The junior resource stocks we’ve discovered have generated stellar returns year to date
SmallCapPower | May 30, 2019: Today we have dug up three junior resource stocks with the best stock-price performances year to date. The selected stocks have a market capitalization in the range of $1 million to $30 million.
*Market caps based on the closing price on May 23, 2019.
Graphite Energy Corp. (CSE:GRE) – $0.63
Graphite Energy is a mineral exploration company focused on resources, such as graphite, which support the green energy revolution. The Company’s current property comprises 1,824 acres located in a region that has historically been graphite rich in Quebec, Canada. Graphite Energy aims to establish a mineral resource estimate on its current property and to also expand its property portfolio within metal sectors that support and have demand within the green technology sector.
- Year-to-date price change: 2,000%
- Market Cap: $1.8 Million
Macarthur Minerals Limited (TSXV:MMS) – $0.09
Macarthur Minerals Limited is an iron ore development company focused on bringing into production its sizeable, 100% owned, Moonshine Magnetite and Ularring Hematite Iron Ore Projects in Western Australia. Macarthur Minerals also has prominent (~1,130 sq. km tenement area) exploration interests in gold, lithium, nickel, cobalt in the Pilbara region of Western Australia. In addition, Macarthur Minerals has lithium brine claims in the emerging Railroad Valley region in Nevada, USA Nitinat Minerals Corporation. On April 16, 2019, the Company announced that a subsidiary of Glencore plc has agreed to participate in the US$6 million secured Convertible Note on a private placement basis for US$2 million. Glencore is one of the world’s largest globally-diversified natural resource companies and a major producer and marketer of commodities, comprised of about 150 mining and metallurgical sites, oil production assets and agricultural facilities.
- Year-to-date price change: 200%
- Market Cap: $28.5 Million
Strategic Resources Inc. (TSXV:STI) – $0.62
Strategic Resources is a Canada-based company, which is in the process of exploring and evaluating its mineral property. Strategic is in the business of mineral exploration and production in Canada and the U.S. The U.S. segment is responsible for mineral exploration and production activities in the United States. The Canadian segment is responsible for the Canadian mineral exploration and production activities. The Company’s Gallinas Mountains Rare Earth Project is located in Lincoln County, New Mexico.
- Year-to-date price change: 169.6%
- Market Cap: $5.7 Million
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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