USAGX Victory Precious Metals and Minerals 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), Gold.com Inc. (NYSE:GOLD).

The investment seeks long-term capital appreciation and to protect the purchasing power of capital against inflation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of companies principally engaged in the exploration, mining, or processing of precious metals and minerals. It is non-diversified.

The average market capitalization across the Victory Precious Metals and Minerals MF is 37.24B. The market cap for tickers in the group ranges from 1.09B to 95.23B. NEM holds the highest valuation in this group at 95.23B. The lowest valued company is GOLD at 1.09B.

The average weekly volume growth across all stocks in the Victory Precious Metals and Minerals MF was -27%. For the same stocks of the MF, the average monthly volume growth was -55% and the average quarterly volume growth was -70%