2017 has not been kind to British Columbia’s mining stocks. Of the 60 stocks analyzed in Business in Vancouver’sTop-Performing B.C.-Based Mining Stocks List, 60% reported stock price drops between December 1, 2016, and December 1, 2017.
The average one-year stock price change was a 4% gain. That compared with a median stock price loss of 14.8%. For stock prices that increased over the past year, the average gain was 60%.
The average drop in stock prices that declined was 30%.
Amerigo Resources Ltd. (TSX:ARG) posted the largest stock price rise on BIV’s list: 247% from its 52-week low of $0.30 on December 1, 2016, to $1.04 on December 1, 2017. Amerigo’s stock hit a high of $1.10 over the past year.
Sabina Gold & Silver Corp.’s (TSX:SBB) stock rose the most over the past five years: 273% to $2.20 on December 1, 2017, from $0.59 on December 2, 2013.
Asanko Gold Inc.’s (TSX:AKG) stock price suffered the steepest one-year drop of the companies analyzed. It fell 82% to $0.80 on December 1, 2017, from $4.39 on December 1, 2016.
Imperial Metals Corp. (TSX:III) posted the largest five-year stock price drop: 84%, after its stock dropped to $2.26 on December 1, 2017, from $14.51 on December 1, 2016. The stock hit a five-year high of $18.34 in February 2014. •
