IPO Watch: Gold bull market turns old stomping ground into new hunting ground

• IPO market well and truly alive as bullish gold environment brings too floats to ASX in hours on Wednesday

• Right Resources is looking for a major gold find near NSW’s Gilmore Fault

• Golden Dragon Mining up 12.5% on first trading day

After a dearth of IPO activity in the first half of 2025, the dam walls have broken with the gold bull run powering a recovery in new ASX listings.

Signalling an increasing appetite for risk among junior ASX investors, some 36 companies have already hit the bourse in the first four months of FY26.

Many are chasing the precious metal, with high net worths and institutions alike hungry for the opportunity to back potential discoveries.

The latest one-two punch has been delivered by Right Resources (ASX:RRE) and Golden Dragon Mining (ASX:GDR), which listed within hours of each other on Wednesday.

Read full article via Stockhead.