As U.S. equities have tacked higher in recent weeks, pushing the Dow Jones Industrial Average back over the 18,000 level for the first time since July, precious metals stocks have been a big contributor.
Gold futures have inched back towards their early March high. Silver futures have soared to test levels not seen since last May.
As a result, gold mining stocks represented by the Market Vectors Gold Miners (GDX) have returned to levels not seen since September 2014.
I had recommended a number of the stocks in this area late last year, including Barrick Gold Corporation (USA) (ABX), which went on to gain nearly 90% for Edge subscribers when the trade was closed in March.
Now, it’s time to take another look at these stocks. Here are three to watch.