ProShares Ultra Gold Miners (NYSEARCA:GDXX) Shares Up 5.8% – Time to Buy?

Shares of ProShares Ultra Gold Miners (NYSEARCA:GDXXGet Free Report) shot up 5.8% during mid-day trading on Tuesday . The company traded as high as $55.46 and last traded at $54.16. 19,600 shares traded hands during trading, an increase of 114% from the average session volume of 9,161 shares. The stock had previously closed at $51.19.

ProShares Ultra Gold Miners Stock Performance

The firm’s 50-day simple moving average is $54.16 and its 200 day simple moving average is $54.16.

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