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5 Australian Esports Stocks

Australian esports stocks are making moves. Here’s a look at five small- to mid-cap companies that are listed on the ASX right now.

With major esports tournaments garnering sponsorships from multinational companies, including Disney (NYSE:DIS), Intel (NASDAQ:INTC) and Coca-Cola (NYSE:KO), the esports market and gaming industry continue to gain traction worldwide.

Esports Earnings notes that prize money worth over US$955 million has been won within the esports industry over two decades, based on available public records. The largest prize pool was worth over US$34.33 million and was related to a Dota 2 competition in 2019.

Overwatch League, the largest esports league, has an impressive US$4.25 million in its prize pool for 2021, according to Esports Insider. Overwatch League is Activision Blizzard’s (NASDAQ:ATVI) official esports league for its hit first-person shooter game Overwatch.


Down in Australia, a recent report from PwC shows that the country’s interactive games and esports market was worth AU$3.18 billion in 2019, and is expected to grow at a 6.87 percent compound annual growth rate to 2024. The increase is expected to be driven by app-based games and esports.

Here the Investing News Network looks at five Australian esports stocks with market capitalizations between AU$10 million and AU$75 million. This Australian esports stocks list was generated using TradingView’s stock screener on April 30, 2021, and companies are listed in order of market cap.

1. iCandy Interactive (ASX:ICI)

Market capitalization: AU$58.29 million

Originally founded as an investment holding company in 2015, iCandy Interactive develops and publishes blockchain-based games that have a global audience of over 350 million players. Games in its portfolio include Garfield Games, Astro Boy Games, Ancient Secrets of the Mummy and Dark Dot.

The Australian Financial Review ranked iCandy Interactive 25th on its 2020 Fast 100 list, which highlights the fastest-growing companies in Australia. The company’s new game, Rocky Rampage: Wreck ’em Up, won Google Play’s Best Casual Game award for 2020.

In late 2019, iCandy launched the Esports Players League (ESPL), which has now expanded to over 12 countries across Southeast Asia, South Asia, Europe and South America. The next year, ESPL hosted 136 tournaments involving 20,000 esports teams. Also in 2020, iCandy partnered with Alibaba’s (NYSE:BABA,HKEX:9988) business unit 9Games to publish the musical game Groove Planet in China.

2. MSM (ASX:MSM)

Market capitalization: AU$49.7 million

MSM is a global software developer and online entertainment company. It is leveraging its consumer digital entertainment technology platform to build and launch new digital entertainment products. The company’s goal is to create a global media entertainment, esports and gaming business.

Australian esports stock MSM partnered with the Riva Group in 2017 and currently has a 10 percent equity interest in the company. Riva has a strong portfolio of esports and gaming interests, including Firefly Games, Galaxy Racer and OkLetsPlay. In March 2021, Riva invested US$2.5 million (approximately AU$3.2 million) for a significant minority interest in Rogue Games, a game technology company focused on the free-to-play mobile gaming industry.

3. Emerge Gaming (ASX:EM1)

Market capitalization: AU$40.36 million

Emerge Gaming launched ArcadeX, its esports platform, in 2016. ArcadeX has now hosted over 10,000 online tournaments. The platform allows users to compete to earn rewards and prizes, including digital assets and merchandise, and enables users to develop rankings through sponsored tournaments.

The ArcadeX platform has been extended through a number of markets since launching. In March 2019, Emerge Gaming partnered with Digital Circus to bridge its esports platform into North America. In April of that year, the company reached an agreement with distribution agent Netsport Media to broaden its platform to Africa and the Middle East. Netsport Media currently has a network that reaches over 49 countries across these markets.

In March 2021, Emerge Gaming reported its first half year of profits following the launch of its Miggster social gaming platform. Miggster is a gaming subscription network through which users can win prizes.

4. Esports Mogul (ASX:ESH)

Market capitalization: AU$37.4 million

Esports Mogul, another Australian esports stock, has developed a tournament platform that focuses on the Australian and Southeast Asian markets. Mogul Spotlight allows users to watch esports players compete and gives them the opportunity to bet on matches.

In 2019, Esports Mogul launched its esports wallet, called Mogul Wallet, which allows users to store virtual rewards from competitions and withdraw and deposit funds. The company recently launched a new B2B website to target brands interested in harnessing the popularity of esports.

Esports Mogul partnered with tech giant Microsoft (NASDAQ:MSFT) in 2020 to launch a year-long esports tournament. More recently, the company was chosen to host snack and cereal company Kellogg’s (NYSE:K) Halo 5 Tournament Series in the US and Canada in 2021.

5. SportsHero (ASX:SHO)

Market capitalization: AU$10.83 million

SportsHero is a mobile app software development company targeting the sports gaming market and serving customers in Australia and Singapore.

In April 2021, SportsHero’s app OlahBola reached a milestone of 4 million new unique users. OlahBola is for Indonesian football fans who follow leagues like Spain’s La Liga and the English Premier League.

The company’s latest endeavour is the development of an artificial intelligence-based live esports prediction platform that will incorporate deep learning and machine learning to provide increasingly precise predictions. “The development of this cutting-edge and innovative technology is expected to significantly complement SportsHero’s existing platforms and our co-branded esports focused prediction network partnership with ICON Esports,” said SportsHero CEO Tom Lapping.

This is an updated version of an article first published by the Investing News Network in 2019.

Don’t forget to follow us @INN_Technology for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, currently hold no direct investment interest in any company mentioned in this article.

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The wave of initial public offerings that swept Australia’s tech industry in late 2020 is expected to continue well into 2021. The Australian Financial Review reported that a number of Australian tech companies are on the path towards a “likely listing” for 2021.

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There are many big Australian gold stocks, but these are the five top companies in the sector by market cap.

Australia is the fourth largest producer of gold worldwide, and this past year has brought ups and downs for the commodity. The precious metal hit its 2021 high point early on and fell soon after.

Lately, gold has been resting at a strong price of around US$1,800 per ounce, and it seems like it will exit the year that way. It may even be in for a serious price hike if inflationary pressures continue on their current trajectory.

Read on to learn more about Australia’s five top gold companies by market cap. All market cap and share price information was obtained on November 25, 2021, using TradingView's stock screener.


1. Newcrest Mining

Market cap: AU$19.54 billion; current share price: AU$24.14

Newcrest Mining (ASX:NCM) operates a portfolio of gold mines across Australia, Canada and Papua New Guinea. These include its New South Wales-based Cadia mine and its Western Australia-based Telfer and Havieron mines.

In November 2021, Newcrest agreed to purchase British Columbia-based Pretium Resources (TSX:PVG,NYSE:PVG) for C$3.5 billion, marking the company’s expansion into Western Canada.

2. Kirkland Lake Gold

Market cap: AU$14.57 billion; current share price: AU$54.99

Kirkland Lake Gold (ASX:KLA) has mining operations in Australia and Canada, both of which are low-risk, gold-rich countries. The company’s Fosterville mine is based in Victoria, Australia, and as of December 31, 2018, its mineral reserves stood at 2.7 million ounces. It produced 640,467 ounces in 2020.

In September 2021, Kirkland Lake Gold and Agnico Eagle Mines (TSX:AEM,NYSE:AEM), a Canadian gold miner, announced a “merger of equals." The new company will go by the name Agnico Eagle Mines, and the companies expect the transaction to close in late 2021 or early 2022.

3. AngloGold Ashanti

Market cap: AU$12.43 billion; current share price: AU$5.83

AngloGold Ashanti (ASX:AGG) is a global gold miner formed in 2004. It has two Australia-based operations, both of which are based in Western Australia’s northeastern goldfields: Sunrise Dam and Tropicana. Sunrise Dam is 100 percent owned, while Tropicana is 70 percent owned, with the remaining 30 percent owned by Regis Resources (ASX:RRL,OTC Pink:RGRNF). In 2020, these operations produced 554,000 ounces of gold.

In Q3 2021, AngloGold Ashanti reported total gold production of 613,000 ounces at a total cash cost of US$927 per ounce. This represents a 5 percent quarter-over-quarter increase in production, though a year-to-date decrease.

4. Northern Star Resources

Market cap: AU$11.39 billion; current share price: AU$9.66

Northern Star Resources (ASX:NST) is an Australian gold-mining company with projects throughout Western Australia and North America at its Kalgoorlie, Yandal and Pogo production centres. In the 2021 fiscal year, Northern Star experienced a 40 percent revenue increase and a 10 percent cash earnings hike.

In late November 2021, Northern Star announced an agreement to buy Newmont Australia’s power business for US$95 million. The company paid US$25 million for the option to purchase this business, an opportunity it was given through its recent 50 percent acquisition of Kalgoorlie Consolidated Gold Mines.

5. Evolution Mining

Market cap: AU$7.53 billion; current share price: AU$4.12

Australian gold miner Evolution Mining (ASX:EVN) has projects throughout New South Wales, Queensland and Western Australia, as well as in Ontario, Canada. Evolution Mining produced 680,788 ounces of gold in the 2021 fiscal year at an all-in sustaining cost of AU$1,215 per ounce.

In 2019, Evolution Mining became one of only two Australian gold companies to be included in the Dow Jones Sustainability Index (INDEXDJX:W1SGI). In 2020 and 2021, the company made several strategic acquisitions and divestments, including its high-value purchases of the Red Lake and the Kundana operations.

This is an updated version of an article originally published by the Investing News Network in 2018.

Don’t forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.

What are the largest Australian copper companies? These five ASX copper stocks are the biggest on the exchange by market cap.

Last year, pandemic restrictions forced copper mines to shut down across the world, driving down global production and causing the 10 largest copper-mining companies to suffer dramatic losses.

But in 2021, copper hit an all-time high of US$10,700 per tonne, and stayed over US$9,000 for much of the year.

The three top copper-producing countries globally are Chile, Peru and China, with Australia coming in at number six. Still, there are plenty of untapped resources in the land down under, and Australia is making a name for itself as an up-and-coming producer of this important base metal.


Read on to learn more about the top five Australian copper companies on the ASX, ranked by market cap. All market cap and share price information was obtained on November 26, 2021, from TradingView.

1. BHP

Market cap: AU$192.56 billion; current share price: AU$38.03

BHP (ASX:BHP) is a top global producer of copper, nickel, potash, iron ore and metallurgical coal, with copper production centralised at its South Australia-based Olympic Dam mine.

The company, whose headquarters are in Melbourne, Australia, emphasises copper’s function in renewable energy systems and the metal’s critical role in reducing carbon dioxide emissions.

Recently, BHP has focused its attention on its energy assets. In late November, the company merged its oil and gas portfolio with Woodside Petroleum, a deal that was originally struck in August of the same year. On the mineral side of its operations, BHP was looking to acquire Noront Resources (TSXV:NOT,OTC Pink:NOSOF), a Canada-based nickel, copper, chrome and platinum company, but decided not to match a superior offer.

2. OZ Minerals 

Market cap: AU$8.77 billion; current share price: AU$25.70

OZ Minerals (ASX:OZL) is a South Australia-based copper-mining company founded in 2008. Its operations include the Carrapateena project, where construction was completed in 2019, and the upcoming Malu underground mine, which was commissioned in 2015.

In a November press release, OZ Minerals reported a year-to-date 5 percent increase in group ore reserve copper metal tonnes. In its third quarter results, the company reported guidance of between 120,000 and 145,000 tonnes of copper for the year.

3. Sandfire Resources

Market cap: AU$2.59 billion; current share price: AU$6.11

Sandfire Resources (ASX:SFR) owns 7,189 square kilometres in the Bryah Basin region of Western Australia, including its DeGrussa and Monty operations. Both of these are 100 percent owned and produce copper and gold.

The company released its third quarter results in October, reporting total copper production of 15,946 tonnes. Sandfire expects output of between 64,000 and 68,000 tonnes of copper in 2022.

4. 29Metals

Market cap: AU$1.29 billion; current share price: AU$2.63

Australia-based mining company 29Metals (ASX:29M) has the Golden Grove mine in Western Australia and the Capricorn copper mine in Queensland, along with several promising new growth opportunities lined up. 29Metals focuses on copper production, though it also mines for zinc, gold and silver.

According to an October release from the company, production was weaker than expected at Golden Grove during the September quarter. However, the asset's quarter-on-quarter decline of about 10 percent was largely offset by a strong performance at Capricorn.

5. Copper Mountain Mining

Market cap: AU$804.96 million; current share price: AU$3.81

Copper Mountain Mining (ASX:C6C) is a Canadian and Australian copper miner, with its flagship Copper Mountain operation in British Columbia, Canada, and its Eva and Cameron copper projects in Queensland, Australia.

In the third quarter, Copper Mountain Mining reported total output of 22.4 million pounds of copper at its Copper Mountain mine, representing a 12.1 percent quarter-over-quarter decline in production. The company still reported positive cash flow, with strong construction and exploration gains made at its Eva and Cameron projects.

This is an updated version of an article first published by the Investing News Network in 2018.

Don’t forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.