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.
- Gatos Silver (GATO.TO) will be acquired by First Majestic Silver in a share exchange deal
- Osisko Mining (OSK.TO) will be acquired by Gold Fields in an alll cash deal.
- Elevation Gold (EVLT) now only quotes on Vancouver. The stock is illiqquid and coverage will be suspended. Almaden ininerals is also earmarked for list removal.
- Treasury Metals (TML.to) changed its name to NeXGold (NEXG.V) and consolidated its stock 4:1.
- Argonaut Gold (AR) has been acquired by Alamos Gold. The stock was delisted on July 19.
- 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
- Auriana Resources (ARU) and Vista Gold (VGZ) in replacement of delisted and illiquid stocks
- Royal Gold (RGLD) (in USD) was included after the acquisition of AR
- 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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| Bottom quintile: all but one miners and explorers are down over 90% since inclusion; the bottom 11 are even down over 95%. Those really are the basket cases |
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·
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
