Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Stock Price Up 5.1% – Here’s What Happened

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG)’s share price rose 5.1% during trading on Tuesday . The company traded as high as $49.91 and last traded at $49.15. Approximately 171,100 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 182,882 shares. The stock had previously closed at $46.75.

Sprott Active Gold & Silver Miners ETF Stock Up 5.1%

The company has a fifty day simple moving average of $45.70 and a 200-day simple moving average of $37.72. The firm has a market cap of $201.52 million, a P/E ratio of 23.09 and a beta of 4.80.

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.