The Canada-listed gold stocks we’ve identified have impressive short-term growth and strong volume momentum
SmallCapPower | May 28, 2018: Gold prices have risen as high as US$1360/oz YTD, falling back to December 2017 levels in May. Today we have identified four junior gold stocks that have seen strong daily volume and price momentum during the past month.
Atacama Pacific Gold Corp. (TSXV:ATM) – $0.74
Atacama Pacific Gold Corporation is an exploration-stage gold mining company that operates the Cerro Maricunga Project located 700 kilometers north of Santiago, Chile. The property covers over 15,000 hectares and was estimated to host 3.74M ounces of Proven and Probable Reserves in a 2014 Pre-Feasibility study. The Company also has four other mineral properties within proximity to the Cerro Maricunga Gold Project and one further north in Chile.
- Market Cap: $62.9 Million
- 1 Month Total Return: 23.3%
- Average Daily Volume – 30 Days: 147,661
- Average Daily Volume – 90 Days: 66,301
Juggernaut Exploration Ltd. (TSXV:JUGR, FSE:4JE) – $0.28
Juggernaut is an exploration-stage gold mining company, focused on northwestern British Columbia with 100% options on two sites, known as “Midas” and “Empire.” The Company intends to begin drilling on the Empire property before the end of 2018.
- Market Cap: $21.1 Million
- 1 Month Total Return: 33.3%
- Average Daily Volume – 30 Days: 158,104
- Average Daily Volume – 90 Days: 126,133
Gran Colombia Gold Corp. (TSX:GCM) – $3.19
Gran Colombia Gold Corp (Gran Colombia) is a Canada-based gold and silver producer in Colombia. It also holds an interest in an underground gold and silver mining operation in Colombia, the Segovia Operations, and an interest in the Marmato Project.
- Market Cap: $75.8 Million
- 1 Month Total Return: 25.1%
- Average Daily Volume – 30 Days: 124,757
- Average Daily Volume – 90 Days: 87,495
Revival Gold is a Canada-based gold exploration and development company. The Company seeks to “reignite” older gold mines in Idaho. It holds rights to a 100% interest in the Arnett Creek Gold Project, and the adjacent Beartrack Project, located in Lemhi County, Idaho. In addition to its interests in gold production, the Company is pursuing other exploration and development opportunities. It holds a 51% interest in the Diamond Mountain phosphate project, located in Uintah County, Utah. RVG plans to continue its geological modelling at Beartrack and begin drilling at Arnett Creek later in 2018.
- Market Cap: $28.2 Million
- 1 Month Total Return: 27.6%
- Average Daily Volume – 30 Days: 41,365
- Average Daily Volume – 90 Days: 33,542
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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