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).
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GDXJ.