About Premium Create free account Log in Create a free account to read the full article Gain access to the world’s leading investment community. Already registered? Sign in with Google Sign in with Apple
Gold stocks have joined gold with their own decisive breakout. GDX finally burst back above its long-oppressing $25 upper-resistance line this week.
Price / NNWC - Compares the current stock price to the Net Net Working Capital (NNWC) where NNWC equals Cash & Equivalents + (Accounts Receivables x 0.75) + (Inventory x 0.5) - Total Liabilities.View Full List Search for metric or datapoint WACC Our estimate of the weighted average cost...
The classic way to measure gold-stock-sector price action is with the HUI NYSE Arca Gold BUGS Index. But the HUI benchmark is being increasingly usurped by the GDX VanEck Vectors Gold Miners ETF as the gold-stock metric of choice. GDX is used far more often than the HUI in gold-stock...
0.9% the size of the S&P 500. But within these GDX components, the top 5 alone account for a whopping 46% of all components’ total market cap. So just like the HUI, GDX’s price action is dominated by a handful of major gold and silver miners with stock prices that have stagnated....
gdx is the lens through which most traders now view gold-stock fortunes. and they’ve been excellent in recent months, with gdx boasting performance well outpacing gold as well as the general stock markets. this first chart looks at this sector etf’s price action over the last several ...