AuRico Gold (NYSE: AUQ) and IAMGold (NYSE: IAM) also touched on the issues of costs and balance sheet improvements at the forum, indicating that gold miners may realize investors are skittish about costs with gold futures laboring around $1,300 an ounce. Those three stocks combine for about 6% of GDX’s weight. [Gold’s Bounce Inches Some Miners Back to Profitability]
Market Vectors Gold Miners ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.