Weekly Metals Mining Rundown with Peer Table - Premium Edition for Week Ending 13 Mar 2026

This past week’s top & bottom metal price and mining company peer group movers include:

This past week’s top 40 performing metals mining stocks (out of Peer Table’s 513) include (share price rounding errors apply, as sourced from Google Finance):

Covered mining company announcements incorporated into this week’s Peer Table (resource updates, economic studies, changes in project ownership):

• Gold (and silver) explorer A2Gold (TSXV:AUAU) announced Friday (6 Mar) that it intends to acquire 100% interest in the Taylor gold-silver project in Nevada – the top ranked mining jurisdiction according to The Fraser Institute’s recent survey (covered here: https://lnkd.in/ghivbYwX), where A2 is already advancing its flagship Eastside project on the state’s prolific Walker’s Lane trend. Eastside hosts low-grade resources of 1.4 Moz Au @ ~0.54g/t Au and 8.7Moz Ag @ 4.4 g/t Ag that are reported to be amenable to (low-capital-intensity) heap leach processing, and which excludes some 5-6 additional nearby target zones (along with some other early-stage projects A2 is advancing to the north - in Nevada’s Carlin trend near prolific Round Mountain mine). This new Taylor gold-silver project adds a second resource stage project to A2’s portfolio in Nevada, as it hosts historic resources of 11Moz Ag @ ~3g/t Ag (at high cut off grade associated with low silver price of US$17/oz Ag), which would at least double at a more current cut-off grade and silver price based on the cut-off grade sensitivity provided in the release – and which exclude extensive exploration upside, and A2 says drilling will at the project shortly after the acquisition is closed. Consideration is to include ~8.7m shares AUAU (valued at C$10m at 20-d VWAP), which will grow A2’s basic shares outstanding by ~8.3% to 112.39m shares, in exchange for growing its mineral resources by ~12.8% to 1.75 Moz AuEq (now a higher ~20% from Ag, 80% Au, by metal value at 3-month trailing average metal prices). AUAU stock traded down -19.5% over past ~month (ending 13 Mar) to 99c/sh – strongly underperforming our 86-company gold explorer group median monthly drop of -6.5% for same period – and to a AUAU proforma market cap C$111m and proforma market cap/oz resource of US$46/oz AuEq – a 13% discount to gold explorer median $53/oz AuEq (and a 25% discount to silver explorer median $66/oz AuEq – whose median silver share of resources of 59% is much higher than AUAU’s 20%).

• Intermediate gold producer Ora Banda Mining (ASX:OBM) announced Wednesday an updated mineral resource estimate for its Round Dam multi-pit project in the Eastern Goldfields Province of Western Australia - which grew the deposit tenfold to 1.33Moz Au, and grew overall company-wide resources by +57% to 3.3Moz Au, with the majority (some ~2.8Moz) being co-located within ~40km of the Company’s operating 1.2Mtpa Davyhurst processing facility. This resource growth is from OBM’s ongoing A$73m (330km) 2026 exploration program, which continues to deliver outstanding results. OBM stock JUMPED +21.5% Wednesday following this news, before closing the week ending 13 Mar up +2.3% (strongly outperforming 62-company int gold producer group median weekly drop of -9%) to A$1.35/sh, market cap A$2.6b, and market cap/oz US$548 (was US$755/oz before this announcement) - which trades at a premium to group median US$275/oz AuEq (presumably due to strong cash flowing gold production, with OBM’s cash flow from operations doubling in H2/25 to A$102 million), and is a ~10% discount to senior gold producer group median $602/oz AuEq (the group that could acquire this portfolio when the time is right).

Disclaimer: Provided for informational and educational purposes on an ‘as-is’ basis, and is not investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.