Top Canadian Gold Stocks During the Past Three Months

The Canadian gold stocks on our list have delivered price appreciation of between 20%-615% over the past three months

SmallCapPower | August 22, 2017: Today we have identified five Canadian gold stocks that delivered price appreciation of between 20%-615% over the past three months. To avoid low-base effect of penny gold stocks, we have taken stocks above $1 for the purpose, with market caps ranging between $80 million and $3.0 billion. With recent global sell-off in equity markets amid concerns of nuclear threat from North Korea, the yellow metal continues to surge on safe haven buying and currently trades ($1,293/oz) near its yearly high of $1,295/oz reached in June 2017.

Related: Secova Metals (TSXV: SEK) Windfall Lake Area Project Brings it New Life, Says Ubika Research

Novo Resources Corp (TSXV: NVO)

Novo Resources Corporation is focused primarily on exploring gold at its Pilbara project in the Karratha Region, Western Australia. Novo also holds a 100% interest in the AU-Ag Tuscarora project in Elko, Nevada.

  • Current Price: $5.44
  • Market cap: $649 million
  • 3 month price change: 615.8%

 

GT Gold Corp (TSXV: GTT)

GT Gold Corp. is focused on exploring for gold in the geologically fertile terrain of British Columbia’s Golden Triangle. The Company’s flagship asset is the wholly-owned Tatogga property, located off Highway 37 in northern B.C., upon which it has developed, from grass-roots exploration in the period since 2011, the Saddle gold prospect.

  • Current Price: $1.66
  • Market cap: $132 million
  • 3 month price change: 331.2%

Euro Sun Mining Inc. (TSX: ESM)

Euro Sun Mining Inc. is focused primarily on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The property hosts 10.84 million gold equivalent ounces (7.19 million ounces of gold grading 0.55 g/t and  1,420 million pounds of copper grading 0.16%), making it the second largest gold deposit in Europe.

  • Current Price: $1.65
  • Market cap: $83 million
  • 3 month price change: 142.6%

Kirkland Lake Gold Ltd. (TSX: KL)

Kirkland Lake Gold Ltd. is a mid-tier gold producer targeting 570,000 – 590,000 ounces in Tier 1 mining jurisdictions of Canada and Australia. The production profile of the Company is anchored by three high-grade, low-cost operations, the Macassa Mine and the Taylor Mine, located in Northeastern Ontario, and the Fosterville Mine located in the state of Victoria, Australia.

  • Current Price: $14.64
  • Market cap: $3.0 billion
  • 3 month price change: 44.7%

Premier Gold Mines Limited (TSX: PG)

Premier Gold Mines Limited is a gold producer with a pipeline of precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the U.S., and Mexico. The Company remains focused on creating a low-cost, mid-tier gold producer through its two producing gold mines; South Arturo and Mercedes, and through future mine development opportunities at McCoy-Cove in Nevada and Hardrock in Ontario (Greenstone Gold JV) where permitting and development initiatives are ongoing.

  • Current Price: $3.64
  • Market cap: $734 million
  • 3 month price change: 22.1%

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. To read more of this Disclaimer please click on the button below: