Notable companies
The most notable companies in this group are Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Pan American Silver Corp (NYSE:PAAS), Hecla Mining Company (NYSE:HL), FIRST MAJESTIC SILVER Corp (NYSE:AG), SSR Mining (NASDAQ:SSRM).
Industry description
The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
Market Cap
The average market capitalization across the Precious Metals Industry is 1.04B. The market cap for tickers in the group ranges from 575 to 47.49B. ZIJMY holds the highest valuation in this group at 47.49B. The lowest valued company is DRIFF at 575.
High and low price notable news
The average weekly price growth across all stocks in the Precious Metals Industry was -6%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -2%. NMEX experienced the highest price growth at 105%, while IAUX experienced the biggest fall at -65%.
Volume
The average weekly volume growth across all stocks in the Precious Metals Industry was 62%. For the same stocks of the Industry, the average monthly volume growth was 97% and the average quarterly volume growth was 23%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 53
P/E Growth Rating: 79
Price Growth Rating: 59
SMR Rating: 88
Profit Risk Rating: 88
Seasonality Score: 10 (-100 ... +100)