Mongolian-focused explorer Xanadu Mines Share Price (ASX:XAM) has soared today thanks to promising results from its Kharmagtai porphyry copper and gold project. The XAM share price is up 31.25% at time of writing…
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With Gold Production Underway, What Does 2021 Have in Store for Red River Resources?
Small-cap gold miner Red River Resources [ASX:RVR] officially started production at its Hillgrove Gold Operation on 29 December. Today, the miner announced that further exploration at Hillgrove has turned up additional high-grade gold, pushing its share price to within reach of its 52-week high. Source: Tradingview At time of writing, the RVR share price is […]
Golden State Mining Share Price Continues to Sink, Here’s Why
The share price of Golden State Mining Ltd [ASX:GSM] has been in steady decline since hitting its all-time high in July. With first assays released today from its Yule Project near Port Headland in WA, the GSM share price has continued its slump. Source: Tradingview Despite Yule originally injecting enthusiasm into the GSM share price, […]
A Nearology Punt — How to Analyse Small-Cap Mining Stocks on the ASX
I’m going to leap to the other end of the spectrum and tell you about a very high-risk stock that is looking interesting on the charts and has a heavy hitter as its major shareholder…
Ramelius Resources Share Price on the Rise on Dividend Announcement
The share price of gold producer Ramelius Resources Ltd [ASX:RMS] is on the rise today on the back of an increase in profit and its dividend. The RMS share price has, like many other gold stocks, tracked the gold price closely over the past months. However, its strong financial performance has seen the two diverge […]
Market close update
The ASX 200 closed up +0.28% at 6,997.4, just below the 7k mark. The XJO had little movement today as investors cautiously await tomorrows call be the RBA on interest rates. Bond traders are currently putting the chances of an interest rate hike at 69%. The best-performing sectors on the benchmark today were Health Care […]