Its cash is too low. And yes, since its in the same category as GDX, it would add no real diversification from our basket of companies in GDX. Correct. So, I don’t know if its “in” GDX but it certainly wouldn’t add any more stability/advantage to your portfolio by adding it.
Absolutely. Thanks! (Should’ve searched first, still getting in the habit of that). Sometimes it seems the fundamentals can change enough to make a significant difference in a fairly short time frame though.
Fundamentals normally change slowly, but prices change quickly.
While AUY doesn’t have as strong of fundamentals as some, the rising trend of gold/metals prices saves it, much like a person that’s in debt in a good economy vs a person that’s in debt in a bad economy.