Notable companies
The most notable companies in this group are Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the daily performance of the Dow Jones Precious MetalsSM Index.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index seeks to measure the performance of certain companies in the precious metals mining sector. It is non-diversified.
Market Cap
The average market capitalization across the ProFunds Precious Metals UltraSector Inv MF is 59.51B. The market cap for tickers in the group ranges from 944.67M to 138.64B. NEM holds the highest valuation in this group at 138.64B. The lowest valued company is ABX at 944.67M.
Volume
The average weekly volume growth across all stocks in the ProFunds Precious Metals UltraSector Inv MF was 107%. For the same stocks of the MF, the average monthly volume growth was 59% and the average quarterly volume growth was 24%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 72
Price Growth Rating: 36
SMR Rating: 44
Profit Risk Rating: 47
Seasonality Score: -23 (-100 ... +100)