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), Kinross Gold Corp (NYSE:KGC).
Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its net assets in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.
Market Cap
The average market capitalization across the Gabelli Gold AAA MF is 18.55B. The market cap for tickers in the group ranges from 780.17M to 42B. NEM holds the highest valuation in this group at 42B. The lowest valued company is WDOFF at 780.17M.
Volume
The average weekly volume growth across all stocks in the Gabelli Gold AAA MF was 13%. For the same stocks of the MF, the average monthly volume growth was 24% and the average quarterly volume growth was -6%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 55
P/E Growth Rating: 62
Price Growth Rating: 33
SMR Rating: 58
Profit Risk Rating: 39
Seasonality Score: 0 (-100 ... +100)