The 'gold miner pulse' page provides a fundamental view of how miners are valued in relation to precious metals. Indexes are calculated on miners of the gold miner pulse database and a performance dispersion graph gives a fair idea on how differently those miners performed.
Reference date
Bear market damage
Today's statistics
Exchange rate
The five 'Quintile' bar graphs overlap by one miner/explorer. This facilitates visually pinpointing any performance gap. The bottom ranking miner of the higher quintile is repeated at the top of the lower quintile. The number of miners or explorers has been kept steady at 94.
Some list components didn't quote daily any longer. Without any exception these were penny stocks, valued below CAD 0.10. Their market capitalization was below 10 M CAD. Not surprisingly, these stocks were down over 90%. Weeding out these moribund explorers or miners made it harder for the remaining laggards to break away from the bottom quintile.
- First Majestic Silver is harmonizing its quote: FR.TO becomes AG.TO on TSX.
- Marathon Gold Corp. was acquired by Calibre Mininng
- Nighthawk Gold Corp merged with Moneta Gold to form STLLR Gold. (Mnemonic St'e)ll(a)r Gold).
- Newmont has acquired the Australian Newcrest. An agreement had been reached for the merger on May 14, 2023. Newcrest has been delisted.
- B2Gold completed the acquisition of Sabina Gold & Silver Corp as of 19-04-2023. The SBB quote is delisted on 21-04-2023.
- Atalay Mining delisted voluntarily from the Toronto venture exchange and continues quoting on the London AIM only.
- Yamana Gold has been acquired by Agnico Eagle and Pan American Silver
- Calibre Mining and STLLR Gold were added replaicing Marathon Gold and Nighthawk Gold.
- Two new list entries are Vizla Silver and Gatos Silver in replacement of Yamana Gold and Atalay Mining
- Filo Mining has replaced Kirkland Lake Gold (KL)
- Wesdome Gold has replaced Pretium Resources (PVG)
- Radius Gold (RDU.V) has been added in replacement of Corvus Gold KOR
- Gold Fields is replacing Great Bear Resources (GBR)
- Bluestone Resources (BSR) replaced JoseMaria..
- K92 Mining, Freegold Ventures and NGEx Minerals Ltd are being added in replacement of acquired miners AWU, GSV and delisted GPR.
Graphs section
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| Top quintile: the best 20% of the 'Gold Miner Pulse-list' |
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| Sub-top quintile: you find the average amid this graph |
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| Midrange quintile: by definition the median is situated in the middle of this graph |
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| Laggards: Did you avoid hefty losses by clever market timing? |
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| Bottom quintile: all miners and explorers are down over 90% since inclusion; the bottom 13 are even down over 95%. Those really are the basket cases |
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| GMP elite miners, sorted by gain since starting observations in Nov 2010 (logarithmic view with ticks 100% apart |
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| Top quintile: the best 20% of the 'Gold Miner Pulse-list' |
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| Sub-top quintile: you find the average amid this graph |
·
Alio Gold (ALO) replaces
Rye Patch Gold (RPM) upon a business combination of both. ALO 'inherits'
the track record of RPM.
·
Primero has been
delisted after its acquisition by First Majestic.
·
Klondex was acquired by
Hecla Mining. Coverage is discontinued and Klondex has been delisted.
·
After a friendly
take-over bid of the Australian South32 miner on Arizona Mining (AZ), this top
performer eventually left the selection.
·
We introduced Gold
Standard Ventures (GSV) to our list in replacement of AZ mining.
·
After the bankruptcy of
Red Eagle Mining (R), Teranga Gold Corporation (TGZ) was added in replacement.
·
Upon the merger of
Barrick and Randgold, the more appealing Randgold ticker GOLD was maintained,
whereas the merged mining company is called Barrick. The ticker ABX is removed
and the reference share price is divided by the 6.128 Randgold share exchange
value. Randgold shareholders thereby obtain 33% of the new Barrick.
·
Nighthawk (NH.TO) has been
added to the list.
·
Atlanta Gold (ATG), TVI
Pacific (TVI) and CMC metals (CMB), Black Dragon Gold (BDG.V), Lincoln
Mining Corp (LMG) and Miranda Gold (MAD) were dropped from the list. These
explorers don't quote daily any longer. They have become hard to trade as
market cap dwindled to a few million CAD.
·
Subsequently also Black
Dragon Gold (BDG), Lincoln Mining Group (LMG), Eco Oro Min (EON) and Golden
Queen Min (GQM) were dropped in March 2019.
·
Tahoe Resources was acquired by Pan American Silver (PAAS)
as of Feb 22, 2019
·
Several replacements
have been added to the list after mergers and de-listings. Those
are Golden Arrow Gold (GRG) on the Toronto venture exchange, Alacer Gold
(ASR), Belo Sun Mining (BSX), Marathon Gold (MOZ), Midas Gold (MAX) and Roxgold
(ROXG) on TSX. Newmont (NEM) - NYSE in USD were also added. Subsequent
additions were ASA Gold & Precious Metals (ASA), Evrim Resources
(EVM), Victoria Gold (VIT), Equinox Gold (EQX)
·
Newmont (NEM) has
completed the acquisition of Goldcorp (G on TSX and GG on US markets)
·
Alexandria Metals (AZX)
has been taken over by O3 Mining
·
NGEx gold spun off its
Los Helados project and various exploration properties into a new NGEx
minerals, while focusing on the development on the José Maria copper-gold project
in San Juan, Argentina. Accordingly the name was changed to Josémaria
resources.
·
ALO - Alio Gold :
Friendly merger with Argonaut Gold (Apr 2020)
·
SMF - Semafo Inc. : Taken over by Endeavour Mining (focus on
Burkina Faso) (Apr 2020)
·
BAR - Balmoral Resources : Acquistion by Wallbridge Mining
(WM.TO) (May 2020)
·
GUY -
Guyana Goldfields Inc. : Acquistion by Zijn Mining offers by Silvercorp
& Gran Colombia Gold rejected (Jul 2020)
·
GAL - Galantas Gold Corporation : Illiquid because of low
price and market capitalization
·
ER - Eastmain Resources Inc. : Merger with Auryn Resources
to form Fury Gold Mines (FURY)
·
AUG - Auryn Resources : Merger with Eastmain Resources to
form Fury Gold Mines (FURY)
·
ASR - Alacer Gold Corp. : Merger with SSR Mining by a share
swap for SSR Mining shares
·
MQR - Monarques Resources : Taken over by Yamana Gold (Sep
2020)
·
EGLD - Eclipse Gold : Merged with Northern Vertex Mining
(NEE.V) (Feb 2021)
·
MAX - Midas Gold Corp. : Renamed to Perpetua Resources
(PPTA.TO)
·
TGZ - Teranga Gold Corporation : Taken over by Endeavour
Mining (EDR.TO) (Feb 2021)
·
PG - Premier Gold Mines Ltd. : Taken over by Equinox Gold
Mines (EQX.TO) (Feb 2021)
·
ROXG - Roxgold : Taken over by Fortuna Silver Mines (FVI.TO)
(Apr 2021)
·
KOR - Corvus Gold Inc. : Taken over by Anglogold-Ashanti
(AU) (Jan 2022)
·
KL - Kirkland Lake Gold : Taken over by Agnico Eagle
(Feb 2022))
·
GBR - Great Bear Resources : Taken over by Kinross Gold (Feb
2022)
·
PVG - Pretium Resources Inc. : Taken over by NewCrest Mining
(Mar 2022)
·
JOSE - José Maria Resources Inc. : Taken over by Lundin Gold
(May 2022)
·
GSV - Gold Standard Ventures : Taken over by Orla Mining
(Aug 2022)
·
GPR - Great Panther Silver Ltd : Delisted from TSX and US
exchanges (Sep 2022)
·
AXU - Alexco Resource Corp. : Taken over by Hecla Silver
(Sep 2022)
·
GCM - Gran Columbia Mining : Merger with Aris Mining Corp
(provides the name) (Dec 2022)
·
ATLY - Atalay Mining Corp. : Voluntary delisting from TSXV.
Its primary market is the London AIM under symbol ATYM (Feb 2023)
·
YRI -
Yamana Gold Inc. : Acquired by Agnico Eagle and Pan American Silver (Apr
2023)
· SBB - Sabina Gold & Silver Corporation : Acquired by B2Gold (BTG) on 19 Apr 2023
· NCM.AX - Newcrest Mining : Acquired by Newmont Mining (NEM) on 26 Oct 2023
· MOZ.TO - Marathon Gold Corp. was acquired by Calibre Mininng on 24 Jan 2024
· NHK.TO - Nighthawk Gold Corp merged with Moneta Gold to form STLLR Gold. (Mnemonic St'e)ll(a)r Gold).on 8 Feb 2024
A few name changes:
1.
Novacopper (NCQ) now is called Trilogy metals
(TMQ)
2.
Astur Gold (AST) changed to Black Dragon
Gold (BDG)
3.
Pilot Gold (PLG) changed to Liberty Gold
(LGD)
4.
Silver Wheaton (SLW) changed its name to
Wheaton Precious Metals (WPM)
5.
Silver Standard Resources changed to SSR
Mining with ticker SSRM
6.
Eurasian Minerals changed to EMX Royalty
Corp. with ticker still EMX
7.
Gowest Amalgameted Res. changed to Gowest
Gold with ticker still GWA
8.
Tri Metals Mining changed to Gold Springs
Resources Corporation with new ticker GRC
And ticker changes:
1.
Kirkland Lake Gold (KGI) changed its TSX ticker to
KL
2.
Red Eagle Gold changed over to the main market. Its
TSX ticker now is R.
3.
Pan American Silver changed its TSX ticker to PAAS
(in line with that on US markets)
4.
Golden Minerals changed its TSX ticker to AUMN
(also in line with that on US markets)
5.
Alexco minerals changed its TSX ticker to AXU, in
line with that on US markets
The cumulative list of acquisitions or delistings since end 2010 (included below) is quite impressive.
List of acquisitions and delistings from 2011 till early 2019
The majority of the Canadian ticker symbols quote at the TSX. A few quote at the TSXV (the less regulated Venture exchange). These companies are intrinsically more risky, especially if a miner or explorer gets demoted from TSX to TSXV. One such example is TVI Pacific.
The quote list: If the Toronto Stock Exchange (TSX) symbols are less familiar, you find the mining or exploration company name next to the TSX symbol in the below list, former names are indicated between brackets:
Quote list with the TSX trading symbols
|
Quote |
Name |
Quote |
Name |
|
AEM AGI AMM AR ARIS ASA ASM AUMN AYA BCM BSR BSX BTG CDB CDE CG CKG CUU CXB DNG DPM EDR EDV ELD ELVT EMX EQX EXN FCX FIL FLV FNV AG FURY FVI GATO GAU GBU GFI GOFL GOLD Gold-t GPG GRC GRG GROY GWA |
Agnico-Eagle Mines Limited Alamos Gold Inc Almaden Minerals Ltd. Argonaut Gold Aris Mining Corp. ASA Gold & Precious Metals Avino Silver & Gold Mines Ltd. Golden Minerals Company Aya Gold & Silver Bear Creek Mining Corporation Bluestone Resources Belo Sun Mining Corp. B2 Gold Cordoba Minerals Coeur d'Alene Mines Corporation Centerra gold Chesapeake Gold Corp. Copper Fox Metals Inc Calibre Mining Dynacor Gold Mines Inc. Dundee Precious Metals Inc. Endeavour Silver Corp. Endeavour Mining Corp. Eldorado Gold Corporation Elevation Gold Mining EMX Royalty Corp. Equinox Gold Excellon Resources Freeport McMoran Copper&Gold Filo Mining Corp. Freegold Ventures Ltd Franco Nevada First Majestic Silver Corp. Fury gold mines Fortuna Silver Mines Inc. Gatos Silver Galiano Gold (Asanko) Gabriel Resources Ltd. Gold Fields Goldflare Exploration Barrick-Randgold Goldmining Inc. Grande Portage Res. Gold Springs Resources Golden Arrow Res. Corp Gold Royalty Corp. Gowest Amalgamated Res. |
HL IMG IPT ITH K KNT LGD LME LUG MAG MRZ MSV MTB MUX NDM NEM NG NGD NGEX NVO OGC OGN OLA OR ORA OSK PAAS PPTA RDS RDU RRI SEA SGN SILV SPA SSL SSRM STLR SVM TML TMQ TXG USA VCGX VZLA WDO WPM |
Hecla Silver Iamgold Impact Silver Corp. International Tower Hill Mines Ltd. Kinross Gold Corporation K92 Mining Inc Liberty Gold Inc (Pilot Gold) Laurion Mineral Exploration Lundin Gold Inc MAG Silver Corp. Mirasol Resources Minco Silver Corporation Mountain Boy Minerals Ltd. McEwen Mining Inc. Northern Dynasty Minerals Ltd. Newmont Mining NovaGold Resources Inc. New Gold Inc. NGEx Minerals Ltd NOVO Resources Corp. Oceana Gold Orogen Royalties Inc. Orla Mining Osisko Gold Royalties Aura Minerals Inc. Osisko Mining Inc. Pan American Silver Corp. Perpetua Resources Radisson Mining Resources Radius Gold Riverside Resources Seabridge Gold Inc. Scorpio Gold Corporation Silvercrest Metals Spanish Mountain Gold Ltd. Sandstorm Gold SSR Mining STLLR Gold Silvercorp Metals Inc. Treasury Metals Inc. Trilogy Metals Inc. Torex Gold Americas Silver Victoria Gold Corp. Vizla Silver Wesdome Gold Wheaton Precious Metals |
