Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) has been added to the VanEck Vectors Gold Miners ETF (NYSE: GDX).
The company announced its addition to fund on Monday, but it’s actually been trading on the GDX index since Friday.
The VanEck Gold Miners ETF is a financial product designed to track the performance of companies involved in gold mining. It provides investors with exposure to a basket of gold mining companies rather than investing directly in physical gold.
This inclusion typically occurs because the company meets certain criteria set by the ETF issuer, such as market capitalization, liquidity, and involvement in gold mining activities. Being added to the VanEck Gold Miners ETF can potentially increase the company’s visibility and attract more investors seeking exposure to the gold mining industry.
The recent addition to the ETF is a positive consequence of some of Calibre’s recent developments. Namely, last…
