Articles On Cygnus Gold (ASX:CY5)

Title Source Codes Date
Gold Digger: CHART – Frail Aussie dollar has local gold miners sitting pretty

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Stockhead CY5 1 week ago
XRO, FPH, SCG: Why are these stocks in limelight today?

Highlights  Today, ASX200 was spotted trading 0.236% higher at 7471.600 points at 11:41 AM AEST. The healthcare sector S&P/ASX 200 Health Care (ASX:XHJ) was up 0.213% at 39576.400 points during the intraday trading session. The S&...

Kalkine Media CY5 1 month ago
Ausgold (ASX:AUC) enters farm-in with Cygnus Gold (ASX:CY5) for Stanley project

Ausgold (AUC) enters a farm-in deal with ASX-listed mineral explorer Cygnus Gold (CY5) to earn up to 85 per cent of the Stanley gold project The Stanley gold project in WA’s Wheatbelt and shares the same prospective greenstone belt as Ausg...

themarketherald.com.au CY5 1 month ago
Gold Digger: Stagflation to push gold through $US2,200 later this year, expert says

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Stockhead CY5 2 months ago
Gold Digger: ASX stocks perform strongly in a volatile week for gold

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Stockhead CY5 2 months ago
Gold Digger: ‘Oversold’ ASX Gold index soars 19% in a month

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Stockhead CY5 2 months ago
Top 10 at 10: Which ASX stocks are bouncing back today?

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead CY5 3 months ago
Gold Digger: War (what is it good for?)

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Stockhead CY5 3 months ago
This crack team plans to unlock the copper and nickel potential of WA’s Yamarna Belt

Amid the rush of junior explorers heading to the ASX these days not many can lay claim to having the most highly accomplished exploration expert to have ever worked in the district on their side. That is a clear point of difference for base...

Stockhead CY5 3 months ago
Gold Digger: Investors are stashing a record amount of gold bars and coins as inflation fears bite

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Stockhead CY5 3 months ago
Top 10 at 10: The ASX stocks with a bag of tricks this morning

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead CY5 4 months ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Stockhead CY5 4 months ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

Stockhead CY5 4 months ago
Gold Digger: Gold bulls are out in force, but expect turbulence

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Stockhead CY5 5 months ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead CY5 5 months ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead CY5 5 months ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead CY5 6 months ago
Trading Places: Which recent ASX IPO saw investees top up their holdings on market?

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Stockhead CY5 6 months ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead CY5 6 months ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead CY5 6 months ago
Cygnus Gold (ASX:CY5) appoints new Executive Chair

Cygnus Gold (CY5) appoints Raymond Shorrocks as its Executive Chair, effective immediately Following the appointment, Non-Executive Chair Michael Bohm will move to the role of Non-Executive Director, while Simon Jackson will transition to...

themarketherald.com.au CY5 6 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead CY5 6 months ago
Closing Bell: ASX wipes out the week’s gains as the bond market rumbles

After a positive Monday to Thursday, the ASX wiped out gains made across the week, losing more than 1% today The ASX followed a plunge on Wall Street with the ASX 200 closing at 7,324, which was 1.44% lower than yesterday’s close. While Wal...

Stockhead CY5 6 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead CY5 6 months ago
Golden Mile Resources (ASX:G88) Managing Director resigns

Golden Mile Resources’ (G88) Managing Director, James Merrillees has resigned James took up the position with G88 in November 2020 and the board says he’s leaving the company well-positioned for success He will step down in mid-December fo...

themarketherald.com.au CY5 6 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead CY5 7 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead CY5 7 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Stockhead CY5 7 months ago
Gold Digger: Gold is back on the menu amidst market chaos

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Stockhead CY5 7 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead CY5 8 months ago
Bargain Barrel: The sub $15m market cap stocks looking for uranium, rare earths, and ‘new opportunities’

Hitting the jackpot on a previously overlooked microcap stock is every investor’s dream. Punters have been jumping onboard some legit small cap resources winners lately, especially in popular sectors like lithium and uranium. Bargain Barrel...

Stockhead CY5 8 months ago
Gold Digger: Where do we go from here?

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Stockhead CY5 8 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Stockhead CY5 8 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead CY5 8 months ago
Closing Bell: ASX climbs again as tech, mining stocks rally

Local markets continued their strong form on Wednesday as the ASX rose for the third straight session. Reporting season threw up some big-name winners as markets responded to the latest round of full-year results. While the ASX 200 edged hi...

Stockhead CY5 9 months ago
Closing Bell: Energy shares push ASX higher

It was another positive close for the Australian bourse today with energy the standout sector. The ASX 200 closed 0.17% higher at 7,503 points while the ASX Emerging Companies Index gained 1.1% to close at 2,262 points. Leading the charge w...

Stockhead CY5 9 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Stockhead CY5 9 months ago
Gold Digger: Bulls vs Bears – which team are you on?

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

Stockhead CY5 9 months ago
Gold Digger: Gold regains the crown if crypto crashes

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Stockhead CY5 9 months ago
Who made the gains? Here are July’s top 50 small cap miners and explorers

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Stockhead CY5 9 months ago
July Winners Column: Rare earths, engineering and takeover target stocks reigned supreme on the ASX

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Stockhead CY5 9 months ago
Gold Digger: The top performing junior gold stocks for July

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Stockhead CY5 9 months ago
Closing Bell: ASX rebounds from yesterday’s fall, led by 2.6pc gain in tech

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

Stockhead CY5 9 months ago
Gold Digger: It’s time to get fired up about the ‘Green and Gold’

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Stockhead CY5 10 months ago
Gold Digger: Is gold the ‘ultimate contrarian investment’ right now?

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Stockhead CY5 10 months ago
10 at 10: These ASX stocks are steaming ahead this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead CY5 10 months ago
Hot Money Monday: Firing up for phosphate with Fertoz (ASX:FTZ)

Fertoz Ltd (ASX:FTZ) topped the pops with a red hot 14-day RSI of 93 after two massive days to finish the week. A total of 18 ASX companies posted a 14-day RSI above 70 last week, down from 25 in the week prior. Each week, Stockhead recaps...

Stockhead CY5 11 months ago
Gold Digger: Feds inflation warning sends prices diving

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Stockhead CY5 11 months ago
Gold Digger: Sizzling oil prices suggest gold will hit US$2000/oz soon

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Stockhead CY5 11 months ago
Gold Digger: ASX gold stocks making gains on good news stories

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Stockhead CY5 11 months ago