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Author: Admin | 2025-04-28
Least 1 million USD At least 250,000 shares traded per month over the last six months Weighted by modified market capitalisation Maximum weight of a single stock is capped at 7% NYSE Arca Gold BUGS Index The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index tracks unhedged gold mining companies. The constituents listed within this index are common stocks of selected companies involved in the mining for gold ore, not hedged beyond 1.5 years of production, and listed on the NYSE, NASDAQ, NYSE MKT, or another major U.S. exchange. Methodology of the NYSE Arca Gold BUGS Methodology Companies, that don’t hedge their production beyond 1.5 years Companies have to gain most of their revenue through gold mining Market capitalisation must be greater than 75 million USD Monthly volume must be greater than 500,000 shares for each of the last six months Current last traded price must be greater than 3.00 USD Equal-weighting, except for the two largest constituents with a weighting of 15% and the third largest with a weighting of 10% (ranked by market capitalisation) NYSE Arca Gold Miners Index The NYSE Arca Gold Miners Index generally includes common stocks, ADRs, or GDRs of selected companies involved in mining for gold and silver ore and are listed for trading and electronically quoted on a major stock market that is accessible by foreign investors. Methodology of the NYSE Arca Gold Miners Methodology Companies that derive at least 50% of their revenues from gold or silver mining and related
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