Powerful and profitable miners

The gold miner ETF of GDX broke a new historic high, with a net February gain of +$21.64 (23.0%) to $115.84. 

GDX, monthly 

 

Summary

A very positive end to the month, breaking a new historic high of $115.99. Monthly momentum accelerated upward, and is on the extremely high side. Monthly RSI 89s remains very overbought. 
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Four of the key miners...

Agnico Eagle Mines (AEM)

 

Agnico broke a new hist' high of $252.78, if cooling back for a net February gain of +$61.10 (32.1%) to $251.60. Monthly momentum accelerated upward, and is on the very high side. Vol' was a reduced 49.7M. 
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Newmont (NEM) 

 

Newmont saw a net February gain of +$17.65 (15.7%) to $130.00. Monthly momentum ticked higher, and is on the extremely high side. Vol' was a pretty standard 183M 
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Barrick Mining (B)

Barrick Mining saw a net February gain of +$5.33 (11.7%) to $50.74. Momentum is on the very high side. Vol' was a little lower at 321M
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Pan American Silver (PAAS)

 

Pan American Silver saw a net February gain of +$14.10 (25.8%) to $68.60. Volume remained a high 159M.  
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Of the four, yours truly favours Newmont.

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Wild month for the miners

The gold miner ETF of GDX saw a net January gain of +$8.43 (9.8%) to $94.20. 

GDX, monthly 

 

Summary

The collective of miners printed a new historic high of $113.50, if spiraling back to settle at $94.20. January's candle is very spiky on the upper side, and threatens further cooling in early February. Monthly momentum ticked upward, and is on the very high side. Monthly RSI 85s remains overbought. 
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Four of the key miners...

Agnico Eagle Mines (AEM)

 

Agnico broke a new hist' high of $225.00, if cooling back for a net January gain of +$20.97 (12.4%) to $190.50. Monthly momentum ticked a touch upward, and is on the very high side. Vol' picked up to 60.2M. 
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Newmont (NEM) 

 

Newmont broke a new hist' high of $134.88, if cooling back for a net January gain of +$12.50 (12.5%) to $112.35. Monthly momentum ticked a little higher, and is on the extremely high side. Vol' was a pretty standard 205M 
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Barrick Mining (B)

 

Barrick Mining broke a new hist' high of $54.69, if cooling back for a net January gain of +$2.24 (5.1%) to $45.79. Momentum is on the very high side. Vol' was a little higher at 325M
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Pan American Silver (PAAS)

 

Pan American Silver printed a new hist' high of $69.99, if cooling back for a net January gain of +$2.79 (5.4%) to $54.60. Volume was a historic 186M.  
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Of the four, yours truly favours Newmont.

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A year for the miners

The gold miner ETF of GDX saw a net December gain of +$3.14 (3.8%) to $85.77. For the year, GDX was net higher by a monstrous $52.10 (+154.8%).

GDX, monthly 

 

Summary

The collective of miners printed a new historic high of $91.67, if cooling back to $85.77 December's candle is rather spiky on the upper side, and threatens some cooling in early 2026. Monthly momentum ticked upward, and is on the very high side. Monthly RSI 82s remains overbought. 

For the year, GDX was net higher by a monstrous +154.8%, helped by powerful upside in gold,  silver, and further helped by the positive equity market. 
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Four of the key miners...

Agnico Eagle Mines (AEM)

 

Agnico saw a net December decline of -$4.50 (2.6%) to $169.53. Monthly momentum ticked a touch lower, and is on the very high side. Vol' picked up to 53.3M. 
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Newmont (NEM) 

 

Newmont saw a net December gain of +$9.12 (10.0%) to $99.85. Monthly momentum ticked a little higher, and is on the extremely high side. Vol' was a pretty standard 191M 
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Barrick Mining (B)

 

Barrick saw a net December gain of +$2.21 (5.3%) to $43.55. Momentum is on the very high side. Vol' further declined to 264M
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Pan American Silver (PAAS)

 

Pan American Silver saw a net December gain of +$6.14 (13.4%) to $51.81. Volume remained a high 146M 
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Of the four, yours truly favours Agnico Eagle Mines, which has been the sector leader for over a year.
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