Junior Gold Mining Stocks Could Skyrocket

4 2020 6 30 am et.

Junior gold mining stocks could skyrocket.

This year is expected to be a huge year for mining stocks. By matt whittaker contributor july 1 2020. 4 gold mining stocks to watch gold prices have been on the rise and producers of the precious metal have seen outsized gains. Physical gold in the same period gained about 30.

But the gdxj index of junior mining companies skyrocketed 154. Best junior gold stocks to watch. Direxion daily junior gold miners index bull 2x shares etf jnug includes. Companies like midas pershing gogold pilot b2gold and lydian will play a pivotal role in this emerging opportunity.

Currently speculators are gambling that we ll see an enormous. Kgc is up 61 for the year to date and nearly 90 over the past 12 months. With every price uptick and surge in demand the value of gold explorers also increases as does interest in the sector s junior miners. From 16 87 to 52 5 points within a few months.

If gold explodes into a mania wpm stock is unlikely to skyrocket with its peers although it s proving to be very robust right now. Most recently our resident gold expert gerardo del real has released his latest research on a exciting new trading strategy that gets you in and out of mining stocks every 30 60 days. Top gold mining stocks. There are many benefits to buying gold stocks instead of the physical metal.

Aaau asa bar dgl dgld dgp dgz. The main draw is that these companies offer the potential of leveraged upside to the price of 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. Here s a look at five top five gold mining stocks with a glance at three mining related etfs.

Junior gold mining stocks could skyrocket.