MARKET

SGDM

SGDM

Sprott Gold Miners ETF
NYSEARCA

Real-time Quotes | Provided by Morningstar

33.15
+1.11
+3.46%
Closed 16:00 09/24 EDT
OPEN
31.75
PREV CLOSE
32.04
HIGH
33.24
LOW
31.75
VOLUME
39.19K
TURNOVER
--
52 WEEK HIGH
39.50
52 WEEK LOW
13.79
TOTAL ASSET
303.11M
YTD YIELD
41.43%
1D
5D
1M
3M
1Y
5Y
News
Performance
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 · 3d ago
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
Gold-Stock Correction Mode
Gold stocks are in correction mode. They shot parabolic into early August, surging too far too fast exhausting the capital firepower available for near-term buying.Then they quickly plunged into a mild correction, which has morphed into a high consolidation since. But a resurgent correction is likely given the lingering serious overboughtness and elevated greed.That could easily extend to 25% in GDX, another 20% lower from this week’s levels. The depth of this rebalancing selloff for gold stocks depends on what happens in gold.
Seekingalpha · 09/05 11:45
Don't Throw The Gold Miners Out Just Yet
Gold and gold mining stocks remain stuck in neutral, but not for long.Fed policy will keep downward pressure on the dollar, lifting gold prices.Technical signs indicate that gold stocks are in strong hands right now.
Seekingalpha · 09/04 09:54
3 Ways To View The Gold Rally From An Equity Viewpoint
Although gold prices reached historic highs this summer, we still see some potential drivers that could move prices even higher.In our view, gold may benefit from bouts of elevated market volatility and mounting concerns over the coronavirus's economic impact as investors seek perceived safe haven assets.We continue to like the long-term prospects for select gold- and precious metals-focused equities, especially if gold prices can hold near current price levels or move even higher in the months ahead.
Seekingalpha · 09/02 03:35
The United States Is Going Into Hyperinflation
Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%.Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020.Delinquencies are on the rise on record high corporate debt.U.S. dollar will lose value due to ultra-low interest rates and QE.Gold is the only safe haven.
Seekingalpha · 08/29 03:54
Sprott Physical Silver Trust Could Be Behind Elevated Silver Deliveries
The deadline for rolling over the September silver contract expired on August 27, and 14,663 contracts remain open. Record monthly silver deliveries is 17,294 in July.14,663 is close to the nonreportable long positions from the last COT reports of 17,572, and the nonreportables are more likely to stand for delivery than managed money.Unless someone in managed money is specifically in the market for physical silver, like the Sprott Physical Silver Trust.Meanwhile, the new Gold Enhanced Delivery 4GC contract saw its first deliveries on August 20, and it seems only one party is behind it.
Seekingalpha · 08/28 21:15
Gold pulls back as dollar rebound triggers profit-taking
Seeking Alpha - Article · 08/07 20:39
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Learn about the latest financial forecast of SGDM. Analyze the recent business situations of Sprott 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
-4.0314%
--
3-Month
26.4077%
--
6-Month
44.1284%
--
1-Year
41.4274%
--
3-Year
17.3927%
--
5-Year
23.8148%
--
Since Inception
6.3949%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
Sprott Gold Miners ETF
Risk
Low risk
Inception Date
2014-07-14
Benchmark
FTSE Gold Mines CR
Advisor Company
ALPS
Custodian
State Street Bank & Trust Co
Manager
Mischker/Hicks