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November brought gains for many ASX 200 mining and resource stocks, but not all stocks can top the charts.
Over the past month, the S & P / ASX 200 Resource Index (ASX XJR) gained 4.03% while the S & P / ASX 200 Material Index (ASX: XMJ) climbed 6.16%.
Unfortunately, where there are winners, there must also be losers. Here are the 5 worst performing ASX 200 resources and mining stocks of November 2021.
that of November the worst performing ASX 200 mining and resource stocks
Perenti Global Ltd (ASX: PRN) – down 19.61%
Interestingly, November was a quiet month for the worst ASX 200 mining or resource share of the month.
The only time the market heard price-sensitive news from this mining services company was on November 5, when it claimed that media speculation that it was involved in merger and merger activity. acquisition was wrong.
While the Perenti share price jumped 2.6% that day, the rest of the month was not so successful.
Perenti’s stock ended the month at 82 cents, down 20 cents from the end of the previous month.
Resolved Mines Limited (ASX: RSG) – down 14.29%
Gold miner Resolute Mining also recorded a month of poor performance.
While the company remained silent in November, the market lowered its share price from 42 cents to 36 cents.
The last month has also been difficult for the price of gold. Based on data from CNBC, the value of the yellow metal rose 4.8% between late October and November 17, before falling 4.9% to end November at US $ 1,776.50 an ounce.
Regis Resources Limited (ASX: RRL) – down 10%
It’s a similar story for fellow gold producer Regis Resources, however, the company released market news in November.
His stock price fell when he provided investors with a seemingly positive semi-annual exploration update, in which he detailed work on his Duketon and Tropicana projects.
The Regis Resources share price fell from $ 2 to $ 1.80 last month.
Limited alumina (ASX: AWC) – down 9.55%
Alumina’s share price has also suffered, although the company has not released any news.
However, according to analysis by Capital.com, the price of aluminum fell for much of November, potentially dragging shares of the aluminum producer with it.
At the end of October, the company’s shares were trading at $ 1.99 apiece. At the end of November, they were trading at $ 1.80.
Iluka Resources Limited (ASX: ILU) – down 8.3%
A last-minute gain was not enough to keep the Iluka Resources share price from making this list. It is scrapped as the fifth lowest performing ASX resource or mining share.
Company stock gained 2.8% on November 30, when it announced the first mineral resource estimates for two of its heavy mineral deposits at Wimmera.
Nonetheless, it finished the month at $ 8.62, 78 cents lower than the month before.