USAGX Victory Precious Metals and Minerals Forecast, Technical & Fundamental Analysis

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

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 and Minerals MF is 21.35B. The market cap for tickers in the group ranges from 3.42B to 42B. NEM holds the highest valuation in this group at 42B. The lowest valued company is BTG at 3.42B.

The average weekly volume growth across all stocks in the Victory Precious Metals and Minerals MF was -17%. For the same stocks of the MF, the average monthly volume growth was -36% and the average quarterly volume growth was -7%