Will Bank Collapses Usher in a New Gold Bull Market?

A troubled banking sector increases the possibility that the Fed may reconsider future interest rate rises, a big driver…

  • The collapse of at least two US banks has provided a jolt to the precious metals market
  • This increases possibility that US Fed may now reconsider future interest rate rises, a big driver of gold prices in recent months
  • Gold’s next big test is the Fed’s rates decision on March 22

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

The collapse of at least two US banks has provided a jolt to the precious metals market.

Gold prices have surged in March.

Concerns about contagion within the global banking sector are very real, with several other necks hovering over the proverbial chopping block.

BREAKING: First Republic Bank crashes 35% on the open as they announce exploring strategic options, including a sale.

Here we go again. pic.twitter.com/gmFXeeWsSj

— Genevieve Roch-Decter, CFA (@GRDecter) March 16, 2023

Bank Run Continues pic.twitter.com/TeSKc4skUf

— Wall Street Silver (@WallStreetSilv) March 17, 2023

But why would this boost precious metals prices?

There are two reasons; one, the rush to safe haven assets (of which gold is one) and two, the possibility that the Fed may now reconsider future interest rate rises.

Fed policy – and market expectations around Fed policy – has been a particularly important driver of gold prices in recent months, says Metals Focus.

“Much of the price upside seen in Q4.22 reflected investor expectations that the Fed would turn more dovish, anticipating modest rate increases in H1.23, before seeing cuts emerge during H2,” it says.

“However, in the past couple of months, as US economic data pointed to a still robust economy, expectations were adjusted to the Fed remaining hawkish for longer.

“Meanwhile, rising nominal and real rates increasingly acted as a headwind to institutional investors who could secure around 4% in risk-free vehicles, like 10-year Treasuries.

“This, combined with a strong dollar, again due to a hawkish Fed, had weighed on gold.”

The collapse of SVB has once again changed the market narrative around Fed interest rates, says Metals Focus.

“Leaving aside the bank’s risk-management and governance failings, there is no doubt that the rising interest rate environment has played a key role it its demise,” it says.

“From its side, the Fed has not as yet commented on how SBV’s failure may affect its interest rate policy over the rest of the year.”

Gold’s next big test: the March rates decision in the US

The US Fed makes its next rates decision on March 22.

This decision, and the messaging that accompanies it, will be crucial to the outlook for gold over the rest of 2023, says Metals Focus.

“It is of course tempting to adopt the dovish expectation [lower rates] that is fast becoming the consensus. However, we are not convinced this is right,” it says.

Investors should weigh up other factors that have underpinned the Fed’s hawkish [higher rates] stance, namely that inflation is stubbornly high, the US labour market is robust and equity valuations are historically high, despite the past couple of months’ declines, it says.

“As such, in our base case, we would still not rule out some further rate hikes in the next few months and certainly struggle with the idea of cuts within 2023.”

Yesterdays CPI report clearly shows inflation is still a problem despite the SVB collapse and wider banking situation.

What do you think Jerome Powell will do to US interest rates when he announces the rate decision at the Fed Meeting next week March 21st /22nd?

— The Biz Doc (@TomEllsworth) March 15, 2023

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 reuben@stockhead.com.au

CODECOMPANY1 WEEK RETURN %1 MONTH RETURN %6 MONTH RETURN %1 YEAR RETURN %YEAR TO DATE RETURN %PRICEMARKET CAP
GWRGWR Group75%93%33%-29%86%0.11$35,333,832
MBKMetal Bank38%26%-28%-59%-15%0.029$7,188,624
ADGAdelong Gold38%10%10%-63%57%0.011$5,338,223
PUAPeak Minerals25%-17%-44%-58%-17%0.005$5,206,883
RMSRamelius Resources21%37%79%-23%25%1.165$978,038,512
WGXWestgold Resources21%9%38%-43%26%1.1$513,880,662
IVRInvestigator Res20%8%-13%-37%0%0.042$57,486,546
RSGResolute Mining20%35%64%12%65%0.33$670,637,069
KCNKingsgate Consolid.19%18%16%33%4%1.79$334,193,884
CMMCapricorn Metals19%13%56%15%-3%4.47$1,728,487,605
STNSaturn Metals18%0%-42%-57%-8%0.165$24,247,764
AGGAngloGold Ashanti16%9%47%-12%-1%5.83$510,268,416
RXLRox Resources15%66%0%-34%51%0.265$57,210,336
GNMGreat Northern14%0%0%-20%0%0.004$5,981,678
OBMOra Banda Mining13%31%106%165%55%0.13$185,352,990
SLRSilver Lake Resource13%-2%-3%-47%-8%1.0875$1,027,367,488
MOHMoho Resources12%-5%-47%-67%-10%0.019$3,945,582
PNMPacific Nickel Mines11%7%-21%-35%-6%0.078$29,332,785
FALFalconmetals11%16%103%7%41%0.395$66,375,000
TBRTribune Res11%0%-2%-23%-11%3.59$181,539,546
TULTulla Resources10%-19%-53%-59%-31%0.23$50,019,386
WWIWest Wits Mining9%-11%-33%-67%-25%0.012$25,826,166
CWXCarawine Resources9%-11%-2%-54%-2%0.098$19,288,112
GORGold Road Res8%4%21%-10%-11%1.5125$1,681,499,765
CELChallenger Exp8%-7%-30%-61%-26%0.13$141,185,030
SPDSouthernpalladium8%-18%-49%0%-35%0.53$22,831,513
ARLArdea Resources8%-16%-39%-34%-24%0.54$79,748,789
MEKMeeka Metals8%-17%-38%-9%-37%0.043$45,907,184
MGVMusgrave Minerals7%-1%-21%-47%-13%0.1825$106,417,431
REZResourc & En Grp7%15%-38%-63%-6%0.015$7,497,087
SBRSabre Resources7%-12%-50%-45%-21%0.03$7,870,127
RRLRegis Resources7%-8%22%-14%-14%1.7775$1,355,271,535
CLACelsius Resource7%0%19%-16%0%0.016$29,715,265
QMLQmines7%-11%14%-35%-3%0.16$14,433,445
TARTaruga Minerals6%-6%-48%-43%-29%0.017$11,296,429
SBMSt Barbara6%-11%-29%-63%-27%0.5675$489,924,987
PDIPredictive Disc6%9%0%-20%-3%0.175$321,413,766
NSTNorthern Star6%-3%49%4%1%10.99$12,821,891,879
AARAstral Resources NL6%-1%-7%-32%3%0.074$49,240,338
KSNKingston Resources5%-15%-1%-42%10%0.0895$36,577,522
SVLSilver Mines5%2%-10%-35%-24%0.1525$217,623,045
AUTAuteco Minerals5%-5%-7%-45%-20%0.041$94,826,288
GTRGti Energy5%5%-50%-50%-5%0.0105$13,549,352
NCMNewcrest Mining5%2%47%-6%18%24.39$22,119,293,345
CPMCoopermetals4%-16%-35%-41%0%0.235$9,657,325
PRUPerseus Mining4%12%50%12%0%2.11$2,940,045,693
ALKAlkane Resources4%6%-6%-35%26%0.675$404,185,000
USLUnico Silver4%0%-16%-39%-21%0.135$33,663,218
NSMNorthstaw4%-24%-3%-55%-10%0.14$16,817,780
BRBBreaker Res NL4%0%16%21%-11%0.285$90,698,329
GIBGibb River Diamonds3%-2%3%-2%0%0.06$12,690,567
BMRBallymore Resources3%3%-17%-6%0%0.15$14,929,206
TG1Techgen Metals3%-26%-66%-52%-24%0.062$3,484,961
AMEAlto Metals3%-6%-9%-30%-4%0.064$37,381,744
DEGDe Grey Mining3%7%43%10%13%1.455$2,263,692,027
SSRSSR Mining Inc.3%0%3%-32%-12%20.17$383,098,683
KAUKaiser Reef3%-1%-3%-10%6%0.175$24,088,606
TAMTanami Gold NL3%-10%-14%-38%-8%0.036$43,478,591
POLPolymetals Resources3%-5%0%50%-27%0.18$8,584,711
WAFWest African Res3%1%-16%-23%-18%0.965$982,575,715
BNZBenzmining3%-12%-26%-32%-2%0.4$29,384,247
MZZMatador Mining3%-13%-29%-70%-29%0.082$25,847,944
GCYGascoyne Res2%-36%-59%-62%-36%0.1075$63,913,872
GCYGascoyne Res2%-36%-59%-62%-36%0.1075$63,913,872
EMREmerald Res NL2%0%26%40%27%1.505$893,670,479
FG1Flynngold1%-5%-17%-42%-17%0.083$8,538,504
CAICalidus Resources1%-7%-60%-74%-18%0.2225$101,096,693
NPMNewpeak Metals0%0%0%0%0%0.001$9,145,132
FFXFirefinch0%0%0%-29%0%0.2$236,569,315
DCXDiscovex Res0%-14%-40%-65%0%0.003$9,907,704
AQXAlice Queen0%-33%-67%-88%-50%0.001$2,530,288
PNXPNX Metals0%-25%-36%-20%-29%0.003$16,141,874
YRLYandal Resources0%3%-39%-62%-7%0.091$14,517,883
CAZCazaly Resources0%-7%-33%-30%-18%0.028$10,039,188
ERMEmmerson Resources0%-1%-11%-46%-3%0.073$40,308,524
GMRGolden Rim Resources0%-6%-39%-68%-3%0.03$17,156,063
WCNWhite Cliff Min0%-17%-60%-62%-29%0.01$7,840,544
MCTMetalicity0%-17%-38%-57%-17%0.0025$7,009,079
CTOCitigold Corp0%0%-17%-38%-17%0.005$14,168,295
TRYTroy Resources0%0%0%0%0%0.0295$62,920,961
CGNCrater Gold Min0%0%0%0%0%0.014499$17,965,037
SVGSavannah Goldfields0%-13%-31%-28%-13%0.165$31,159,992
ADVArdiden0%0%0%-46%0%0.007$18,818,347
MTHMithril Resources0%-33%-60%-80%-43%0.002$3,263,090
RMXRed Mount Min0%-27%-33%-50%-20%0.004$9,087,404
NMLNavarre Minerals0%-18%-35%-68%-24%0.031$43,583,495
MEUMarmota0%-17%-21%-16%-23%0.037$42,352,023
RMLResolution Minerals0%-25%-40%-65%-25%0.006$6,478,477
AL8Alderan Resource0%0%-22%-63%0%0.007$4,047,863
GMNGold Mountain0%-20%-33%-60%-43%0.004$7,879,730
HMGHamelingold0%-14%-44%-44%-38%0.09$9,900,000
TBATombola Gold0%0%-26%-28%0%0.026$33,129,243
FMLFocus Minerals0%0%38%-28%-29%0.18$48,714,970
GSRGreenstone Resources0%-19%-69%-46%-34%0.021$25,361,258
HRNHorizon Gold0%-12%-9%-29%-3%0.3$37,554,492
RDNRaiden Resources0%0%-41%-58%0%0.005$7,445,621
EMUEMU NL0%-50%-68%-84%-59%0.002$2,900,043
SFMSanta Fe Minerals0%-9%-20%-60%-15%0.068$4,951,678
X64Ten Sixty Four0%-2%-7%-33%-11%0.57$130,184,182
RVRRed River Resources0%0%-21%-68%0%0.073$37,847,908
TMZThomson Res0%-38%-79%-90%-74%0.005$4,349,755
WMCWiluna Mining Corp0%0%0%-74%0%0.205$74,238,031
REDRed 50%-21%-43%-64%-34%0.135$433,584,795
RDSRedstone Resources0%0%11%0%25%0.01$7,368,324
CXUCauldron Energy0%-13%-44%-60%0%0.007$7,452,544
ALYAlchemy Resource0%-12%-35%25%-35%0.015$17,671,144
LCYLegacy Iron Ore0%20%-10%-5%-5%0.018$115,322,872
ZAGZuleika Gold0%-21%-38%-59%-38%0.013$6,799,658
GMLGateway Mining0%-18%-49%-62%-23%0.046$13,050,344
XAMXanadu Mines0%3%-2%14%10%0.032$54,048,198
CHZChesser Resources0%0%14%-22%6%0.09$54,151,324
ARNAldoro Resources0%13%-8%-32%38%0.22$26,534,394
DTRDateline Resources0%-41%-79%-79%-49%0.019$11,151,891
NESNelson Resources.0%-17%-62%-66%-29%0.005$2,942,972
TLMTalisman Mining0%-13%-7%-18%-4%0.135$25,344,832
BEZBesragoldinc0%-9%13%-47%-23%0.04$14,154,476
OAUOra Gold0%-58%-56%-78%-50%0.0025$11,810,775
DEXDuke Exploration0%0%10%-72%0%0.053$5,587,240
AYMAustralia United Min0%-25%-50%-40%0%0.003$5,527,732
ANLAmani Gold0%0%0%-50%0%0.001$24,693,441
PNTPanthermetals0%-32%-32%-41%-35%0.13$3,690,000
BGLBellevue Gold-1%-1%52%23%-1%1.1225$1,275,910,992
SFRSandfire Resources-1%-10%48%8%4%5.645$2,540,319,120
TCGTuraco Gold-2%-3%21%-40%9%0.063$27,801,583
GULGullewa-2%8%-8%-18%-7%0.056$10,963,294
SPQSuperior Resources-2%-10%-4%10%-4%0.054$88,463,462
IDAIndiana Resources-2%-7%-22%-12%-5%0.052$26,563,855
AUCAusgold-2%0%14%4%4%0.049$101,473,727
TIETietto Minerals-2%-15%12%0%-20%0.5675$630,765,944
AMIAurelia Metals-2%-11%-54%-78%-18%0.1025$142,305,280
PGDPeregrine Gold-2%-2%-31%-11%8%0.415$15,633,347
MKGMako Gold-3%-3%-39%-58%-3%0.039$17,922,752
MATMatsa Resources-3%-17%-7%-33%5%0.039$16,068,180
STKStrickland Metals-3%16%-24%-34%-8%0.037$60,642,222
LM8Lunnonmetals-3%-4%3%-2%2%0.91$104,382,321
NXMNexus Minerals-3%-15%-23%-60%-18%0.165$56,954,329
NWMNorwest Minerals-3%-48%-30%-52%-39%0.033$7,107,436
ORNOrion Minerals-3%-9%-11%-36%0%0.016$71,330,245
HAWHawthorn Resources-3%-13%-9%9%-24%0.087$28,643,835
BCNBeacon Minerals-3%4%22%-22%0%0.028$105,189,509
GMDGenesis Minerals-3%-14%-6%-38%-22%0.98$417,182,574
AZSAzure Minerals-4%-14%29%-29%20%0.27$105,363,739
KNBKoonenberrygold-4%-12%-40%-44%-15%0.053$4,015,092
S2RS2 Resources-4%-16%-13%-21%-24%0.13$55,362,355
ENREncounter Resources-4%-7%-10%-16%-28%0.13$44,440,723
PNRPantoro-4%-15%-74%-83%-48%0.05$102,282,183
AGCAGC-4%-12%-29%-45%-17%0.05$4,900,000
CDRCodrus Minerals-4%-21%27%-14%-27%0.095$3,840,850
ASOAston Minerals-4%25%25%-27%38%0.11$108,012,501
HAVHavilah Resources-4%-11%-8%86%-2%0.325$98,158,155
LEXLefroy Exploration-4%-10%-27%-32%-17%0.215$34,498,470
WRMWhite Rock Min-5%-2%-27%-69%-5%0.063$17,373,121
BYHBryah Resources-5%-16%-28%-54%-19%0.021$5,625,069
PURPursuit Minerals-5%-28%50%5%31%0.021$26,119,519
SXGSouthern Cross Gold-5%-12%82%0%-24%0.61$53,446,449
VKAViking Mines-5%-9%25%-9%0%0.01$10,252,584
TTMTitan Minerals-5%-13%7%-43%-10%0.06$80,442,572
MEGMegado Minerals-5%-7%-53%-50%-11%0.04$5,436,111
CBYCanterbury Resources-5%-2%14%-43%-2%0.04$5,760,941
EVNEvolution Mining-5%-12%28%-42%-13%2.605$4,991,244,388
AAJAruma Resources-5%-14%-12%-30%8%0.057$9,260,729
CSTCastile Resources-5%-6%-25%-47%-5%0.09$22,013,121
CHNChalice Mining-5%-2%54%-11%-3%6.125$2,266,212,108
MVLMarvel Gold-6%-19%-45%-62%-35%0.017$13,396,793
SRNSurefire Rescs NL-6%13%13%31%42%0.017$28,464,543
KCCKincora Copper-6%-3%-3%-55%-7%0.068$8,228,958
MRZMont Royal Resources-6%-23%-35%-41%-6%0.165$13,011,707
MXRMaximus Resources-6%-11%-31%-48%-18%0.033$10,847,896
IPTImpact Minerals-6%-11%7%-25%14%0.008$19,850,964
KRMKingsrose Mining-6%-3%25%-15%-2%0.064$46,656,644
HCHHot Chili-6%2%-25%-34%0%0.875$103,917,329
VANVango Mining-6%-2%24%21%27%0.047$59,217,069
AWJAuric Mining-6%-27%-42%-48%-28%0.046$6,019,541
LCLLos Cerros-6%-22%2%-72%-47%0.03$20,896,227
TSOTesoro Gold-6%11%-13%-63%-17%0.03$31,605,377
BTRBrightstar Resources-6%-29%-6%-44%-12%0.015$10,778,675
NVANova Minerals-6%-28%-43%-28%-35%0.445$89,628,155
G50Gold50-6%16%57%-8%-12%0.22$12,527,460
A8GAustralasian Metals-6%-26%-51%-68%-24%0.145$5,969,722
RNDRand Mining-6%-8%-9%-17%-4%1.3$73,938,749
VMCVenus Metals Cor-7%-3%-20%-22%4%0.14$24,931,016
MAUMagnetic Resources-7%-1%-32%-53%-21%0.68$156,068,419
SMISantana Minerals-7%-11%-3%40%13%0.74$101,168,767
SMSStarminerals-7%-7%-30%-69%-10%0.065$1,959,217
DREDreadnought Resources-7%-29%-43%67%-38%0.065$214,092,334
MLSMetals Australia-7%-25%-24%-52%-15%0.038$23,674,411
BBXBBX Minerals-7%-17%79%-11%19%0.125$58,886,577
ANXAnax Metals-7%-9%-5%-33%17%0.062$27,020,059
AAUAntilles Gold-8%-3%-23%-50%23%0.037$19,492,425
OKROkapi Resources-8%-12%-48%-49%0%0.15$23,947,109
KALKalgoorliegoldmining-8%-19%-63%-64%-30%0.058$4,800,945
SKYSKY Metals-8%-10%-25%-44%-6%0.045$16,955,256
TMXTerrain Minerals-8%-8%-21%-21%-8%0.0055$5,415,997
ADTAdriatic Metals-8%8%58%62%12%3.52$753,523,928
ASRAsra Minerals-8%-27%-56%-61%-45%0.011$14,671,187
NAENew Age Exploration-8%-21%-54%-54%-21%0.0055$8,615,393
VRCVolt Resources-8%-8%-61%-8%-27%0.011$43,333,663
SI6SI6 Metals-8%10%-31%-45%-8%0.0055$8,224,670
AM7Arcadia Minerals-9%-2%-23%-7%5%0.215$10,040,047
SVYStavely Minerals-9%-26%17%-55%-23%0.1875$55,445,282
ADNAndromeda Metals-9%0%-19%-78%-5%0.042$127,510,346
AQIAlicanto Min-9%-7%-13%-57%-2%0.042$19,633,399
MI6Minerals260-9%5%11%-37%-7%0.315$68,200,000
ZNCZenith Minerals-9%-11%-31%-37%-23%0.205$72,099,739
PRXProdigy Gold NL-9%-17%-5%-58%-17%0.01$17,478,828
BC8Black Cat Syndicate-9%-4%4%-41%-1%0.35$94,483,943
NAGNagambie Resources-9%-17%-38%-4%-24%0.05$27,320,384
LRLLabyrinth Resources-9%-41%-55%-77%-41%0.01$9,594,873
ICGInca Minerals-9%-5%-50%-78%-13%0.02$9,657,067
KWRKingwest Resources-9%-26%-40%-83%-17%0.029$8,170,078
RDTRed Dirt Metals-9%-20%-51%-28%-24%0.3625$162,391,234
DTMDart Mining NL-10%-14%-59%-53%-31%0.038$5,913,581
GSNGreat Southern-10%-14%-47%-60%-34%0.019$12,606,633
DCNDacian Gold-10%-13%-5%-65%-16%0.084$102,211,279
MTCMetalstech-10%-24%4%40%-29%0.37$70,045,188
BNRBulletin Res-10%-22%-33%-36%-3%0.09$26,423,199
KINKIN Min NL-10%-12%-38%-54%-31%0.045$53,016,775
EM2Eagle Mountain-10%-13%-29%-67%3%0.175$51,844,367
FEGFar East Gold-11%-27%-54%0%-41%0.285$39,163,981
G88Golden Mile Res-11%-21%-50%-74%-21%0.016$3,068,846
KAIKairos Minerals-11%-24%-60%-33%-30%0.016$31,425,496
IGOIGO-11%-13%-13%4%-9%12.255$9,170,513,215
GRLGodolphin Resources-11%-39%-35%-63%-34%0.055$6,510,320
CDTCastle Minerals-11%-15%-37%-61%-7%0.0195$24,738,846
PGOPacgold-12%-8%-38%-54%-6%0.34$18,687,017
EMCEverest Metals Corp-12%-16%-25%-46%-5%0.075$7,982,483
BMOBastion Minerals-12%-42%-67%-82%-12%0.03$4,513,883
LYNLycaonresources-12%-31%-47%-47%-33%0.185$6,089,969
KTAKrakatoa Resources-12%-36%-57%-33%-34%0.029$9,651,878
PRSProspech-13%-25%-38%-56%-28%0.021$2,119,166
BGDBartongoldholdings-13%-5%40%-13%5%0.21$18,129,950
BATBattery Minerals-13%-13%-22%-61%-13%0.0035$10,273,348
MOMMoab Minerals-13%-22%-75%-75%-22%0.007$4,773,744
HMXHammer Metals-13%-27%0%-44%-19%0.055$45,177,404
SNGSiren Gold-13%-23%-54%-67%-47%0.096$14,097,175
TRMTruscott Mining Corp-13%-68%12%47%15%0.047$7,856,382
MEIMeteoric Resources-13%-23%669%567%89%0.1$138,997,908
MRRMinrex Resources-13%-16%-54%-55%-19%0.026$28,206,555
SAUSouthern Gold-14%-21%-46%-65%-24%0.019$6,005,706
HRZHorizon-14%-30%-39%-62%-28%0.044$27,405,233
M2RMiramar-14%-36%-52%-69%-38%0.05$3,534,087
GBRGreatbould Resources-14%-1%-15%-45%-7%0.085$37,062,987
FAUFirst Au-14%-25%-57%-67%-25%0.003$3,284,350
OZMOzaurum Resources-14%-42%-62%-62%-36%0.042$6,096,000
GSMGolden State Mining-15%-21%-29%-56%-21%0.034$4,095,497
HXGHexagon Energy-15%-35%-35%-78%-35%0.011$5,898,533
GBZGBM Rsources-16%-20%-37%-76%-31%0.0295$16,320,202
TGMTheta Gold Mines-16%-11%-8%-58%-13%0.059$39,616,581
RGLRiversgold-16%-27%-58%-51%-47%0.016$15,127,483
MM8Medallion Metals.-16%-25%-40%-57%-32%0.105$14,695,281
WA8Warriedarresour-16%-32%-13%-28%-24%0.13$64,658,822
NMRNative Mineral Res-16%-18%-67%-74%-49%0.056$6,727,769
MHCManhattan Corp-17%-29%-38%-62%-9%0.005$8,773,307
XTCXantippe Res-17%0%-44%-17%0%0.005$52,900,498
MDIMiddle Island Res-17%-20%-40%-64%5%0.04$4,896,729
M24Mamba Exploration-17%-46%-39%-29%-31%0.1$6,708,167
MKRManuka Resources.-17%-38%-64%-81%-36%0.054$32,179,298
KZRKalamazoo Resources-18%-20%-47%-53%-33%0.14$21,723,809
ICLIceni Gold-18%-22%-14%-29%3%0.082$10,255,714
THRThor Energy PLC-18%-25%-57%-68%-25%0.0045$7,390,564
A1GAfrican Gold .-18%-20%5%-53%-14%0.071$12,021,096
GEDGolden Deeps-20%-20%-43%-20%-11%0.008$9,241,814
AVMAdvance Metals-20%-11%-33%-47%-20%0.008$4,656,353
SLZSultan Resources-21%-21%-54%-71%-46%0.046$4,580,641
BM8Battery Age Minerals-21%-29%-29%-11%-29%0.355$27,089,629
GALGalileo Mining-22%-30%-56%173%-36%0.56$110,669,959
CYLCatalyst Metals-24%-31%-19%-44%-17%0.9775$147,254,044
SIHSihayo Gold-25%50%-40%-77%-25%0.0015$9,153,192
PKOPeako-25%-36%-63%-44%-38%0.009$3,792,153
CLZClassic Min-25%-70%-92%-99%-84%0.0015$3,307,654
CY5Cygnus Metals-26%-25%6%47%-34%0.25$50,565,408
ARVArtemis Resources-27%-48%-70%-84%-56%0.011$18,737,020
AVWAvira Resources-33%-33%-56%-67%-33%0.002$4,267,580
CODECOMPANY1 WEEK RETURN %1 MONTH RETURN %6 MONTH RETURN %1 YEAR RETURN %YEAR TO DATE RETURN %PRICEMARKET CAP
GWRGWR Group75%93%33%-29%86%0.11$35,333,832

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Original Article: https://www.nxtmine.com/companies/tsx-ssrm-gold-digger-will-bank-collapses-usher-in-a-new-gold-bull-market/