Should You Buy Gold Mining ETFs on the Dip? March 15, 2021
Recent lethargy in gold might seem to be unappealing, but it could also spell opportunity for investors embracing high quality mining assets, such as those found in the
SGDM tracks the Solactive Gold Miners Custom Factors Index and “emphasizes gold companies with the highest revenue growth and free cash flow yield, and the lowest long-term debt to equity ratio,” according to the issuer.
The fund’s focus on quality, one that traditional peers often lack, may help investors position for a rebound in mining equities.
“The gold market has struggled early in 2021 as bond yields have spiked to a one-year high. However, Rory Townsend, head of gold research at Wood Mackenzie, said in a telephone interview with Kitco News on the sidelines of the Prospectors & Developers Association of Canada (PDAC) virtual mining conference that he sees the rise in bond yields as a bit of a head fake and that gold prices should recover
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Anticipates Endeavour Silver Corp. Becoming Largest Shareholder
This News Release is not for Distribution to U.S. Newswire Services or for Dissemination in the United States
VANCOUVER, BC / ACCESSWIRE / March 10, 2021 / VanGold Mining Corp (the
Company or
Units ) at a price of $0.30 per Unit announced December 23, 2020 (the
Private Placement ) and expanded on January 19, 2021, January 25, 2021, and February 17, 2021. The Company has issued a total of 56,500,000 Units for gross proceeds of $16,950,000 with each Unit consisting of one common share of the Company and one half (1/2) of a common share purchase warrant (each whole warrant a
Warrant ). Each Warrant entitles the holder to purchase an additional common share of the Company at a price of $0.45 within three years of closing, subject to acceleration in certain events.
March 9, 2021
When it comes to precious metals and the clean energy equation, silver gets most of the attention, but there’s utility with platinum and the
SPPP provides “a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The Trust offers a number of compelling advantages over traditional exchange-traded platinum and palladium funds,” according to the issuer.
“As the coronavirus pandemic brought worldwide economies to a standstill in 2020 platinum demand fell by one million ounces, according to the World Platinum Investment Council, an industry group,” reports Pippa Stevens for CNBC. “But supply fell by 1.3 million ounces amid Covid-related disruptions as well as outages at some key plants. Ultimately platinum demand which averages about eight million ounces per year was pushed into a deficit.”