NUGT - Direxion Daily Gold Miners Index Bull 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
25.89
-0.64 (-2.41%)
At close: 4:00PM EDT
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Previous Close26.53
Open25.59
Bid0.00 x 0
Ask0.00 x 0
Day's Range25.15 - 26.42
52 Week Range21.25 - 44.03
Volume3,365,015
Avg. Volume6,740,287
Net Assets1.31B
NAV24.41
PE Ratio (TTM)N/A
Yield0.26%
YTD Return-22.81%
Beta (3y)0.23
Expense Ratio (net)0.90%
Inception Date2010-12-08
Trade prices are not sourced from all markets
  • Increased Volatility and Gold Investors
    Market Realist8 days ago

    Increased Volatility and Gold Investors

    While gold miners have been out of favor for a long time, that might be about to change. Since the uncertainty in the market is increasing, gold prices are poised to rise. This rise should be followed by gold miners (GDX), which are essentially a leveraged play on gold prices.

  • ETF Trends9 days ago

    Junior Gold Miners ETF is Ready to Takeoff

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ), the second-largest exchange traded fund tracking gold miners equities, is 3.4% over the past week and some market observers believe the small-cap miners ...

  • Why Gold Mining ETFs Are Rallying
    Zacks13 days ago

    Why Gold Mining ETFs Are Rallying

    Inside a few reasons that explain the recent rally in gold mining ETFs.

  • What Boosted Newmont and Goldcorp Stock in 1Q18
    Market Realist14 days ago

    What Boosted Newmont and Goldcorp Stock in 1Q18

    Newmont Mining (NEM) stock rose 2.4% in 1Q18 while Goldcorp (GG) stock rose 4.5%. Newmont Mining reported an earnings beat in 4Q17. The company’s production and unit costs were in line with its guidance.

  • Fed Rate Hike and Outlook Priced into Gold Prices: More Upside?
    Market Realistlast month

    Fed Rate Hike and Outlook Priced into Gold Prices: More Upside?

    In its first meeting under new chief Jerome Powell, the US Federal Reserve increased interest rates by a quarter of a point. Markets widely expected the rate hike. New Fed Chairman Jerome Powell believes the US economic outlook has strengthened in recent months.

  • Why Analysts’ Views on Goldcorp Are Improving
    Market Realistlast month

    Why Analysts’ Views on Goldcorp Are Improving

    How Analysts View Gold Miners as Gold Weakens

  • Valuation Catalysts Silver Miners Should Watch for in 2018
    Market Realistlast month

    Valuation Catalysts Silver Miners Should Watch for in 2018

    Among the stocks we’ve discussed throughout this series, Tahoe Resources (TAHO) is trading at the lowest forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 4.7x. The stock is trading at a huge discount of 60% to its trailing-five-year average. Tahoe Resources’ stock price, as well as analysts’ corresponding estimates, took a severe dive after the Guatemalan government’s decision to suspend its Escobal mine license on July 5, 2017. Its valuation multiple has also fallen 27% since July.

  • The Highest-Ranking Gold Miners by Debt-Repayment Capacity
    Market Realistlast month

    The Highest-Ranking Gold Miners by Debt-Repayment Capacity

    Senior Gold Mining Companies Indicate 2018 Upsides

  • ETF Trendslast month

    Options Traders Target Gold Miners ETF

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is essentially flat over the past month, but options traders have recently taken increased ...

  • Going by Miners’ Production Guidances, Is Production Thinning?
    Market Realistlast month

    Going by Miners’ Production Guidances, Is Production Thinning?

    Goldcorp’s (GG) gold (GLD) (NUGT) production fell 15% to 646,000 ounces YoY (year-over-year) in 4Q17. Goldcorp has guided for production of 2.5 million ounces in 2018 with a variance of plus or minus 5%, which is in line with its previous 2018 guidance as well as its guidance for 2017. In 4Q17, Barrick Gold (ABX) produced ~1.3 million ounces of gold, a fall of 11.8% YoY.

  • ETF Trends2 months ago

    Gold Miners ETFs Try to Bounce Back After a Rough Start

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is lower by 7% to start 2018, prompting some market observers to say gold miners stocks ...

  • Investopedia2 months ago

    Gold ETFs Could Find Support Amid Rising Uncertainty

    The move to impose tariffs on steel and aluminum could provide support for gold prices as a safe-haven asset as uncertainty rises.

  • Why IAG’s Westwood Is on Track for Full Production by 2020
    Market Realist2 months ago

    Why IAG’s Westwood Is on Track for Full Production by 2020

    IAMGOLD’s (IAG) Westwood project had a pivotal year in 2017, as it resumed operating at the normal production level in 2Q17. Investors might recall that, during the early stages of the mine’s ramp-up, a seismic event occurred, which left part of the operation in a rehabilitative state for most of 2015. Westwood’s gold production increased 92% YoY (year-over-year) to 125,000 ounces.

  • Understanding IAMGOLD’s 86% Increase in Reserves in 2017
    Market Realist2 months ago

    Understanding IAMGOLD’s 86% Increase in Reserves in 2017

    Can IAMGOLD Keep Up Its Stock Performance after 4Q17 Earnings?

  • Newmont Mining Replaces Reserves Depletion, 1st Time in 5 Years
    Market Realist2 months ago

    Newmont Mining Replaces Reserves Depletion, 1st Time in 5 Years

    Gold miners (GDX)(SGDM) face the problem of compensating for every ounce they take out of the ground. Newmont Mining (NEM) reported flat reserves at the end of 2017 compared to last year. Its reserves came in at 68.5 million ounces for 2017, unchanged from 2016 due to additions and revisions fully replacing the depletion.

  • Benzinga2 months ago

    Traders Scamper Back To Gold Miners ETFs

    Amid an uptick in equity market volatility, some traders are seeking refuge in a familiar place: gold. Market participants are also renewing their enthusiasm for some gold miners exchange traded funds ...

  • Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth
    Market Realist2 months ago

    Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth

    Goldcorp (GG) has one of the strongest project pipelines in the industry. At Penasquito, the Pyrite Leach Project (or PLP) is 62% complete and expected to start commissioning in 4Q18, which is three months ahead of schedule. This project is expected to add ~1 million ounces of gold and 44 million ounces of silver over the current life of the mine.

  • ETF Trends2 months ago

    Investors Return to Big Gold Miners ETF

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is once again attracting investors. GDX is comprised of global gold miners, with a ...

  • What Does the Correlation of Miners Indicate?
    Market Realist2 months ago

    What Does the Correlation of Miners Indicate?

    What Caused the Slump in Precious Metals and Miners?Correlation analysis

  • These Factors Will Shape Gold’s Outlook in 2018
    Market Realist2 months ago

    These Factors Will Shape Gold’s Outlook in 2018

    Could Gold Catch a Bid if Equities Stay Weak in 2018? In Could Gold Be Set for a Big Move in 2018? we discussed these factors in detail. While a weaker US dollar supported gold prices in January 2018, the picture could change going forward, as the dollar has started strengthening on a brighter inflation outlook and a more hawkish Fed stance.

  • Gold’s Outlook: How Likely Is a Surprise Rate Hike by the Fed?
    Market Realist2 months ago

    Gold’s Outlook: How Likely Is a Surprise Rate Hike by the Fed?

    Could Gold Catch a Bid if Equities Stay Weak in 2018? While the Federal Reserve kept interest rates unchanged in its policy meeting in January 2018, it raised its outlook for inflation and flagged “further gradual” rate increases. The Fed cited solid gains in employment, capital investment, and household spending while maintaining its outlook for a strong labor market and moderate growth in the US economy.

  • Why Investors Are Waiting for These Updates from Agnico Eagle Mines
    Market Realist3 months ago

    Why Investors Are Waiting for These Updates from Agnico Eagle Mines

    While Agnico Eagle Mines (AEM) delivered consistently strong operational results in 2017, its stock performance has lagged behind the gold miners’ benchmark index (GDX). AEM stock rose 10.0% in 2017, compared with the 12.8% gain seen by the SPDR Gold Shares (GLD) and the 11.1% return seen by the VanEck Vectors Gold Miners ETF (GDX). Agnico Eagle Mines has delivered better-than-expected results year-to-date.

  • What Could Lead to an Upside or Downside for Gold in 2018
    Market Realist3 months ago

    What Could Lead to an Upside or Downside for Gold in 2018

    Could Gold Be Set for a Big Move in 2018? Previously in this series, we looked at factors that could impact the outlook for gold in 2018. Gold’s recent price rally has supported the view we discussed in Can Gold Repeat Its Rally in the New Year? Some seasonal and fundamental factors have been supporting gold prices since mid-December 2017. Chinese demand ahead of Chinese New Year, weakness in the US dollar, and uncertainty regarding US policies have helped gold prices.

  • Is Analyst Sentiment on Goldcorp Improving?
    Market Realist3 months ago

    Is Analyst Sentiment on Goldcorp Improving?

    Goldcorp (GG) currently has “buy” ratings from 59% of the 22 analysts covering the stock, as per the consensus compiled by Thomson Reuters. Based on the mean target price and current market price, its stock has a higher upside potential of 29% as compared to its close peers (GDX) (NUGT) Barrick Gold (ABX) and Newmont Mining (NEM). The analyst sentiment seems to be improving for GG’s stock.

  • Market Realist4 months ago

    Goldcorp’s Targeted Reserves Growth: What Will It Take?

    Along with 20% improvement in production and costs, Goldcorp (GG) laid out its plan in January 2017 to achieve a 20% increase in reserves by 2021.