The GDX announced the following changes.
MAIN POSITIVES: Alamos, Detour, Fresnillo, Franco-Nevada, Argonaut, Alacer, Centerra, Hochschild, Centamin
MAIN NEGATIVES ( Deletions and re-weights): Tanzanian Royalty, Golden Star, Allied-Nevada and Vista Gold. GoldFields, Harmony, NewGold, Aurico, Buenaventura and Royal Gold are being re-weighted down as well.
As expected, Torex and Pretium are not included as they are non producers yet.
Bloomberg | Name | Index Flow | Days of ADV | Type | Previous Conviction |
AGI CN Equity | Alamos Gold Inc | +4.8 M | 4.3 | Addition | High |
DGC CN Equity | Detour Gold Corp | +5.2 M | 2.9 | Addition | High |
DPM CN Equity | Dundee Precious Metals Inc | +5.2 M | 10.9 | Addition | Medium |
FNV US Equity | Franco-Nevada Corp | +5.6 M | 4.2 | Addition | High |
AR CN Equity | Argonaut Gold Inc | +5.6 M | 5.3 | Addition | High |
KOZAL TI Equity | Koza Altin Isletmeleri As | +5.7 M | 7.6 | Addition | Low |
SBGL US Equity | Sibanye Gold- Spon Adr | +6.9 M | 18.9 | Addition | Medium |
CG CN Equity | Centerra Gold Inc | +8.9 M | 8.2 | Addition | Medium |
ASR CN Equity | Alacer Gold Corp | +10.8 M | 8.6 | Addition | High |
MUX US Equity | Mcewen Mining Inc | +11.4 M | 3.7 | Addition | Medium |
HOC LN Equity | Hochschild Mining Plc | +12.8 M | 25.3 | Addition | Low |
POLY LN Equity | Polymetal International Plc | +14.7 M | 12.4 | Addition | Low |
CGG CN Equity | China Gold International Res | +15.0 M | 32.4 | Addition | Low |
ABG LN Equity | African Barrick Gold Plc | +15.5 M | 9.7 | Addition | Low |
OSK CN Equity | Osisko Mining Corp | +16.5 M | 3.4 | Addition | High |
RRL AU Equity | Regis Resources Ltd | +18.8 M | 4.7 | Addition | Medium |
FRES LN Equity | Fresnillo Plc | +27.9 M | 24.8 | Addition | Low |
NCM AU Equity | Newcrest Mining Ltd | +29.0 M | 5.7 | Addition | High |
1818 HK Equity | Zhaojin Mining Industry - H | +33.1 M | 3.1 | Addition | Low |
CEY LN Equity | Centamin Plc | +41.7 M | 11.1 | Addition | Medium |
2899 HK Equity | Zijin Mining Group Co Ltd-H | +226.2 M | 4.6 | Addition | Low |
KGC US Equity | Kinross Gold Corp | (12.8 M) | 0.6 | Reweight | |
GFI US Equity | Gold Fields Ltd-Spons Adr | (26.1 M) | 4.3 | Reweight | |
BTG US Equity | B2Gold Corp | (27.2 M) | 2.5 | Reweight | |
EGO US Equity | Eldorado Gold Corp | (17.5 M) | 1.4 | Reweight | |
ABX US Equity | Barrick Gold Corp | (5.3 M) | 0.2 | Reweight | |
NGD US Equity | New Gold Inc | (19.2 M) | 2.5 | Reweight | |
GG US Equity | Goldcorp Inc | (4.5 M) | 0.3 | Reweight | |
HMY US Equity | Harmony Gold Mng-Spon Adr | (18.4 M) | 5.5 | Reweight | |
AUY US Equity | Yamana Gold Inc | (3.9 M) | 0.2 | Reweight | |
IAG US Equity | Iamgold Corp | (15.9 M) | 1.1 | Reweight | |
HL US Equity | Hecla Mining Co | (9.9 M) | 1.5 | Reweight | |
NEM US Equity | Newmont Mining Corp | (2.6 M) | 0.3 | Reweight | |
AU US Equity | Anglogold Ashanti-Spon Adr | (5.4 M) | 1.4 | Reweight | |
AUQ US Equity | Aurico Gold Inc | (10.5 M) | 2.5 | Reweight | |
BVN US Equity | Cia De Minas Buenaventur-Adr | (8.2 M) | 4.0 | Reweight | |
SLW US Equity | Silver Wheaton Corp | (2.3 M) | 0.3 | Reweight | |
PAAS US Equity | Pan American Silver Corp | (6.4 M) | 2.0 | Reweight | |
AEM US Equity | Agnico Eagle Mines Ltd | (4.3 M) | 1.3 | Reweight | |
AG US Equity | First Majestic Silver Corp | (5.0 M) | 2.3 | Reweight | |
CDE US Equity | Coeur Mining Inc | (4.3 M) | 2.3 | Reweight | |
SSRI US Equity | Silver Standard Resources | (3.4 M) | 2.0 | Reweight | |
RGLD US Equity | Royal Gold Inc | (2.7 M) | 2.9 | Reweight | |
GOLD US Equity | Randgold Resources Ltd-Adr | (1.3 M) | 1.3 | Reweight | |
SA US Equity | Seabridge Gold Inc | (3.7 M) | 4.5 | Delete | Medium |
GSS US Equity | Golden Star Resources Ltd | (20.8 M) | 7.4 | Delete | High |
ANV US Equity | Allied Nevada Gold Corp | (8.3 M) | 1.3 | Delete | High |
TRX US Equity | Tanzanian Royalty Exploratio | (8.1 M) | 13.2 | Delete | High |
VGZ US Equity | Vista Gold Corp | (6.5 M) | 9.6 | Delete | High |
Names that were not added and our previous conviction
Not Added | Conviction |
TXG CN Equity | High |
PGIL LN Equity | Low |
TAHO US Equity | Low |
NG CN Equity | Low |
PVG CN Equity | Low |
SVM US Equity | Medium |
