Most recently precious metals shares have gone quite substantially. For example, GDX (the ETF comprising the big miners shares) increased its price by 28.8% in comparison to its bottom established in September 2015. Many other miners and juniors followed GDX.
However, the whole picture is still not bright - please, look at the chart below:
As the chart shows, big miners are still stronger than juniors, which is definitely not a bullish pattern. During the typical bull market in gold, juniors should be stronger than big miners.
On the other hand, this could be a trap. Since 2012 the entire precious market sector has been out of fashion. At this stage probably more money goes to less risky investment - and in the case of PM market, big miners are less risky. So who knows...
Most recently the PM shares hit another record low against the broad market (represented by S&P 500). From a contrarian point of view, it could be a buying opportunity once again.