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Actionable news in AUY: YAMANA GOLD Inc,

Gold Miner Stocks Continue to Outglitter Gold Itself

Comex gold is up a solid 27.5% for the year to date, but gold mining stocks and the exchange-traded fund that tracks the sector are outperforming the precious metal.

The VanEck Vectors Gold Miners ETF (GDX) is up 128.1% year to date and set an all-time high on Wednesday.

Barrick Gold (ABX) is the largest component of the ETF at a weighting of 10.52% and has a gain of 195% year to date.

Yamana Gold (AUY) is a component of the gold ETF with a weighting of just 2.43%. This stock as a gain of 208.1% year to date. The stock was an "option on survival" when it traded as low as $1.38 on Jan. 19. Remember that any stock trading between $1 and $3 a share is considered at "option on survival."

Goldcorp (GG) is the third-largest component of the gold ETF with a weighting of 6.46% and has a gain of 64% year to date.

Newmont Mining (NEM) is the second-largest component of the gold ETF with a weighting of 9.97% and this stock has a gain of 153.3% year to date and set its 2016 high of $46.02 on Wednesday.

Here's the weekly chart for Comex gold.

Courtesy of MetaStock Xenith

The weekly chart...


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