Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Shares Up 5.1% – Should You Buy?

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) shares shot up 5.1% during mid-day trading on Tuesday . The stock traded as high as $49.91 and last traded at $49.15. 171,100 shares traded hands during trading, a decline of 6% from the average session volume of 182,882 shares. The stock had previously closed at $46.75.

Sprott Active Gold & Silver Miners ETF Stock Up 5.1%

The business’s fifty day moving average is $45.70 and its two-hundred day moving average is $37.72. The stock has a market capitalization of $201.52 million, a PE ratio of 23.09 and a beta of 4.80.

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.