Investors have become more risk averse in recent days as the war of words between the US and North Korea has ratcheted up.

This has driven investment into gold and gold-related assets which are a traditional safe haven. The UK’s largest gold exchange-traded product ETFS Physical Gold (PHGP), which has a total expense ratio of 0.39%, has seen inflows of more than £100m since the start of the week.

Gold mining stocks have also been in demand. As a reminder gold miners can perform better (and worse) than the precious metal itself based on their operational performance.

Below is a table showing the best performing gold mining stocks since the beginning of the week.

Company EPIC Performance week-to-date (%)
Ormonde Mining ORM 40
ECR Minerals ECR 9.52
Ariana Resources AAU 7.84
Serabi Gold SRB 5.71
Bezant Resources BZT 5.66
Avocet Mining AVM 5.34
Randgold Resources RRS 5.07
Polymetal International POLY 4.73
Fresnillo FRES 4.6
Acacia Mining ACA 4.32
Source: SharePad, 11 August

 

And the best performers over the last three years.

Company EPIC 3-yr performance (%)
SolGold SOLG 500
Trans-Siberian Gold TSG 190
Centamin CEY 108
Highland Gold Mining HGM 105
Polymetal International POLY 76
Galantas Gold Corporation GAL 73.1
Goldplat GDP 50
Tethyan Resources TETH 50
Greatland Gold GGP 50
Fresnillo FRES 49.1
Source: SharePad, 11 August

 

And here you can find an article from Shares resident mining expert and editor Daniel Coatsworth on investing in small cap gold miners.


Issue Date: 11 Aug 2017