Not marginablemy broker's margin rqmt on KGN is 100%. I know we should not use leverage in this sector, but I'd bet it's a factor.
Few weeks back, I thought that policy was odd, based on past extreme volatility, but KGN had traded calmly in the 7.5 to 9.5 range for many months. Ha, they were right. right now, GDXJ is hurting them too.