Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Trading Up 1.3% – Still a Buy?

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) shares were up 1.3% during trading on Tuesday . The stock traded as high as $55.37 and last traded at $55.13. Approximately 91,373 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 154,499 shares. The stock had previously closed at $54.44.

Sprott Active Gold & Silver Miners ETF Trading Up 1.3%

The firm has a market cap of $228.79 million, a P/E ratio of 23.09 and a beta of 4.80. The business’s fifty day simple moving average is $48.53 and its 200-day simple moving average is $40.37.

About Sprott Active Gold & Silver Miners ETF

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.