|Bid||26.34 x 900|
|Ask||26.50 x 1200|
|Day's Range||26.00 - 26.50|
|52 Week Range||17.02 - 26.57|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||1.75%|
|Beta (5Y Monthly)||0.14|
|Expense Ratio (net)||0.50%|
A stronger-than-expected jobs report last week put a speed bump in front of accelerating gold prices and if investors want to get more strategic, they might want to consider a pair of exchange-traded funds (ETFs) that incorporate smart beta. The better-than-expected jobs report now puts gold in a bind where gains could now be dependent on the prospect of further rate cuts. “There were expectations that we might see the worst jobs report and that did not happen.
The year 2019 so far has been kind to the U.S. stock market, despite a myriad of woes such as lingering trade woes, recession fears, geopolitical tension and Brexit issues.
Trade has played foul on Wall Street throughout August, sending the broad indices into a tailspin, thus compelling investors to flock to gold as a great store of value and hedge against market turmoil.
The Sprott Gold Miners ETF (NYSEArca: SGDM) now tracks the Solactive Gold Miners Custom Factors Index and has been reorganized into newly-created exchange-traded funds of the Sprott ETF Trust, a move that ...
Sprott Asset Management LP ("Sprott" or “the Company”) and ALPS Distributors, Inc. announced today that, effective as of the close of business on July 19, 2019, the Sprott Gold Miners ETF (NYSE Arca: SGDM) and the Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ), each a series of ALPS ETF Trust, have been reorganized into newly-created exchange-traded funds of the Sprott ETF Trust (each a “Fund” and together “the Funds”) in a tax-free transaction (the Reorganization). “We are pleased with the overwhelming investor support for this Reorganization. As a result, the Sprott Gold Miners ETFs will offer investors some of the lowest fees in the category,” said John Ciampaglia, CEO of Sprott Asset Management LP.
Gold miners and sector-related ETFs were leading the charge Monday as the sudden risk-off turn helped strengthen gold prices and the precious metal producers’ outlook. Among the best performing non-leveraged ...
Gold miners and sector-related ETFs strengthened Friday, with gold prices rising to a near two-week high, as the U.S. dollar pulled back on the weak inflation data. Among the best performing non-leveraged ...
Gold miner stocks and sector-related ETFs strengthened Monday as gold prices climbed to a more-than-one-week high on a weakening U.S. dollar in response to data showing U.S. wage growth slowed last month. ...
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,
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 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
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
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