TSX and TSXV loss captured in EY’s Canadian Mining Eye index
Sources available to offer insight on Q1 Canadian mining and metals trends
(Vancouver, 11 June 2013) EY’s latest quarterly Canadian Mining Eye index shows Canadian mining equities continued to significantly underperform in the first quarter of the year given concerns around global economic growth and, as a result, commodity prices.
The index — which tracks Canadian mining sector performance of 100 TSX and TSXV mid-tier and junior companies with market capitalizations broadly falling between $2.5b and $250m. — plunged deeper and closed 13% down in Q1 2013, and 33% down in the past 12 months.
EY’s Canadian mining and metals team is available to offer insight into the report’s findings. To reach a spokesperson, or for more info, please contact a member of our Public Relations team.
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