Daily Metals Mining Rundown for 5 Nov 2025 (intraday ASX)

Most metal prices continued gentle downtrend thru NA trading; including gold, silver, copper, platinum, and uranium falling ~2-3% each, leading to most NA listed metals miners also falling multiple percent; Covered announcements include resource update by Horizon Gold and updated PFS economics by Antilles Gold.

Author

Host Rock Capital
November 04, 2025

Today’s metal price movements (over past ~25hrs) and mining company peer group movements through ASX trading (including yesterday’s TSX/NY movements) include:

Top and bottom 40 daily performing metals mining company stocks (out of 500 in our Peer Table) through ASX trading (including yesterday’s TSX/NY closing prices) include:

Covered company announcements incorporated into today’s intraday ASX Peer Table (resource updates, economic studies, changes in attributable project ownership):

  • 4 Nov 2025 - Gold developer Horizon Gold (ASX:HRN) announced an updated resource for its flagship Gum Creek gold project in West Australia, which grew ounces by 8% to 2.3Moz and grade by 26% to 1.89 g/t. HRN stock rose +1.4% on 4 Nov after this news (vs. gold developer median loss -0.6% for the day) to 74c/sh, market cap A$124m, market cap/oz resource US$35/oz Au (vs. developer median $50/oz AuEq), P/NAV of 0.10x (22% discount to group median 0.13x).

  • 4 Nov 2025 - Gold developer Antilles Gold (ASX:AAU) announced updated PFS economics for its 50%-owned Nueva Sabana copper-gold mine project in Cuba. Pre-tax NPV8 was US$137m from iniital capex of US$7m. AAU stock traded up +12.5% on 4 Nov after this news to ~1c/sh, market cap A$25m, market cap/oz resource US$15.7/oz (vs. median $47/oz AuEq), P/NAV (market cap/70% of 50% attributable pre-tax NPV for two half-owned JV projects in Cuba) of 0.06x - a 56% discount to gold developer median 0.13x (both at 3-month trailing average US$3,467/oz AuEq).

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.