Canadian mining stocks outperform metals prices – Mining.com

August 24, 2015

In the second quarter EY’s Canadian Mining Eye index which tracks the performance of 100 TSX and TSX Venture mid-tier and junior companies managed to show gains for the first time in a year.

The index which is constituted of companies with a market value of between $65m and $1.8bn gained 4% during Q2 2015, as compared to a 1% decline in Q1 2015. This was the first quarterly gain since Q2 2014.

The performance comes into the teeth of lower metals prices – gold was down 2% during the quarter, copper dropped 5%, nickel and lead were down 3% and 5% while and zinc slipped 4%.

Read More: http://www.mining.com/canadian-mining-stocks-outperform-metals-prices/