|Bid||28.21 x 100|
|Ask||33.50 x 200|
|Day's Range||30.58 - 31.01|
|52 Week Range||28.21 - 37.30|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
Usually, precious metal mining companies follow precious metals. Precious metals have risen over the past few days, supporting mining companies.
Gold prices and the related exchange traded funds have been mostly flat over the past few days, but silver ETFs are taking off. The iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares ...
Unrest in Syria played a role in precious metals rising on Friday, April 13. The day before, Donald Trump discussed how to address a recent Syrian poison gas attack. He threatened missile strikes, which were eventually carried out, on Saturday.
Recently, the unrest in the markets has had a big effect on precious metals and the US dollar. The US dollar has a big impact on dollar-denominated precious metals and also on mining companies. In this part of the series, we’ll look at miners’ RSI (relative strength index) scores and implied volatility. The miners we’ve selected for our analysis are First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG).
In this part of our series, we’ll analyze the correlation between gold and four mining stocks: Hecla Mining (HL), Kinross Gold (KGC), Eldorado Gold, (KGC), and Alacer Gold (ASR). Mining stocks tend to move with gold prices. Among these four miners under discussion, Kinross Gold has shown the highest correlation with gold while Eldorado is indicating a negative correlation to gold on a YTD or year-to-date basis.
April showers can bring May flowers, but the fourth month of the year can also be rough on silver. That could be bad news for the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR), ...
Even as their gold counterparts rally, the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR) and other silver exchange traded products are scuffling this year. SLV and ...
Such a positive economic number could be detrimental for haven bids for gold and silver. According to data provided by the CFTC (Commodity Futures Trading Commission), speculators were seen cutting their net long positions in gold by 23,822 contracts to 121,838 contracts in the week to March 20. Other crucial economic numbers that could potentially move gold include the unemployment rate, the Manufacturing PMI (Purchasing Managers’ Index), and so on.
All These Are Playing Gold: Are You? The recent FOMC (Federal Open Market Committee) meeting was more dovish than expected, which gave more breathing room for precious metals. Although interest rates were raised, the overall meeting seemed more dovish than expected.
Pan American Silver (PAAS) stock has outperformed its peers (SIL) as well as silver prices (SLV) YTD (year-to-date). PAAS has fallen 1.4% YTD, and SLV and SIL have fallen 3.8% and 8.1%, respectively, YTD as of March 16, 2018. PAAS’s strong operational performance in 2017 is the major reason behind the stock’s outperformance.
The iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR) rallied on Tuesday, but are still saddled with year-to-date losses. Some recent data points indicate the white ...