MIDSX Midas Discovery Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Wheaton Precious Metals Corp (NYSE:WPM), SSR Mining (NASDAQ:SSRM).

The investment seeks primarily capital appreciation and protection against inflation and, secondarily, current income. In pursuit of its investment objectives, the fund invests at least 65% of its total assets in (i) securities (e.g., common and preferred stocks, bonds, convertible securities, etc.) of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources ("Natural Resources Companies") and (ii) gold, silver, and platinum bullion and coins. The fund is non-diversified.

The average market capitalization across the Midas Discovery MF is 53.4B. The market cap for tickers in the group ranges from 7.77M to 71.53B. WPM holds the highest valuation in this group at 71.53B. The lowest valued company is IMG at 7.77M.

The average weekly volume growth across all stocks in the Midas Discovery MF was 103%. For the same stocks of the MF, the average monthly volume growth was 57% and the average quarterly volume growth was 23%