Sprott Gold Miners ETF (SGDM)
| Assets | $284.73M |
| Expense Ratio | 0.50% |
| PE Ratio | 30.70 |
| Shares Out | 8.87M |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 1.04% |
| Ex-Dividend Date | Dec 14, 2023 |
| Payout Ratio | 31.80% |
| 1-Year Return | +34.71% |
| Volume | 48,486 |
| Open | 33.77 |
| Previous Close | 33.42 |
| Day's Range | 33.40 - 34.09 |
| 52-Week Low | 20.72 |
| 52-Week High | 34.09 |
| Beta | 0.93 |
| Holdings | 38 |
| Inception Date | Jul 15, 2014 |
About SGDM
Fund Home PageThe Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is issued by Sprott.
Top 10 Holdings
66.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 13.92% |
| Agnico Eagle Mines Limited | AEM | 9.44% |
| Barrick Gold Corporation | ABX | 8.51% |
| Wheaton Precious Metals Corp. | WPM | 7.32% |
| Franco-Nevada Corporation | FNV | 6.45% |
| Lundin Gold Inc. | LUG | 4.58% |
| Torex Gold Resources Inc. | TXG | 4.27% |
| Orla Mining Ltd. | OLA | 3.89% |
| Royal Gold, Inc. | RGLD | 3.88% |
| SSR Mining Inc. | SSRM | 3.79% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2023 | $0.3475 | Dec 21, 2023 |
| Dec 15, 2022 | $0.3506 | Dec 22, 2022 |
| Dec 15, 2021 | $0.3629 | Dec 22, 2021 |
| Dec 16, 2020 | $0.09279 | Dec 23, 2020 |
| Dec 19, 2019 | $0.0631 | Dec 27, 2019 |
| Dec 20, 2018 | $0.08762 | Dec 27, 2018 |
News
Gold Miners Unnoticed Despite Potential Record Q3 Earnings
Gold prices have risen over 30% this year. So it's no wonder that miners are headed for a record third-quarter earnings season.
Mixed Economic Data Maintains Bullish Case for Gold
Economic data could put the Federal Reserve in a state of flux as it decides to cut interest rates while still receiving data that the economy is running hot. In the meantime, this maintains the bulli...
Gold Demand in China & India Could Keep Prices Elevated
Gold continues to push higher, eyeing the $2,700 price mark. Even if a pullback eventually occurs, demand from countries like China and India could keep the precious metal elevated.
Rise to $3,000 for Gold ‘Only a Matter of Time'
Gold is continuing its climb, breaching the $2,600 mark recently. It looks well on its way past $2,700.
Commodity ETF Flows: All That Glitters Is Gold
Gold ETFs are leading in flows across commodity funds as investors prepare for the shifting economic regime. The precious metal's prices reached an all-time high on Thursday following the Federal Rese...
Gold Pushes Past $2,600 En Route to New Highs
Rate cut expectations continue to add fuel to gold's serendipitous rise this year as the precious metal pushes past the $2,600 mark. Gold is already up over 26% for the year, outpacing the S&P 500.
Looming Rate Cuts Can Keep Gold Bullish
Gold rallying may have been unforeseen by some, but to the vast majority, it could still offer a bullish investment prospect especially with interest rate cuts looming. The precious metal is up over 2...
Gold Mining Stocks Offer Investors Plenty of Value
Mining stocks can certainly benefit from gold's run as the precious metal looks to break past the $2,600 per ounce mark. Gold prices are already up about 23% for the year and could keep on rallying wi...
Gold ETF Inflows and Central Banks Push Metal to New Highs
Gold's rally to new highs is getting assistance from central banks buying and inflows into gold-focused exchange-traded funds. Along with optimism from forthcoming rate cuts, it could see the precious...
SGDM: Potential For A Golden Run
Gold Miners ETFs offer a convenient and diversified way to invest in the gold market without the hassle of physical gold. The Sprott Gold Miners ETF focuses on larger-sized gold companies with high gr...
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
SGDM: A Bet On Active Managers
Gold is on the verge of closing a monthly candle above $2,000 per ounce, signaling a breakout. Gold miners have historically outperformed gold during uptrends, making them a potential opportunity for ...
SGDM: Conditions For Gold Miners Are Improving (Rating Upgrade)
Gold prices have remained resilient despite rising interest rates. Q2'23 data shows that miners' cost metrics are stabilizing and improving compared to Q1'23. The end of the monetary tightening cycle ...