Linear Regression between the Gold Price and the HUI miners index

As gold has broken above its $1300 resistance, enthusiasm for the miners is still at the back-burner. We are miles away from the collective euphoria witnessed only little over a year ago.

Graphs were updated on Oct 10, 2017.

Canadian Miners Performance Update

With the yellow metal well above $1250, miners have rallied from their correction bottom reached mid December 2016.  On April 12, the HUI index is up 33% from this mid December bottom, yet from its bear market bottom that adds up to a more impressive 115%.  However, from its August rally top the HUI still is down 25%.  Following tables shed light on how the individual explorer, developer and mining stocks performed during these hectic days.