Nevertheless, Denbow expects mining stocks to move closer with the precious metals as the industry takes on lucrative projects and cuts back less-profitable projects. Additionally, some have even enticed investors with dividend payouts. [The Case for Gold Miner ETFs]

Last week, Global X Funds launched the Global X Junior Miners ETF (NYSEArca: JUNR).

For more information on gold or silver miners, visit our gold miners and silver miners categories.

Max Chen contributed to this article.

Full disclosure: Tom Lydon’s clients own GDXJ.