NUGT

Direxion Daily Gold Miners Index Bull 2X ETF

Fundamental data last updated:September 26, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management - Leveraged

Exchange

AMEX

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

The Direxion Daily Gold Miners Index Bull and Bear 2X ETFs seek daily investment results, before fees and expenses, of either 200%, or 200% of the inverse (or opposite), of the performance of the MarketVector Global Gold Miners Index. There is no guarantee the funds will achieve their stated investment objectives.

 


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VALUATION

P/E

N/A

Market Cap ($M USD)

$991.01M

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

N/A

PRICE TO BOOK

N/A

EV / EBITDA

N/A

5-Year Average P/E

Free Cash Flow Yield

N/A

DCF Value

N/A

Graham Number

N/A

Price to FCF

N/A

EV to FCF

N/A

Earnings Yield

N/A

FCF Yield

N/A

DIVIDEND

Yield

N/A

Annual Payout

N/A

Payout Ratio

N/A

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

N/A

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

N/A

FREE CASH FLOW

Operating Margin

N/A

Debt-to-Equity

N/A

Piotroski F-Score

N/A

Altman Z-Score

N/A

Return on Invested Capital (ROIC)

N/A

Current Ratio

N/A

Quick Ratio

N/A

Net Debt to EBITDA

N/A

Interest Coverage

N/A

Gross Profit margin

N/A

FCF PER SHARE

N/A

REVENUE PER SHARE

N/A

Analyze NUGT on TradingView

Gainseekers Quantitative Analysis

Summary

NUGT’s valuation is a puzzle wrapped in an enigma. With no definitive metrics like DCF Value or Graham Number to anchor its valuation, the market’s pricing seems speculative. The absence of a Forward P/E and Earnings Yield leaves us in the dark about its growth prospects and safety. Furthermore, the lack of an Altman Z-score raises questions about its financial stability. This ETF’s valuation is a black box, making it a risky proposition for any investor seeking clarity.

AI Exposure / Tech Reliance

Operating in the asset management sector, NUGT is uniquely positioned to leverage AI and tech advancements. As a leveraged ETF, it can utilize algorithmic trading and AI-driven insights to optimize its portfolio. However, its success in adapting to these shifts hinges on the broader industry's technological evolution.

The Bull Case

For the bullish investor, NUGT offers a tantalizing opportunity. Despite the absence of explicit metrics like ROIC or FCF Yield, its significant distance from the 52-week low suggests potential upside. The ETF's low beta of 0.4 indicates reduced volatility, appealing to those seeking stability in turbulent markets. This could be a strategic play for investors betting on a rebound in gold mining stocks.

The Bear Case

The bear case for NUGT is glaringly evident. Trading significantly below its 50-Day SMA, it appears technically overextended. The lack of concrete financial metrics like Price/Book or Price/Sales ratios makes it difficult to justify its valuation. Without clear indicators of profitability or cash flow, the ETF's appeal is severely undermined, leaving it vulnerable to market whims.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.40

Insider Buying % (6 Mo)

Distance to 52-Week High

97.52%

Distance to 52-Week Low

57.56%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$182.94

200-DAY SMA

$180.00

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.