How are these ASX-listed gold stocks performing?

Highlights:

• The benchmark S&P/ASX 200 closed 3.75% up at 6,699.30 points on Tuesday (4 October 2022).
• All eleven significant sectors closed in green today. Information Technology sector led the gains.
• Materials sector closed 4.50% up at 15,895.70 points.

Australian stock market index, S&P/ASX 200 opened higher on Tuesday (4 October 2022), taking cues from the Wall Street market, which rose sharply in overnight trade. The benchmark index closed 3.75% higher at 6,699.30 points. In the past six months, the index has lost 828.60 points, and in 12 months, it has lost 549.10 points.

All eleven significant sectors closed in green along with the broader market index. The information technology sector marked significant gains and nearly touched 5%. The materials sector was the second-best performing sector, with a surge of 4.50%.

Gold prices have been gaining limelight recently amid the concern that the US Federal reserves might push an aggressive plan to handle high inflation.

Australian gold stocks are part of the Materials sector which has surged by 6.58% in the last five trading sessions, and in a year, it has gained 8.43%. On a year-to-date basis, it has lost 7.08%, and in six months, the sector has dropped 16.41%.

In this article, Kalkine Media® has discussed the share price performance of the following ASX gold stocks - Newcrest Mining Limited, Northern Star Resources Ltd, De Grey Mining Limited, Regis Resources Limited and Perseus Mining Limited.

Newcrest Mining Limited (ASX:NCM)

Newcrest claims that it is one of the largest gold mining companies. Headquartered in Victoria, the mining company is known for its deep underground block caving, technical capabilities in exploration and metallurgical processing skills.

The company operates mines in Papua New Guinea, Australia and Canada.

With a market capitalisation of AU$14.88 billion, Newcrest Mining shares have reported a surge of 6.30% to close at AU$17.71 apiece. In the last five trading sessions, it has reported a surge of 12.02%. In six months, it has fallen by 35.01%, and on a year-to-date basis, it has declined 27.68%. The yearly fall is 213.93%.

Image source: © Timonschneider | Megapixl.com

Northern Star Resources Ltd (ASX:NST)

Northern Star is a global Australian gold producer and has projects in North America and Australia. The company's portfolio comprises open pit and underground gold mines.

The ASX-listed mining company operates gold production centres in Pogo, Yandal and Kalgoorlie. According to the company's official website, Northern Star has a track record of distributing sustainable dividends.

Northern Star shares closed at AU$8.24 apiece, 7.43% higher. Including today's gain, the shares have recorded a gain of 16.88% in the last five trading sessions. In one month, the share price has zoomed up 10.31%. In the last six months, the share price has dropped 21.90% and on year-to-date basis, it has declined 12.53%. In the last five years, Northern Star's share price has grown by 70.25%.

De Grey Mining Limited (ASX:DEG)

Image source: © Transversospinales | Megapixl.com

Activities of base and precious metals explorer De Grey are focused on the development of its Mallina gold project, which is located in Western Australia. The company has reported a large scale, near-surface gold discovery in a region named Hemi.

The company was awarded as the best emerging company 2020 by Diggers & Dealers, explorer of the year 2020 by Paydirect Media's Gold Mining journal and explorer of the year 2020 by MminingNews.net.  

Today, De Grey shares closed at AU$1.09 apiece, 6.86% up. In the last five trading sessions, the share price increased by 14.74%, and in a month, it grew by 17.20%. In the past six months, it dropped 14.17%. On a year-to-date basis, the share price declined 9.17%. The yearly return is 2.83%. In the past five years, the share price shot up by 445%. 

Regis Resources Limited (ASX:RRL)

Australian gold explorer and producer, Regis claims to have consistent reserve growth and production, underpinned by continuous targeted acquisition and exploration success. Regis was incorporated in 1986 under the name Johnson's well Mining NL and got listed on ASX in 1987.

The company operates in two distinct project areas in New South Wales and Western Australia.

Regis's share price closed 7.30% up at AU$1.69 per share. In the last five trading sessions, the share price has increased 20.71%, and, in a month, it has surged 7.64%. In one year, the share price has dropped 21.76%, reporting a fall of 17.56% in the six months alone. In the last five years, the share price has dropped 52.79%. 

Perseus Mining Limited (ASX:PRU)

A growing African gold explorer, developer and producer, Perseus Mining currently manages three gold mines in Africa. One is in Ghana, and the other two are located in Cote d'Ivoire.

The gold mine in Ghana was the first gold mine of Perseus, which produced around 1.8 million ounces of gold since 2012 (according to the company's website). The group said that it would recover 1.3 million ounces of gold from its Edikan gold mine, as per the existing ore reserves.

Presently, the company has 70% ownership in the Block 14 development project in northern Sudan. Also, the company have 31.7% ownership in another project in Cote d'Ivoire – the Kone Gold project.

Perseus shares ended today's trading session at AU$1.61 apiece, 6.98% up. In the past five days, the share price has surged 16.25%, and in a month, it has increased 8.05%. In the past one year, the share price has increased 10.27%, and in the last five years, it has surged 335.14%. On a year-to-date basis, the share price has dropped 2,42%, and in six months, it has declined nearly 13%.