The Traderszone Network

Published in TZ Latest News 1 August, 2014 by The TZ Newswire Staff

Mining Stocks Climb Into Top 10 Of IBD Industry Ranks

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.

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