Following a strong move off the recent low in spot gold, which moved from $1146 on the lows Friday to trade over $1200 on the highs Tuesday, shares of gold mining stocks are also showing some upside.
Some of the notable names and the three-day moves from last Friday's lows:
- Newmont Mining Corp NEM - $17.75 to $19.60, up 10.4 percent
- Barrick Gold Corporation (USA) ABX - $11.30 to $12.95, up 14.6 percent
- AngloGold Ashanti Limited (ADR) AU - $8.40 to $9.92, up 18.09 percent
- Goldfields Limited (ADR) GFI - $3.64 to $4.26, up 17.03 percent
Shares of the two major gold mining ETFs also have shown strong performance:
- Gold Miners ETF GDX - $17.54 to $19.83, up 13.05 percent
- Junior Gold Miners ETF GDXJ - $23.86 to $29.01, up 21.58 percent
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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