UIPMX Victory Precious Metals & Minerals Instl Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Barrick Gold Corp (NYSE:GOLD).

The investment seeks long-term capital appreciation and to protect the purchasing power of capital against inflation. The fund normally invests at least 80% of its assets in equity securities of domestic and foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds. It is non-diversified.

The average market capitalization across the Victory Precious Metals & Minerals Instl MF is 41.9B. The market cap for tickers in the group ranges from 5.53B to 83.67B. NEM holds the highest valuation in this group at 83.67B. The lowest valued company is BTG at 5.53B.

The average weekly volume growth across all stocks in the Victory Precious Metals & Minerals Instl MF was 29%. For the same stocks of the MF, the average monthly volume growth was 32% and the average quarterly volume growth was 14%