Sprott Junior Gold Miners ETF [SGDJ] Stock Forecast

Wall Street was upbeat last week as inflation dropped and triggered the debate over the need for further Fed rate hikes.

Though small-cap stocks underperformed the mega-cap stocks this year, things could turn in favor of the pint-sized stocks now.

SGDJ Could Fall Sharply If Gold Turns Bearish.

Amid the wild swings in the stock market, the technology sector emerged as the biggest winner while banks lost billions.

While recent top 10 performing ETFs of the past few weeks have been dominated by strategies in crypto or tied specifically to volatility, this week, it's China's turn.

Wall Street ended a tumultuous week in the green amid continued worries over the banking system.

While gold equities were up almost twice as much as gold in January, they were down more than twice as much in February. On February 13, B2Gold announced an agreement to acquire junior developer Sabina Gold & Silver in an all-share transaction.

Most bullish calls on gold merely consider one side of the argument. Although gold could surge, nothing is clear-cut. There are some phenomenal junior gold mining stocks out there. However, we think the Sprott Junior Gold Miners ETF portfolio composition is unfavorable.

This week's top-performing ETFs include five China-focused strategies, a far cry from the panic that China would be uninvestable following the Fall's Chinese Communist Party Congress. Led by the top ETF based on one-week returns, the Global X MSCI China Real Estate ETF (CHIR) at 18.

Where did that fall rally go? Whereas markets were boosted by a soft CPI report, investors are now faced with increasingly foreboding words from banks like Bank of America, JP Morgan, and more warnings of economic slowdown or even contraction in 2023.

Sprott Junior Gold Miners ETF is a US stock and trading under the symbol SGDJ

Sprott Junior Gold Miners ETF stock price is $25.799 today.

Yes, Sprott Junior Gold Miners ETF is a publicly traded company.