VanEck Gold Miners ETF (GDX)
- Previous Close
37.23 - Open
36.26 - Bid 36.42 x 21500
- Ask 36.54 x 1200
- Day's Range
35.90 - 36.56 - 52 Week Range
25.62 - 39.41 - Volume
29,430,801 - Avg. Volume
20,908,534 - Net Assets 13.23B
- NAV 37.37
- PE Ratio (TTM) 30.44
- Yield 1.47%
- YTD Daily Total Return 20.06%
- Beta (5Y Monthly) 0.96
- Expense Ratio (net) 0.51%
The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.
VanEck
Fund Family
Equity Precious Metals
Fund Category
13.23B
Net Assets
2006-05-16
Inception Date
Performance Overview: GDX
View MoreTrailing returns as of 7/24/2024. Category is Equity Precious Metals.
People Also Watch
Holdings: GDX
View MoreTop 10 Holdings (64.21% of Total Assets)
Sector Weightings
Recent News: GDX
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Research Reports: GDX
View MoreLowering target price to $24.00
PAN AMERICAN SILVER CORP has an Investment Rating of HOLD; a target price of $24.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetLowering target price to $79.00
AGNICO EAGLE MINES LTD has an Investment Rating of HOLD; a target price of $79.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetNewmont: We Extend Coverage to Its Australian-Listed CDIs; Shares Undervalued
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.
RatingPrice TargetCorporate Action: Vote in Favor of Newmont’s Purchase of Newcrest via Scheme of Arrangement
Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.
RatingPrice Target