Fokus Mining (TSXV:FKM), a junior gold stock active in Quebec, took the fifth spot in Stockhouse Weekly Market Movers’ top-performing stock picks of 2024.
The company’s 100-per-cent owned, 2,866-hectare Galloway project features an NI 43-101 inferred mineral resource of 1.42 million ounces of gold at US$1,750 per ounce.
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Commodity prices
At the time of writing on Tuesday, the price of gold sat at US$2,660.30, down from US$2,680.80 per ounce in last week’s update, according to data from The Globe and Mail.
This week in gold
Wallbridge Mining (TSX:WM) released final assays from its 1,303 metre phase-II drilling program at its 100-per-cent owned Fenelon gold project in Quebec (2.67 million ounces of gold indicated and 1.72 million ounces inferred).
Sierra Metals (TSX:SMT) is looking into an unsolicited takeover bid from Alpayana, a major Peruvian mining group, for C$0.85 per share.
Q Precious & Battery Metals (CSE:QMET) offers exposure to an exploration portfolio prospective for the building blocks of emissions reduction and a stock that has lost almost all of its value since 2019.
Top six trending gold stocks
- Laurion Mineral Exploration (TSXV:LME).
- New Found Gold (TSXV:NFG).
- American Creek Resources (TSXV:AMK).
- Tudor Gold (TSXV:TUD).
- Fortune Minerals (TSX:FT).
- Barrick Gold (TSX:ABX).
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(Top image, generated by AI: Adobe Stock)