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Which Gold Miners Could Offer Valuation Upsides after Q3 2018?

Annie Gilroy
Which Gold Miners Could Offer Valuation Upsides after Q3 2018?

Which Gold Miners Have Shown Upside Potential since Q3? As we discussed in As Positive Catalysts for Gold Emerge, Which Miners May Benefit? gold miners are looking inexpensive compared to broader equities. The average ratio of the NYSE Arca Gold Miners Index and the S&P 500 Index (SPY) is 0.20 compared to the ten-year average of 0.68.