Canadian Miners' performance (end 2024)

With graphs updated as of Dec 20, 2024

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. 

This Miners' Performance page indicates the individual performance of all miners in the GMP database.

Long term performance of precious metal miners.

Poor long term performance of most precious metal miners causes the HUI index of unhedged miners and the Philadelphia Gold and Silver miners index (XAU) to lag both precious metals and the general stock market.

Large cap gold miners started lagging the yellow metal

Whenever interviews of expert mining investors or seasoned CEO's of gold mining enterprises massively emphasize the brilliant outlook for the industry for years to come, you can almost bet on it a correction is about to follow. 

Precious metal and miner 2019 overview and outlook for 2020

Best wishes for 2020

This blog article is monitoring the trends over a 6 and over a 12 months time horizon. Therefore the graphs posted here are showing daily observations year-to-date. For the very long term reference frame, see the articles referenced at the bottom.

Primero Mining: from heaven to hell

Primero Mining slid to the last but one position in the Canadian Gold Pulse database in terms of return since inclusion. Remarkably, this miner used to be one of the better performers in 2014, when the miner bear market had slashed mining stock valuations across the board.

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.