Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Shares Up 0.6% – What’s Next?

Shares of Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) shot up 0.6% during mid-day trading on Thursday . The stock traded as high as $35.55 and last traded at $35.47. 80,438 shares changed hands during trading, an increase of 56% from the average session volume of 51,602 shares. The stock had previously closed at $35.27.

Sprott Active Gold & Silver Miners ETF Price Performance

The firm has a 50 day simple moving average of $29.65 and a 200-day simple moving average of $25.84. The company has a market cap of $67.75 million and a price-to-earnings ratio of 23.09.

Sprott Active Gold & Silver Miners ETF Company Profile

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.