EQM Pure Junior Gold Miners Index

PURE JUNIOR GOLD MINERS INDEX

CONSTITUENT ELIGIBILITY REQUIREMENTS

Companies in the index must fulfill the following selection criteria:

  • Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
  • 75% or more of revenues from the sale of gold or through gold royalty agreements or exploratory gold producers, or for exploratory gold producers, 75% of surveyed deposits must be attributable to gold.
  • Companies are grouped into three gold producer sectors:
    1. Senior Gold Producers – companies producing in excess of 1 million troy ounces of gold per year or receiving royalties in excess of 1 million equivalent troy ounces per year.
    2. Junior Gold Producers – companies producing less than 1 million troy ounces of gold per year or receiving royalties less than 1 million equivalent troy ounces per year.
    3. Exploratory Gold Producers – companies that are in pre-production (0 troy ounces of gold produced per year).

  • Companies classified as Senior Gold Producers, as defined above, are not eligible for inclusion.
  • Market capitalization greater than or equal to $100 million USD.
  • Average daily market value traded greater than $1,000,000 USD over the last 90 days.
  • ADRs, GDRs, and listed common stocks which are deemed to have adequate constituent liquidity and custodial relationship access for an exchange listed product as determined by EQM Indexes LLC.