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Gold Digger: Victor Smorgon’s gold exposure led to strong March gains. These are the ASX stocks in its portfolio

Which ASX gold stocks does fund manager Victor Smorgon like? The kind of gold stocks that easily beat the ASX … Read More
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This article was originally published by Stockhead
  • Fundie Victor Smorgon says strong emphasis on gold stocks in Global Multi-Strategy Fund led to a 3.4% return in March
  • Smorgon’s gold stock picks returned 16.8% for the month
  • Favourites include Westgold, Ramelius, Northern Star, Newcrest and Red 5

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

 

Melbourne based fund manager Victor Smorgon says a strong emphasis on gold stocks in its Global Multi-Strategy Fund led to a 3.4% return to investors in March.

This result — better than the ASX 200 (down 0.16%) and the Dow (up 1.89%) — represents a return to form for the fund, which fell 5.6% in February.

Smorgon’s gold stock picks returned 16.8% for the month as markets began to price in the effects of an easing in the Fed’s interest rate hiking cycle.

“Declining bond yields and slowing economic growth acted as a tailwind for the gold price, with the precious metal breaching the key US$2,000/oz level intra-month,” says Peter Edwards, executive chair of Victor Smorgon Partners and co-CIO of the fund, and Joseph Sitch co-CIO.

“There was broad-based buying across gold equities, with the USD gold price increasing by 7.8% throughout the month.”

 

Which ASX gold stocks does Victor Smorgon like?

At the portfolio level, performance was driven by exposures to resurgent mid-cap producers Westgold Resources (WGX) and Ramelius Resources (RMS).

Westgold, up almost 68% year to date, and Ramelius, up more than 50% YTD, are producers in the 250,000ozpa range who struggled with costs, labour and Covid last year.

But they trade at around half of the EV/oz of the majors and “are expected to release strong March quarter results over the coming weeks,” say Edwards and Sitch.

Large-cap gold producer Northern Star (ASX:NST) also performed strongly in March, attributing 0.43% to overall fund performance.

The gold portfolio also has exposure to 2Mozpa takeover target Newcrest (ASX:NCM).

“Newcrest is the target of an acquisition by US gold giant, Newmont Mining, at a valuation of $29.4b,” say Edwards and Sitch.

This represents a 46.4% premium to its valuation before the first offer was made.”

 

Red 5 ‘has significant upside value’

On the smaller side is Red 5 (ASX:RED), which announced record monthly production of 17,550 ounces (210,600 ounces per annum on a run-rate basis) at its King of the Hills gold mining operation.

This was met with a positive response by the market, say Edwards and Sitch.

It expects to deliver 95,000-105,000oz at $1750-1950/oz over the latter half of FY23.

The company was pummelled in Feb after returning to equity markets for the second time in under six months, but it has staged a recovery since then.

“At the time of writing, the company is trading at $0.18/share,” say Edwards and Sitch.

“We believe the company has significant upside value above the current share price.”

 

Stubbornly high inflation stunting gold’s run

“Inflation is not slowing enough for gold to make that record run,” OANDA senior analyst Ed Moya said yesterday.

“Gold prices initially rallied after Wall Street saw consumer prices post the slowest rise since May 2021.

“This inflation report is promising for disinflation trends but it doesn’t mean the Fed’s tightening work is done.

“Gold’s bullish outlook remains intact, but it seems prices may be stuck in a consolidation phase until we have a clearer outlook for the economy.”

Gold was paying ~US$2026/oz at 9pm EST Thursday. Silver was also sitting pretty at US$25.61/oz.

USD gold price over the past 12 months.

 

How did precious metals stocks perform yesterday?

Like Wednesday, most stocks above $1bn market cap finished flat or eked out a small win.

All up, 75 stocks on our list went up, 76 went down, and 122 stayed the same.

 

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 THURSDAY RETURN % 1 WEEK RETURN % YTD RETURN % 12 MONTH RETURN % PRICE MARKET CAP
CLZ Classic Min Ltd 50% -25% -84% -99% 0.0015 $3,093,095
TG1 Techgen Metals Ltd 32% 43% 6% -40% 0.087 $4,244,535
PUA Peak Minerals Ltd 25% 25% -17% -72% 0.005 $4,165,506
MTH Mithril Resources 25% 25% -29% -77% 0.0025 $6,526,180
REZ Resourc & En Grp Ltd 23% 0% 0% -64% 0.016 $6,497,475
WCN White Cliff Min Ltd 23% 14% -43% -73% 0.008 $5,096,354
SI6 SI6 Metals Limited 22% 10% -8% -39% 0.0055 $6,729,276
NMR Native Mineral Res 18% 18% -64% -81% 0.04 $4,084,717
DRE Dreadnought Resources Ltd 16% 22% -26% 77% 0.078 $221,952,791
HMG Hamelingoldlimited 16% 26% -24% -27% 0.11 $10,450,000
ARV Artemis Resources 15% 15% -40% -79% 0.015 $20,298,439
NSM Northstaw 15% 0% -3% -46% 0.15 $15,616,510
AVW Avira Resources Ltd 14% 33% 33% -33% 0.004 $7,468,265
KTA Krakatoa Resources 11% 15% -30% -73% 0.031 $9,651,878
SKY SKY Metals Ltd 10% 38% 15% -45% 0.055 $18,839,174
MRZ Mont Royal Resources 10% 5% -34% -69% 0.115 $7,190,680
GBR Greatbould Resources 9% 8% 8% -21% 0.098 $40,406,847
HXG Hexagon Energy 8% 8% -24% -69% 0.013 $6,154,991
VMC Venus Metals Cor Ltd 8% 5% 48% 3% 0.2 $32,944,556
MKG Mako Gold 8% 5% 8% -51% 0.043 $18,866,054
MEI Meteoric Resources 7% -2% 112% 603% 0.1125 $182,083,869
LCY Legacy Iron Ore 7% 0% -21% -44% 0.015 $89,695,567
LRL Labyrinth Resources 7% 36% -12% -63% 0.015 $13,432,823
TGM Theta Gold Mines Ltd 7% 6% 10% -52% 0.075 $43,400,635
GED Golden Deeps 7% 0% -11% -58% 0.008 $8,664,200
CDT Castle Minerals 7% -20% -24% -71% 0.016 $16,867,395
SBR Sabre Resources 7% -4% -37% -66% 0.024 $6,558,439
RDT Red Dirt Metals Ltd 6% 15% -14% -22% 0.41 $171,366,384
ADT Adriatic Metals 6% 0% 18% 47% 3.73 $780,456,306
BNZ Benzmining 6% 4% 4% -36% 0.425 $29,221,920
PUR Pursuit Minerals 6% 6% 13% -42% 0.018 $43,912,431
RDN Raiden Resources Ltd 5% 5% -16% -71% 0.004 $6,287,413
CPM Coopermetalslimited 5% 16% 36% -19% 0.32 $12,533,975
AAR Astral Resources NL 5% 6% 21% -16% 0.087 $55,229,028
GSN Great Southern 5% 10% -24% -63% 0.022 $13,933,647
KAI Kairos Minerals Ltd 5% 5% -4% -24% 0.022 $41,245,963
PNM Pacific Nickel Mines 5% 10% 7% -19% 0.089 $32,300,360
KIN KIN Min NL 5% 10% -31% -53% 0.045 $50,660,474
MAT Matsa Resources 5% 5% 24% -34% 0.046 $18,128,203
CDR Codrus Minerals Ltd 4% 47% -4% 33% 0.125 $4,851,600
LEX Lefroy Exploration 4% 13% 0% -19% 0.26 $40,114,501
HCH Hot Chili Ltd 4% 1% 22% -24% 1.07 $123,028,562
LM8 Lunnonmetalslimited 4% 5% 31% 13% 1.17 $124,160,024
BNR Bulletin Res Ltd 4% -2% -5% -57% 0.088 $24,955,244
TTM Titan Minerals 4% 7% -12% -38% 0.059 $80,442,572
MBK Metal Bank Ltd 3% -12% -12% -50% 0.03 $8,018,080
ALK Alkane Resources Ltd 3% 13% 73% -23% 0.925 $535,919,370
S2R S2 Resources 3% 7% -9% -9% 0.155 $61,513,728
RRL Regis Resources 3% 8% 13% 5% 2.325 $1,698,808,331
GMR Golden Rim Resources 3% 6% 13% -53% 0.035 $20,114,005
LYN Lycaonresources 3% -8% -36% -57% 0.175 $5,596,188
AM7 Arcadia Minerals 3% -10% -12% -29% 0.18 $8,172,131
KCC Kincora Copper 3% 7% -1% -35% 0.072 $8,348,219
ANX Anax Metals Ltd 3% 1% 38% -30% 0.073 $29,067,033
AAU Antilles Gold Ltd 3% 0% 23% -42% 0.037 $17,543,190
TMB Tambourahmetals 2% -4% -17% -65% 0.087 $3,501,371
SFR Sandfire Resources 2% 10% 28% 27% 6.94 $3,106,865,110
DEG De Grey Mining 2% 4% 29% 32% 1.66 $2,544,702,071
NVA Nova Minerals Ltd 2% -34% -55% -63% 0.305 $63,266,933
SMS Starmineralslimited 1% 1% 1% -63% 0.073 $2,170,209
FAL Falconmetalsltd 1% 3% 32% 4% 0.37 $64,605,000
ERM Emmerson Resources 1% -4% 0% -46% 0.075 $40,308,524
CHN Chalice Mining Ltd 1% 5% 26% 14% 7.95 $2,955,110,473
TBR Tribune Res Ltd 1% 7% 0% -18% 4.03 $208,822,946
ARL Ardea Resources Ltd 1% -13% -43% -77% 0.405 $68,601,109
PRU Perseus Mining Ltd 1% 2% 16% 29% 2.44 $3,296,589,764
IGO IGO Limited 1% 3% -5% -6% 12.73 $9,526,429,088
AZS Azure Minerals 1% 7% 93% 26% 0.435 $167,801,511
GOR Gold Road Res Ltd 1% 1% 7% 13% 1.815 $1,935,766,397
CMM Capricorn Metals 1% 3% 7% 12% 4.9 $1,822,427,149
BGL Bellevue Gold Ltd 1% 9% 31% 56% 1.485 $1,659,832,978
BRB Breaker Res NL 1% 8% 55% 83% 0.495 $160,172,269
SPD Southernpalladium 1% -11% -38% 0% 0.505 $21,539,164
SLR Silver Lake Resource 1% 3% 6% -41% 1.26 $1,162,180,416
SMI Santana Minerals Ltd 1% 1% 23% 39% 0.805 $119,022,078
NST Northern Star 0% 6% 26% 27% 13.75 $15,754,252,802
MRR Minrex Resources Ltd 0% -11% -50% -77% 0.016 $17,357,880
NPM Newpeak Metals 0% 0% 0% 0% 0.001 $9,145,132
FFX Firefinch Ltd 0% 0% 0% -45% 0.2 $236,569,315
DCX Discovex Res Ltd 0% 0% 0% -61% 0.003 $9,907,704
AQX Alice Queen Ltd 0% -33% -50% -85% 0.001 $2,530,288
SLZ Sultan Resources Ltd 0% 0% -54% -75% 0.039 $4,028,091
KSN Kingston Resources 0% 10% 42% -34% 0.115 $47,800,170
PNX PNX Metals Limited 0% 0% -29% -42% 0.003 $16,141,874
TMX Terrain Minerals 0% 20% 0% -40% 0.006 $6,499,196
NXM Nexus Minerals Ltd 0% -6% -23% -54% 0.155 $50,445,263
CST Castile Resources 0% -7% -2% -45% 0.093 $22,496,926
YRL Yandal Resources 0% -4% -10% -62% 0.088 $13,886,671
FAU First Au Ltd 0% 20% 50% -60% 0.006 $6,568,700
GWR GWR Group Ltd 0% -3% 42% -46% 0.084 $26,982,199
IVR Investigator Res Ltd 0% 13% 50% -9% 0.063 $90,541,459
GTR Gti Energy Ltd 0% 13% -17% -63% 0.009 $16,132,352
IPT Impact Minerals 0% 9% 71% -5% 0.012 $29,776,447
MOH Moho Resources 0% 0% -24% -72% 0.016 $3,322,595
BBX BBX Minerals Ltd 0% 16% -5% -17% 0.1 $50,572,148
MVL Marvel Gold Limited 0% -6% -35% -63% 0.017 $11,986,604
PRX Prodigy Gold NL 0% 9% 0% -39% 0.012 $20,974,594
RND Rand Mining Ltd 0% -5% -2% -13% 1.33 $75,645,028
CAZ Cazaly Resources 0% 0% -21% -34% 0.027 $10,039,188
BMR Ballymore Resources 0% 10% 7% -20% 0.16 $15,410,793
KAL Kalgoorliegoldmining 0% 0% -40% -69% 0.05 $3,876,051
SIH Sihayo Gold Limited 0% 0% 0% -60% 0.002 $12,204,256
WA8 Warriedarresourltd 0% -4% -21% -4% 0.135 $58,192,940
WRM White Rock Min Ltd 0% 0% -5% -69% 0.063 $17,373,121
CTO Citigold Corp Ltd 0% 0% 0% -25% 0.006 $17,241,955
M2R Miramar 0% 0% -45% -75% 0.044 $3,437,357
MHC Manhattan Corp Ltd 0% 0% -9% -64% 0.005 $14,681,393
GRL Godolphin Resources 0% 0% -22% -48% 0.065 $7,694,014
TRY Troy Resources Ltd 0% 0% 0% 0% 0.0295 $62,920,961
CGN Crater Gold Min Ltd 0% 0% 0% 0% 0.014499 $17,965,037
SVG Savannah Goldfields 0% 3% -13% -31% 0.165 $31,159,992
EMC Everest Metals Corp 0% -3% -13% -51% 0.069 $7,343,885
GUL Gullewa Limited 0% 0% -8% -23% 0.055 $10,767,521
G50 Gold50Limited 0% -5% -20% -17% 0.2 $11,388,600
ADV Ardiden Ltd 0% 0% 14% -38% 0.008 $21,506,683
VKA Viking Mines Ltd 0% 0% 10% 0% 0.011 $11,277,843
LCL Los Cerros Limited 0% 0% -49% -73% 0.029 $23,034,829
ADG Adelong Gold Limited 0% 27% 100% -53% 0.014 $7,473,512
RMX Red Mount Min Ltd 0% 0% -20% -58% 0.004 $9,087,404
XTC Xantippe Res Ltd 0% 0% -20% -69% 0.004 $42,320,399
NML Navarre Minerals Ltd 0% -3% -20% -62% 0.033 $49,595,012
MAU Magnetic Resources 0% -3% -21% -53% 0.68 $156,068,419
EM2 Eagle Mountain 0% 3% -12% -65% 0.15 $45,745,029
MEU Marmota Limited 0% 3% -17% -13% 0.04 $42,352,023
DCN Dacian Gold Ltd 0% 4% -20% -71% 0.08 $97,344,075
SVL Silver Mines Limited 0% 2% 23% 2% 0.245 $343,984,813
PGD Peregrine Gold 0% -5% 0% -19% 0.385 $18,513,598
ICL Iceni Gold 0% 4% -13% -36% 0.07 $8,973,750
FG1 Flynngold 0% 16% -6% -42% 0.094 $9,670,112
AL8 Alderan Resource Ltd 0% 14% 14% -67% 0.008 $4,859,271
GMN Gold Mountain Ltd 0% 17% -50% -50% 0.0035 $6,894,764
MEG Megado Minerals Ltd 0% -2% -7% -62% 0.042 $6,008,333
TBA Tombola Gold Ltd 0% 0% 0% -43% 0.026 $33,129,243
FML Focus Minerals Ltd 0% -3% -25% -22% 0.19 $54,446,143
VRC Volt Resources Ltd 0% 10% -27% -42% 0.011 $43,333,663
HRN Horizon Gold Ltd 0% 0% 10% -18% 0.34 $42,561,758
CLA Celsius Resource Ltd 0% 0% -6% -40% 0.015 $28,090,775
QML Qmines Limited 0% -3% -9% -50% 0.15 $13,531,355
TCG Turaco Gold Limited 0% -3% 17% -38% 0.068 $29,084,733
DTM Dart Mining NL 0% 9% 36% -6% 0.075 $11,671,542
AUC Ausgold Limited 0% 4% 13% -32% 0.053 $107,562,151
EMU EMU NL 0% 0% -59% -87% 0.002 $2,900,043
SFM Santa Fe Minerals 0% 0% -25% -50% 0.06 $4,369,127
X64 Ten Sixty Four Ltd 0% 0% -11% -36% 0.57 $130,184,182
BGD Bartongoldholdings 0% -2% 15% -2% 0.23 $19,856,612
KWR Kingwest Resources 0% 3% 0% -78% 0.035 $9,860,439
AGC AGC Ltd 0% 0% -8% -35% 0.055 $5,500,000
RVR Red River Resources 0% 0% 0% -68% 0.073 $37,847,908
RGL Riversgold 0% 0% -50% -79% 0.015 $14,182,016
OKR Okapi Resources 0% 0% -10% -67% 0.135 $24,784,085
CBY Canterbury Resources 0% -8% -15% -46% 0.035 $5,058,324
TMZ Thomson Res Ltd 0% 0% -74% -90% 0.005 $4,349,755
TAM Tanami Gold NL 0% -3% 0% -35% 0.039 $45,828,785
WMC Wiluna Mining Corp 0% 0% 0% -73% 0.205 $74,238,031
IDA Indiana Resources 0% 0% -9% -21% 0.05 $25,135,241
GSM Golden State Mining 0% 6% -16% -60% 0.036 $4,212,511
THR Thor Energy PLC 0% 13% -25% -72% 0.0045 $6,642,508
BAT Battery Minerals Ltd 0% -17% 25% -44% 0.005 $14,676,212
POL Polymetals Resources 0% -5% -27% 50% 0.18 $8,132,885
RDS Redstone Resources 0% 0% 0% -38% 0.008 $5,894,659
NAG Nagambie Resources 0% -11% -39% -18% 0.04 $21,427,752
KAU Kaiser Reef 0% 0% 9% -18% 0.18 $25,505,583
HRZ Horizon 0% 22% -2% -54% 0.06 $41,819,021
MXR Maximus Resources 0% 5% 5% -44% 0.042 $13,400,342
CXU Cauldron Energy Ltd 0% 0% 0% -64% 0.007 $6,520,981
ALY Alchemy Resource Ltd 0% -6% -35% -12% 0.015 $17,671,144
OBM Ora Banda Mining Ltd 0% 15% 79% 188% 0.15 $241,632,137
ZAG Zuleika Gold Ltd 0% 0% -38% -59% 0.013 $6,799,658
SBM St Barbara Limited 0% 0% -17% -56% 0.645 $526,669,361
SAU Southern Gold 0% -5% -16% -60% 0.021 $6,305,991
CEL Challenger Exp Ltd 0% 0% -6% -48% 0.165 $172,696,981
ARN Aldoro Resources 0% -3% 13% -33% 0.18 $20,324,217
A8G Australasian Metals 0% 6% -8% -64% 0.175 $7,204,836
NES Nelson Resources. 0% 50% -14% -61% 0.006 $3,531,566
RMS Ramelius Resources 0% 8% 56% 1% 1.45 $1,266,210,573
PKO Peako Limited 0% 0% -38% -50% 0.009 $4,236,583
ICG Inca Minerals Ltd 0% 0% -22% -86% 0.018 $8,703,261
OAU Ora Gold Limited 0% 0% -50% -75% 0.0025 $9,842,313
GNM Great Northern 0% 0% -25% -50% 0.003 $5,127,153
KRM Kingsrose Mining Ltd 0% 10% 5% -15% 0.068 $51,171,803
BTR Brightstar Resources 0% -19% -24% -58% 0.013 $10,824,175
TRM Truscott Mining Corp 0% 0% 15% 2% 0.047 $7,856,382
DEX Duke Exploration 0% 0% 0% -67% 0.053 $5,587,240
MOM Moab Minerals Ltd 0% 0% -22% -75% 0.007 $4,773,744
KNB Koonenberrygold 0% 0% -3% -37% 0.06 $4,545,387
SNG Siren Gold 0% 11% -42% -72% 0.105 $14,097,175
STN Saturn Metals 0% 0% 8% -50% 0.195 $29,551,962
USL Unico Silver Limited 0% 3% 0% -28% 0.17 $42,390,719
ANL Amani Gold Ltd 0% 0% 0% 0% 0.001 $24,693,441
HAV Havilah Resources 0% 3% -9% 58% 0.3 $94,991,763
PNT Panthermetalsltd 0% -13% -44% -54% 0.105 $3,228,750
GMD Genesis Minerals 0% 0% -12% -40% 1.1 $456,618,702
FEG Far East Gold 0% -8% -41% 2% 0.285 $43,618,740
ORN Orion Minerals Ltd 0% 7% -6% -38% 0.015 $81,986,412
SSR SSR Mining Inc. 0% 0% 2% -23% 23.58 $433,476,682
EVN Evolution Mining Ltd 0% 5% 18% -22% 3.52 $6,477,607,606
WAF West African Res Ltd 0% 3% -11% -21% 1.045 $1,074,756,634
CHZ Chesser Resources -1% -4% -4% -25% 0.082 $48,559,611
NCM Newcrest Mining -1% 5% 43% 6% 29.45 $26,522,883,511
KCN Kingsgate Consolid. -1% 2% -10% -14% 1.55 $394,408,984
WGX Westgold Resources. -1% 1% 68% -21% 1.47 $703,329,754
MI6 Minerals260Limited -1% 2% 31% -10% 0.445 $105,300,000
A1G African Gold Ltd. -1% -13% -4% -45% 0.08 $13,714,208
RXL Rox Resources -1% 14% 126% 5% 0.395 $89,741,704
RXL Rox Resources -1% 14% 126% 5% 0.395 $89,741,704
SXG Southern Cross Gold -1% -4% -6% 0% 0.75 $68,267,733
TIE Tietto Minerals -1% 3% 4% 46% 0.735 $810,207,980
BM8 Battery Age Minerals -1% -1% -28% -28% 0.36 $27,089,629
SVY Stavely Minerals Ltd -1% -9% -32% -62% 0.1675 $55,466,532
TUL Tulla Resources -1% 0% -1% -46% 0.33 $107,804,341
GML Gateway Mining -2% -3% -3% -52% 0.058 $15,713,679
AUT Auteco Minerals -2% 9% -2% -40% 0.05 $117,954,651
HMX Hammer Metals Ltd -2% -2% 41% -9% 0.096 $80,497,920
RSG Resolute Mining -2% 0% 140% 55% 0.48 $1,043,213,219
MGV Musgrave Minerals -2% 5% 5% -35% 0.22 $133,021,789
BC8 Black Cat Syndicate -2% -3% 24% -36% 0.44 $119,954,004
AGG AngloGold Ashanti -2% 5% 34% 25% 7.89 $721,690,819
CYL Catalyst Metals -3% -2% -19% -48% 0.96 $172,064,551
EMR Emerald Res NL -3% 12% 43% 41% 1.69 $1,030,244,706
HAW Hawthorn Resources -3% 3% -35% -32% 0.075 $25,796,202
MZZ Matador Mining Ltd -3% -9% -36% -70% 0.074 $23,956,631
RED Red 5 Limited -3% -3% -15% -57% 0.175 $578,113,060
PDI Predictive Disc Ltd -3% 6% -3% -10% 0.175 $321,413,766
DTR Dateline Resources -3% 0% -54% -86% 0.017 $11,266,842
AME Alto Metals Limited -3% -7% 0% -22% 0.067 $42,284,268
CWX Carawine Resources -3% 2% -5% -55% 0.095 $19,288,112
ENR Encounter Resources -3% 3% -17% -6% 0.15 $55,106,496
ZNC Zenith Minerals Ltd -3% -9% -45% -65% 0.145 $52,755,907
MKR Manuka Resources. -3% -5% 2% -71% 0.087 $45,252,138
PGO Pacgold -3% 4% 18% -40% 0.425 $24,183,199
AMI Aurelia Metals Ltd -3% -7% 12% -70% 0.14 $179,428,396
TSO Tesoro Gold Ltd -4% -4% -25% -65% 0.027 $29,498,352
MM8 Medallion Metals. -4% -7% -16% -54% 0.13 $31,135,390
CY5 Cygnus Metals Ltd -4% 14% -34% 52% 0.25 $48,652,295
AAJ Aruma Resources Ltd -4% 4% 40% -47% 0.074 $12,086,036
GCY Gascoyne Res Ltd -4% 14% -28% -53% 0.12 $86,704,763
ADN Andromeda Metals Ltd -4% -2% 7% -57% 0.047 $152,390,413
PRS Prospech Limited -4% 114% 68% -1% 0.045 $4,772,539
BYH Bryah Resources Ltd -4% 0% -15% -59% 0.022 $6,468,830
ASO Aston Minerals Ltd -5% -19% 31% -32% 0.105 $122,620,403
OZM Ozaurum Resources -5% 29% -5% -35% 0.063 $8,382,000
GSR Greenstone Resources -5% 0% -38% -46% 0.02 $25,361,258
NWM Norwest Minerals -5% -2% -26% -33% 0.04 $10,389,591
STK Strickland Metals -5% -5% -5% -31% 0.038 $62,197,150
CAI Calidus Resources -5% 22% 2% -72% 0.275 $127,469,744
GAL Galileo Mining Ltd -5% 0% -20% 233% 0.7 $146,242,446
BCN Beacon Minerals -6% -3% 18% -3% 0.033 $131,486,886
MTC Metalstech Ltd -6% -6% -38% 8% 0.32 $60,334,561
WWI West Wits Mining Ltd -6% 0% 0% -52% 0.016 $36,706,069
PNR Pantoro Limited -6% 9% -28% -77% 0.0695 $224,132,722
MLS Metals Australia -6% -4% -13% -74% 0.0385 $24,888,484
SRN Surefire Rescs NL -6% 7% 88% 41% 0.0225 $37,952,723
TAR Taruga Minerals -6% 0% -38% -35% 0.015 $11,296,429
XAM Xanadu Mines Ltd -6% 5% 52% 57% 0.044 $76,977,737
GBZ GBM Rsources Ltd -7% -10% -35% -77% 0.028 $16,894,817
TLM Talisman Mining -7% -7% -4% -21% 0.135 $27,222,227
AQI Alicanto Min Ltd -7% -11% -9% -61% 0.039 $18,740,972
MEK Meeka Metals Limited -7% 16% -25% 4% 0.051 $58,718,491
BMO Bastion Minerals -8% -8% -29% -86% 0.024 $4,144,701
G88 Golden Mile Res Ltd -8% 64% 13% -62% 0.023 $6,585,806
NAE New Age Exploration -8% -8% -21% -58% 0.0055 $8,615,393
KZR Kalamazoo Resources -8% 3% -21% -55% 0.165 $27,196,301
RML Resolution Minerals -8% -8% -31% -68% 0.0055 $6,478,477
ASR Asra Minerals Ltd -9% 0% -50% -63% 0.01 $16,138,305
BEZ Besragoldinc -10% 48% 342% 276% 0.23 $90,234,781
AVM Advance Metals Ltd -10% 0% -10% -44% 0.009 $5,820,441
M24 Mamba Exploration -11% 22% -17% -11% 0.12 $8,232,751
SPQ Superior Resources -12% -25% -21% 5% 0.044 $85,061,021
AWJ Auric Mining -13% -15% -14% -36% 0.055 $8,244,154
MDI Middle Island Res -14% -14% -18% -75% 0.031 $4,407,056
GIB Gibb River Diamonds -18% 11% -17% -19% 0.05 $12,902,076
MCT Metalicity Limited -20% 0% -33% -65% 0.002 $8,761,348
AYM Australia United Min -25% -25% 0% -50% 0.003 $7,370,310


The post Gold Digger: Victor Smorgon’s gold exposure led to strong March gains. These are the ASX stocks in its portfolio appeared first on Stockhead.





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