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BRMI

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.9248$
  • Previous Close
    0.9434$
  • 52 Week Change
    0.47$
  • Day Range
    -0.02$
  • 52 Week High/Low
    0.56$ - 1.03$
  • Dividend Per Share
    --
  • Market cap
    52 328 K$
  • EPS
    -0.02
  • Beta
    -0.112
  • Volume
    --

About

BRMI.TO represents the BMO Resource Market Index ETF. This exchange-traded fund aims to replicate the performance of a broad Canadian resource market index, primarily by investing in companies involved in sectors such as energy, metals, and mining. Investors use BRMI.TO to gain diversified exposure to the Canadian resource sector through a single investment vehicle, offering potential for capital appreciation and income based on the performance of the underlying resource companies. It is managed by BMO Asset Management Inc.
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Factors

Company Performance: BRMI.TO's financial health, revenue, and profitability directly impact its stock price. Strong earnings reports typically boost investor confidence and drive up the stock.

Commodity Prices: As a resource-based company, BRMI.TO's performance is heavily influenced by commodity prices, especially those related to its specific sector. Rising prices usually increase the stock value.

Market Sentiment: Overall investor mood and economic forecasts play a significant role. Positive market outlooks generally lead to increased investment in stocks like BRMI.TO.

Industry Trends: Changes in the resource industry, such as new technologies or regulatory shifts, can affect investor perception and, consequently, BRMI.TO's stock price.

Interest Rates: Higher interest rates can make borrowing more expensive for companies, potentially impacting profitability and leading to a decrease in the stock price. Conversely, lower rates can have a positive effect.

Global Economy: Economic conditions in major markets can influence demand for resources, thereby affecting BRMI.TO's sales and earnings, and ultimately its stock price.

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