Junior Gold Mining Stocks Index
Jnug a complete direxion daily junior gold miners index bull 2x shares exchange traded fund overview by marketwatch.
Junior gold mining stocks index. Top 6 junior mining stocks. Because of the van eck vectors junior gold miners etf etf becoming problematically large i put together an alternative index of junior gold mining stocks based on elite investors holdings having. Midas gold otc mdrpf tsx max pershing gold corp. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining.
Vaneck vectors junior gold miners etf gdxj seeks to replicate as closely as possible before fees and expenses the price and yield performance of the mvis global junior gold miners index mvgdxjtr which is intended to track the overall performance of small capitalization companies that are involved primarily in the mining for gold. As can be seen in the chart below gold mining stocks started seeing early signs of recovery in 2016 when the vaneck junior gold miners etf gdxj exploded up to 211 i e. Junior stocks like imc international mining corp provide investors with the opportunity to buy into a company in a recession proof industry while the company is still within its exploration development phase there is of course inherent risk when investing at the beginning stage of any company but there is also the potential of. We ve compiled a list for you to make it easier to pick and choose which junior miner works for you best.
Shutterstock jnug tracks the mvis global junior gold miners index mvgdxj. And it seeks a 200 or 200 i e 2x of the return of this. Year to date jnug stock is down about 87 source. The pure play index contains only companies that invest primarily in gold or silver or generate at least 50 of their revenues from gold or silver mining or own.
Gold mining stocks performance in 2016 mini bull run. The primary rule for investing is to buy low and sell high. View the latest etf prices and news for better etf investing. Gold has long been regarded as a safe haven in times of market turmoil.
From 16 87 to 52 5 points within a few months vaneck gold miners etf gdx was up 141. With every price uptick and surge in demand the value of gold explorers also increases as does interest in the sector s junior miners.