Share Price Performance - AZX vs Other Juniors (UPDATED) I had posted the original version of this analysis on May 1, 2016. The original analysis compared share price for each gold junior on May 1/16 versus the price from around the same date the previous year (around May 1, 2015). The juniors were randomly selected.
I updated the analysis to reflect today`s share price. It still compares current share price to share price from around May 1, 2015 - roughly 14 months between the 2 points in time.
We can use this randomly selected junior group as a control group to get a ballpark appreciation as to the performance of Alexandria`s share price over the past 14 months, relative to other gold juniors that were in a deep depression 14 months ago. Share price for a number of the juniors in the group have exploded upwards - 200 to 400% type of explosion. Alexandria`s shareholders have only seen a 60% recovery over this 14 month period. Hopefully there will be an exploration catalyst (drill hole (s)) in the near future to enable long suffereing Alexandria shareholders to realize similar share price recovery/gains to many of the other juniors in the control group.
It was a 5 year depression in the junior precious metals space. A lot of recovery still to remaining still to go for Alexandria.
Of note, the Canadian gold price is currently around $1,765. The all time high Canadian gold price was $1,883. We are only about 6% away from hitting a new all time high in the Canadian gold price per ounce - we could get there this year. All of Alexandria`s properties are located in Canada.
Alexandria Minerals (Canada):
$.05 share price (14 months ago) vs $.08 share price today = $.03 change or 60% change
Randomly selected junior companies in the space:
1) Bele Sun Mining (Brazil)
$.20 (share price 14 months ago) vs $1.04 (share price today) = $.84 gain or 420%
2) Ely Gold & Minerals (Nevada)
$.035 vs $.125 = $.09 gain or 257%
3) Brazil Resources (Brazil)
$.75 vs $3.00 = $2.25 gain or 300%
4) Canarc Resources (BC/Mexico)
$.035 vs $.09 = $.055 gain or 157%
5) Amarillo Gold (Brazil)
$.07 vs $.335 = $.265 gain or 379%
6) Uragold Bay Resources (Quebec)
$.05 vs $.20 = $.15 gain or 300%
7) New Carolin Gold (BC)
$.03 vs $.105 = $.075 gain or 250%
8) Gold Bullion Development (Quebec, not far from Alexandria)
$.035 vs $.095 = $.06 gain or 171%
9) Gold Standard Ventures (Nevada)
$.60 vs $2.53 = $1.93 gain or 322%
10) Probe Mines/Metals (Ontario, Quebec) - merged with Adventure
$.35 vs $1.14 = $.79 gain or 226%
11) Atlantic Gold (Nova Scotia)
$.27 vs $.72 = $.45 gain or 167%
12) Integra Gold (Quebec – right next to Alexandria)
$.28 vs $.84 = $.56 gain or 200%
13) Victoria Gold (Yukon)
$.15 vs $.59 = $.44 gain or 293%
14) Unigold Inc. (Dominican Republic)
$.15 vs $.45 = $.30 gain or 200%
15) Tri Origin Exploration (Canada, including adjacent to Alexandria`s Red Lake property)
$.015 vs $.065 = $.05 gain or 333%
16) Everton Resources (Quebec)
$.02 vs $.065 = $.045 gain or 225%
17) Pure Gold Mining (Red Lake – same campe as Alexandria`s Gullrock property)
$.26 vs $.70 = $.44 gain or 169%
18) Minnova Corp (Manitoba – 20km from Alexandria`s Hudvam property)
$.28 vs $.90 = $.62 gain or 221%
19) Teuton Resources (BC)
$0.07 vs $.285 = $.215 or 307%
20) First Mining Finance (Canada/US/Mexico)
$.40 vs $.92 = $.52 gain or 130%
21) Atacama Pacific Gold (Chile)
$.23 vs $.405 = $.175 gain or 76%
22) Midas Gold (Idaho)
$.42 vs $1.10 = $.68 gain or 162%
23) Monarques Gold (Quebec) - near Alexandria`s east side
$.095 vs $.39 = $.295 gain or 311%
24) Mundoro Capital (Serbia/Bulgaria)
$.11 vs $.13 = $.02 gain or 18%
25) Riverside Resources (Mexico)
$.24 vs $.485 = $.245 gain or 102%
26) Galantas Gold (Ireland)
$.105 vs $.125 = $.02 gain or 19%
27) TomaGold (Quebec – near Alexandria, in Fancamp area)
$.075 vs $.145 = $.07 gain or 93%
28) Eastmain Resources (Quebec)
$.42 vs $.64 = $.22 gain or 52%
29) Midland Exploration (Quebec – not far from Alexandria)
$.70 vs $.94 = $.24 gain or 34%
30) Marathon Gold (Newfoundland)
$.28 vs $.415 = $.215 gain or 77%