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The Gold Shares Leading The Market This Week
BY CHRISTOPHER HALL - 06/05/2016 | VIEW MORE ARTICLES BY CHRISTOPHER HALL

The market is up +1.05% this last fortnight.

The strongest shares on the ASX continue to be gold mining companies, joined with companies reporting strong earnings numbers this reporting season.

The five strongest gold companies are smaller miners all up over 12% this fortnight, the strongest up over 25%.

Here are a list of companies that we will wish we’d owned because they’re the best on the ASX. Some are house-hold names, but most are the smaller companies that only get noticed by the crowd months after they’ve put on a few hundred percent.

This is a list of the top performing tradeable-shares on the ASX.

Top 5 Summary:

1: PBG - PACIFIC BRANDS

An Australia-based consumer products company operating in three main divisions which are Underwear, Sheridan and Tontine and Dunlop Flooring.

News: PBG received a takeover bid on 28 April.

2: GCY - GASCOYNE RESOURCES

A mining company focusing on gold exploration that holds exploration licenses and applications in the Gascoyne Province of Western Australia.

3: NHF - NIB HOLDINGS

An Australian health insurer company providing health and medical insurance to over one million Australian residents, New Zealand residents and international visitors and students.

News: NHF reported strong FY16 guidance on 21 April.

4: PRU - PERSEUS MINING

Is engaged in mining operations and the sale of gold, mineral exploration and gold project evaluation and development in Republics of Ghana and Cote d'Ivoire, in West Africa.

5: SAR - SARACEN MINERAL HOLDINGS

A mineral exploration and development company focusing on gold. SAR has a portfolio of exploration asset situated in the North Eastern Kalgoorlie Goldfields of Western Australia.

Rank Code Description Sector Two Week Performance
NA XJO "The Market" NA 1.05%
1 PBG Pacific Brands Consumer Discretionary 28.81%
14 VTG Vita Group Ltd Consumer Discretionary 11.08%
19 SGN STW Communications Consumer Discretionary 8.37%
12 BWX BWX Limited Consumer Staples 12.71%
8 ZEL Z Energy Ltd. Energy 16.80%
3 NHF NIB Holdings Limited Financials 21.56%
13 GHC Gen Healthcare REIT Financials 11.68%
16 NSR National Storage Financials 9.45%
20 CGF Challenger Limited Financials 7.45%
10 PME Pro Medicus Limited Health Care 16.62%
6 CAT Catapult Grp Int Ltd Information Technology 17.45%
2 GCY Gascoyne Res Ltd Materials 26.00%
4 PRU Perseus Mining Ltd Materials 19.80%
5 SAR Saracen Mineral Materials 19.32%
7 MNS Magnis Resource Ltd Materials 17.00%
9 SLR Silver Lake Resource Materials 16.67%
11 RSG Resolute Mining Materials 12.87%
15 EVN Evolution Mining Ltd Materials 10.61%
17 NST Northern Star Materials 9.42%
18 OGC OceanaGold Corp. Materials 8.91%

Note: Gold companies are GCY, PRU, SAR, SLR, RSG, EVN, NST, OGC



View More Articles By Christopher Hall

Christopher is head of equites at Spring Financial Group. Christopher has over 10 years' experience managing equities desks with thousands of retail clients and responsibility for maintaining and servicing retail and wholesale relationships.



 

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