Point Roberts, WA - August 29, 2017 (Investorideas.com Newswire) Investorideas.com, a global news source covering leading sectors including mining stocks releases an updated sector snapshot for gold stocks and ETF's as gold rose to its ten month high this week.
The VanEck Vectors Gold Miners ETF (GDX) is currently trading at $24.43, up 0.17 (+0.70 %) with a day's high of $24.74. The VanEck Vectors Junior Gold Miners ETF (GDXJ) is trading at $35.48, up 0.24 (+0.68 %) with a high of $36.14.
The SPDR Gold Shares (GLD) is up trading as high as $125.87, currently trading at $124.96, up 0.27 (+0.22%).
Pershing Gold is an emerging gold producer whose primary asset is the Relief Canyon Mine in Pershing County, Nevada. Relief Canyon includes three historic open-pit mines and a state-of-the-art, fully permitted and constructed heap-leach processing facility. Pershing Gold is currently permitted to resume mining at Relief Canyon under the existing Plan of Operations.
Pershing Gold's landholdings cover approximately 25,000 acres that include the Relief Canyon Mine asset and lands surrounding the mine in all directions. This land package provides Pershing Gold with the opportunity to expand the Relief Canyon Mine deposit and to explore and make new discoveries on nearby lands.
Newmont Mining Corp (NEM), the S&P 500's top gainer yesterday is trading down with a day's range of $37.78 - $38.85.
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