What’s Propelling BMO Junior Gold Index ETF to Increase So Much?

 What's Propelling BMO Junior Gold Index ETF to Increase So Much?

The stock of BMO Junior Gold Index ETF (TSE:ZJG) is a huge mover today! About 23,000 shares traded hands. BMO Junior Gold Index ETF (TSE:ZJG) has risen 2.17% since April 21, 2016 and is uptrending. It has underperformed by 3.24% the S&P500.
The move comes after 7 months positive chart setup for the $74.30M company. It was reported on Nov, 25 by Barchart.com. We have $8.31 PT which if reached, will make TSE:ZJG worth $2.23 million more.

Another recent and important BMO Junior Gold Index ETF (TSE:ZJG) news was published by Theglobeandmail.com which published an article titled: “Five ETFs to choose from as gold stocks finally come alive” on July 17, 2013.

BMO Junior Gold Index ETF invests in the equity securities of gold mining companies. The ETF has a market cap of $74.30 million. The Fund seeks to replicate, to the extent possible, the performance of a junior gold companies index, net of expenses. It currently has negative earnings. It seeks to replicate the performance of the Dow Jones North America Select Junior Gold Index.

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