The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) recorded a 2.8% price gain during November 2016, but these 10 stocks all saw their share prices hammered.
| Company | Share Price | Market Cap ($m) | Price change |
| Cardinal Resources Ltd (ASX: CDV) | $0.23 | $69.8 | -63% |
| Metals X Limited (ASX: MLX) | $0.63 | $378.7 | -57% |
| Paladin Energy Ltd (ASX: PDN) | $0.07 | $119.9 | -47% |
| CSG Limited (ASX: CSV) | $0.70 | $220.5 | -45% |
| Hills Ltd (ASX: HIL) | $0.37 | $85.8 | -45% |
| S2 Resources Ltd (ASX: S2R) | $0.26 | $65.2 | -39% |
| Alkane Resources Limited (ASX: ALK) | $0.34 | $169.2 | -37% |
| Blackham Resources Ltd (ASX: BLK) | $0.46 | $131.0 | -36% |
| Adairs Ltd (ASX: ADH) | $1.67 | $277.0 | -33% |
| Beadell Resources Ltd (ASX: BDR) | $0.31 | $324.7 | -32% |
Source: Google Finance, S&P Global Markets Intelligence
It probably won't be a surprise to learn that a number of gold miners are on the list – given the spot gold price has been in freefall since early November. Cardinal Resources, Alkane, Blackham and Beadell are all gold miners.
Metals X is a diversified miner with gold, nickel, tin, cobalt and copper assets, but most of its price decline is due to the demerger earlier this week of its gold business into Westgold Resources Ltd.
We've covered the woes of uranium miner Paladin Energy Ltd earlier, but it's not the first time we've warned investors to be wary of the miner given the heavily depressed uranium price.
CSG Ltd is a print and business solutions provider, but saw its share price hammered in mid-November following a profit downgrade, that may indicate that the company is facing structural issues.
Hills is trying to turn its business around after diversifying its business too far, but was forced to put the demerger of its Health Solutions business on hold, "due to current market volatility".
S2 Resources has seen its share price slide on what appear to be poor exploration results.
And finally homewares retailer Adairs shocked the market with a profit downgrade at the start of November which saw its share price hammered.
