These Five Gold Stocks Could Double?

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Written by SmallCapPower.com 

Given the fact that the 5 gold juniors on our list today all have substantial Proven and Probable reserves, the greatest level of certainty for gold in the ground, many analysts forecast their stock prices to more than double within the next year.

1. Orca Gold Inc. (TSE:ORG) – $0.37
Gold

Orca Gold Inc. is a junior exploration-stage company focused on the acquisition and exploration of mineral properties in Africa. Its exploration focus is on the Arabian Nubian Shield in the north of Sudan, where it holds the Block 14 prospecting license. Its property is located close to the Egyptian border, approximately 700 kilometers north of Khartoum and over 300 Kilometers west of the Red Sea.

  • Market Cap: $42 million
  • Price Target – Mean Analyst Estimate (CAD): 0.80
  • Upside Potential (%): 116%
  • Proven & Probable Reserves (Au, Koz): 1,187

2. Atacama Pacific Gold Corp. (CVE:ATM) – $0.41
Gold

Atacama Pacific Gold Corporation is an exploration stage company engaged in the acquisition, exploration and development of precious metals resource properties in Chile. The Company, through its subsidiary Minera Atacama Pacific Gold Chile Limitada (Atacama Chile), operates the Cerro Maricunga oxide gold project, located approximately 700 kilometers north of Santiago. The Cerro Maricunga deposit comprises approximately three contiguous zones of gold mineralization occurring over a 2.3 kilometers strike length, including the northern Lynx Zone, central Phoenix Zone and southern Crux Zone.

  • Market Cap: $29 million
  • Price Target – Mean Analyst Estimate (CAD): 1.33
  • Upside Potential (%): 223%
  • Proven & Probable Reserves (Au, Koz): 3,743

3. Golden Queen Mining Co Ltd. (TSE:GQM) – $0.86
Gold

Golden Queen Mining Co., Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc. (GQM Holdings). GQM Holdings owns an interest in Golden Queen Mining Company, LLC (GQM LLC), which explores and develops the Project. GQM LLC holds directly or controls through agreement a total of approximately 30 patented lode mining claims, over 160 unpatented lode mining claims, approximately one patented millsite, over 20 unpatented millsites, and holds directly or controls through agreement approximately 1,330 acres of fee land, which together makes up the Property.

  • Market Cap: $96 million
  • Price Target – Mean Analyst Estimate (CAD): 2.11
  • Upside Potential (%): 146%
  • Proven & Probable Reserves (Au, Koz): 984

4. Euro Sun Mining Inc. (TSE:ESM) – $0.80
Gold

Euro Sun Mining Inc, formerly Carpathian Gold Inc, is a Canada-based mineral exploration and development company. It focuses on gold and copper exploration on its property in Romania. The Company, through its subsidiaries, focuses on its exploration and development on Rovina Valley Au-Cu project in Romania. The Company’s project is located approximately 20 kilometers from Eldorado Gold’s Certej gold project.

  • Market Cap: $40 million
  • Price Target – Mean Analyst Estimate (CAD): 3.56
  • Upside Potential (%): 345%
  • Proven & Probable Reserves (Au, Koz): 830

5. Luna Gold Corp. (TSE:LGC) – $1.80
Gold

Luna Gold Corp. is engaged in the exploration, development and operation of gold properties in Brazil. The Company’s properties and mining operations are located in the state of Maranhao in Brazil. The Company is involved in the exploration and redevelopment of its Aurizona gold mine (Aurizona). Aurizona consists of an open pit mine and gold processing plant. Aurizona includes the Piaba, Tatajuba, Boa Esperanca, Ferradura and Conceicao deposits and over 10 near-mine exploration targets, which are being evaluated by the Company.

  • Market Cap: $70 million
  • Price Target – Mean Analyst Estimate (CAD): 4.25
  • Upside Potential (%): 136%
  • Proven & Probable Reserves (Au, Koz): 969

This article has been edited ([ ]), abridged (...) and reformatted (structure, title/subtitles, font) by the editorial team of munKNEE.com (Your Key to Making Money!) to provide a faster & ...

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