Gold mines, small caps
The smaller gold and silver stocks are mostly ignored by the major Wall Street institutions because the trading in them fails to provide the kind of liquidity they like. Nevertheless, these miners trade more or less in line with the majors in the sector and, lately, made it to new 52-week highs.
Since they have smaller capitalizations than the big mining stocks, they are sometimes looked at as possible buy-out candidates. Sometimes, the smaller companies merge with other smallish companies. When that happens the price of the one being purchased can take off.
Such instances don’t always take place but it’s something to keep in mind when considering how to diversify in the sector.
4 Small Cap Gold And Silver Miners.
Perpetua Resources daily price chart, 10 21 24.
Based in Boise, Idaho, the company recently changed its name from Midas Gold and operates facilities…
