U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Trading Down 3% – Here’s Why

Shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) traded down 3% during trading on Monday . The stock traded as low as $20.55 and last traded at $20.60. 39,186 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 26,905 shares. The stock had previously closed at $21.23.

U.S. Global GO GOLD and Precious Metal Miners ETF Price Performance

The stock has a market cap of $104.91 million, a P/E ratio of 17.44 and a beta of 0.84. The stock’s 50-day moving average is $20.60 and its two-hundred day moving average is $19.87.

U.S. Global GO GOLD and Precious Metal Miners ETF Company Profile

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers.