Gold Stocks in Motion Monthly Averages. January 2005 to Present.
The MineFund Gold Equity Index in Motion provides an animated view of key metrics for the world’s leading gold stocks. The GEX is a U.S. dollar market capitalization weighted index (January 2013 = 100). See the table below for additional information on the component stocks. To see the GEX, use the interactive chart.
Stocks must meet the following criteria to be included in the GEX:
- Have attributable annual gold production equal to or exceeding 450,000 troy ounces.
- Gold production at or above that rate has been recorded for two consecutive trailing years.
- Attributable proven and probable gold reserves are not less than 10 million troy ounces.
Note that Bueneventura has not been included because of the difficulty in obtaining regular standardized reporting. Additional metrics will be added to the motion chart this year.
Sources: MineFund Analytics | London Bullion Market Association| Company Reports<
Components: AngloGold Ashanti (AU); Agnico-Eagle (AEM); Barrick Gold (ABX); Eldorado Gold (EGO); Gold Fields (GFI); Goldcorp (GG); Harmony Gold (HMY); IamGold (IAG); Kinross Gold (KGC); Newcrest Mining (NCM); Newmont Mining (NEM); Randgold Resources (GOLD); Yamana Gold (AUY).
© Copyright 2009-2013, MineFund & Alpha Found, LLC.
Although every care has been taken to ensure that this data is accurate, MineFund cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by MineFund's Terms of Service.
MineFund Gold Equity Index Components
| TICKER | COMPANY | M. Cap (90DMA) | Rsrvs (Moz) | MC/ Res oz | P/IRV | Prdctn (Koz) | MC/ Pro oz |
|---|---|---|---|---|---|---|---|
| CA:ABX | Barrick Gold | 18590 | 140 | 133 | 558.00 | 7336 | 253 |
| CA:G | Goldcorp | 20094 | 67 | 299 | 929.00 | 2486 | 808 |
| ZA:ANG | AngloGold | 5605 | 74 | 76 | 373.00 | 3861 | 145 |
| ZA:GFI | Gold Fields | 3310 | 52 | 64 | 346.00 | 2914 | 114 |
| UK:RRS | Randgold | 6637 | 16 | 406 | 950.00 | 828 | 801 |
| ZA:HAR | Harmony Gold | 1430 | 50 | 29 | 171.00 | 1182 | 121 |
| CA:K | Kinross Gold | 5648 | 60 | 95 | 374.00 | 2678 | 211 |
| US:NEM | Newmont | 13304 | 99 | 134 | 494.00 | 4797 | 277 |
| CA:ELD | Eldorado Gold | 4622 | 26 | 179 | 726.00 | 690 | 670 |
| CA:YRI | Yamana Gold | 7300 | 18 | 413 | 997.00 | 1027 | 711 |
| CA:IMG | Iamgold | 1791 | 11 | 158 | 977.00 | 811 | 221 |
| CA:AEM | Agnico-Eagle | 4674 | 19 | 246 | 623.00 | 1026 | 456 |
| AU:NCM | Newcrest | 7493 | 87 | 86 | 477.00 | 2055 | 365 |
| CA:OSK | Osisko | 2067 | 10 | 205 | 774.00 | 408 | 507 |
| Total/Avg | 102565 | 729.6 | 180.2 | 626.4 | 32099 | 404.29 |
© Copyright 2009-2013, MineFund & Alpha Found, LLC.
Although every care has been taken to ensure that this data is accurate, MineFund cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by MineFund's Terms of Service.
Notes:
- MKT CAP = US dollar market capitalization (in millions) average from prior 90 days.
- Reserves = proven and probable reserves (in millions of troy ounces) most recently reported to regulatory authorities.
- MC/Res oz = Market capitalization divided by ounces of reserves. A widely accepted peer comparison method.
- P/IRV = Current stock price divided by the Implied Reserve Value (IRV) per share. When the resulting value is below 1 the stock trades at a discount to the nominal value of its reserves. IRV is highly correlated (R2 = 0.95) with market capitalization per reserve ounce. A widely accepted peer comparison method.
- Production = trailing 4 quarters of gold production (in thousands of troy ounces) most recently reported to regulatory authorities.
- MC / Pro oz = Market capitalization divided by ounces of TTM production.