Themes / Cluster
Inactive · established relationshipLatest completed snapshot · 04:10 ET

MARKET-DISCOVERED GROUP

Gold Mining

THE TRADER READPrice breadth and capital flow are aligned

5 of 5 measured SPY-adjusted paths align to the upside across 4.8 effective names. CDE, RGLD, IAUX are also moving with filing-linked members. Capital flow shows accumulation with 61% agreement. No verified headline preceded the measured move.

Price breadth5 of 5 rising+3.4% median path versus SPY
Capital-flow alignment61%Accumulation confirmed by signed flow
Activity nowCalmActivity score 11/100 · lift 0.8×
Evidence depth3 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

4 timed events · 09:35–15:55 ET
TIMING READNo verified timestamped headline was found within 24 hours of the first measured price move in the available common-bar window. The move currently reads as market-led or unexplained.
  1. 5-minute inferenceNEM registered the first material upside path

    +1.10% session path at the threshold · NEM

  2. 5-minute inferenceAUGO registered a material upside path

    +2.03% session path at the threshold · AUGO

  3. 5-minute inferenceKGC registered a material upside path

    +0.80% session path at the threshold · KGC

  4. 5-minute inferenceITRG registered a material upside path

    +0.90% session path at the threshold · ITRG

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.
THEME CONSTRUCTION

Broad move or one-stock disguise?

SPY-adjusted 5m paths

Observed movement is broad across 4.8 effective names. AUGO represents 27.7% of absolute path energy; 5 of 5 members align with the up relative path.

ConstructionBroad27.7% from the largest path
Effective names4.8 / 5Movement diversity after concentration
Direction breadth5/5 alignedupside relative path · 0 counter-moving
Largest moverAUGO 27.7%48.8% from the top two paths
AUGO27.7%Dominant mover · path +5.02% · basket +1.00pp
NEM21.1%Aligned contributor · path +3.82% · basket +0.76pp
ITRG18.7%Aligned contributor · path +3.39% · basket +0.68pp
KGC16.3%Aligned contributor · path +2.96% · basket +0.59pp
NG16.3%Aligned contributor · path +2.95% · basket +0.59pp
Top six names by movement share are shown. Movement share measures absolute 5-minute path energy; signed basket contribution is equal-weight. Neither is a portfolio weight or causal attribution.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
HOW THE PRICE MOVE SPREAD

Observed session sequence

5-minute bars · inferred
  1. NEM moved higher firstFirst member to clear the material path threshold · path +1.10%
  2. AUGO registered a material higher path15m after the first price move · path +2.03%
  3. KGC registered a material higher path15m after the first price move · path +0.80%
  4. ITRG registered a material higher path20m after the first price move · path +0.90%
  5. NG registered a material higher path70m after the first price move · path +0.92%

Sequence inferred from aligned 5-minute price paths; it is not a causal ordering.

RELATIVE CO-MOVEMENT

How the members are behaving together

SPY-adjusted
Aug 25 · 09:35 ETMove visible 10:25 ETAug 25 · 15:55 ET
Group median +3.39%Strongest relative path AUGOWeakest relative path NG

Observed member paths adjusted against SPY. The dashed marker shows when the median move first cleared a material threshold; shading marks the latest 20% of the observed window.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.

CONFIRMATION NETWORK

Outsiders and cross-asset links

5 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

CDEMoving with group

NEM · text peer

RGLDMoving with group

NEM · text peer

IAUXMoving with group

NG · text peer

IDRMoving with group

NG · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
NEMNGKGCAUGOITRG

4/5 active5 rising · 0 falling

MemberUnusual activityToday's moveRead now
NEMNewmont Corporation
Most unusual · 100/100
+2.5%
Aligned price + flowActive in 0% of observed group sessions
NGNovaGold Resources Inc.
Elevated · 86/100
+4.5%
Aligned path contributorActive in 0% of observed group sessions
KGCKinross Gold Corporation
Elevated · 66/100
+1.5%
Aligned price + flowActive in 0% of observed group sessions
AUGOAura Minerals Inc.
Elevated · 52/100
+3.5%
Dominant path moverActive in 0% of observed group sessions
ITRGIntegra Resources Corp.
Quiet · 0/100
+3.0%
Watch / laggardActive in 0% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
NEMNewmont CorporationMost unusual+2.5%0% of 0 sessionsMost unusual activity in this snapshot; performance direction may differ.
NGNovaGold Resources Inc.Participating+4.5%0% of 0 sessionsPrice participation is not yet confirmed by per-name flow.
KGCKinross Gold CorporationParticipating+1.5%0% of 0 sessionsPrice participation with accumulating signed flow.
AUGOAura Minerals Inc.Participating+3.5%0% of 0 sessionsPrice participation with accumulating signed flow.
ITRGIntegra Resources Corp.Quiet / lagging+3.0%0% of 0 sessionsNot participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Only point-in-time live watcher observations and conservative same-day EOD observations are included. Later backfills and replay runs are excluded.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support3 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades
2026-08-2511 names in the durable cohort
2026-08-245 names in the durable cohort
2026-08-217 names in the durable cohort
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
AUGO0% · 0 episodes
ITRG0% · 0 episodes
KGC0% · 0 episodes
NEM0% · 0 episodes
NG0% · 0 episodes