MARKET

RING

RING

iShares MSCI Global Gold Miners ETF
NASDAQ

Real-time Quotes | Provided by Morningstar

32.60
-0.09
-0.28%
Closed 16:00 10/20 EDT
OPEN
32.82
PREV CLOSE
32.69
HIGH
32.85
LOW
32.30
VOLUME
79.54K
TURNOVER
--
52 WEEK HIGH
37.96
52 WEEK LOW
14.01
TOTAL ASSET
530.57M
YTD YIELD
43.02%
1D
5D
1M
3M
1Y
5Y
News
Performance
It's Time For Inflation Hedges: Consider Gold, Mining Stocks And Farmland
Increasing inflation has implications for businesses and workers, but this article will focus on investors.The classic inflation hedges are gold, other commodities, real estate and, some argued, stocks.There are possibilities in all these categories, though investors should not expect any of these to work perfectly.There is no asset that is obviously a slam dunk for an inflation hedge, but gold, mining stocks and farmland should be considered.
Seekingalpha · 2d ago
The Case For Gold
As highlighted in The Lead-Lag Report, conditions for intermediate risk-off sentiment via the Lumber-Gold Signal are almost here. Gold functions well during heightened volatility.India, the largest consumer of gold, is entering the festival and wedding season.Added stimulus and inflation effects bode well for gold.
Seekingalpha · 10/13 16:05
Gold Miner Valuations Low
Gold stock valuations remain low. These companies are earning profits hand over fist with such high prevailing gold prices, forcing down their valuations. Huge stock-price gains in future uplegs are justified.But before this gold stock bull’s next major upleg, real-time gold stock valuation proxies suggest this correction isn’t over yet. Since their last upleg peaked, the gold stocks still haven't rebalanced sentiment.The leading gold stock ETF hasn’t given up enough ground relative to prevailing gold prices to signal a high-probability correction-bottoming. Short-term valuation analysis implies gold stocks still have another 10%-to-20% downside.
Seekingalpha · 10/10 03:32
Mainstream Investors About To Pile Into Gold
Money managers who don't recommend gold to their clients are becoming the exception rather than the rule.Right now, gold accounts for less than 1% of global investible capital.Estimates of how much gold exists above-ground are all over the place, but most cluster around an amount that yields a value of about $10 trillion at current prices.
Seekingalpha · 10/06 08:56
Gold Mining Fundamentals Remain Supportive
The gold/oil ratio is a reasonable proxy for the average profit margin across the gold mining industry.This ratio peaked in April of this year and then plunged.It's a good bet that the April 2020 peak was the major variety, since it was driven by a spectacular collapse in the oil price that almost certainly won't be repeated within the next few years.
Seekingalpha · 09/30 13:39
Gold-Stock Seasonal Plunge
Gold stocks are still correcting after soaring to seriously-overbought levels when their last upleg peaked in early August.  Weak seasonals in the next month could accelerate that.The deceiving high consolidation after that euphoric topping failed decisively this week when GDX shattered its 50dma, proving this sector’s correction is alive and well.Only about 15% so far, it is likely to extend to 25% to 30% before overbought technicals are worked off and sentiment rebalanced. Seasonality is likely to exacerbate remaining selling.
Seekingalpha · 09/26 05:37
Remain Cautious Ahead Of The U.S. Elections: Stay Long USD, Gold And Global Mining
Uncertainty over the US elections remains elevated in the near term while the economy is running out of "stimulus".Closely contested elections have historically resulted in choppy markets in the final weeks of the year.Investors should hedge themselves by going long US dollar, gold and low-correlated sectors such as global mining stocks.
Seekingalpha · 09/21 12:34
Miners Remain Undervalued Despite Gold's Run
Gold had become overbought in the past month, trading well above trend, making it ripe for a correction. Once gold started to fall, momentum built as profit-taking set in and bullion exchange-traded products saw their first redemptions since June.Since gold broke out on June 20, 2019 into its current trend, the gold price has gained 45% and the NYSE Gold Miners Index 79%. However, this outperformance has not led to overvalued stocks.With higher gold prices, we will see lower-quality gold mines being built. These are deposits that were not economic at lower prices because they would have high operating costs and/or high capital costs due to low grades and/or mining challenges.
Seekingalpha · 09/09 11:44
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Learn about the latest financial forecast of RING. Analyze the recent business situations of iShares MSCI Global Gold Miners ETF through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
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Ratings
Date
Period
Agency
Ratings
08/31/2020
3 Year
Morningstar
08/31/2020
5 Year
Morningstar
  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
-2.5213%
--
3-Month
29.2172%
--
6-Month
44.8816%
--
1-Year
43.0218%
--
3-Year
20.4803%
--
5-Year
27.5810%
--
Since Inception
-3.3576%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
iShares MSCI Global Gold Miners ETF
Risk
Low risk
Inception Date
2012-01-31
Benchmark
FTSE Gold Mines CR
Advisor Company
iShares
Custodian
State Street Bank & Trust Co
Manager
Team Managed