The share price of gold producer Saracen Mineral Holdings has approximately doubled in calendar year 2015, making it one of the best performers in the sector even though it has a relatively small market capitalisation of approximately $400 million.

While many of the bigger players such as Evolution Mining and Northern Star have been embarking on substantial merger and acquisition deals the Western Australian-based group has been focused on developing its existing assets at Carosue Dam and Thunderbox.