gold 4 13 29 105 0.08 $ 97,533,054.82
CEL Challenger Exploration -2 8 -11 105 0.205 $ 110,485,435.80
OKR Okapi Resources 0 15 39 101 0.195 $ 8,544,314.25
AYM Australia United Mines -11 -20 700 100 0.008 $ 14,740,619.88
STK Strickland Metals -5 -56 60 100 0.04 $ 16,846,060.84
DTM Dart Mining 3 12 79 96 0.19 $ 18,489,913.06
CAZ Cazaly Resources 2 0 61 96 0.045 $ 16,231,197.02
NML Navarre Minerals 14 3 86 95 0.205 $ 109,028,430.20
RVR Red River Resources 12 4 246 93 0.28 $ 150,154,566.43
MOH Moho Resources 0 -10 -10 91 0.09 $ 8,337,802.04
SKY SKY Metals -5 0 -27 90 0.19 $ 46,863,467.32
NES Nelson Resources 36 64 111 87 0.095 $ 10,332,192.78
RXL Rox Resources -2 0 -40 85 0.05 $ 100,441,594.69
MEU Marmota 7 -2 -19 81 0.047 $ 43,584,016.05
AGS Alliance Resources 6 -4 1 80 0.175 $ 31,202,514.00
GML Gateway Mining 3 7 58 76 0.03 $ 55,280,990.04
LCL Los Cerros 25 4 191 74 0.125 $ 56,253,542.64
YRL Yandal Resources 6 -9 57 73 0.425 $ 39,942,932.63
KTA Krakatoa Resources 2 16 71 67 0.065 $ 18,968,600.00
HWK Hawkstone Mining 11 0 -23 67 0.01 $ 13,604,161.88
OBM Ora Banda Mining 5 5 14 66 0.305 $ 261,088,806.67
BYH Bryah Resources 0 0 44 64 0.069 $ 10,747,835.56
RDS Redstone Resources 8 0 63 63 0.013 $ 6,882,404.49
ALK Alkane Resources 1 -6 -21 60 0.95 $ 556,688,528.00
ENR Encounter Resources -3 9 20 57 0.18 $ 58,379,285.06
FML Focus Minerals 0 -4 42 55 0.34 $ 61,220,769.28
HMX Hammer Metals 0 -3 -21 55 0.034 $ 25,014,261.40
ALY Alchemy Resources 6 -10 -8 53 0.018 $ 12,100,382.15
DCX Discovex Resources 13 38 0 50 0.009 $ 10,765,476.68
MZZ Matador Mining 16 11 20 50 0.36 $ 60,427,659.45
MKG Mako Gold 7 -9 0 50 0.105 $ 25,724,160.20
PNR Pantoro 2 5 -19 48 0.215 $ 302,805,619.02
SAR Saracen 2 2 -11 48 4.8 $ 5,261,275,360.50
OKU Oklo Resources 0 -2 -32 46 0.205 $ 95,765,664.28
TIE Tietto Minerals 4 6 -22 46 0.38 $ 169,991,421.00
GBR Great Boulder Resources 9 -2 82 46 0.049 $ 8,650,749.42
RMS Ramelius Resources 5 0 -15 45 1.69 $ 1,314,653,057.25
G88 Golden Mile Resources 17 8 -5 44 0.056 $ 6,889,026.37
AAU Antilles Gold 11 0 15 43 0.06 $ 11,708,498.94
CGN Crater Gold 13 -19 89 42 0.017 $ 20,867,429.74
KSN Kingston Resources 2 -7 50 42 0.255 $ 69,001,522.91
CMM Capricorn Metals 3 9 -1 41 1.79 $ 619,154,652.60
AOP Apollo Consolidated 7 9 -13 38 0.31 $ 80,728,677.00
EVN Evolution Mining 0 2 -10 37 5.09 $ 8,560,422,095.85
SLR Silver Lake 3 2 -15 36 1.81 $ 1,564,796,184.13
HRZ Horizon 10 12 0 36 0.11 $ 59,637,396.00
A1G African Gold 13 31 84 35 0.215 $ 10,298,607.93
AAR Anglo Australian -4 -11 -11 34 0.125 $ 73,626,048.00
SFM Santa Fe Minerals 0 -4 52 34 0.094 $ 6,844,966.17
WMX Wiluna Mining Corp -1 -3 5 28 1.41 $ 164,733,063.46
GIB Gibb River Diamonds 1 -37 113 25 0.085 $ 17,766,793.38
SIH Sihayo Gold 6 -5 -33 24 0.018 $ 66,338,305.43
WGX Westgold Resources 2 14 25 19 2.62 $ 1,118,977,912.80
BAR Barra Resources 13 -16 63 18 0.026 $ 16,940,202.53
NPM Newpeak Metals 40 17 75 17 0.0035 $ 16,338,568.78
PRU Perseus Mining 4 16 -2 16 1.29 $ 1,550,961,940.55
LEX Lefroy Exploration 22 10 0 16 0.22 $ 26,402,126.74
NST Northern Star 2 1 -5 14 12.71 $ 9,291,665,649.42
AQX Alice Queen 4 4 -15 12 0.029 $ 31,649,543.50
GSN Great Southern 11 10 -38 11 0.08 $ 34,122,781.50
CDT Castle Minerals 11 -9 5 11 0.01 $ 7,325,008.18
VMC Venus Metals 0 -2 -29 11 0.205 $ 30,215,736.60
GNM Great Northern -8 -35 -42 10 0.011 $ 9,987,115.64
BDC Bardoc Gold 1 13 -2 9 0.081 $ 138,492,590.08
AMI Aurelia Metals 4 2 -12 9 0.425 $ 524,588,773.13
KRM Kingsrose Mining 0 0 -15 9 0.035 $ 26,280,264.67
MRZ Mont Royal Resources -10 -17 74 8 0.27 $ 9,081,718.25
TLM Talisman Mining 2 -12 -41 7 0.097 $ 17,729,696.58
CWX Carawine Resources -4 -10 29 5 0.225 $ 24,500,227.95
OAU Ora Gold 5 0 53 5 0.023 $ 18,498,594.88
TRY Troy Resources 6 8 11 3 0.092 $ 68,892,802.89
MML Medusa Mining 3 8 12 3 0.775 $ 158,962,640.27
BCN Beacon Minerals 6 6 -5 3 0.038 $ 108,944,600.69
KWR Kingwest Resources 6 3 13 3 0.165 $ 23,822,547.99
PKO Peako 0 0 146 3 0.023 $ 4,609,300.25
GOR Gold Road Resources 5 10 -21 1 1.31 $ 1,121,904,053.70
M2R Miramar 0 -2 0 0 0.295 $ 12,457,118.40
XTC Xantippe Resources 0 0 0 0 0.002 $ 8,149,128.80
TSC Twenty Seven Co. 0 0 20 0 0.006 $ 12,717,925.28
PRS Prospech 5 0 0 0 0.2 $ 13,004,117.80
NAG Nagambie Resources 0 -17 -23 0 0.04 $ 19,997,293.84
MLS Metals Australia 0 -25 -25 0 0.0015 $ 8,381,807.15
KAU Kaiser Reef 0 0 52 0 0.41 $ 10,957,250.41
DTR Dateline Resources 25 25 25 0 0.0025 $ 20,525,195.19
ARN Aldoro Resources 14 14 108 0 0.16 $ 10,620,928.48
NSM North Stawell -2 -2 0 0 0.46 $ 18,800,000.00
SSR SSR Mining 5 12 0 0 26.27 $ 458,508,698.40
MEG Megado 3 9 0 0 0.185 $ 7,404,134.57
SNG Siren Gold 6 21 0 0 0.72 $ 43,577,120.05
CST Castile Resources 4 8 78 0 0.285 $ 55,918,833.88
MKR Manuka Resources 12 -10 0 0 0.37 $ 31,437,209.88
BNZ Benz Mining -4 0 0 0 1.17 $ 4,800,000.00
BPM BPM Minerals 0 0 0 0 0.24 $ 6,187,500.00
TBR Tribune Resources 9 -6 -18 -1 5.99 $ 301,691,442.75
AGG AngloGold Ashanti 1 5 -30 -5 6.06 $ 537,030,745.30
GRL Godolphin Resources -6 -6 21 -6 0.23 $ 19,339,826.23
S2R S2 Resources -4 -56 40 -7 0.13 $ 40,935,853.27
NUS Nusantara Resources 4 0 -16 -10 0.285 $ 60,757,346.86
GMR Golden Rim Resources 0 0 -18 -10 0.009 $ 17,913,418.71
EMU EMU NL 5 -2 180 -11 0.042 $ 14,969,028.31
SVY Stavely Minerals 10 -13 34 -11 0.795 $ 207,464,354.34
SBM St Barbara 3 -2 -24 -11 2.41 $ 1,657,591,567.90
LNY Laneway Resources 0 0 17 -13 0.007 $ 22,650,395.60
NCM Newcrest Mining -1 -4 -18 -14 25.97 $ 21,173,310,926.62
RRL Regis Resources 1 1 -28 -14 3.74 $ 1,904,740,733.88
VRC Volt Resources 11 -9 -58 -17 0.01 $ 21,628,281.01
MAT Matsa Resources -9 -13 -35 -20 0.1 $ 28,470,404.45
HXG Hexagon Energy -5 -8 30 -20 0.056 $ 17,253,570.42
RED Red 5 2 4 30 -20 0.26 $ 492,727,089.25
ARL Ardea Resources -6 -14 56 -21 0.405 $ 51,068,232.80
PAK Pacific American 0 0 120 -23 0.022 $ 6,606,282.90
RND Rand Mining 0 -7 -12 -23 1.82 $ 111,575,421.13
CYL Catalyst Metals -13 -19 -24 -26 2.09 $ 174,305,368.82
SAU Southern Gold 14 19 0 -29 0.125 $ 25,599,450.72
RML Resolution Minerals -5 -10 -57 -29 0.037 $ 10,714,953.40
PRX Prodigy Gold -4 -16 2 -29 0.046 $ 26,128,242.27
BRB Breaker Resources 3 18 -31 -31 0.2 $ 63,538,981.16
ERM Emmerson Resources 4 4 -25 -31 0.079 $ 37,662,602.17
RSG Resolute Mining 6 6 -29 -35 0.81 $ 872,075,237.74
TTM Titan Minerals 0 5 49 -36 0.115 $ 133,821,230.16
SMI Santana Minerals 9 -3 67 -38 0.175 $ 19,955,711.30
MVL Marvel Gold 0 -9 110 -41 0.051 $ 25,940,846.96
GMN Gold Mountain 0 0 -33 -42 0.044 $ 30,600,003.59
AMG Ausmex Mining 4 23 78 -47 0.048 $ 26,283,278.88
NWM Norwest Minerals 5 6 -33 -50 0.1 $ 10,666,337.54
ANL Amani Gold 0 -33 0 -50 0.001 $ 9,386,996.75
CBY Canterbury Resources 0 5 -19 -50 0.105 $ 9,241,574.48
PNM Pacific Nickel Mines 0 -8 145 -51 0.049 $ 6,739,856.46
GED Golden Deeps 0 -21 22 -54 0.011 $ 8,520,746.80
DCN Dacian Gold 11 24 -7 -55 0.415 $ 217,038,336.06
VAN Vango Mining 3 -11 -37 -58 0.063 $ 62,888,246.46
ONX Orminex -4 0 -26 -65 0.026 $ 13,747,105.28