From TEM to SMS: How have these ASX small-cap resources shares fared YTD?

3 min read | June 26, 2022 07:00 AM AEST | By Ashish

Highlights

  • The ASX 200 has fallen nearly 14% on a YTD basis.

  • The ASX 200 Resources (XJR) has fallen over 3% since the start of the year.

  • Resources shares may be down lately as recession fears continue to weigh on investors.

The benchmark ASX 200 index has remained under pressure so far this year. It is down nearly 14% since the start of 2022 due to geopolitical tensions, rising inflation and interest rates. Different sectors including Resources has traded on a muted note with the ASX 200 Resources (XJR) falling over 3% on a year-to-date (YTD) basis.

Here, we would discuss how these five ASX 200-listed small-cap resources shares have performed on a year-to-date (YTD) basis:

Tempest Minerals Ltd (ASX:TEM)

Tempest Minerals is an Australian minerals exploration company, which operates a portfolio of highly prospective mineral projects in the Tier-1 mining jurisdiction of Western Australia.

Shares of Tempest Minerals have given a return of 265% YTD as of 12:09 AM (AEST), Friday. In the past month, the share price has risen 46%.

The company recently entered into a partnership with Karara Mining (KML) over the Karara project in Western Australia.

RELATED ARTICLE: SYA, PLS, AKE: How have these lithium stocks fared so far in 2022?

Pacific Bauxite NL (ASX:PBX)

Pacific Bauxite is a resource sector firm which focuses on the exploration, mining and production of bauxite.

Shares of Pacific Bauxite have given a negative return of nearly 48% YTD as of 12:09 AM (AEST), Friday. In the past month, the share price has fallen 20%.

The company recently informed investors that it had planned to change its name to Western Yilgarn NL to better reflect its business operations and project locations.

Titanium Sands Ltd (ASX:TSL)

Titanium Sands is focused on defining and developing high-grade, high value as well as easily minable heavy mineral sands deposits.

Shares of Titanium Sands have given a negative return of 25% as of 12:09 AM (AEST), Friday. In the past month, the share price has risen 50%.

In May, the company carried out a placement for an initial AU$500,000 at 4.5 cents, a nearly 300% premium to the closing price of the company’s shares on 10 May 2022.

Thor Mining Plc CHESS (ASX:THR)

Thor Mining is focused on the development and exploration of the tungsten and copper projects in Australia and the US. 

Shares of Thor Mining have given a negative return of 10% YTD as of 12:09 AM (AEST), Friday. In the past month, the share price was also down 10%.

Earlier this week, Thor Mining informed the ASX that it had been granted drilling approvals for its Wedding Bell and Radium Mountain projects in the US.

RELATED ARTICLE: This ASX mineral explorer is up 600% in six months, beats benchmark index

Star Minerals Ltd (ASX:SMS)

Star Minerals is focused on the exploration and development of gold and base metals situated at its Tumblegum South Project and the West Bryah Project, each located in central Western Australia.

Shares of Star Minerals have given a negative return of over 52% YTD as of 12:09 AM (AEST), Friday. In the past month, the share price has fallen over 28%.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.