RING - iShares MSCI Global Gold Miners ETF
| Previous Close | 18.07 |
| Open | 18.14 |
| Bid | 17.31 x 800 |
| Ask | 18.71 x 300 |
| Day's Range | 18.13 - 18.30 |
| 52 Week Range | 16.86 - 20.84 |
| Volume | 78,999 |
| Avg. Volume | 333,296 |
| Net Assets | 303.61M |
| NAV | 17.70 |
| PE Ratio (TTM) | N/A |
| Yield | 0.45% |
| YTD Return | -5.90% |
| Beta (3y) | 0.55 |
| Expense Ratio (net) | 0.39% |
| Inception Date | 2012-01-31 |
- Market Realist•3 days ago
What to Watch for on Barrick Gold’s 1Q18 Earnings Call
Barrick Gold (ABX) generated negative returns amounting to 9.7% year-to-date (or YTD) as of April 17. The stock has significantly underperformed its close peers Goldcorp (GG), Newmont Mining (NEM), and Agnico Eagle Mines (AEM), which returned 12.5%, 10.9%, and -1.9%, respectively. The VanEck Vectors Gold Miners ETF (GDX) returned -1.5%.
- Market Realist•4 days ago
What Mining Stocks’ Relative Strength Indicators Suggest
The recent unrest in the markets has had a significant effect on precious metals and mining companies. The US dollar has a prominent role in influencing dollar-denominated precious metals and mining stocks.
- Market Realist•4 days ago
Could these Gold Miners Beat Earnings Estimates in 1Q18?
We discussed analysts’ revenue estimates for gold miners in the previous part of this series. In this part, we’ll discuss what analysts expect for these gold miners’ (RING) earnings.
Market Realist•12 days agoReading the Movements of Miners’ Correlations with Gold
In this part of our series, we’ll look at the correlation between gold and four mining stocks: Royal Gold (RGLD), Goldcorp (GG), Sibanye Gold (SBGL), and Gold Fields (GFI). Mining stocks mostly move with gold prices, but not always. Among these four miners, Gold Fields has shown the highest correlation with gold, while Royal Gold has seen the lowest correlation with gold on a YTD (year-to-date) basis.
Market Realist•29 days agoComparing Mining Stocks’ Correlation with Gold
What Drove Gold and Silver Upward?
- Market Realist•last month
A Look at the Year-to-Date Correlation of Miners in 2018
Why Are Precious Metals Slowing Down?
Market Realist•last monthWhat’s Driving Analysts’ Earnings Estimates for Newmont Mining?
Newmont Mining (NEM) is one of the very few gold mining stocks to have given a flat-to-positive return this year. Its strong project pipeline is the major driver behind its consistent-to-increasing production profile. To learn more about its outlook, read Why Newmont Mining Stock Fell despite the 4Q17 Earnings Beat.
Market Realist•last monthIs the Correlation of Miners to Gold Strengthening or Weakening?
How the FOMC Meeting Moved Precious Metals
Market Realist•last monthA Look at Miners’ Recent Correlations with Gold
Mining stocks’ correlations with gold are crucial because gold is the big brother of precious metals. The movements in the remaining three precious metals—silver, platinum, and palladium—mostly depend on gold’s movements. For our correlation analysis, we’ll look at First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG). Mining-based funds also have high correlations with precious metals.
Market Realist•last monthA Look at Gold Miners’ Liquidity Positions Post-4Q17
One way to assess a company’s liquidity is to calculate its current ratio. Newmont Mining (NEM) and Kinross Gold (KGC) are doing the best among senior miners on this front with ratios of 3.6x and 3.9x, respectively. Goldcorp (GG) and Yamana Gold (AUY), on the other hand, have the lowest current ratios of 0.9x and 1.0x, respectively.
- InvestorPlace•last month
3 ETFs Below $20 That Offer Great Upside Potential
Most investors want to put their money in equities but may not be able to afford large stakes in valuable companies with higher priced stocks. For them, low-priced stocks could be attractive as these will enable them to buy more number of shares instead of just a handful of higher priced stocks for the same amount. For example, an investor willing to spend $10,000 can either purchase at least 500 shares of a stock trading under $20 or only 100 shares of a stock trading at $100.Source: Shutterstock
- Zacks•last month
The Zacks Analyst Blog Highlights: Fidelity MSCI Energy Index, PowerShares High Yield Equity Dividend Achievers Portfolio and iShares MSCI Global Gold Miners
The Zacks Analyst Blog Highlights: Fidelity MSCI Energy Index, PowerShares High Yield Equity Dividend Achievers Portfolio and iShares MSCI Global Gold Miners
- Zacks•last month
3 ETFs Below $20 That Offer Great Upside Potential
We have dug into ETFs that are below $20 and have AUM of over $300 million and average daily volume of more than 100,000 shares. These low-priced ETFs could lead to huge gains in the coming months.
- Market Realist•2 months ago
How Mining Stocks Moved on March 6
How the Falling Dollar Is Affecting Precious Metals
Market Realist•2 months agoWhat Do Precious Metal Miners’ Technicals Mean?
Shaky Precious Metals and Their Revival
- Market Realist•2 months ago
Analyzing the Technicals of the Mining Companies
How Gold Is Pressured by Interest Rates and the US Dollar
Market Realist•2 months agoWhat Could Lead to Higher Unit Costs for Barrick Gold
Barrick Gold: Can Underperformance Reverse in 2018?
- Market Realist•2 months ago
Organic Investments Could Drive Barrick Gold’s Long-Term Growth
During its investor day, Barrick Gold (ABX) outlined its organic investments that could drive long-term value for the company. Barrick is expecting four feasibility level projects to contribute more than 1 million ounces of annual production. In the short term, the company plans to strengthen its production profile through disciplined investment in its brownfield projects and mine exploration drilling.
Market Realist•2 months agoWhat Mining Stocks’ Technical Readings Could Indicate
How Rebound in US Dollar Affected Precious Metals
Market Realist•2 months agoMiners’ Correlations and How They’re Moving in February
Precious Metals after Release of the Fed Minutes
- Market Realist•2 months ago
Why Newmont Mining’s Costs Could Rise in 2018
Newmont Mining’s (NEM) all-in sustaining costs (or AISC) came in at $968 per ounce in 4Q17, which is 5.4% higher year-over-year (or YoY) and 2.7% sequentially. The increase in unit costs is mainly due to higher mill maintenance costs at Boddington and higher sustaining capital expenditure. Its full-year AISC came in at $924 per ounce, which is 1% higher than 2016.
Market Realist•2 months agoCorrelation Readings for Gold Miners: Gauging the Direction
Will Inflationary Pressure Give Gold Some Buoyancy?
- Market Realist•2 months ago
Kinross Gold’s Strong Financial Position Could Support Growth
The company ended the year with cash and cash equivalents of $1.03 billion. This liquidity position is more significant, given that the company doesn’t have any debt maturity until 2021, which should help it invest in future development opportunities. In its 4Q17 earnings call, Kinross Gold’s management sounded upbeat about the company’s strong financial position.
Market Realist•2 months agoCould Royalty and Streaming Companies Stay Strong in 2018?
Components of GDX: What’s Driving Gold Miners in 2018?
- Market Realist•2 months ago
What Do Miners’ Correlation Readings Indicate?
Why Did Precious Metals Rebound?Correlation analysis
