Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Event-Driven

On 12 March, MV Index Solutions announced the results of the quarterly review of the MVIS Global Junior Gold Miners Index.There are 9 inclusions and 1 exclusion for the index at the March review and the changes will be effective after the close of trading on 19 March.The inclusions are Skeena Resources, Discovery Metals, Marathon Gold, Liberty Gold, <a href="https://www.smartkarma.com/entities/maverix-metals-inc" target="_blank" data-smartkarma-citation="entities:28296:1" rel="noopener">Maverix Metals Inc (MMX CN)</a>, <a href="https://www.smartkarma.com/entities/jaguar-mining-inc" target="_blank" data-smartkarma-citation="entities:25393:1" rel="noopener">Jaguar Mining (JAG CN)</a>, Galiano Gold, <a href="https://www.smartkarma.com/entities/silver-mines-ltd" target="_blank" data-smartkarma-citation="entities:17430:1" rel="noopener">Silver Mines (SVL AU)</a> and <a href="https://www.smartkarma.com/entities/caledonia-mining-corp-plc" target="_blank" data-smartkarma-citation="entities:26708:1" rel="noopener">Caledonia Mining Corp PLC (CMCL US)</a>, while the sole exclusion is <a href="https://www.smartkarma.com/entities/northern-star-resources-ltd" target="_blank" data-smartkarma-citation="entities:4243:1" rel="noopener">Northern Star Resources (NST AU)</a>.The deletion of <a href="https://www.smartkarma.com/entities/northern-star-resources-ltd" target="_blank" data-smartkarma-citation="entities:4243:1" rel="noopener">Northern Star Resources (NST AU)</a> is a result of its merger with <a href="https://www.smartkarma.com/entities/saracen-mineral-holdings-limited" target="_blank" data-smartkarma-citation="entities:2415:1" rel="noopener">Saracen Mineral Holdings (SAR AU)</a> that results in the new company not being 'Junior' any more.Given the relatively high assets tracking the index, there will be quite a few days of ADV to trade on the inclusions and exclusions, though in the case of <a href="https://www.smartkarma.com/entities/northern-star-resources-ltd" target="_blank" data-smartkarma-citation="entities:4243:1" rel="noopener">Northern Star Resources (NST AU)</a> we expect a lot of the selling has already been priced in.

On 12 March, MV Index Solutions announced the results of the quarterly review of the MVIS Global Junior Gold Miners Index.There are 9 inclusions and 1 exclusion for the index at the March review and the changes will be effective after the close of trading on 19 March.The inclusions are Skeena Resources, Discovery Metals, Marathon Gold, Liberty Gold, Maverix Metals Inc (MMX CN), Jaguar Mining (JAG CN), Galiano Gold, Silver Mines (SVL AU) and Caledonia Mining Corp PLC (CMCL US), while the sole exclusion is Northern Star Resources (NST AU).The deletion of Northern Star Resources (NST AU) is a result of its merger with Saracen Mineral Holdings (SAR AU) that results in the new company not being 'Junior' any more.Given the relatively high assets tracking the index, there will be quite a few days of ADV to trade on the inclusions and exclusions, though in the case of Northern Star Resources (NST AU) we expect a lot of the selling has already been priced in.

Junior Gold Miners Index Rebalance: Northern Star Deletion Could Provide a Good Entry Point

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the negatives. With positive new developments and essentially nothing new to be worried about, our view remains bullish. Buy the dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Materials: CD-46 Retailers, Home Improvement, CD-30 Internet Retailers, CD-55 Lawn &amp; Garden, and MA-27 Gold, Western Hemisphere, Small-Cap.

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the negatives. With positive new developments and essentially nothing new to be worried about, our view remains bullish. Buy the dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Materials: CD-46 Retailers, Home Improvement, CD-30 Internet Retailers, CD-55 Lawn &amp; Garden, and MA-27 Gold, Western Hemisphere, Small-Cap.

Canada

Jaguar Mining Inc. acquires, explores, develops, and operates gold mineral properties in Brazil.  The Company owns operations in the state of Minas Gerais, Brazil.

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Jaguar Mining (JAG CN)

Junior Gold Miners Index Rebalance: Northern Star Deletion Could Provide a Good Entry Point

There are 9 inclusions and 1 exclusion from the MVCI Global Junior Gold Miners Index. Northern Star's deletion was expected and the stock could...

Brian Freitas

U.S. Equity Strategy: Buy The Dips

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the...

Vermilion Research

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