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Is this #preciousmetals Rally the Real Deal?

Over the last month, the #goldprice has staged a significant recovery from September lows…

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This article was originally published by Stockhead

Over the last month, the #goldprice has staged a significant recovery from September lows.

After falling below US$1,620 on three occasions since September, the metal is #trading near US$1,790 as we write, a recovery of nearly 11%.

Gold prices are now flirting with the US$1,800 level again as the dollar softens ahead of a key round of inflation data, OANDA analyst Ed Moya said this morning.

“It starts on Friday (US time) with an expected deceleration with wholesale price gains and later that morning the University of Michigan inflation expectations that are expected to remain steady,” he says.

“On Tuesday, we will get the November Inflation report that should see price pressures continue to ease and on Wednesday we get the Fed.

“The FOMC is expected to downshift to half-point pace but traders will care to see what they have to say about the trend of inflation and where rates could peak.”

Gold looks like it will find a home around the US$1800 level until we have better indications with the path of prices, Moya says.

“Key resistance remains the US$1830 level with decent support at the US$1750 region.”

Is this rally the real deal?

Pic: GoldPrice.Org

 

Metals Focus says don’t get too excited – this most recent rally was partially sparked by ‘short covering’

While recent momentum might suggest that gold is staging a structural turnaround into 2023, Metals Focus says this rally is “unlikely” to be sustainable.

It says much of the action has been exaggerated by the positioning of longs and shorts in the market before events, like a weak US CPI report, triggered short-covering or liquidations.

A short position is generally the sale of a stock/asset you do not own. Investors who sell short are betting the price of gold, for example, will decrease.

If the price drops, they can buy it back at the lower price and book a profit. But if the price rises and they’re forced to buy it back later at the higher price, they incur a loss.

‘Short covering’, in this case, refers to buying back borrowed gold to close out an open short position potentially at a loss, which forces the price even higher.

“Given the aggressive rate hikes this year, CME data suggests that money managers had maintained a net-short position on gold [expecting it fall] for ten consecutive weeks starting in early September. This in turn was led by the aggressive long positioning in the US dollar [expecting it to rise].

“Given the extended positioning both on the long side (for the dollar) and the short side (gold), much of the recent price moves in gold have been triggered by short covering rather than fresh buying,” Metals Focus says.

“To put this into context, gross money manager shorts (as of 29th November) have slumped by 60% since their peak of 11.7Moz at end-September,” Metals Focus.

“By contrast, gross longs have risen by just 16% during the same period.”

 

Bulls Vs Bears in 2023

Metals Focus is also bucking the trend with its bearish predictions for gold in 2023.

“We believe that this rally is unlikely to be sustainable as the yellow metal has to contend with rising real yields in 2023, which will raise the opportunity cost of holding gold and, in turn, undermine investor sentiment once the ongoing relief rally in global financial markets fades,” it says.

Bloomberg Intelligence senior macro strategist Mike McGlone says the opposite.

As do a slew of experts in our biblically long (but indispensable) Commodity Predictions For 2023 yarn.

So, who’s right? Only time will tell.

 

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 [INTRADAY FRI] MARKET CAP
ANL Amani Gold 50% 50% 0% 0% 0.0015 $35,540,162
CDR Codrus Minerals 48% 208% 130% 43% 0.2 $4,851,600
GMN Gold Mountain 43% 11% 67% -38% 0.01 $15,781,492
A1G African Gold 36% 4% -4% -39% 0.095 $14,580,381
PKO Peako 29% 19% -9% -26% 0.0155 $5,877,837
AL8 Alderan Resource 29% 29% -50% -73% 0.009 $5,204,395
CLA Celsius Resource 29% 64% -3% -10% 0.018 $24,045,265
AQX Alice Queen 25% 25% -50% -75% 0.0025 $5,500,625
LM8 Lunnonmetals 24% 26% 20% 165% 0.98 $108,777,366
CHN Chalice Mining 20% 55% 22% -23% 6.71 $2,370,672,322
POL Polymetals Resources 19% 28% 108% 67% 0.25 $10,295,673
EMC Everest Metals Corp 18% -10% -14% -36% 0.09 $8,833,948
NES Nelson Resources. 17% 17% -44% -71% 0.007 $4,120,160
RSG Resolute Mining 17% 9% -13% -34% 0.21 $357,830,788
BEZ Besragoldinc 15% 52% -9% -51% 0.06 $15,126,824
EMU EMU NL 14% 60% -47% -64% 0.008 $5,498,145
TMX Terrain Minerals 14% 33% -20% 0% 0.008 $6,177,517
MLS Metals Australia 13% 34% -25% 28% 0.051 $30,958,846
FAU First Au 13% -10% -65% -59% 0.0045 $4,283,970
RDS Redstone Resources 13% 50% 29% -36% 0.009 $6,631,492
ARV Artemis Resources 12% -3% -15% -64% 0.028 $36,176,878
BNZ Benzmining 12% -2% -22% -28% 0.47 $33,501,244
GBR Greatbould Resources 12% 3% 7% -30% 0.094 $39,749,984
REZ Resourc & En Grp 12% 6% -30% -55% 0.019 $9,496,310
KRM Kingsrose Mining 12% 20% 5% -14% 0.067 $49,666,750
GED Golden Deeps 11% -17% -38% -23% 0.01 $11,552,267
XAM Xanadu Mines 11% 11% 15% 20% 0.03 $42,367,806
CAZ Cazaly Resources 10% 3% -20% -26% 0.032 $12,270,119
GWR GWR Group 10% 16% -40% -37% 0.066 $21,200,299
RMX Red Mount Min 10% 10% -27% -39% 0.0055 $8,211,819
VKA Viking Mines 10% 57% 57% -42% 0.011 $11,277,843
E2M E2 Metals 10% 26% -3% -40% 0.17 $35,843,818
SMI Santana Minerals 10% 25% -14% 143% 0.74 $107,119,871
MHC Manhattan Corp 9% 0% -45% -54% 0.006 $9,157,672
PRX Prodigy Gold NL 9% 9% -25% -61% 0.012 $20,974,594
PUR Pursuit Minerals 9% 9% -37% -54% 0.012 $11,978,150
SRN Surefire Rescs NL 9% 0% -59% 9% 0.012 $17,394,998
GIB Gibb River Diamonds 9% 24% 24% -34% 0.062 $13,113,586
MVL Marvel Gold 9% 4% -31% -60% 0.025 $17,612,359
HAW Hawthorn Resources 8% 51% 30% 34% 0.13 $43,357,030
HAV Havilah Resources 8% 8% 16% 100% 0.33 $101,324,547
BGD Bartongoldholdings 8% 33% -5% -2% 0.2 $17,248,461
CDT Castle Minerals 8% 23% -16% 17% 0.027 $23,987,832
ASO Aston Minerals 8% 40% -27% -24% 0.095 $100,217,784
MTC Metalstech 8% 4% 6% 43% 0.415 $70,240,655
LEX Lefroy Exploration 8% -2% -7% -16% 0.28 $40,844,907
SFR Sandfire Resources 7% 47% -4% -5% 5.64 $2,402,811,753
MKG Mako Gold 7% 10% -44% -63% 0.045 $18,866,054
AUC Ausgold 7% 9% -16% 4% 0.047 $97,414,778
MEU Marmota 7% 4% -30% 7% 0.047 $48,704,826
MEI Meteoric Resources 7% 14% 14% 0% 0.016 $24,420,758
HXG Hexagon Energy 6% 6% -39% -78% 0.017 $8,719,570
M24 Mamba Exploration 6% 48% 70% -11% 0.17 $6,748,000
MM8 Medallion Metals. 6% 0% -40% -4% 0.17 $23,792,360
KCC Kincora Copper 6% 5% -27% -40% 0.069 $5,208,251
PNT Panthermetals 6% -10% -8% 0% 0.18 $5,535,000
NAG Nagambie Resources 6% 3% 42% 14% 0.075 $35,083,672
NXM Nexus Minerals 6% 19% -22% -65% 0.19 $58,581,596
CMM Capricorn Metals 5% 22% 25% 63% 4.69 $1,816,810,849
STN Saturn Metals 5% -10% -42% -50% 0.2 $25,979,835
TMZ Thomson Res 5% 11% -19% -66% 0.021 $17,183,972
AAR Astral Resources 5% 17% -17% -21% 0.068 $45,247,879
CYL Catalyst Metals 4% -5% -20% -45% 1.2 $118,147,378
MOH Moho Resources 4% 0% -33% -60% 0.024 $4,776,231
ALY Alchemy Resource 4% -34% 29% 145% 0.027 $30,629,983
BCN Beacon Minerals 4% 13% -10% -11% 0.027 $97,675,972
TBA Tombola Gold 4% -4% -51% -13% 0.027 $34,403,445
VMC Venus Metals Cor 4% -16% -27% -21% 0.135 $24,040,622
RND Rand Mining 4% -3% -2% -4% 1.4 $79,626,345
ANX Anax Metals 4% -5% -43% -40% 0.057 $23,977,295
AUT Auteco Minerals 4% 40% 16% -17% 0.059 $113,730,997
EM2 Eagle Mountain 3% -11% -61% -72% 0.16 $45,831,501
GSR Greenstone Resources 3% 28% -40% 14% 0.032 $31,162,790
MBK Metal Bank 3% 13% -32% -51% 0.034 $9,400,508
CEL Challenger Exp 3% 16% -18% -35% 0.18 $182,859,469
RED Red 5 3% 16% -51% -27% 0.185 $516,671,092
KIN KIN Min NL 3% -3% -3% -29% 0.075 $78,639,114
SLR Silver Lake Resource 3% 12% -18% -20% 1.315 $1,245,857,406
TAR Taruga Minerals 3% 26% 56% 15% 0.039 $26,523,661
VAN Vango Mining 3% 3% -22% -37% 0.039 $49,137,568
CBY Canterbury Resources 3% 0% -18% -52% 0.04 $5,360,941
KZR Kalamazoo Resources 2% -5% -32% -38% 0.21 $31,252,069
RMS Ramelius Resources 2% 18% -19% -34% 0.9675 $859,211,846
FAL Falconmetals 2% 18% -11% 0% 0.235 $41,595,000
NCM Newcrest Mining 2% 16% -13% -10% 21.07 $18,964,501,203
CST Castile Resources 2% 15% -22% -32% 0.1325 $32,656,828
X64 Ten Sixty Four 2% 7% -23% -23% 0.565 $127,900,249
SPQ Superior Resources 2% 2% 45% 263% 0.058 $96,969,564
EVN Evolution Mining 2% 35% -20% -27% 2.91 $5,321,547,325
AQI Alicanto Min 2% 20% -13% -50% 0.06 $26,682,817
WGX Westgold Resources. 2% -2% -39% -59% 0.7675 $374,161,957
HRN Horizon Gold 2% -2% -11% -16% 0.32 $40,058,125
CAI Calidus Resources 1% -9% -55% -39% 0.35 $153,276,097
AWJ Auric Mining 1% 4% -18% -30% 0.077 $7,226,036
TUL Tulla Resources 1% -1% -34% -25% 0.395 $79,234,130
SBM St Barbara 1% 27% -48% -54% 0.6325 $522,586,653
SSR SSR Mining Inc. 1% 15% -20% -11% 22.79 $420,984,332
CWX Carawine Resources 1% 7% -34% -52% 0.092 $18,107,207
AGG AngloGold Ashanti 1% 26% 15% -1% 5.56 $495,995,173
TBR Tribune Res 1% 31% 1% -18% 4 $209,872,308
RRL Regis Resources 1% 28% 4% 13% 2.02 $1,540,252,887
AAU Antilles Gold 0% 6% -51% -46% 0.037 $15,799,802
ADG Adelong Gold 0% -22% -77% -83% 0.007 $3,102,308
ADT Adriatic Metals 0% 17% 32% 17% 3.18 $695,740,426
ADV Ardiden 0% 33% -20% -20% 0.008 $22,680,851
AME Alto Metals 0% 1% -10% -34% 0.069 $39,377,704
AVW Avira Resources 0% -14% -25% -45% 0.003 $6,401,370
AYM Australia United Min 0% 0% -33% -50% 0.004 $7,370,310
BAT Battery Minerals 0% -11% -20% -69% 0.004 $11,700,969
BRB Breaker Res NL 0% 13% 49% -5% 0.305 $99,474,073
CGN Crater Gold Min 0% 0% 0% 0% 0.017 $21,063,474
CLZ Classic Min 0% -17% -93% -93% 0.01 $7,363,833
DCX Discovex Res 0% 0% -48% -37% 0.003 $9,907,704
DEX Duke Exploration 0% 0% -42% -71% 0.053 $5,587,240
DTM Dart Mining NL 0% -4% -7% -24% 0.065 $10,091,910
EMR Emerald Res NL 0% 3% -8% 4% 1.125 $670,853,861
ENR Encounter Resources 0% -3% 10% 18% 0.165 $58,661,754
FFX Firefinch 0% 0% -31% -24% 0.2 $236,248,644
G50 Gold50 0% 150% 28% -4% 0.25 $14,235,750
GCY Gascoyne Res 0% 0% -27% -37% 0.195 $83,082,880
GML Gateway Mining 0% 5% -48% -58% 0.063 $14,238,691
GMR Golden Rim Resources 0% -15% -47% -61% 0.033 $10,673,055
GRL Godolphin Resources 0% 0% -29% -47% 0.082 $10,416,511
GSN Great Southern 0% -20% 3% -34% 0.04 $23,213,136
KAU Kaiser Reef 0% 3% -15% -8% 0.17 $22,795,003
LRL Labyrinth Resources 0% -6% -32% -51% 0.017 $15,720,602
MAU Magnetic Resources 0% 3% -39% -43% 0.8 $183,609,905
MI6 Minerals260 0% 22% 2% -19% 0.44 $94,600,000
MOM Moab Minerals 0% -10% -67% -70% 0.009 $6,478,653
NAE New Age Exploration 0% 20% 0% -18% 0.009 $12,923,090
NPM Newpeak Metals 0% 0% 0% -33% 0.001 $9,096,667
NSM Northstaw 0% 1% -48% -68% 0.098 $11,772,446
NST Northern Star 0% 16% 25% 17% 10.92 $12,659,525,075
OAU Ora Gold 0% -14% -45% -54% 0.006 $5,905,388
OZM Ozaurum Resources 0% 0% -59% -45% 0.072 $5,019,552
PF1 Pathfinder Resources 0% 0% 0% 79% 0.5 $28,984,082
PGO Pacgold 0% -7% -40% -31% 0.39 $21,435,108
PNM Pacific Nickel Mines 0% 1% -15% -7% 0.071 $25,441,389
PNX PNX Metals 0% 25% 0% -14% 0.005 $22,220,289
QML Qmines 0% -14% -18% -50% 0.18 $16,237,626
RML Resolution Minerals 0% -11% -20% -50% 0.008 $8,557,970
RVR Red River Resources 0% 0% -57% -59% 0.073 $37,847,908
S2R S2 Resources 0% 18% -7% -6% 0.165 $60,668,725
SBR Sabre Resources 0% 0% 0% 0% 0.0045 $13,116,852
SI6 SI6 Metals 0% -17% -38% -44% 0.005 $8,224,670
SIH Sihayo Gold 0% -20% -20% -75% 0.002 $12,204,256
SKY SKY Metals 0% 0% -45% -50% 0.05 $18,839,174
SVG Savannah Goldfields 0% -18% 0% -6% 0.18 $31,067,719
TLM Talisman Mining 0% 8% -18% -7% 0.14 $26,283,530
TRY Troy Resources 0% 0% 0% 0% 0.0295 $62,920,961
TSO Tesoro Gold 0% 1% -46% -53% 0.035 $34,719,327
WCN White Cliff Min 0% -11% -6% 0% 0.016 $11,214,050
WMC Wiluna Mining Corp 0% 0% -58% -77% 0.205 $74,238,031
FEG Far East Gold -1% -18% 66% 0% 0.54 $70,067,757
CHZ Chesser Resources -1% 7% -22% -38% 0.074 $44,109,233
ERM Emmerson Resources -1% -1% -24% -56% 0.074 $40,308,524
TGM Theta Gold Mines -1% -8% -18% -59% 0.074 $45,806,671
MEK Meeka Metals -1% 14% 6% 52% 0.067 $72,597,407
GUL Gullewa -2% -3% -12% -21% 0.06 $11,722,386
IVR Investigator Res -2% 0% 1% -24% 0.051 $66,858,183
MXR Maximus Resources -2% -4% -32% -25% 0.043 $13,394,042
SVL Silver Mines -2% 14% 8% 5% 0.205 $277,743,911
PRU Perseus Mining -2% 17% 13% 42% 2.205 $3,104,141,267
SFM Santa Fe Minerals -2% -8% -20% -27% 0.08 $5,825,503
MGV Musgrave Minerals -3% -11% -37% -46% 0.195 $110,318,360
OKR Okapi Resources -3% -10% -35% -57% 0.175 $25,784,237
AAJ Aruma Resources -3% -7% 1% 3% 0.069 $10,516,421
PRS Prospech -3% 13% -23% -54% 0.034 $3,002,152
KSN Kingston Resources -3% 8% -31% -46% 0.097 $40,318,405
BC8 Black Cat Syndicate -3% 7% -24% -45% 0.32 $68,780,536
TTM Titan Minerals -3% 27% 34% -4% 0.095 $136,893,499
GOR Gold Road Res -3% 23% 32% 21% 1.74 $1,915,159,490
KTA Krakatoa Resources -3% 2% -9% 11% 0.059 $18,959,045
ALK Alkane Resources -3% 0% -34% -18% 0.6375 $377,239,333
MZZ Matador Mining -3% 33% -22% -62% 0.14 $45,705,571
NVA Nova Minerals -4% -13% 17% -44% 0.68 $142,569,666
BYH Bryah Resources -4% 8% -33% -47% 0.027 $7,593,844
KAI Kairos Minerals -4% -13% 13% 4% 0.027 $51,066,431
IDA Indiana Resources -4% 0% -7% -9% 0.052 $25,417,851
SAU Southern Gold -4% -7% -32% -54% 0.026 $6,933,183
ADN Andromeda Metals -4% 23% -44% -70% 0.048 $149,280,405
AZS Azure Minerals -4% -25% -26% -29% 0.24 $71,812,413
PNR Pantoro -4% -11% -60% -63% 0.12 $222,352,572
HCH Hot Chili -4% 4% -19% -53% 0.95 $112,278,494
KCN Kingsgate Consolid. -4% -3% 5% -1% 1.65 $369,605,157
KCN Kingsgate Consolid. -4% -3% 5% -1% 1.65 $369,605,157
LYN Lycaonresources -4% 23% -30% -4% 0.345 $11,192,375
A8G Australasian Metals -4% 0% -34% -53% 0.225 $9,263,361
BGL Bellevue Gold -4% 47% 30% 42% 1.12 $1,204,656,457
HRZ Horizon -4% 16% -48% -47% 0.066 $41,107,850
YRL Yandal Resources -4% 0% -43% -72% 0.11 $17,358,339
LCL Los Cerros -5% 52% -33% -67% 0.041 $33,638,546
KAL Kalgoorliegoldmining -5% 1% -9% -31% 0.1 $7,743,460
OBM Ora Banda Mining -5% 3% 147% 29% 0.079 $114,170,844
TAM Tanami Gold NL -5% 3% -26% -41% 0.039 $43,478,591
TRM Truscott Mining Corp -5% 15% -19% 30% 0.039 $6,519,125
DEG De Grey Mining -5% 11% 17% 13% 1.235 $1,974,876,147
GMD Genesis Minerals -5% 2% -22% -15% 1.185 $487,598,702
HMX Hammer Metals -5% 3% 24% 60% 0.072 $60,710,144
AWV Anova Metals -6% 6% 42% -6% 0.017 $27,167,601
VRC Volt Resources -6% -11% -11% -35% 0.017 $62,070,782
NWM Norwest Minerals -6% -9% 25% -37% 0.05 $10,883,262
RXL Rox Resources -6% -13% -48% -57% 0.165 $30,270,210
ASR Asra Minerals -6% -30% -56% -27% 0.016 $23,428,185
HMG Hamelingold -6% -16% 23% 14% 0.16 $17,600,000
M2R Miramar -6% -1% -10% -55% 0.094 $6,644,084
BTR Brightstar Resources -6% -21% -35% -68% 0.015 $10,989,432
AXE Archer Materials -6% 1% -8% -44% 0.655 $166,808,029
IGO IGO -6% -4% 23% 47% 14.97 $11,275,717,736
BNR Bulletin Res -7% -20% -35% 36% 0.1075 $30,722,066
BMR Ballymore Resources -7% -13% -28% -36% 0.14 $13,484,444
PDI Predictive Disc -7% 17% 11% -18% 0.205 $356,023,550
SVY Stavely Minerals -7% 41% -43% -59% 0.205 $66,205,704
CY5 Cygnus Gold -7% -14% 179% 144% 0.475 $81,189,273
CXU Cauldron Energy -7% -16% -29% -66% 0.009 $5,467,899
MKR Manuka Resources. -7% -10% -37% -58% 0.13 $60,184,628
NML Navarre Minerals -7% -15% -35% -45% 0.039 $53,201,529
RDN Raiden Resources -7% -24% -41% -69% 0.0065 $10,754,786
TCG Turaco Gold -7% 21% -39% -57% 0.052 $22,241,267
AGC AGC -8% -9% -26% -32% 0.061 $4,266,819
STK Strickland Metals -8% 10% -32% -29% 0.046 $66,097,492
GTR Gti Energy -8% -21% -42% -59% 0.011 $16,560,319
ICL Iceni Gold -8% 86% -15% -43% 0.11 $15,383,571
XTC Xantippe Res -8% -21% -45% 10% 0.0055 $40,726,149
AM7 Arcadia Minerals -8% -6% 2% 32% 0.245 $11,674,473
WAF West African Res -9% 6% -16% -13% 1.12 $1,149,055,362
TIE Tietto Minerals -9% -4% 84% 75% 0.745 $825,838,530
KWR Kingwest Resources -9% -3% -75% -86% 0.031 $9,578,712
GBZ GBM Rsources -9% -25% -55% -64% 0.041 $21,947,858
ZAG Zuleika Gold -9% -5% -38% 0% 0.02 $10,431,013
BMO Bastion Minerals -10% -5% -59% -73% 0.057 $5,770,413
LCY Legacy Iron Ore -10% 19% -17% -24% 0.019 $121,729,698
SMS Starminerals -10% -12% -52% -66% 0.065 $1,922,700
ARL Ardea Resources -10% -5% -19% 84% 0.9 $154,352,495
BBX BBX Minerals -10% 13% -55% -58% 0.07 $35,530,668
MRZ Mont Royal Resources -11% -11% -41% -58% 0.17 $13,011,707
TG1 Techgen Metals -11% -15% -47% -51% 0.085 $4,653,661
RDT Red Dirt Metals -11% -23% 2% -29% 0.4625 $199,740,395
GNM Great Northern -11% -20% 0% -33% 0.004 $6,836,204
IPT Impact Minerals -11% 14% -11% -39% 0.008 $19,850,964
SLZ Sultan Resources -11% -27% -47% -56% 0.071 $5,913,192
ARN Aldoro Resources -11% -23% 32% -37% 0.27 $30,486,326
DCN Dacian Gold -12% -15% -39% -36% 0.115 $146,016,113
MRR Minrex Resources -12% -12% -7% -10% 0.038 $41,224,965
WWI West Wits Mining -12% -6% -38% -53% 0.015 $30,675,565
FG1 Flynngold -12% -22% -25% -45% 0.097 $6,213,922
MCT Metalicity -13% 0% -13% -62% 0.0035 $12,222,138
KNB Koonenberrygold -13% 4% -11% -47% 0.082 $6,212,028
GSM Golden State Mining -13% 15% -22% -46% 0.047 $5,733,696
MDI Middle Island Res -14% -29% -69% -48% 0.05 $6,120,911
WRM White Rock Min -14% 10% -37% -68% 0.079 $18,689,062
CTO Citigold Corp -14% -14% 0% -33% 0.006 $17,001,955
PGD Peregrine Gold -15% -13% -13% 6% 0.38 $14,725,718
SNG Siren Gold -15% 3% -49% -39% 0.175 $20,461,958
AMI Aurelia Metals -15% 38% -54% -65% 0.145 $173,241,210
RGL Riversgold -15% -34% -17% 60% 0.029 $27,418,564
GAL Galileo Mining -15% -17% -41% 333% 0.91 $182,803,057
ICG Inca Minerals -16% -10% -74% -72% 0.027 $13,022,757
ZNC Zenith Minerals -16% -9% -31% 9% 0.255 $89,585,217
CPM Coopermetals -17% -21% -40% 39% 0.25 $10,255,000
FML Focus Minerals -17% 9% -5% -31% 0.175 $50,147,763
PUA Peak Minerals -17% -17% -58% -63% 0.005 $5,206,854
MAT Matsa Resources -18% -3% -29% -27% 0.037 $16,474,185
G88 Golden Mile Res -18% 5% -52% -57% 0.023 $4,910,154
DRE Dreadnought Resources -20% -12% 132% 100% 0.088 $270,486,616
NMR Native Mineral Res -21% -31% -25% -49% 0.135 $15,612,729
MEG Megado Minerals -23% -40% -62% -57% 0.04 $5,500,000
AVM Advance Metals -25% -25% -31% -47% 0.009 $4,338,397
THR Thor Mining PLC -25% -33% -54% -57% 0.006 $8,653,277
MTH Mithril Resources -33% -40% -50% -81% 0.003 $10,290,816
DTR Dateline Resources -34% -39% -69% -44% 0.045 $23,172,565

The post Gold Digger: Is this precious metals rally the real deal? appeared first on Stockhead.

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