GDX - VanEck Vectors Gold Miners ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
22.18
+0.31 (+1.41%)
At close: 4:00PM EDT

22.17 -0.01 (-0.05%)
Pre-Market: 8:00AM EDT

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Previous Close21.91
Open21.99
Bid0.00 x 1100
Ask0.00 x 1300
Day's Range21.96 - 22.23
52 Week Range20.84 - 25.58
Volume31,952,949
Avg. Volume33,154,528
Net Assets7.58B
NAV22.31
PE Ratio (TTM)N/A
Yield0.79%
YTD Return-3.87%
Beta (3y)0.52
Expense Ratio (net)0.53%
Inception Date2006-05-16
Trade prices are not sourced from all markets
  • Taking Another Look at Gold
    Market Realist48 minutes ago

    Taking Another Look at Gold

    Is It Time to Turn Bullish on Gold after Its Recent Weakness? In the preceding parts of this series, we discussed how gold prices haven’t been able to catch a significant bid even in the face of rising trade war fears and geopolitical tensions. The strength of the US dollar has been the most important variable impacting gold prices in the last few months.

  • InvestorPlace3 days ago

    There Are Safer Ways to Invest in Gold Stocks as the Price Stays Dicey

    The past few weeks have been surprisingly painful for fans and followers of gold stocks. The SPDR Gold Shares Fund (NYSEARCA:GLD), an ETF that serves as a broad proxy for the overall gold market, has lost more than 6% of its value since peaking in March. There may be an opportunity tucked away in the unlikely, inexplicable weakness in gold stocks.

  • Kinross Gold on the Street: Analysts’ Latest Ratings
    Market Realist4 days ago

    Kinross Gold on the Street: Analysts’ Latest Ratings

    The VanEck Vectors Gold Miners ETF (GDX) has returned -2.3%, and the SPDR Gold Trust (GLD), which tracks gold’s physical price, has returned -0.2%. Kinross Gold was punished mainly because of its exposure to Russia through two of its mines.

  • What’s Baked In to Gold Fields’ Analyst Ratings?
    Market Realist5 days ago

    What’s Baked In to Gold Fields’ Analyst Ratings?

    Most mining companies with operations in South Africa are facing infrastructure issues and labor concerns. South African miners are also facing issues due to safety regulations at their mines following several accidents due to controllable and uncontrollable circumstances. This is also true of Gold Fields (GFI), which has mines in Ghana and South Africa.

  • MarketWatch6 days ago

    Gold settles near 2018 low, draws scant trade-linked haven demand

    Gold futures fell Tuesday to settle near their lowest levels of the year, as concerns over a potential trade war prompted more investors to seek refuge in the U.S. dollar, lifting a benchmark index for the greenback to its highest levels of 2018. Gold bucked what is typically a haven role for the precious metal when markets are roiled. “Gold has descended into the abyss despite intensifying trade tensions rattling financial markets and leaving investors on edge,” said Lukman Otunuga, research analyst at FXTM.

  • Do Analysts Think You Should Buy Goldcorp?
    Market Realist6 days ago

    Do Analysts Think You Should Buy Goldcorp?

    Goldcorp (GG) has operations across Canada, the United States, Mexico, Central America, and South America. You can learn more about Goldcorp in Market Realist’s An Investors’ Guide to Goldcorp. Currently, 20 Wall Street analysts are tracking GG stock, of which 70% recommend “buys,” 25% recommend “holds,” and 5% recommend “sells.” Its current target price of $18.0 implies a potential upside of 26% based on its current market price.

  • Why Analysts Still Favor Wheaton Precious Metals
    Market Realist6 days ago

    Why Analysts Still Favor Wheaton Precious Metals

    Among the major gold mining and gold streaming companies, Wheaton Precious Metals (WPM), the world’s largest precious metals streaming company, has received the highest percentage of “buy” recommendations at 92.0%, and this level hasn’t changed much over the past year. Wheaton Precious Metals, previously known as Silver Wheaton (SLW), is a royalty and streaming company. In fact, they provide up-front funds to precious metals mining companies in exchange for the right to buy their product streams at lower prices in the future.

  • Five Gold Stocks Analysts Love—and Five They Don’t
    Market Realist6 days ago

    Five Gold Stocks Analysts Love—and Five They Don’t

    Five Gold Stocks Analysts Love—and Five They Don'tGold mining companies Recently, gold prices (GLD) have resumed their downward trend, mainly due to the US dollar’s strength. The SPDR Gold Shares ETF (GLD) has fallen 0.2% as of June 14. The VanEck Vectors Gold Miners ETF (GDX) has had a worse showing at -2.5% YTD (year-to-date). Among senior miners, only Goldcorp (GG) has gained in the double digits, rising 12.1% YTD. Newmont Mining (NEM) is the only other senior gold miner to have gained positively YTD in 2018. Barrick Gold (ABX) and Kinross Gold (KGC), on the other hand, have fallen 9. ...

  • Profit from the Commodities Rally with These ETFs
    Zacks21 days ago

    Profit from the Commodities Rally with These ETFs

    Here are what investors need to know about the commodities rally and related ETFs.

  • Why the RAAX Fund Is Mostly Bullish on May Positioning
    Market Realist25 days ago

    Why the RAAX Fund Is Mostly Bullish on May Positioning

    RAAX remains fully invested across commodities, natural resource equities, and MLPs. As they were at launch, the largest weightings remain in diversified commodities (30%), gold bullion (20%), and agribusiness equities (20%). However, its allocation to gold equities now stands at 10%, increasing overall gold exposure to 30%.

  • The RAAX Fund’s April Performance: Must-Knows
    Market Realist25 days ago

    The RAAX Fund’s April Performance: Must-Knows

    The VanEck Vectors Real Asset Allocation ETF (RAAX) launched, on April 9, into a period of strong performance for real assets. RAAX performed well on both an absolute and relative basis. Through April, in the first 16 days of its life, RAAX returned +2.98% based on net asset value versus +2.41% for its benchmark, the Blended Real Asset Index, which is comprised of an equally weighted blend of the returns of Bloomberg Commodity Index, S&P Real Assets Equity Index, and VanEck Natural Resources Index*. Equal weightings are reset monthly.

  • Investopedia27 days ago

    Active Traders Aren't Giving Up on Gold

    Gold prices have fallen in recent sessions alongside most other commodities. While the pullback may have spooked some fundamental investors into selling, followers of technical analysis aren't giving up on the precious metal quite yet. In this article, we take a look at the charts of three gold-related exchange-traded funds (ETFs) and try to explain why the recent pullback may actually be the buying opportunity that some have been patiently waiting for.

  • Eldorado Gold Stock Skyrocketed on May 22
    Market Realistlast month

    Eldorado Gold Stock Skyrocketed on May 22

    Eldorado Gold (EGO) stock suffered a great deal in 2017 due to the standoff with the Greek government and some technical issues at its Turkey mines. The VanEck Vectors Gold Miners ETF (GDX) and the SPDR Gold Shares (GLD) fell 3.9% and 0.9%, respectively, YTD. Agnico Eagle Mines (AEM), Yamana Gold (AUY), and IAMGOLD (IAG) returned -7.2%, -8.0%, and 3.3%, respectively.

  • Market Realistlast month

    How Fall in Gold Prices Is Affecting Miners

    It seems that the rout in precious metals has also plagued the performance of precious metal mining companies. In this article, we’ll discuss Sibanye Gold (SBGL), Gold Fields (GFI), Yamana Gold (AUY), and Pan American Silver (PAAS), which have fallen 40.9%, 15.8%, and 10.3%, respectively. PAAS has risen 12.8% on a YTD basis.

  • Market Realistlast month

    How Miners Reacted to Slumping Precious Metals

    Precious metal mining companies usually follow precious metals. Precious metals seem to be in the doldrums lately over the strength in the US dollar and the potential movement of US interest rates. The recent slump in demand for haven assets has also affected mining stocks.

  • What Led to Kinross Gold’s Impressive Cost Performance in 1Q18?
    Market Realist2 months ago

    What Led to Kinross Gold’s Impressive Cost Performance in 1Q18?

    Compared to its closest peers, Kinross Gold (KGC) has been a high-cost gold producer. As a result, Kinross is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM). In this part of the series, we’ll see how Kinross is trying to improve its unit costs.

  • Market Realist2 months ago

    How Mining Stocks Are Reacting to Movement in Precious Metals

    Precious metal mining companies typically follow precious metals. Precious metals seem to be in the doldrums over the strength of the US dollar and the Federal Reserve’s decision to raise interest rates several more times this year. The recent slump in the demand for haven assets has also affected mining stocks.

  • Kinross Gold Reported a Solid Earnings Beat in 1Q18
    Market Realist2 months ago

    Kinross Gold Reported a Solid Earnings Beat in 1Q18

    Kinross Gold (KGC) released its 1Q18 results after the market closed on May 8. The company reported EPS (earnings per share) of $0.10, which was double the consensus estimate of $0.05. Its revenue of $897 million also came in above the market’s expectation of $833 million.

  • Is Goldcorp’s Valuation Rerating Possible in 2018?
    Market Realist2 months ago

    Is Goldcorp’s Valuation Rerating Possible in 2018?

    Can Goldcorp Continue Its Outperformance after a Weak 1Q18? After Newmont Mining’s (NEM) multiple of 8.7x, Goldcorp (GG) has the highest EV-to-forward-EBITDA multiple of 7.4x among its senior gold miner peers (GDX). Its production growth has remained muted for the last two years, and its costs have trended higher.

  • Could Newmont Mining’s Valuation Rise after 1Q18?
    Market Realist2 months ago

    Could Newmont Mining’s Valuation Rise after 1Q18?

    Could Newmont Mining Outshine Peers in 2018? Newmont Mining (NEM) has a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 8.7x, the highest among senior gold miners. NEM is trading at a 16.7% premium to its trailing-five-year average multiple and a 43.5% premium to senior gold miners’ (GDX) average. Senior miners Kinross Gold (KGC), Barrick Gold (ABX), and Goldcorp (GG) are trading at forward multiples of 4.6x, 5.9x, and 7.6x, respectively.

  • What’s Warren Buffett’s Take on Gold?
    Market Realist2 months ago

    What’s Warren Buffett’s Take on Gold?

    Warren Buffett’s disdain for gold is well known. Warren Buffett used an initial investment of $10,000 as an example to demonstrate how buying gold with this amount versus buying a stock or index fund would have generated more returns.

  • Bulls versus Bears: What’s Driving Gold?
    Market Realist2 months ago

    Bulls versus Bears: What’s Driving Gold?

    Currently, there are many factors playing on gold prices, some of which are bullish while others are bearish. While bulls are taking cues from the recent geopolitical concerns stoked by trade tensions, the Syria attacks, and the whimsical policies of the current US administration, bears are taking solace from the rising US rate hike expectations. While the resistance is close to $1,360 per ounce, the $1,300 per ounce level is seen as the support level.

  • Newmont Mining Gears Up for Growth
    Market Realist2 months ago

    Newmont Mining Gears Up for Growth

    As we’ve discussed previously in this series, Newmont Mining (NEM), along with Barrick Gold (ABX) and Kinross Gold (KGC), saw its debt rise at the peak of the cycle due to expensive acquisitions. These companies are now focusing on steadily paying off their debt. Newmont has reduced its net debt by 83% since 2013. The company’s current priority is to maintain an investment-grade balance sheet and credit rating.