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Gold Miners ETF (SGDJ) Hits New 52-Week High
ZACKSยท2025-07-23 10:01

Group 1 - The Sprott Junior Gold Miners ETF (SGDJ) has reached a 52-week high, increasing 82.40% from its low of $29.44 per share [1] - The underlying index of SGDJ tracks small-cap gold companies listed on regulated exchanges, with an annual fee of 50 basis points [2] - Gold producers are expected to report record profit margins this earnings season due to a significant rise in gold prices, which increased over $400 in Q2, while costs have stabilized [3] Group 2 - Gold prices are projected to average $3,200 per ounce in 2025-26, with mid-tier and intermediate miners offering strong value due to leverage to prices, reserve upside, and M&A potential [4] - SGDJ is likely to maintain its strong performance in the near term, indicated by a positive weighted alpha of 69.90, suggesting potential for further gains [5]