Oriole has outperformed most gold stocks this year!Today 12:09
It doesn't seem like it though, does it.
Well I have done the research and it is actually true. I looked at 25 gold stocks from explorers/developers to producers in terms of price performance year to date and price decline from this years high. I won't list all here but they include Cora Gold, Greatland Resources, Kefi Gold and Copper, Orosur Mining, Bezant Resources, ECr Minerals, Metals Exploration, Rockfire Resources, ECR Minerals. For producers I looked at the top ten holdings of the BlackRock gold and General Fund, so heavy weights such as Barrick Gold, Newmont Mining, Endeavour Mining and Franco Nevada.
In terms of the gold price itself this is down 2.2% YTD and down 22.4% from the years high.
The 10 top producers YTD performance ranges from up 1.2% (AngloGold Ashanti) to down 9.1% (Kinross Gold) and from their respective yearly highs down 24.0% (Newmont Mining) to 36.5% (Alamos Gold). I also looked at Fresnillo, Pan African and Hochschild Mining. Respective figures for YTD were -10%, -10% and + 4.4%. Declines for these three from the years high were 32.5%, 40.5% and 33.7%.
Here's the somewhat surprising performance, though not to everyone I would guess, for Oriole:
For year to date its UP 13.3% (only Cora Gold and Greatland Resources are better).
From the year's high its only down 9.3% (Only Bezant Resources is better).
All other gold stocks are down around 35% from their year's high. This shows how well Oriole has held up while gold declined 22.4% from its 2026 peak.
So in terms of absolute performance and relative strength Oriole is one of the best performers so far this year.
When gold gets into its stride again which looks like being very soon now, then Oriole is in a great position to stage a really strong upside run.
On Friday all 10 of the top gold producers gapped up from oversold levels, having bottomed one to two days previously.
Obviously we need to get Oriole over 0.40p and clearly an RNS on an EL would do that. However, the way its shaping up Oriole might breakout before.