Calibre Mining Corp (TSX: CXB) (OTCQX: CXBMF) is now listed on Canada’s principal stock market index: the S&P/TSX Composite. It tracks the performance of the largest companies on the Toronto Stock Exchange.
The index was up by more than 200 points during morning trading hours on Monday as Calibre became its newest component.
“Our addition to the benchmark S&P/TSX Composite Index is another proud milestone for Calibre and reflects the significant value we are creating for shareholders as we successfully grow the company,” chief executive Darren Hall said.
It is comprised of the largest companies on the TSX. They must meet market capitalization and liquidity requirements for eligibility.
The prominent listing will potentially expand Calibre’s investor base. This would occur by attracting index funds and others that had not been paying attention to the company previously. There are 222 entities listed on the index.
Its top…
