GBUG: Gold Miners Still Look Undervalued And Have Significant Upside Potential
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Power HedgeInvesting Group LeaderFollow5ShareSavePlay(32min)Comments(2)SummaryThe Sprott Active Gold & Silver Miners ETF offers actively managed exposure to undervalued gold and silver miners, targeting long-term capital appreciation.GBUG's diversified portfolio, low single-stock concentration, and 1.45% yield provide risk mitigation and outperform both GDX and the S&P 500 since inception.Despite recent sector outperformance, GBUG holdings trade at attractive valuations, with forward P/E ratios generally below the S&P 500, suggesting further upside as gold prices rise.Structural monetary expansion, ongoing geopolitical tensions, and rising gold prices support a bullish outlook for GBUG's portfolio and potential for continued earnings beats.Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » matejmo/iStock via Getty Images The Sprott Active Gold & Silver Miners ETF (GBUG) is an actively managed exchange-traded fund that aims to provide its investors with long-term capital appreciation by investing in the common equities of gold-focused andThis article was written byPower Hedge16.13K FollowersFollowPower Hedge has been covering both traditional and renewable energy since 2010. He targets primarily international companies of all sizes that hold a competitive advantage and pay dividends with strong yields. He is the leader of the investing group Energy Profits in Dividends where he focuses on generating income through energy stocks and CEFs while managing risk through options. He also provides micro and macro-analysis of both domestic and international energy companie. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NEM, ASA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am long physical gold, physical silver, and physical platinum. I am long shares of ASA, which does hold positions in many of the stocks mentioned in this article. I may increase my position in any of these securities within the next 72 hours. I exercise no control over ASA, and its positions may change at any time without my input or knowledge. I hold a direct long position in NEM. I have no expectation of selling any of my positions in physical precious metals or mining companies in the near future.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.