T. Rowe Price New Era (PRNEX)
T. Rowe Price New Era operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $49.03, up 0.68% on the session, giving a market capitalisation of $5.32B. Its beta of 0.50 implies it has historically moved less than the broad market.
The fund will normally invest a minimum of two-thirds of its assets in the common stocks of natural resource companies. The earnings and tangible assets of natural resources companies may benefit from periods of accelerating inflation. It also invests in other growth companies that the adviser believes have strong potential for earnings growth but do not own or develop natural resources.
T. Rowe Price New Era is most often compared with the following Financial Services names: