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SIXG

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--%
1d
1w
1m

Analysis and statistics

  • Open
    54.8321$
  • Previous Close
    55.0642$
  • 52 Week Change
    --
  • Day Range
    -0.23$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SIXG.US represents NextBridge Hydrocarbons Inc. This company holds oil and gas assets in the Permian Basin and is structured as a private company after a corporate action. It is no longer publicly traded and the symbol may represent historical data or trading activity prior to the restructuring. Investors previously holding shares of its predecessor company, Torchlight Energy Resources (TRCH), received NextBridge Hydrocarbons units. The units represent ownership in the private NextBridge Hydrocarbons and are subject to specific transfer restrictions.
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Factors

Underlying Gold Price: SIXG.US tracks gold, so gold's market price heavily influences its value. Supply, demand, and economic conditions drive gold prices.

Currency Exchange Rates: SIXG.US is priced in USD, but gold trades globally. Fluctuations between USD and other currencies affect the ETF's USD price.

ETF Supply and Demand: Increased demand for SIXG.US can push its price above its net asset value (NAV), while high supply can depress it.

Interest Rates: Gold tends to perform better in low-interest-rate environments. Higher rates can make interest-bearing assets more attractive, reducing gold demand.

Geopolitical Risk: Economic or political uncertainty often drives investors to gold as a safe haven, increasing demand for SIXG.US and pushing up the price.

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