Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Stock Price Down 0.5% – What’s Next?

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) shares dropped 0.5% on Tuesday . The stock traded as low as $47.28 and last traded at $47.34. Approximately 109,561 shares traded hands during trading, an increase of 7% from the average daily volume of 102,480 shares. The stock had previously closed at $47.60.

Sprott Active Gold & Silver Miners ETF Trading Down 0.5%

The firm has a 50 day simple moving average of $41.65 and a 200 day simple moving average of $35.01. The firm has a market capitalization of $165.69 million, a PE ratio of 23.09 and a beta of 4.80.

About Sprott Active Gold & Silver Miners ETF

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.