GBUG - ETF AI Analysis

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Sprott Active Gold & Silver Miners ETF (GBUG)

Rating:67Neutral

Price Target:―

GBUG, the Sprott Active Gold & Silver Miners ETF, has a solid overall rating that reflects a portfolio led by strong, established miners like Agnico Eagle and Barrick, which bring robust financial performance, positive earnings calls, and supportive technical trends to the fund. Other key holdings such as OceanaGold and Torex Gold also add to the strength with good operations and growth-focused strategies, though some positions like Discovery Silver and G Mining Ventures, which face weaker financials, high debt, or cash flow challenges, likely hold the rating back. The main risk is the fund’s focused exposure to gold and silver mining companies, which can be volatile and sensitive to commodity prices and operational issues in the sector.

Positive Factors

Strong Recent Performance

The ETF has shown strong gains over the past few months, indicating positive momentum in its gold and silver mining holdings.

Top Holdings Showing Solid Gains

Many of the largest positions, such as Coeur Mining, Eldorado Gold, and OceanaGold, have delivered strong year-to-date performance, helping drive the fund’s returns.

Global Mining Exposure

Holdings spread across Canada, the U.S., and Australia give investors access to major gold and silver mining regions rather than relying on a single country.

Negative Factors

High Sector Concentration

With almost all assets in the materials sector, the ETF is heavily exposed to swings in gold and silver mining stocks.

Relatively High Expense Ratio

The fund’s management fee is on the higher side for an ETF, which can reduce net returns over time compared with lower-cost alternatives.

Limited Industry Diversification

Because the ETF focuses narrowly on gold and silver miners, it does not provide the broader diversification across sectors that many investors may want in a core holding.

GBUG vs. SPDR S&P 500 ETF (SPY)

AUM205.28M

RegionGlobal

Expense Ratio0.89%

Beta0.63

IssuerSprott

Inception DateFeb 19, 2025

Dividend Yield1.46%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume140,904

30 Day Avg. Volume136,922

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

62.63

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering38

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

GBUG Summary

GBUG is the Sprott Active Gold & Silver Miners ETF, which focuses on companies that explore and mine gold and silver around the world, mainly in Canada, the U.S., and Australia. It does not track a fixed index; instead, managers actively pick mining stocks they believe are undervalued. Well-known names in the fund include Barrick and Eldorado Gold. Someone might invest in GBUG to gain targeted exposure to gold and silver miners, which can help diversify a stock portfolio and potentially benefit when precious metals are strong. A key risk is that it is heavily tied to gold and silver prices, so its value can swing sharply.

How much will it cost me?The Sprott Active Gold & Silver Miners ETF (GBUG) has an expense ratio of 0.89%, which means you’ll pay $8.90 per year for every $1,000 invested. This is higher than average because it is actively managed, meaning experts carefully select investments rather than following a passive index.

What would affect this ETF?The Sprott Active Gold & Silver Miners ETF (GBUG) could benefit from rising gold and silver prices, which often occur during economic uncertainty or inflation, as investors seek safe-haven assets. However, the ETF may face challenges if mining costs increase due to higher energy prices or stricter environmental regulations, which could impact the profitability of its top holdings. Additionally, global economic stability or declining demand for precious metals could negatively affect the fund's performance.

GBUG Top 10 Holdings

GBUG is a pure play on global gold and silver miners, and its story right now is all about a concentrated bet on a handful of rising mid-cap names. OceanaGold, IAMGOLD, and Dundee Precious Metals have been doing the heavy lifting, riding strong momentum and solid operational updates. G Mining Ventures and Equinox Gold add to the growth tilt, though their more ambitious projects make the ride bumpier. On the flip side, Discovery Silver and Torex Gold have been losing a bit of shine lately, slightly dragging on an otherwise upbeat precious-metals mix.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GMIN	G Mining Ventures	4.92%	$9.50M	C$11.02B	200.90%	53 Neutral
DPM	Dundee Precious Mtl	4.54%	$8.77M	C$10.97B	170.15%	75 Outperform
IAG	IAMGOLD	4.27%	$8.25M	$11.61B	236.67%	73 Outperform
CDE	Coeur Mining	4.06%	$7.85M	$12.96B	234.82%	69 Neutral
OCANF	OceanaGold	3.99%	$7.70M	$7.72B	305.43%	78 Outperform
EQX	Equinox Gold	3.73%	$7.20M	C$15.77B	116.17%	73 Outperform
DSV	Discovery Silver	3.56%	$6.87M	C$7.32B	360.14%	48 Neutral
TXG	Torex Gold Resources	3.55%	$6.86M	C$6.39B	100.08%	77 Outperform
AEM	Agnico Eagle	3.46%	$6.69M	$103.40B	100.33%	80 Outperform
B	Barrick Mining	3.42%	$6.61M	$70.48B	125.45%	80 Outperform

GBUG Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

50.50

Negative

100DMA

44.77

Positive

200DMA

37.02

Positive

Market Momentum

MACD

-0.18

Positive

RSI

37.81

Neutral

STOCH

15.13

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GBUG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 52.74, equal to the 50-day MA of 50.50, and equal to the 200-day MA of 37.02, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 37.81 is Neutral, neither overbought nor oversold. The STOCH value of 15.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GBUG.

GBUG Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GBUG	―	―	$205.28M	0.89%	67 Neutral
BLOK	―	―	$979.67M	0.70%	60 Neutral
BKGI	―	―	$747.99M	0.55%	66 Neutral
AVRE	―	―	$741.85M	0.17%	66 Neutral
ARKX	―	―	$707.69M	0.75%	67 Neutral
GOAU	―	―	$268.60M	0.60%	65 Neutral

Performance Comparison

GBUG

Sprott Active Gold & Silver Miners ETF

46.72

25.66

121.84%

BLOK

Amplify Transformational Data Sharing Etf

―

BKGI

BNY Mellon Global Infrastructure Income ETF

―

AVRE

Avantis Real Estate ETF

―

ARKX

ARK Space Exploration & Innovation ETF

―

GOAU

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

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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