Resources Stocks 2020 Wrap

06 Jan 2021

The three top performing micro-cap resources stocks on the ASX year on year ending 2020 were:

  • Brightstar Resources Ltd (ASX: BTR) ended the year up 5,900% to close at AU$0.0600. The company is a gold explorer with its primary focus being the exploration and development of the Brightstar Project located in Laverton, Western Australia.
Figure 1. BTR share price performance on ASX year on year ending 2020.
  • Legacy Iron Ore Limited (ASX: LCY) was up 1,945% year on year ending 2020, closing at AU$0.045. The company is focussed on the development of iron ore, gold and base metals with projects located in Western Australia and Queensland.
Figure 2. LCY share price performance on ASX year on year ending 2020.
  • Auteco Minerals Limited (ASX: AUT) was up 1,000% year on year ending 2020 to close at AU$0.099. The company is primarily focused on advancing its Pickle Crow Gold Project located in Ontario, Canada.
Figure 3. AUT share price performance on ASX year on year ending 2020.

The three worst performing micro-cap resources stocks on ASX during the year ending 2020 were:

  • Odin Metals Limited (ASX: ODM) was down 74% year on year ending 2020 at AU$0.025. It is a zinc development and exploration company with projects located in Brazil and Canada. The company is also a joint venture partner of the Silver Swan North Project in Kalgoorlie, Western Australia.
Figure 4. ODM share price performance on ASX year on year ending 2020.
  • Classic Minerals Limited (ASX: CLZ) was down 67% year on year ending 2020 at AU$0.001. The company is focused on gold deposits located within Forrestania and Kat Gap in Western Australia.
Figure 5. CLZ share price performance on ASX year on year ending 2020.
  • Orminex Limited (ASX: ONX) was down 66% year on year at the end of 2020 to close at AU$0.026. It is a gold development company with 51% interest in the Comet Vale Gold Project and 100% interest in the Golden Lode and Penny’s Find Projects all located in Western Australia.
Figure 6. ONX share price performance on ASX year on year ending 2020.

The three top performing small-cap resources stocks on the ASX during the year of 2020 were:

  • De Grey Mining Limited (ASX: DEG) was up 1,890% year on year ending 2020 at AU$1.015. The company is engaged in gold exploration and development activities at its 100% owned Mallina Gold Project in the Pilbara region of Western Australia.

Figure 7. DEG share price performance on ASX year on year ending 2020.
  • Vulcan Energy Resources Limited (ASX: VUL) was up 1,681% year on year ending 2020 at AU$2.76. The company is aiming to produce zero carbon lithium for electric vehicle batteries from its deep geothermal and lithium brine resource in the Upper Rhine Valley of Germany.
Figure 8. VUL share price performance on ASX year on year ending 2020.
  • Chalice Mining Limited (ASX: CHN) was up 1,633% year on year ending 2020 at AU$3.90. The company’s key projects include the Hawkstone Nickel-Copper-Cobalt Project (85-100% interest) and the Julimar Nickel-Copper-PGE Project (70-100% interest) both located in Western Australia and the Pyramid Hill Gold Project (100% interest) located in Victoria.
Figure 9. CHN share price performance on ASX year on year ending 2020.

The three worst performing small-cap resources stocks on the ASX during the year of 2020 were:

  • Dacian Gold Limited (ASX: DCN) was down 58% year on year ending 2020 at AU$0.41. The company is focussed on its 100% owned Mt Morgans Gold Operation located in the Laverton region of Western Australia.
Figure 10. DCN share price performance on ASX year on year ending 2020.
  • Danakali Limited (ASX: DNK) was down 47.5% year on year, ending 2020 at AU$0.315. The company is focussed on its Colluli Potash Project located in the Danakil Depression region of Eritrea.
Figure 11. DNK share price performance on ASX year on year ending 2020.
  • Panoramic Resources Limited (ASX: PAN) was down 45% year on year, ending 2020 at AU$0.135. The company is a base metal mining and exploration company focusing on nickel, copper and cobalt sulphide. The company has 100% ownership in the Savannah underground nickel sulphide mine and the Panton Platinum Group Metals (PGM) Project located in the East Kimberley region of West Australia.
Figure 12. PAN share price performance on ASX year on year ending 2020.

The two top performing mid-cap resources stocks on the ASX during the year of 2020 were:

  • Galaxy Resources Limited (ASX: GXY) was up 144% year on year, closing 2020 at AU$2.23. The company is a producer and developer of lithium with assets in Australia, Canada and Argentina.
Figure 13. GXY share price performance on ASX year on year ending 2020.
  • Mineral Resources Limited (ASX: MIN) was up 127% year on year, ending 2020 at AU$37.45. It’s a mining services company with iron ore and lithium projects located in Western Australia.
Figure 14. MIN share price performance on ASX year on year ending 2020.

The worst performing mid-cap resources stock on the ASX during the year of 2020 was Alumina Limited (ASX: AWC). It was down 20% year on year, ending 2020 at AU$1.835. The company invests in bauxite mining and alumina refining through Alcoa World Alumina and Chemicals (AWAC), its joint venture with Alcoa. The network of alumina refineries are located in the United States, Brazil, Suriname, Spain and Australia.

Figure 15. AWC share price performance on ASX year on year ending 2020.

The top performing large-cap resources stock on the ASX during the year of 2020 was Fortescue Metals Group Limited (ASX: FMG) up 119% year on year, ending 2020 at AU$23.43. The company produces iron ore from its wholly owned and integrated operations including Chichester and Solomon in the Pilbara region of Western Australia.

Figure 16. FMG share price performance on ASX year on year ending 2020.

The worst performing large-cap resources stock on the ASX during the year of 2020 was Newcrest Mining Limited (ASX: NCM) down 14.8%  year on year ending 2020 at AU$25.78. The company owns and operates the Cadia Gold-Copper Mine in New South Wales, the Telfer Gold-Copper Mine in Western Australia and mines in Canada and Papua New Guinea.

Figure 17. NCM share price performance on ASX year on year ending 2020.

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