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.
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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.
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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%.