Notable companies
The most notable companies in this group are Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Pan American Silver Corp (NYSE:PAAS), Hecla Mining Company (NYSE:HL), SSR Mining (NASDAQ:SSRM).
Industry description
The investment seeks to track the investment results of the MSCI ACWI Select Silver Miners Investable Market Index.
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index has been developed by MSCI Inc. (the "index provider" or "MSCI") to focus on approximately 25 companies in developed and emerging markets that are involved in silver mining or exploration. The fund is non-diversified.
Market Cap
The average market capitalization across the iShares MSCI Global Silver&Mtls Mnrs ETF ETF is 9.58B. The market cap for tickers in the group ranges from 415.12M to 42B. NEM holds the highest valuation in this group at 42B. The lowest valued company is SKE at 415.12M.
High and low price notable news
The average weekly price growth across all stocks in the iShares MSCI Global Silver&Mtls Mnrs ETF ETF was 19%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 106%. SKE experienced the highest price growth at 17%, while SVM experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the iShares MSCI Global Silver&Mtls Mnrs ETF ETF was -36%. For the same stocks of the ETF, the average monthly volume growth was -5% and the average quarterly volume growth was 31%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 58
Price Growth Rating: 50
SMR Rating: 76
Profit Risk Rating: 62
Seasonality Score: 48 (-100 ... +100)