|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.27 - 34.65|
|52 Week Range||28.47 - 50.61|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
On September 18, gold fell 1.1% and closed at $1,306.90 per ounce. Of the precious metals, silver fell 3.1% and closed at $17.10 per ounce.
Among the four miners we're looking at, Gold Fields has the highest correlation to gold on a YTD basis, while Sibanye Gold has the lowest correlation to gold.
In this part, we’ll look at mining stocks’ correlation with precious metals by comparing their price movement. Specifically, we’ll analyze Alamos Gold (AGI), First Majestic Silver (AG), B2Gold (BTG), and…...