Garibaldi, fellow BC Golden Triangle explorer Metallis Resources, Manitoba lithium explorer QMC Quantum Minerals Corp, Western Australia conglomerate gold sensation Novo Resources, and Idaho gold explorer Integra Resources all started June with stock prices 35% or more below their 52-week highs.
But they led the market for overall gains in the 12 months to June 1, rising 369% or more for the period.
The year has seen solid equity fund raising activity by the leaders, including Maya Gold & Silver's recent C$28.3 million private placement (at $3.30, a 32% premium to its price at the time) to fund expansion at the Zgounder silver mine in Morocco, and Garibaldi Resources's C$13 million private-placement raise (at C$3.35) to "launch the most extensive drill campaign in company history" at the nickel-copper Nickel Mountain massive sulphide discovery.
