• EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year
  • Is a wave of merger and acquisition activity coming in the ASX gold space?
  • Bounce back in vehicle production to boost PGM demand
  • Gold price hits a four-week high of +$US1792/oz

Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.

 

Klein predicts US$2-US$3,000/oz gold price for this time next year

Is a wave of merger and acquisition activity coming in the ASX gold space?

Barry Fitzgerald reckons so.

The gold sector is about to receive a big boost from a surging price, if Evolution (ASX:EVN) boss Jake Klein’s prediction of between US$2,000-US$3,000/oz by mid-2023 is correct.

“If Klein’s view is shared by others in the industry, standby for a wave of merger and acquisition activity where the bigger companies move on the developers and explorers with 1m-plus ounce gold resources with upside,” Fitzgerald says.

“The developers and developers are looking vulnerable to low-ball bids as they have to enjoy much of a recovery from their smashed levels from the March gold price fall, notwithstanding the gold price rally since.”

 

Bounce back in vehicle production to boost PGM prices

Three to seven grams of platinum group metals (PGMs) — mostly platinum, palladium and rhodium – go in every catalytic converter, which sit in your car exhaust to reduce polluting emissions.

Catalytic convertors account for as much as 80% of annual platinum and palladium production, respectively.

Metals Focus has now revised global light vehicle production numbers upwards for the first time this year as semiconductors become more readily available and China’s domestic production rebounds.

China has also slashed purchase tax for new cars by 50%, which Metals Focus says “not only benefits new energy vehicle sales, but also sales of hybrids and internal combustion engine (ICE) vehicles”.

This bounce back in Chinese automotive sales and production translated into improved regional demand for PGMs, Metals Focus says.

“In June, combined net palladium imports into China and Hong Kong surpassed 100koz, more than double the monthly average taken in during January to May far this year,” it says.

“Platinum, too, managed to outpace its elevated levels of demand with almost 1.4Moz imported so far this year.

Together, this has lent support to both metals’ prices, Metals Focus says.

“On 22nd July, when the trade data for June was published, the palladium price jumped US$150, its fifth best day so far this year,” it says.

“The price then posted further gains, climbing almost another US$150 in the last week of July to temporarily eclipse US$2,200.

“Similarly, platinum regained the US$900 handle for the first time since the start of the month.”

READ: A dodgy guide to recovering palladium from your old catalytic convertor

 

The gold price hits 1-month high, nears US$1,800/oz

A pretty good week for the gold price, which continues to rally as geopolitical tensions escalate and central bankers worldwide brace for recessions.

“Gold is rallying as Wall Street becomes fixated with a global economic slowdown that will get much worse by year end,” says Ed Moya, senior market analyst at OANDA.

The price was on the cusp of US$1,800/oz early Friday, NY time.

“Gold’s technical picture suggests it will continue grinding towards the $1900.00 region in the coming weeks,” says analyst Jeffrey Halley in his last note for OANDA (we’ll miss you Jeff).

“The first test of that will come in the form of the US Non-Farm Payrolls this evening. A soft US payroll number will likely support gold’s upward momentum, as it is likely to result in another bout of US Dollar weakness as yields fall.”

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

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

Stocks missing from this list? Email [email protected]

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
PGD Peregrine Gold 88% 119% 50% 76% 0.79 $16,080,533.70
TSC Twenty Seven Co. 50% 0% -25% -14% 0.003 $7,982,441.72
MRR Minrex Resources 39% 68% -12% 217% 0.057 $58,308,082.86
CY5 Cygnus Gold Limited 34% 43% 23% 34% 0.215 $25,366,842.73
OBM Ora Banda Mining 34% 81% 38% -50% 0.067 $87,935,187.39
SPQ Superior Resources 32% 61% 21% 287% 0.058 $86,762,241.32
MBK Metal Bank 25% 25% -17% -42% 0.005 $13,039,090.80
SBR Sabre Resources 25% 0% 0% 25% 0.005 $13,948,655.04
MGV Musgrave Minerals 22% 20% -5% -5% 0.3 $150,408,425.72
SBM St Barbara Limited 22% 52% -7% -30% 1.25 $987,039,069.28
SLZ Sultan Resources 21% 17% -28% -36% 0.115 $7,912,016.96
AYM Australia United Min 20% 20% 0% -33% 0.006 $11,055,464.91
DCX Discovex Res 20% 33% -55% 26% 0.006 $16,512,840.49
G50 Gold50Limited 20% 0% -30% 0% 0.15 $8,402,700.15
MCT Metalicity Limited 20% 0% -65% -69% 0.003 $8,646,765.02
SKY SKY Metals 20% 2% -32% -39% 0.061 $22,983,791.67
TG1 Techgen Metals 19% 60% 23% -16% 0.16 $7,073,346.56
GSR Greenstone Resources 18% 38% 66% 205% 0.058 $55,674,045.52
EMR Emerald Res NL 18% 9% 11% 32% 1.175 $697,187,405.03
AXE Archer Materials 17% 39% -26% -48% 0.845 $211,197,125.95
GMN Gold Mountain 17% 40% -50% -68% 0.007 $8,352,044.19
KAI Kairos Minerals 15% 50% 15% 0% 0.03 $56,900,711.24
M24 Mamba Exploration 15% 0% -50% -47% 0.1 $4,217,500.30
IDA Indiana Resources 15% 15% 9% -5% 0.063 $30,707,508.42
CAI Calidus Resources 14% 19% 9% 53% 0.755 $293,638,289.76
CDT Castle Minerals 14% 33% -50% 191% 0.032 $29,984,789.52
RXL Rox Resources 14% 14% -33% -32% 0.285 $43,924,646.22
RXL Rox Resources 14% 14% -33% -32% 0.285 $43,924,646.22
AWJ Auric Mining 14% 48% -18% -40% 0.09 $4,862,907.04
TCG Turaco Gold Limited 14% 28% -33% -47% 0.074 $33,789,616.85
OKR Okapi Resources 13% 16% -31% -52% 0.22 $27,187,769.60
MOH Moho Resources 13% 13% -51% -61% 0.027 $3,512,538.99
PKO Peako Limited 13% 50% -10% -40% 0.018 $6,169,082.02
PNX PNX Metals Limited 13% 13% -10% -42% 0.0045 $19,998,260.13
RDS Redstone Resources 13% 29% -25% -25% 0.009 $5,894,659.17
DEG De Grey Mining 12% 20% -17% -24% 0.9825 $1,311,921,059.58
GBR Greatbould Resources 12% 21% -37% -7% 0.092 $38,481,367.74
KCN Kingsgate Consolid. 12% 32% 14% 119% 1.795 $395,057,008.61
ARV Artemis Resources 12% -7% -65% -52% 0.028 $38,873,267.55
PRS Prospech Limited 12% 4% -48% -72% 0.029 $1,890,249.15
ADT Adriatic Metals 12% 9% -7% -29% 2.13 $448,782,217.20
X64 Ten Sixty Four 11% 2% -1% -20% 0.66 $147,031,814.15
DRE Dreadnought Resources 11% 47% 76% 71% 0.072 $198,872,348.57
TLM Talisman Mining 11% 7% -9% -28% 0.155 $29,099,622.04
GMD Genesis Minerals 11% 21% -14% 96% 1.46 $426,404,090.70
RDT Red Dirt Metals 10% 6% -41% 183% 0.425 $130,958,403.18
KCC Kincora Copper 10% 39% -38% -68% 0.075 $5,518,808.93
BGL Bellevue Gold 10% 34% 14% -19% 0.8825 $867,663,121.65
KRM Kingsrose Mining 10% -2% -25% 8% 0.057 $42,894,011.58
CMM Capricorn Metals 10% 27% 27% 89% 4.13 $1,495,139,243.70
ZAG Zuleika Gold 10% -8% -41% -26% 0.023 $11,474,113.75
RED Red 5 Limited 9% 18% 0% 53% 0.29 $659,896,367.20
RSG Resolute Mining 9% 31% 4% -47% 0.295 $314,702,520.17
BAT Battery Minerals 9% 0% -48% -65% 0.006 $17,426,838.70
DCN Dacian Gold 9% 30% -35% -51% 0.12 $151,123,438.00
NST Northern Star 9% 16% -4% -21% 8.2 $9,297,707,251.56
LRL Labyrinth Resources 9% -4% -36% -29% 0.025 $19,214,068.61
CTO Citigold Corp 8% 8% -28% -41% 0.0065 $17,001,954.55
EVN Evolution Mining 8% 11% -25% -35% 2.73 $4,857,470,359.95
HMG Hamelingoldlimited 8% 18% -24% 0% 0.13 $14,300,000.00
HMG Hamelingoldlimited 8% 18% -24% 0% 0.13 $14,300,000.00
MEI Meteoric Resources 8% 18% -13% -72% 0.013 $19,841,865.82
NES Nelson Resources. 8% 8% -48% -71% 0.013 $3,825,863.13
PNR Pantoro Limited 8% 0% -35% -7% 0.195 $299,468,044.19
XAM Xanadu Mines 8% 8% -10% -16% 0.026 $36,718,765.59
RRL Regis Resources 8% 27% 2% -29% 1.8375 $1,343,859,750.64
GOR Gold Road Res 8% 29% 5% 6% 1.4475 $1,530,875,704.93
BRB Breaker Res NL 8% 3% -11% 24% 0.205 $65,168,185.80
NVA Nova Minerals 8% 24% 9% -26% 0.89 $160,380,033.65
IGO IGO Limited 8% 16% -5% 21% 11.52 $8,428,390,758.69
G88 Golden Mile Res 8% -3% -48% -55% 0.028 $5,500,780.58
ENR Encounter Resources 7% 12% 4% -6% 0.145 $44,410,355.64
TTM Titan Minerals 7% -2% -47% -45% 0.058 $78,972,349.85
WWI West Wits Mining 7% 0% -42% -64% 0.022 $39,195,552.98
WGX Westgold Resources. 7% 9% -29% -28% 1.33 $601,500,867.10
DEX Duke Exploration 7% -3% -56% -74% 0.075 $6,765,836.40
GMR Golden Rim Resources 7% -12% -43% -50% 0.06 $18,520,890.36
MVL Marvel Gold Limited 7% 0% -47% -44% 0.03 $21,129,581.10
WAF West African Res 7% 13% 20% 21% 1.4 $1,424,336,491.49
ANX Anax Metals 7% 4% -15% 9% 0.08 $32,044,624.64
GBZ GBM Rsources 7% 5% -49% -51% 0.064 $33,889,924.47
SVY Stavely Minerals 6% -18% -65% -63% 0.165 $51,773,061.42
HXG Hexagon Energy 6% -15% -70% -75% 0.017 $8,206,654.42
RDN Raiden Resources 6% 21% -53% -66% 0.0085 $12,756,979.19
YRL Yandal Resources 6% 13% -52% -64% 0.17 $19,735,564.01
TIE Tietto Minerals 6% 43% -12% 43% 0.515 $474,959,035.98
MEU Marmota Limited 6% -13% 13% 8% 0.052 $52,988,671.10
HRZ Horizon 6% 0% -40% -40% 0.072 $43,289,057.28
NAG Nagambie Resources 6% 48% 48% -5% 0.074 $37,972,815.69
AME Alto Metals Limited 6% -5% -22% -25% 0.0665 $33,141,325.74
CXU Cauldron Energy 6% 19% -50% -68% 0.0095 $5,354,112.77
VMC Venus Metals Cor 6% 12% 3% 0% 0.19 $30,414,949.77
LM8 Lunnonmetalslimited 5% 43% 25% 87% 0.97 $105,481,081.92
FEG Far East Gold 5% 26% 0% 0% 0.39 $46,984,325.85
RML Resolution Minerals 5% 11% -41% -63% 0.01 $7,491,465.72
AMI Aurelia Metals 5% 3% -37% -22% 0.2725 $321,634,678.82
MM8 Medallion Metals. 5% -2% -10% -19% 0.19 $19,633,616.36
SLR Silver Lake Resource 5% 18% 0% -1% 1.5175 $1,347,252,370.99
KIN KIN Min NL 5% 27% -10% -35% 0.09 $77,952,055.23
NWM Norwest Minerals 5% 67% -26% -35% 0.045 $8,127,332.42
PNT Panthermetals 5% 2% -6% 0% 0.225 $6,597,500.00
GIB Gibb River Diamonds 5% 15% -38% -23% 0.046 $9,940,943.92
AUT Auteco Minerals 4% 9% -47% -53% 0.049 $101,297,806.23
MTC Metalstech 4% 12% 42% 108% 0.37 $63,332,544.20
ALK Alkane Resources 4% 22% -2% -31% 0.8025 $455,621,316.30
MZZ Matador Mining 4% -4% -59% -71% 0.13 $33,366,231.47
BNZ Benzmining 4% -7% -41% -49% 0.4 $20,813,274.04
BMO Bastion Minerals 4% -10% -33% -25% 0.135 $9,870,803.80
FML Focus Minerals 4% -10% -47% -51% 0.135 $38,685,417.08
MEG Megado Minerals 4% 1% -5% -26% 0.081 $8,614,855.04
RGL Riversgold 4% 4% 47% -19% 0.028 $21,178,527.97
OKU Oklo Resources 4% 4% 32% 12% 0.145 $73,151,989.46
S2R S2 Resources 4% 0% -24% -15% 0.145 $51,674,353.98
NCM Newcrest Mining 3% -7% -15% -28% 19.26 $16,978,272,925.47
MLS Metals Australia 3% 20% 50% 50% 0.06 $31,810,026.70
BYH Bryah Resources 3% 11% -45% -44% 0.031 $7,012,422.43
MRZ Mont Royal Resources 3% 2% -7% 59% 0.31 $20,781,144.81
A1G African Gold 3% 1% -59% -45% 0.094 $11,941,032.80
SFR Sandfire Resources 3% 1% -34% -33% 4.52 $1,795,720,691.34
CHN Chalice Mining 3% 30% -39% -29% 4.88 $1,813,752,475.08
KSN Kingston Resources 3% 3% -34% -53% 0.099 $39,213,096.71
KWR Kingwest Resources 3% 12% -65% -12% 0.066 $16,279,192.68
BRV Big River Gold 3% 3% 52% -8% 0.35 $87,002,562.50
KAU Kaiser Reef 3% 13% -15% -19% 0.175 $23,371,328.52
VRC Volt Resources 3% -3% -12% -31% 0.0185 $56,451,284.21
SVL Silver Mines Limited 3% 31% -7% -17% 0.19 $238,988,946.46
LCY Legacy Iron Ore 3% 11% 5% 43% 0.02 $128,136,523.98
VAN Vango Mining 2% 0% -5% -36% 0.042 $52,917,380.54
PRU Perseus Mining 2% 2% 11% 4% 1.7 $2,272,542,186.33
IVR Investigator Res 2% 23% -20% -30% 0.049 $59,954,114.57
GCY Gascoyne Res 2% 9% -4% -21% 0.25 $104,378,637.23
GCY Gascoyne Res 2% 9% -4% -21% 0.25 $104,378,637.23
GSM Golden State Mining 2% 16% -44% -66% 0.05 $6,170,329.91
ICG Inca Minerals 2% -39% -44% -42% 0.056 $26,986,105.38
NML Navarre Minerals 2% 20% -34% -35% 0.059 $83,295,786.56
STN Saturn Metals 2% -5% -21% -42% 0.3 $38,969,753.10
MAT Matsa Resources 1% 3% -14% -31% 0.0455 $16,332,435.21
ERM Emmerson Resources 1% 10% -20% 45% 0.1 $54,470,978.80
RMS Ramelius Resources 1% 18% -20% -38% 1.105 $906,417,438.91
DDD 3D Resources Limited 0% 0% -33% -50% 0.002 $8,863,744.18
AVM Advance Metals 0% 25% -41% -37% 0.01 $4,778,774.02
AL8 Alderan Resource 0% -18% -64% -82% 0.009 $4,784,094.72
AQI Alicanto Min 0% -21% -45% -57% 0.058 $22,255,389.79
AQX Alice Queen 0% -14% -63% -78% 0.003 $6,798,058.70
AUC Ausgold Limited 0% 7% 2% 27% 0.047 $95,385,303.43
BMR Ballymore Resources 0% 11% 18% 0% 0.2 $14,695,616.20
BGD Bartongoldholdings 0% -5% -24% 0% 0.19 $15,472,660.14
BEZ Besragoldinc 0% -17% -59% 0% 0.039 $5,671,048.68
CBY Canterbury Resources 0% 2% -41% -58% 0.044 $5,420,735.32
CWX Carawine Resources 0% 36% -31% -50% 0.11 $15,161,778.17
CHZ Chesser Resources 0% 0% -2% -32% 0.095 $55,871,695.45
CGN Crater Gold Min 0% 0% 0% 0% 0.017 $21,063,473.65
DLCDA Delecta Limited 0% 0% 10% 100% 0.0275 $13,253,995.76
E2M E2 Metals 0% 32% -45% -56% 0.145 $24,891,540.38
EMU EMU NL 0% 9% -37% -59% 0.012 $6,597,773.81
FFX Firefinch 0% 0% -10% 44% 0.2 $236,248,644.20
GML Gateway Mining 0% 0% -31% -51% 0.009 $20,340,957.30
GTR Gti Energy 0% 21% -19% 2% 0.017 $25,372,220.84
HAV Havilah Resources 0% 4% 41% 24% 0.26 $80,732,798.55
KGM Kalnorth Gold 0% 0% 0% 0% 0.013 $11,625,120.78
MHC Manhattan Corp 0% 11% -29% -23% 0.01 $15,262,786.93
MXR Maximus Resources 0% 11% -29% -36% 0.05 $17,166,911.47
MI6 Minerals260Limited 0% 13% -55% 0% 0.265 $57,200,000.00
NAE New Age Exploration 0% 17% -56% -36% 0.007 $10,051,292.37
NPM Newpeak Metals 0% 0% 0% -50% 0.001 $8,853,750.03
OZM Ozaurum Resources 0% -13% 13% -4% 0.135 $9,411,660.00
PNM Pacific Nickel Mines 0% 11% -16% 51% 0.08 $21,702,068.48
PF1 Pathfinder Resources 0% 0% 25% 72% 0.5 $26,560,505.00
POL Polymetals Resources 0% 67% 11% 7% 0.15 $6,008,484.90
SFM Santa Fe Minerals 0% -11% -58% 1% 0.085 $6,189,597.07
SI6 SI6 Metals Limited 0% 7% -32% -38% 0.0075 $10,417,323.55
SAU Southern Gold 0% 3% -44% -50% 0.033 $7,039,848.95
TAR Taruga Minerals 0% 25% -38% -55% 0.025 $14,451,206.00
TMX Terrain Minerals 0% -13% 0% -13% 0.007 $5,325,327.06
TBR Tribune Res 0% -8% -20% -32% 3.7 $204,100,819.53
TRY Troy Resources 0% 0% 0% -10% 0.0295 $50,138,963.94
TRM Truscott Mining Corp 0% 2% 53% 32% 0.049 $7,735,656.66
VKA Viking Mines 0% 17% -50% -67% 0.007 $7,176,809.02
WMC Wiluna Mining Corp 0% -13% -77% -76% 0.205 $74,238,030.68
SSR SSR Mining Inc. -1% -8% -2% 4% 22.51 $393,930,587.50
PDI Predictive Disc -1% 17% -11% 31% 0.2225 $382,830,450.30
BBX BBX Minerals -1% -22% -56% -65% 0.074 $35,965,589.15
RND Rand Mining -1% 10% -5% -4% 1.45 $82,470,143.45
AAJ Aruma Resources -1% 0% -25% 27% 0.066 $10,359,459.20
LEX Lefroy Exploration -2% 31% -9% -44% 0.295 $45,221,147.08
MEK Meeka Metals Limited -2% 2% 21% 4% 0.051 $47,860,033.78
DTR Dateline Resources -2% 3% 20% 18% 0.098 $49,573,032.00
LYN Lycaonresources -2% -18% -38% 0% 0.245 $7,660,500.00
KZR Kalamazoo Resources -2% 31% -30% -37% 0.23 $34,846,649.76
SMI Santana Minerals -2% 31% 121% 740% 0.84 $121,071,694.80
HAW Hawthorn Resources -2% 1% -7% 84% 0.083 $30,016,405.17
AAR Astral Resources -3% 10% -26% -10% 0.078 $46,501,980.64
CEL Challenger Exp -3% -5% -33% -30% 0.185 $195,265,580.20
QML Qmines Limited -3% 3% -31% -52% 0.17 $10,643,468.64
CST Castile Resources -3% -6% -14% -17% 0.15 $30,955,068.76
BCN Beacon Minerals -3% 4% -9% -9% 0.029 $105,602,645.20
OGC OceanaGold Corp. -3% -7% 19% 0% 2.59 $169,446,924.07
TUL Tulla Resources -4% -2% -6% 5% 0.54 $85,716,026.52
KTA Krakatoa Resources -4% -13% 0% 4% 0.049 $17,235,495.85
BC8 Black Cat Syndicate -4% 24% -42% -44% 0.36 $74,771,961.25
EM2 Eagle Mountain -4% 4% -62% -68% 0.24 $63,042,289.81
FG1 Flynngold -4% -4% -44% -45% 0.096 $6,342,043.95
MAU Magnetic Resources -4% -20% -34% -34% 0.96 $216,298,026.24
TAM Tanami Gold NL -4% 2% -17% -34% 0.048 $55,229,561.16
GED Golden Deeps -4% -12% -4% 5% 0.0115 $13,862,720.57
GWR GWR Group -4% -23% -47% -72% 0.092 $29,551,932.26
ICL Iceni Gold -4% -2% -28% -49% 0.09 $11,537,678.52
AGG AngloGold Ashanti -4% -9% -23% -26% 4.01 $363,075,603.55
BNR Bulletin Res -4% -4% -4% 93% 0.11 $30,722,065.50
BTR Brightstar Resources -5% 27% -42% -32% 0.021 $13,584,078.25
GUL Gullewa Limited -5% 3% -13% -22% 0.061 $12,217,798.40
ARN Aldoro Resources -5% 48% -46% -62% 0.2 $19,917,463.40
WRM White Rock Min -5% -9% -53% -77% 0.1 $19,103,605.84
CAZ Cazaly Resources -5% 0% -14% -27% 0.038 $14,832,871.72
SMS Starmineralslimited -5% 8% -53% 0% 0.095 $2,750,940.00
THR Thor Mining PLC -5% 6% -37% -37% 0.0095 $10,689,009.73
GAL Galileo Mining -5% -22% 447% 193% 1.04 $211,226,838.20
CYL Catalyst Metals -5% -1% -39% -39% 1.21 $119,131,939.08
GSN Great Southern -5% -15% -36% -38% 0.035 $20,035,052.89
SRN Surefire Rescs NL -6% -35% 42% 6% 0.017 $25,301,815.63
ALY Alchemy Resource -6% 14% 33% 26% 0.016 $14,296,110.86
MDI Middle Island Res -6% -22% -22% -15% 0.094 $11,507,312.87
CPM Coopermetalslimited -6% 6% -1% 0% 0.455 $12,857,162.50
IPT Impact Minerals -6% -6% -45% -40% 0.0075 $18,610,279.17
MKR Manuka Resources. -6% -17% -49% -44% 0.15 $47,193,362.87
TBA Tombola Gold -6% -21% 0% -38% 0.03 $27,702,240.55
CDR Codrus Minerals -7% 4% -45% -57% 0.071 $2,840,000.00
GRL Godolphin Resources -7% -15% -38% -49% 0.084 $7,489,145.39
PRX Prodigy Gold NL -7% 17% -53% -62% 0.014 $8,156,786.48
RVR Red River Resources -7% -7% -28% -22% 0.14 $72,585,028.32
AZS Azure Minerals -7% 0% -49% -18% 0.205 $62,147,144.20
TMZ Thomson Res -7% 24% -60% -75% 0.026 $16,921,605.89
A8G Australasian Metals -8% 17% -55% 66% 0.24 $10,292,623.50
RMX Red Mount Min -8% 9% -40% -40% 0.006 $9,854,183.15
ZNC Zenith Minerals -8% 15% -17% 36% 0.3 $99,981,060.91
HCH Hot Chili -8% -11% -58% -63% 0.67 $81,819,966.11
MKG Mako Gold -8% 0% -23% -25% 0.067 $26,756,912.14
GNM Great Northern -8% 38% -8% -50% 0.0055 $9,399,780.37
LCL Los Cerros Limited -8% 14% -71% -78% 0.033 $22,772,709.93
OAU Ora Gold Limited -8% 22% -31% -47% 0.011 $10,826,544.11
AGC AGC -9% 1% -33% -55% 0.07 $4,740,909.88
M2R Miramar -9% 18% -49% -38% 0.1 $6,739,599.62
TSO Tesoro Gold -9% -15% -47% -65% 0.04 $32,459,231.16
NXM Nexus Minerals -9% 12% -28% 179% 0.24 $66,625,372.13
HRN Horizon Gold -10% 9% -11% 0% 0.38 $48,863,490.41
PGO Pacgold -10% -3% -37% 153% 0.57 $31,328,234.55
STK Strickland Metals -10% 0% -16% 33% 0.056 $76,866,880.02
ASR Asra Minerals -10% -36% -40% -33% 0.018 $24,883,946.08
LNY Laneway Res -10% -10% -6% 4% 0.0045 $31,510,082.05
PUA Peak Minerals -10% 0% -31% -44% 0.009 $8,330,966.01
CLZ Classic Minerals -10% -51% -51% -1% 3% $6,500,000.00
PUR Pursuit Minerals -11% 13% -29% -73% 0.017 $15,892,787.10
DTM Dart Mining NL -11% 38% -10% -34% 0.073 $9,873,991.68
ADV Ardiden -11% 14% -50% 0% 0.008 $21,346,682.85
FAU First Au -11% -27% -20% -33% 0.008 $7,451,287.59
KNB Koonenberrygold -11% 0% -45% 0% 0.08 $5,980,727.04
REZ Resourc & En Grp -11% 0% -54% -20% 0.024 $11,995,338.94
XTC Xantippe Res -11% 14% -20% 300% 0.008 $64,107,788.51
AAU Antilles Gold -11% -11% -30% -32% 0.054 $18,377,057.97
AM7 Arcadia Minerals -13% -18% -40% -18% 0.14 $6,304,215.42
AVW Avira Resources -14% -14% -33% -40% 0.003 $6,356,370.00
ADN Andromeda Metals -15% 25% -53% -44% 0.089 $286,120,775.74
WCN White Cliff Min -15% -8% -56% -15% 0.011 $7,189,636.98
HMX Hammer Metals -16% 47% 13% -21% 0.069 $53,000,650.50
ARL Ardea Resources -16% 29% 38% 116% 0.99 $172,283,838.58
NMR Native Mineral Res -17% -20% -43% -49% 0.125 $5,736,697.20
CLA Celsius Resource -19% -32% -55% -55% 0.013 $15,879,054.98
KAL Kalgoorliegoldmining -19% 8% -24% 0% 0.13 $9,416,498.00
SNG Siren Gold -20% -15% -21% -13% 0.225 $18,576,783.06
ASO Aston Minerals -20% -11% -56% -45% 0.08 $92,423,067.52
NSM Northstaw -22% 0% -48% -61% 0.14 $5,617,780.00
AWV Anova Metals -23% 11% -41% -52% 0.01 $14,980,942.00
MTH Mithril Resources -29% 0% -64% -74% 0.005 $17,581,398.25
ANL Amani Gold -33% -33% 0% 0% 0.001 $47,386,882.25
SIH Sihayo Gold Limited -33% 0% -75% -80% 0.002 $12,204,256.18

 

WEEKLY ASX SMALL CAP STANDOUTS

Creasy-backed Peregrine Gold (ASX:PGD) flew out of the blocks Friday on news of ‘spectacular’ gold mineralisation found in shallow drill core at its Peninsula prospect, 30km west of the town of Newman in WA.

And speccy it was:

In fact, there’s gold all over the joint, they say, just sitting at surface:

“’It is very rare for a greenfield exploration program in WA to encounter mineralisation of this nature sitting undisturbed at surface,” PGD technical director George Merhi says.

“In addition to being a very impressive demonstration of the high-grade potential of this system it also highlights just how underexplored the area is.

“Peninsula and the other Newman prospects due to be drilled have been uncovered as a result of systematic exploration over a small portion of our overall project area.

“In 2022 we have expanded this effort and look forward to updating the market on potentially new discoveries in this exciting district.”