SGDM - Sprott Gold Miners ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
19.84
+0.19 (+0.97%)
At close: 4:00PM EDT
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Previous Close19.65
Open19.51
Bid18.35 x 1100
Ask20.09 x 1200
Day's Range19.51 - 19.98
52 Week Range14.69 - 20.52
Volume54,653
Avg. Volume40,341
Net Assets147.76M
NAV19.67
PE Ratio (TTM)N/A
Yield0.45%
YTD Return12.23%
Beta (3Y Monthly)0.40
Expense Ratio (net)0.57%
Inception Date2014-07-14
Trade prices are not sourced from all markets
  • Which Gold Miners Could Show Free Cash Flow Upside in 2019?
    Market Realist4 days ago

    Which Gold Miners Could Show Free Cash Flow Upside in 2019?

    Which Gold Mining Stocks Could Have Upside Potential in 2019?(Continued from Prior Part)Free cash flow FCF (free cash flow) generation is quite important for gold mining companies (SGDM) (GDX), as this excess cash helps them invest in projects,

  • ETF Trends14 days ago

    Gold, Silver, Precious Metals Miners ETFs Climb

    Gold and gold miner ETFs are shining through the murky markets as traders turned to the safe haven in response to the weak U.S. payroll data and weakening global economic outlook. Among the best performing ...

  • Barrick Gold’s Valuation Multiple: Upside in 2019?
    Market Realist18 days ago

    Barrick Gold’s Valuation Multiple: Upside in 2019?

    Barrick Gold after the Randgold Merger: Upside in 2019?(Continued from Prior Part)Valuation Among senior miners (GDX), Barrick Gold (GOLD) has the highest EV-to-EBITDA multiple of 8.4x—a premium of 29% to its historical multiple. The company’s

  • Why Did Barrick Gold’s Reserves Fall in 2018?
    Market Realist21 days ago

    Why Did Barrick Gold’s Reserves Fall in 2018?

    Barrick Gold after the Randgold Merger: Upside in 2019?(Continued from Prior Part)Reserve replacement Gold miners (GDX) (SGDM) have faced ongoing concerns. They face the problem of compensating for every ounce they take out of the ground. Investors

  • Newmont Mining’s Reserves Fell during 2018
    Market Realist23 days ago

    Newmont Mining’s Reserves Fell during 2018

    Can Newmont Mining Outperform Its Peers in 2019?(Continued from Prior Part)Reserve replacement Gold miners (GDX) (SGDM) face the problem of compensating for every ounce they take out of the ground. While mines have finite lives, the companies

  • Gold Mining ETFs are Hot Now: Will This Continue?
    Zacks28 days ago

    Gold Mining ETFs are Hot Now: Will This Continue?

    Gold has been on a tear, thanks to the patient Fed and the investors' flight to safety. The trend is likely to continue in the coming weeks as well.

  • Why Are Analysts Raising Their Gold Price Estimates for 2019?
    Market Realist2 months ago

    Why Are Analysts Raising Their Gold Price Estimates for 2019?

    Gold’s Long-Term Outlook Is Upbeat despite Short-Term Headwinds(Continued from Prior Part)Analysts are bullish on gold in 2019As we discussed in Bulls versus Bears on Wall Street: Time to Buy Gold in 2019?, most analysts are bullish on gold’s

  • Newmont-Goldcorp Deal Puts Gold Mining ETFs in Focus
    Zacks2 months ago

    Newmont-Goldcorp Deal Puts Gold Mining ETFs in Focus

    Newmont Mining plans to acquire smaller rival Goldcorp for $10 billion in the biggest-ever acquisition in the gold sector.

  • Can Barrick’s Valuation Rerate Further after the Merger?
    Market Realist2 months ago

    Can Barrick’s Valuation Rerate Further after the Merger?

    Is Barrick Worth a Look after Its Merger with Randgold? (Continued from Prior Part) ## Valuation Among senior miners (GDX), Barrick (GOLD) has the second-highest EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 6.6x, which represents a premium of 1% to its historical multiple. Its multiple has rerated since its announcement of its merger with Randgold Resources (GOLD) to form an industry-leading gold company (SGDM) with the greatest concentration of Tier 1 gold (GLD) assets. Since the announcement of the merger, GOLD’s multiple has expanded 18.5%. Among its peers, Newmont Mining (NEM), Goldcorp (GG), and Kinross Gold (KGC) are trading at multiples of 8.2x, 6.2x, and 4.9x, respectively. ## Catalysts As we discussed in Is the Barrick-Randgold Merger Enough of a Reason to Bet on ABX? Barrick’s costs are expected to fall, and its production profile is expected to improve on low-cost, high-quality assets after the merger. Since it owns five of the top ten Tier 1 assets in the world, its unit costs are expected to be significantly lower than its peers’. However, its new position will also add to its geopolitical risk. ## Problems to overcome Most of Randgold’s operations are in Africa. Due to many African countries’ rising resource nationalism and ambition to secure bigger shares in mining activities, many mining companies are facing difficult times operating in these jurisdictions. Political problems in these countries could add to Barrick’s operational risks. In addition, market participants worry that the working styles of John Thornton, the new company’s executive chair, and Mark Bristow, its CEO, will clash, leading to problems for the company down the line. As we discussed earlier in the series, the resolution of the company’s dispute with the Tanzanian government could be another major catalyst for its stock. To achieve further upside, the company will need to show more execution on its projects and resolve its disputes successfully. Browse this series on Market Realist: * Part 1 - Is Barrick Worth a Look after Its Merger with Randgold? * Part 2 - Will the GOLD Merger Expedite the Tanzania Dispute’s Resolution? * Part 3 - Barrick Could Emerge Leaner and Stronger after an Asset Review

  • The Zacks Analyst Blog Highlights: Market Vectors Gold, iShares MSCI, Invesco Global and Sprott Gold
    Zacks3 months ago

    The Zacks Analyst Blog Highlights: Market Vectors Gold, iShares MSCI, Invesco Global and Sprott Gold

    The Zacks Analyst Blog Highlights: Market Vectors Gold, iShares MSCI, Invesco Global and Sprott Gold

  • Gold Mining Crushing the Market: Best ETFs & Stocks of Q4
    Zacks3 months ago

    Gold Mining Crushing the Market: Best ETFs & Stocks of Q4

    We highlight four gold mining ETFs and stocks that have delivered double-digit returns so far this quarter.

  • Will Fed Play Santa Claus for Wall Street? ETFs in Focus
    Zacks3 months ago

    Will Fed Play Santa Claus for Wall Street? ETFs in Focus

    The probability for the Fed policy tightening came down ahead of the December meeting. This puts these ETFs in focus.

  • Business Wire3 months ago

    ALPS Advisors, Inc., Proposes Reorganization of Two Exchange Traded Funds

    ALPS Advisors, Inc., acquired by SS&C, providing products and services to the financial services industry, today announced that shareholders of record as of December 19, 2018 of the Sprott Gold Miners ETF (NYSE ARCA: SGDM) and Sprott Junior Gold Miners ETF (NYSE ARCA: SGDJ), each a series of ALPS ETF Trust (the Funds), will be asked to approve a reorganization of their respective Funds into newly-created exchange-traded funds (ETFs) of the Sprott ETF Trust. The proposed reorganizations of the Funds will allow shareholders the opportunity to continue investing in corresponding new ETFs with the same names and substantially the same investment objectives, investment strategies, policies and risks as the Funds, except with respect to the underlying index tracked by each Fund.

  • Will the Rally in Gold ETFs Continue?
    Zacks3 months ago

    Will the Rally in Gold ETFs Continue?

    Gold is rallying buoyed by volatility in markets, putting gold mining ETFs in focus.

  • 7 Precious Metals ETFs to Consider Now
    InvestorPlace4 months ago

    7 Precious Metals ETFs to Consider Now

  • Which Gold Miners Show Free Cash Flow Upside?
    Market Realist4 months ago

    Which Gold Miners Show Free Cash Flow Upside?

    FCF (free cash flow) generation is important for gold mining companies (SGDM) (GDX), as this excess cash helps miners optimize their financial leverages, invest in projects that can drive long-term value, and provide shareholder returns.

  • Gold Dips to One-Month Low: ETFs in Focus
    Zacks4 months ago

    Gold Dips to One-Month Low: ETFs in Focus

    A strengthening greenback puts gold out of favor, bringing related ETFs in focus.

  • Key Factors Driving Goldcorp’s Growth
    Market Realist5 months ago

    Key Factors Driving Goldcorp’s Growth

    After outperforming its peers in the first half of 2018, Goldcorp’s (GG) stock slumped. Its second-quarter earnings were also a miss on market expectations, as were its first-quarter earnings. Moreover, the overall sentiment on gold and gold stocks turned extremely negative starting April, hurting GG stock as well.

  • Barrick Gold to Acquire Randgold: ETFs Set to Shine
    Zacks6 months ago

    Barrick Gold to Acquire Randgold: ETFs Set to Shine

    Barrick Gold has agreed to buy Africa-focused rival, Randgold Resources in an all-stock deal. The news has put the spotlight on a couple of gold mining ETFs.

  • Top and Flop ETFs of August
    Zacks7 months ago

    Top and Flop ETFs of August

    Inside the top and worst performing ETFs of August.

  • Which Gold Miners Could Surprise on the Upside on Free Cash Flow?
    Market Realist7 months ago

    Which Gold Miners Could Surprise on the Upside on Free Cash Flow?

    FCF (free cash flow) generation is important for gold mining companies (SGDM) (GDX). This excess cash helps miners optimize their financial leverages, invest in projects that can drive long-term value, and provide shareholder returns.

  • Top and FLOP ETFs of Last Week
    Zacks7 months ago

    Top and FLOP ETFs of Last Week

    Inside the top and worst-performing ETFs of last week.

  • Fixed-Income & Gold Mining: 2 ETFs to Watch on Outsized Volume
    Zacks8 months ago

    Fixed-Income & Gold Mining: 2 ETFs to Watch on Outsized Volume

    CIU and SGDM saw massive trading volumes in last session.

  • Gold’s Modest Response to Europe’s Localized Risks
    Market Realist9 months ago

    Gold’s Modest Response to Europe’s Localized Risks

    It seems that every time new, scary headlines emerge, press articles declare that gold no longer serves as a safe haven.2 The Italian political crisis is the latest case in point. The evolving situation in Italy is supportive of gold, as shown by its resilience against a strong move in the U.S. dollar. However, anyone expecting a big move from gold fails to understand the fundamentals of the gold market. Gold responds to genuine global systemic risks. These are risks that can have a negative financial impact on just about everyone personally and/or professionally, i.e. ...

  • How Are Miners’ Technicals Moving?
    Market Realist10 months ago

    How Are Miners’ Technicals Moving?

    The four precious metals have revived compared to their previous losses over the past five trading days. However, the revival of the US dollar has had a negative impact on precious metals and mining stocks during the past few weeks. The settling of the market’s unrest could have also caused a withdrawal of haven bids.