World’s 100 hottest gold stocks

Gold stocks of all sizes are in good demand; buying remains selective in the face of booming dollar gold bullion prices.

JOHANNESBURG – Dollar gold bullion traded within whiskers of US$1,100 an ounce on Wednesday, on factors that have been canvassed at length, ranging from India buying metal from the IMF, to the contrarian move of the metal to a neutral to stronger dollar, but which listed gold stocks are drawing the most buying attention?

Looking at stocks with a market value of at least US$10m, junior gold stocks are among the cream, with prime mention going to Ventana Gold, which has registered a stock price gain of more than 26,000% (yes, twenty six thousand percent) in less than 12 months.

Ventana is busy drilling at La Bodega in Colombia, and currently carries an eye-popping market value of US$902m. La Bodega appears to be an extension of Greystar‘s Angostura project, which for some considerable time has held 15m ounces of gold resources, with expansions likely. Greystar carries a more modest market value of US$341m, and is not much in demand at this point in time.

Further smaller gold names in very strong demand include North American listed Romarco, Metallic Venture, Tara Gold, Philex Gold, Minefinders, West Timmins, Centerra, Western Copper, and London-listed Norseman Gold, an Australian gold digger. No doubt Australian gold names will be catching up overnight Wednesday into Thursday.

Among global Tier I gold stocks, strongest demand is being shown for Newmont, and also Barrick, which have both recently published encouraging quarterly results showing an increasing ability to generate free cash flow, unlike a number of their peers.

There is also good demand for Goldcorp, which is reporting latest quarterly results today, and also diversified metals producers Freeport-McMoRan and Buenaventura, and also Yamana, Russia’s Polyus, Australia’s leading gold digger in Newcrest, that country’s No 2 gold name in Lihir, and Johannesburg-based transnational gold miner AngloGold Ashanti.

Tier II gold names in strong demand include the likes of Centerra, Eldorado, Red Back, Iamgold and Randgold Resources.

 

IN-DEMAND GOLD STOCKS

 

 

Includes some diversified names

 

 

 

 

Stock

From

From

Value

 

price

high*

low*

USD bn

Romarco

CAD 1.35

0.0%

1073.9%

0.382

Metallic Venture

CAD 1.16

0.0%

346.2%

0.057

Tara Gold

USD 0.45

0.0%

1630.8%

0.046

Philex Gold

CAD 0.35

0.0%

133.3%

0.013

Minefinders

CAD 11.72

-0.1%

252.0%

0.727

West Timmins

CAD 2.82

-0.4%

2069.2%

0.374

Centerra

CAD 9.38

-0.4%

908.6%

2.077

Western Copper

CAD 2.24

-0.4%

992.7%

0.162

Norseman Gold

GBP 0.56

-0.4%

3616.7%

0.159

Ventana Gold

CAD 10.74

-0.6%

26750.0%

0.902

Continental Minerals

CAD 1.69

-0.6%

463.3%

0.206

Lake Shore Gold

CAD 3.87

-0.8%

545.0%

0.779

Golden Star

USD 3.77

-0.8%

842.5%

0.842

Castle Gold

CAD 1.15

-0.9%

666.7%

0.082

European Gold

CAD 6.88

-1.0%

463.9%

1.167

Capital Gold

CAD 0.95

-1.0%

192.3%

0.174

Highlands Pacific

AUD 0.37

-1.3%

825.0%

0.221

Jinshan

CAD 2.11

-1.4%

427.5%

0.327

Eldorado

USD 12.42

-1.5%

239.3%

4.970

A1 Minerals

AUD 0.24

-2.0%

300.0%

0.035

Red Back

CAD 15.51

-2.2%

340.6%

3.377

Petropavlovsk

GBP 11.74

-2.3%

582.6%

3.328

Carpathian Gold

CAD 0.40

-2.4%

700.0%

0.098

Taseko

CAD 3.52

-2.5%

433.3%

0.605

Iamgold

USD 15.43

-2.7%

473.6%

5.679

Semafo

CAD 3.69

-2.9%

334.1%

0.872

Royal Gold

USD 48.28

-3.1%

77.3%

1.968

Keegan Resources

USD 5.55

-3.3%

1337.8%

0.158

Red 5

AUD 0.14

-3.4%

483.3%

0.084

Randgold Resources

USD 74.22

-3.6%

196.3%

6.648

Mindax

AUD 0.53

-3.6%

171.8%

0.062

Timmins Gold

CAD 1.04

-3.7%

420.0%

0.102

Kingsgate

AUD 8.39

-3.8%

281.4%

0.738

Medusa

AUD 3.60

-4.0%

778.0%

0.554

Allied Nevada

CAD 11.13

-4.2%

359.9%

0.601

Ascot Mining

GBP 0.46

-4.4%

83.6%

0.026

Terrane

CAD 1.08

-4.4%

928.6%

0.115

Citadel Resource

AUD 0.43

-4.4%

309.5%

0.560

Hunan Chenzhou

CNY 0.28

-4.4%

357.6%

0.022

Brett Resources

CAD 1.25

-4.6%

190.7%

0.101

Newmont

USD 47.49

-4.7%

124.3%

22.814

Mineral Deposits

AUD 1.01

-4.7%

258.9%

0.520

Auex Ventures

CAD 3.19

-4.8%

235.8%

0.107

Virginia Mines

CAD 5.11

-4.8%

127.1%

0.141

Shandong Gold

CNY 69.79

-4.9%

367.9%

7.274

Moneta Porcupine

CAD 0.19

-5.0%

533.3%

0.020

Barrick

USD 39.95

-5.1%

109.1%

39.269

Gold Resource

USD 8.80

-5.3%

317.1%

0.406

Comaplex

CAD 7.00

-5.3%

554.2%

0.386

Int’l Minerals

CAD 4.44

-5.5%

279.5%

0.389

Yamana

USD 12.05

-5.6%

245.1%

8.832

Sino Gold

AUD 7.04

-5.6%

180.5%

1.877

Premier Gold

CAD 3.32

-5.7%

159.4%

0.259

Freeport-McMoRan

USD 79.35

-5.8%

405.4%

34.121

Goldcorp

USD 40.71

-6.2%

138.8%

29.828

Gold Reserve

CAD 1.43

-6.5%

393.1%

0.078

New Gold

CAD 4.44

-6.7%

372.3%

1.623

Silver Lake Resources

AUD 0.97

-6.7%

646.2%

0.157

Guyana Goldfields

CAD 5.73

-6.8%

839.3%

0.355

Buenaventura

USD 37.13

-6.9%

234.8%

10.207

Int’l Tower Hill

CAD 5.75

-7.0%

437.4%

0.314

Chalice Gold

AUD 0.47

-7.0%

564.3%

0.058

Hillgrove Resources

AUD 0.33

-7.0%

358.3%

0.125

Saracen

AUD 0.33

-7.0%

489.3%

0.115

Zhaojin

HKD 14.40

-7.1%

453.8%

0.812

Polyus

USD 52.00

-7.1%

246.7%

9.913

Orvana Minerals

CAD 0.91

-7.1%

149.3%

0.099

Pediment Gold

CAD 1.17

-7.1%

185.4%

0.052

Gryphon Minerals

AUD 0.52

-7.2%

772.9%

0.083

Alexco Resources

CAD 2.92

-7.3%

461.5%

0.119

Goldplat

GBP 0.13

-7.4%

49.3%

0.023

Newcrest

AUD 34.45

-7.5%

87.9%

15.188

Jindalee Resources

AUD 1.11

-7.5%

335.3%

0.033

Amarillo Gold

CAD 0.98

-7.5%

180.0%

0.044

Peninsular Gold

GBP 0.43

-7.6%

203.6%

0.036

Int’l Royalty

USD 4.16

-7.6%

299.6%

0.394

St Andrew Goldfields

CAD 0.60

-7.7%

400.0%

0.184

Rubicon Minerals

USD 4.43

-7.7%

532.8%

0.656

Kiska Metals

CAD 0.83

-7.8%

453.3%

0.037

Imperial Metals

CAD 5.99

-7.8%

544.1%

0.181

CanPlats Resources

CAD 2.44

-7.9%

136.9%

0.133

Animas Resources

CAD 1.19

-8.5%

366.7%

0.041

Exeter Resources

CAD 6.00

-8.5%

380.0%

0.357

Kings Minerals

AUD 0.16

-8.6%

207.7%

0.062

Vista Gold

USD 2.94

-8.7%

267.5%

0.131

African Gold Group

CAD 0.46

-9.0%

1416.7%

0.028

Lihir

AUD 3.31

-9.1%

111.5%

7.146

Metals Exploration

GBP 0.22

-9.3%

252.0%

0.098

La Mancha Resources

CAD 1.85

-9.3%

3263.6%

0.248

Resolute

AUD 0.78

-9.4%

112.3%

0.270

Oceanagold

AUD 1.28

-9.9%

753.3%

0.217

Eastmain

CAD 1.35

-10.0%

145.5%

0.110

Cluff Gold

GBP 0.72

-10.2%

265.8%

0.140

AngloGold Ashanti

USD 41.78

-10.3%

212.5%

15.128

San Gold

CAD 2.97

-10.3%

421.1%

0.727

Dioro Exploration

AUD 0.85

-10.5%

240.0%

0.053

Nevsun

CAD 3.21

-10.6%

664.3%

0.389

Andean

AUD 2.27

-10.6%

427.9%

0.994

Orezone

CAD 0.67

-10.7%

157.7%

0.034

Avocet Mining

GBP 0.82

-10.9%

69.8%

0.262

Averages/total

 

-5.4%

751.8%

253.099

Weighted averages

 

-5.8%

190.6%

 

* 12-month

 

 

 

 

Source: market data; tables compiled by Barry Sergeant

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