Mining Stocks Climb Into Top 10 Of IBD Industry Ranks

By | August 1, 2014

Scalper1 News

Gold and silver miners have risen into the upper echelon of IBD’s industry ranks in recent weeks amid a pickup in profit growth. The Mining-Gold/Silver/Gems industry stood at No. 7 out of 197 as of Friday’s IBD. That’s up from No. 26 six weeks ago. Also, the broader mining sector was ranked fifth out of 33. As a whole, the 50-stock group is up 29% this year, easily outpacing the S&P 500’s 4% gain. Agnico Eagle Mines (AEM) leads the industry with a Scalper1 News

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