Only 5 Junior Gold Stocks - Out Of 106 - Managed To Move Higher In November! Check Them Out

After President-elect Donald Trump secured his victory in the U.S election, gold has done exactly the opposite of what people were expecting it to do...taking a nose dive to trade at less than US$1,200 a troy ounce. Even with weaker gold prices, however, the junior gold stocks on our list have managed to move higher during the month of November, the only 5 stocks out of 106 juniors that have been able to do so.

Written by SmallCapPower.com

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1. Redstar Gold Corp. (CVE:RGC) – $0.13
Gold

Redstar Gold Corp. is an exploration-stage company engaged in the exploration and development of prospective mineral targets in Alaska and Nevada, the United States and in the Red Lake region of northwestern Ontario, Canada. Its properties include Newman Todd Property, Red Lake, Ontario, Canada; Nevada, the United States, and the Unga Project, Alaska, the United States.

  • Market Cap: $38.42(mm)
  • MTD Price PCT Change: 13.0%

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Marline Modified Logo

2. Marlin Gold Mining Ltd. (CVE:MLN) – $0.56
Gold

Marlin Gold Mining Ltd. is engaged in the exploration for, development of and production of gold in Mexico, silver in Arizona and acquiring royalty streaming agreements. The Company operates through the production of gold and exploration of resources segment. The Company’s principal product is gold dore with the refined gold bullion sold in the London spot market by the subsidiary in Barbados. The gold dore is produced at the La Trinidad mine in Mexico.

  • Market Cap: $96.84(mm)
  • MTD Price PCT Change: 12.0%

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majestic-logo

3. Majestic Gold Corp. (CVE:MJS) – $0.06
Gold

Majestic Gold Corp. (Majestic) is a Canada-based gold producer with mining operations in China. Its principal mining operation is the Songjiagou Gold Mine (Songjiagou), which is located in Muping County on the Jiaodong Peninsula, Shandong Province. Songjiagou is a mesothermal deposit hosted in a conglomerate in the Laiyang Group Linsishian formation. The Songjiagou Mine has approximately three processing plants, with capacities of over 200 tons per day (tpd), 1,200 tpd and 6,000 tpd. The gold production from the Songjiagou Gold Mine is approximately 5,500 ounces.

  • Market Cap: $50.54(mm)
  • MTD Price PCT Change: 9.1%

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4. Giyani Gold Corp. (CVE:WDG) – $0.48
Gold

Giyani Gold Corp. (Giyani) is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in South Africa and Canada. The Company’s segments include Canoe, South Africa Mining and Corporate. The Company’s projects include Hamlin-Deaty Creek Property, Coldstream Property and Kerrs Property. The Hamlin Deaty Creek Property is located in the Shebandowan Belt, approximately 110 kilometers west of Thunder Bay, Ontario. The Coldstream Property is located in Thunder Bay, Ontario.

  • Market Cap: $31.96(mm)
  • MTD Price PCT Change: 8.0%

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loncor-logo

5. Loncor Resources Inc. (TSE:LN) – $0.17
Gold

Loncor Resources Inc. is a mineral exploration company with a primary focus on gold. The Company operates through the segment, which includes the acquisition, exploration and development of precious metal projects located in the Congo. Its projects include North Kivu and Ngayu projects. The North Kivu project is situated in the North Kivu Province in eastern Congo to the northwest of Lake Edward and consists of over 50 exploration permits covering approximately 13,375 square kilometers. The Ngayu project consists of over 10 exploration permits covering an area of approximately 2,080 square kilometers.

  • Market Cap: $26.12(mm)
  • MTD Price PCT Change: 3.0%

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