How Our Stock Picks Performed in 2020

January 19, 2021

South African gold tailings processor DRDGold (DRD) outperformed our other picks and the stock markets in 2020, rising over 100%. However, investors who picked up shares around $3 during the COVID stock market panic in March realized gains of 500%, as DRD hit an all-time high of $18 in August.

DRD soared on increased gold production and a higher gold price, which rose 19% on safe haven demand during the pandemic. Even miners like Dynacor Gold Mines (DNGDF), whose production dropped due to COVID shutdowns, delivered significant returns and dividends to investors.

	Stock	Symbol(s)	Industry	Alert Price*	Year End Price	Change	Low to High
1.	DRDGold	DRD	Gold	$5	$10	100%	500%
2.	Stone Harbor Emerging Markets Fund	EDF	Emerging Markets	$6.25	$8.25	32%	180%
3.	Dynacor Gold Mines	DNGDF; DNG.TO	Gold	$1.20	$1.45	21%	160%

*The Alert Price is the market price when Investinations started covering a stock in 2020. If stock coverage began earlier than 2020, then January 1, 2020 is used.
**The percentage change in the price from the year's low to the year's high.