U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Stock Price Down 1% – Here’s Why

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) shares dropped 1% on Friday . The stock traded as low as $23.56 and last traded at $23.83. Approximately 46,105 shares traded hands during trading, an increase of 78% from the average daily volume of 25,894 shares. The stock had previously closed at $24.07.

U.S. Global GO GOLD and Precious Metal Miners ETF Trading Down 1.0 %

The stock’s fifty day simple moving average is $21.77 and its 200-day simple moving average is $21.28. The company has a market capitalization of $109.62 million, a price-to-earnings ratio of 15.65 and a beta of 1.13.

About U.S. Global GO GOLD and Precious Metal Miners ETF

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.