Last year was a largely disappointing one for many Canadian gold-stock investors, as evident by the 11.4% decline for the TSX Gold index, yet there was still money to be made in this space. Today, we look back at some of the SmallCapPower Expert interviews to determine whose gold stock selections performed best during 2015.
Eric Sprott was, by far, our most popular guest when we interviewed him on October 15, 2015 (Watch the interview here). At the time, the Kirkland Lake Gold (TSX: KGI) Chairman said he was a “big owner” of St Andrew Goldfields Ltd. (TSX: SAS). A little more than a month later, Kirkland Lake Gold announced it would acquire St Andrew in an all-stock transaction. Investors who bought SAS shares at the time of Eric Sprott’s interview would have ended 2015 with a two-month return of more than 26%.
Kaminak Gold Corporation (TSXV: KAM) has been a popular pick of more than a couple of our Experts in the past, and most recently Resource Maven Gwen Preston said she liked the stock during her interview with us on October 2. 2015 (See the interview here). Kaminak shares have climbed about 9% since and the Company recently announced Feasibility Study results for its Coffee Gold Project in the Yukon, which estimates All-in Sustaining Cash Costs at US$550 per ounce of gold produced based on a gold price assumption of US$1,150 per ounce.
Bill Harris told SmallCapPower he liked shares of Roxgold Inc. (TSXV: ROG) during his interview on September 15, 2015 (Watch the entire interview). In the remaining weeks of 2015, the stock price rose about 8% and has gained another 7% so far in 2016. On December 10, 2015, Roxgold announced that construction of its Yaramoko Gold Project in Burkina Faso was about 60% complete and project commissioning remains on target for the second quarter of 2016.
Finally, Franco-Nevada (TSX: FNV) stock has been a long-time favourite of Frank Holmes, and he mentioned the Company again during his SmallCapPower interview on June 19, 2015 (See here). Investors who purchased the stock following his appearance would have enjoyed a 5% gain for the remainder of 2015, excluding the annual dividend yield of nearly 2%. Franco-Nevada’s financial results allowed it to increase its dividend payout by 5% in 2015, and the Company has increased its dividend 424% since 2011, in a declining gold-price environment (Read more of Frank Holmes’ insight into Franco-Nevada).
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