Kinross Gold Corporation vs T-Rex 2X Long MSTR Daily Target ETF — how do they compare? Kinross Gold Corporation trades at $23.45 (market cap $26.63B), while T-Rex 2X Long MSTR Daily Target ETF trades at $2.13. The key difference: Kinross Gold Corporation pays a 0.64% dividend while T-Rex 2X Long MSTR Daily Target ETF pays none, and Kinross Gold Corporation is trading nearer its 52-week high, T-Rex 2X Long MSTR Daily Target ETF nearer its low. Which is the better fit depends on your goals.
| KGC | MSTU | |
|---|---|---|
Market Cap | $26.63B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $38.06 | $92.70 |
52-Week Low | $15.42 | $1.46 |
Enterprise Value | $25.18B | — |
Dividend Yield | 0.64% | — |
Trailing returns across standard periods
Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.
Read more on KGC →MSTU is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the MicroStrategy Incorporated (MSTR) stock. It is designed as a tactical tool for experienced traders to take a bullish (long) position in MSTR, a company known for its significant Bitcoin holdings. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
Read more on MSTU →