The stocks saw some pushback as of late, but is up again this morning. All things considered, the stock is relatively cheap compared to historical averages right now. Over the last 5 years, it has typically traded around 14.5 times forward earnings. It now sits at just under 10.
Obviously to reduce volatility we are strong advocates of averaging into a position, but it's ultimately up to you.
In terms of what inning gold is in, we're bullish over the long term for sure. Just expect significant volatility moving forward, as with most gold miners.