Direxion Daily Gold Miners Index Bull 2X Shares (NUGT)
- Previous Close
43.40 - Open
44.35 - Bid 43.33 x 900
- Ask 43.33 x 900
- Day's Range
43.18 - 44.57 - 52 Week Range
23.15 - 60.74 - Volume
1,316,228 - Avg. Volume
1,841,186 - Net Assets 559.3M
- NAV 43.46
- PE Ratio (TTM) 23.13
- Yield 1.42%
- YTD Daily Total Return 26.19%
- Beta (5Y Monthly) 1.52
- Expense Ratio (net) 1.18%
The index is comprised of publicly traded common stocks, ADRs or global depositary receipts of companies that operate globally in both developed and emerging markets, and are involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Direxion Funds
Fund Family
Trading--Leveraged Equity
Fund Category
559.3M
Net Assets
2010-12-08
Inception Date
Performance Overview: NUGT
View MoreTrailing returns as of 11/20/2024. Category is Trading--Leveraged Equity.
People Also Watch
Holdings: NUGT
View MoreTop 2 Holdings (56.02% of Total Assets)
Sector Weightings
Recent News: NUGT
View More
Research Reports: NUGT
View MoreRaising target price to $87.00
AGNICO EAGLE MINES LTD has an Investment Rating of HOLD; a target price of $87.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $24.00
PAN AMERICAN SILVER CORP has an Investment Rating of HOLD; a target price of $24.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetNewmont: We Extend Coverage to Its Australian-Listed CDIs; Shares Undervalued
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.
RatingPrice TargetCorporate Action: Vote in Favor of Newmont’s Purchase of Newcrest via Scheme of Arrangement
Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.
RatingPrice Target