NUGT

Direxion Daily Gold Miners Index Bull 2X ETF

Fundamental data last updated:November 6, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management - Leveraged

Exchange

AMEX

County of HQ

United States

Next Earnings Date

Not Scheduled

Business Summary

NUGT's business model revolves around providing leveraged exposure to the gold mining sector. By amplifying returns, it attracts investors seeking high-risk, high-reward opportunities. Its competitive moat lies in its unique positioning within the leveraged ETF space, offering a niche product for speculative traders. However, its reliance on market volatility and gold price movements makes it inherently risky.

 


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VALUATION

P/E

N/A

Market Cap ($M USD)

$908.22M

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

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Gainseekers Quantitative Analysis

Summary

The market’s perception of NUGT Direxion Daily Gold Miners Index Bull 2X ETF is shrouded in ambiguity. With no clear valuation metrics like DCF Value or Graham Number, investors are left in the dark about its intrinsic worth. The absence of Forward P/E and Earnings Yield further complicates any assessment of growth potential or safety. The lack of an Altman Z-score leaves questions about financial stability unanswered. This ETF’s valuation is a black box, making it a risky proposition for those seeking clarity.

AI Exposure / Tech Reliance

Operating within the Asset Management - Leveraged industry, NUGT is uniquely positioned to leverage AI and modern tech shifts. Its focus on financial services suggests potential adaptability to algorithmic trading and data-driven investment strategies. However, without concrete metrics, its tech resilience remains speculative.

The Bull Case

For the bullish investor, the allure of NUGT lies in its potential for leveraged exposure to gold miners. While traditional metrics like ROIC, FCF Yield, and Piotroski F-Score are absent, the ETF's design inherently offers amplified returns in bullish gold markets. This structure can appeal to those seeking aggressive capital appreciation, banking on gold's upward trajectory.

The Bear Case

The bear case for NUGT is glaringly evident in its technical overextension. Trading significantly below its 50-Day and 200-Day SMAs, it suggests a recent downturn or correction. The ETF's proximity to its 52-week low further highlights potential structural weaknesses. Without clear valuation metrics, investors face heightened uncertainty and risk.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.61

Insider Buying % (6 Mo)

Distance to 52-Week High

142.01%

Distance to 52-Week Low

25.45%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$165.54

200-DAY SMA

$179.30

⚠️ 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.