iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Trading Up 21.1% – Time to Buy?

Shares of iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVPGet Free Report) were up 21.1% during mid-day trading on Monday . The stock traded as high as $12.72 and last traded at $15.00. Approximately 110,600 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 163,136 shares. The stock had previously closed at $12.39.

iShares MSCI Global Silver and Metals Miners ETF Stock Up 21.1 %

The company has a market capitalization of $255 million, a P/E ratio of 31.93 and a beta of 1.16. The business has a 50 day moving average of $13.58 and a 200 day moving average of $13.28.

About iShares MSCI Global Silver and Metals Miners ETF

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The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.

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