In today’s briefing:
- MVIS Global Junior Gold Miners Index Rebalance: Three Deletions & Float Changes
- MVIS Global Rare Earth/Strategic Metals Index Rebalance: Float & Capping Changes on Friday
MVIS Global Junior Gold Miners Index Rebalance: Three Deletions & Float Changes
- Dacian Gold Ltd (DCN AU), Gold Resource (GORO US) and Wallbridge Mining Co (WM CN) will be deleted from the index at the close on 17 March.
- One way turnover is estimated at 2.8% resulting in a one-way trade of US$96m. There is over 1 day of ADV to trade on 22 stocks.
- The largest inflows are on Triple Flag Precious Metals (TFPM US), Osisko Gold Royalties, Zhaojin Mining Industry, New Found Gold (NFG CN), Yamana Gold, IAMGOLD and First Majestic Silver.
MVIS Global Rare Earth/Strategic Metals Index Rebalance: Float & Capping Changes on Friday
- There are no constituent changes for the MVIS Global Rare Earth/Strategic Metals Index at the March rebalance. There are free float and capping changes though.
- One way turnover is estimated at 3.1% and will result in a one-way trade of US$19m. Flows are relatively small with no impact over 1x ADV on any stock.
- The June rebalance should have constituent changes with an increase in the number of stocks in the index universe.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
