GDX - VanEck Vectors Gold Miners ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
27.98
-0.27 (-0.96%)
At close: 4:00PM EDT
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Previous Close28.25
Open27.91
Bid27.81 x 45100
Ask27.90 x 800
Day's Range27.60 - 28.27
52 Week Range17.28 - 28.31
Volume59,357,533
Avg. Volume45,168,666
Net Assets10.54B
NAV27.93
PE Ratio (TTM)N/A
Yield0.46%
YTD Return32.56%
Beta (3Y Monthly)0.37
Expense Ratio (net)0.53%
Inception Date2006-05-16
Trade prices are not sourced from all markets
  • Dalio’s Answer to the End of the Lower-Rate Era Is Gold
    Market Realist2 days ago

    Dalio’s Answer to the End of the Lower-Rate Era Is Gold

    Ray Dalio mentioned in a LinkedIn post on Wednesday that it's important for investors to explore the market paradigm in which they're currently operating.

  • Will Gold Miners Soar in the Second Half as Gold Rises?
    Market Realist3 days ago

    Will Gold Miners Soar in the Second Half as Gold Rises?

    Gold prices have seen a reversal in the last month or so. The SPDR Gold Shares ETF (GLD) gained 8.0% in June alone.

  • ETF Trends3 days ago

    Another Plus For Gold Miners ETFs

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ) and VanEck Gold Miners ETF (NYSEArca: GDX), two of the dominant names among gold miners exchange traded funds, are up an average of about 22% year-to-date. ...

  • Charting a break to ‘clear skies’ territory, S&P 500 sustains rally atop 3,000 mark
    MarketWatch4 days ago

    Charting a break to ‘clear skies’ territory, S&P 500 sustains rally atop 3,000 mark

    Technically speaking, the S&P 500 has reached record territory, confirming its uptrend with a strong third-quarter start, writes Michael Ashbaugh.

  • ETF Trends5 days ago

    Fed Chair Compares Bitcoin to a Gold Alternative

    Bitcoin has been dubbed "digital gold" by cryptocurrency and capital markets alike, but the leading digital coin was deemed as an alternative to the precious metal by Federal Reserve Chairman Jerome Powell. Furthermore, Powell likened gold to Bitcoin as a speculative form of value. Additionally, the Fed chair was quick to dismiss digital currency as an alternative form of payment.

  • Gold Mining Tops in June: 5 Best ETFs, Stocks (Revised)
    Zacks8 days ago

    Gold Mining Tops in June: 5 Best ETFs, Stocks (Revised)

    Gold was on a rise in June and recorded its best month in three years, climbing about 8%.

  • ETF Trends9 days ago

    How Trade Talks Could Boost Miners ETFs

    The VanEck Vectors Gold Miners ETF (GDXJ) and VanEck Gold Miners ETF (GDX) , two of the dominant names among gold miners exchange traded funds, are up an average of 12.7% this month, but some market observers believe more upside could be in the cards for these funds if US/China trade talks progress. Gold has also found greater support from safe-haven demand and a more dovish outlook from major global central banks, notably the Federal Reserve’s shift toward potential interest rate cuts to combat slowing growth. “Metal prices and mining equities have been at the mercy of trade headlines all year, and business fundamentals have a taken a back seat,” reports Mining.com.

  • Grab These ETFs & Stocks on Gold Rush
    Zacks9 days ago

    Grab These ETFs & Stocks on Gold Rush

    As the Fed indicated the possibility of a rate cut this year, the U.S. dollar slumped and gold mining ETFs rallied.

  • ETF Trends10 days ago

    Powell Says No To Gold Standard

    When gold was first discovered at Sutter's Ranch in 1848, it inaugurated the Gold Rush to California. Then in 1861, Treasury Secretary Salmon Chase printed the first U.S. paper currency. As a rare metal, valued since ancient times, The Gold Standard Act established gold as the only metal for redeeming paper currency. It set the value of gold at $20.67 an ounce​.

  • ETF Trends17 days ago

    Gold Prices Take a Breather, but More Gains Could Be Ahead

    The market expectation of future rate cuts by the Federal Reserve saw gold surpass its 5-year high last week after the central bank said it “will act as appropriate to sustain” economic expansion. Gold prices took a breather by falling below the $1,400 price level to start the trading week, but it could be the precursor to more gains ahead. “What we’re likely to see is some interest in terms of the share price rising, but we’re also going to see a rush of companies running to their bankers hoping to raise money with this increase in the gold price,” said Brent Cook of Exploration Insights.

  • ETF Trends18 days ago

    Gold Miner ETFs Surge on Renewed Trade Tensions, Global Growth Concerns

    Gold miner stocks and sector-related exchange traded funds led the charge on Tuesday as gold strengthened on growing global trade tensions and concerns over economic growth. Among the best-performing non-leveraged ETFs of Tuesday, the VanEck Vectors Gold Miners ETF (GDXJ) rose 4.1% and VanEck Gold Miners ETF (GDX) gained 3.0%. Meanwhile, Comex gold futures were 1.4% higher to $1,408.4 per ounce on Tuesday.

  • Top ETF Events of Wall-Street's Decade-Best June
    Zacks18 days ago

    Top ETF Events of Wall-Street's Decade-Best June

    June was stellar for Wall Street thanks to dovish comments from big central banks, oil price rise and cues of U.S.-China trade truce.

  • Can Gold Mining ETFs Keep Soaring?
    Zacks19 days ago

    Can Gold Mining ETFs Keep Soaring?

    Gold mining ETFs are leveraged plays on the price of gold. Here is what investors need to know.

  • 3 Gold Mining Stocks Help You Dig Up Profits
    InvestorPlace19 days ago

    3 Gold Mining Stocks Help You Dig Up Profits

    Gold finally has its shine back. Yes, some folks may have abandoned gold in favor of digital gold -- bitcoin has surged several hundred percent recently. But the world's favorite precious metal is sparkling again too. Recently, the price of gold topped $1,400/oz, marking its highest level in more than five years. Gold's move has come with surprising speed as well, it's up nearly 10% over the past month.Not surprisingly, with gold surging, investors are starting to come back to a long dormant group of companies: mining stocks. Now, to be fair, most of these gold stocks are rightly ignored. As the famous adage goes, a gold mine is a hole in the ground with a liar at the top. That's true of far too many small prospecting companies.Incredibly, over the past 10 years, even with the price of gold up overall, mining stocks have gotten wrecked. The main sector ETF, VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) has lost nearly half its value over the past decade. Meanwhile, the more speculative smaller gold companies fund, VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) has lost a catastrophic 67% of its value. Again, that's during a time when the price of gold went up on net, and stocks in general soared.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 F-Rated Stocks to Sell for Summer That means that it is most important to stick to quality operations when picking your gold stocks. Unlike many sectors, mediocrity generally isn't enough to drive positive performance in gold, even if the overall conditions are relatively decent. With all that in mind, what should you buy and what should avoid as gold stocks take off again? Barrick Gold (GOLD)Source: (C)iStock.com/TomasSereda One good rule for buying into an unloved sector is to buy one of the industry leaders, as long as it has a decent balance sheet. Newmont (NYSE:NEM) has been in a terrible funk since it made its questionable purchase of Goldcorp. Newmont stock has barely moved since the gold stock rally got going. That leaves Barrick Gold (NYSE:GOLD) as the next best option. With its $30 billion market cap and operations spanning many countries, Barrick is one of the world's leading diversified miners.In fact, by at least one metric, Barrick is the world's powerhouse gold mining firm. It has five of the world's ten Tier 1 mines -- defined as a mine that produces 500,000 ounces or more per year, has 10+ years of reserves left, and operates at or below the median global cost of mining. This huge number of long-life world class assets ensures the Barrick is here to stay. Regardless of where the price of gold goes, Barrick will be mining lots of gold -- profitably -- for many years to come.The company has a lot to offer investors in 2019 specifically, as well. In its first quarter, for example, Barrick showed nice leverage to the price of gold despite it having lower-cost mining operations. For the quarter, Barrick managed to boost cash from operations 27% while doubling earnings as gold production rose 8%. That's some solid results. At $16/share, GOLD stock is still well short of the $22 level it hit in 2016 on the last wave of gold stocks momentum. If gold can keep its momentum, GOLD stock should be able to revisit $22 in a hurry. Gold Stocks To Buy: Franco-Nevada (FNV)Source: Shutterstock Buying industry leaders is a good way to catch a sector as it comes out of a long slumber. However, thinking back to how poorly mining stocks in general have performed, there's another important thing to consider. That's the different between gold streaming stocks and gold mining stocks. The gold streamers act as a sort of specialty finance shop, lending money to the mining companies, and getting a cut of ensuing gold production at a (usually) fixed price.The gold streamers take on significant risks including gold price variation, delays in production, and bankruptcy of the counterparty mining firm. In return, however, the gold streamers tend to earn fat returns. Over the past decade, while mining stocks as a group lost half their value or more, streamers prospered. For example, Franco-Nevada (NYSE:FNV) quadrupled, and rival streamer Royal Gold (NASDAQ:RGLD) soared 150% over the past 10 year period while mining stocks plummeted. * 7 Stocks to Buy for the Same Price as Beyond Meat Franco-Nevada specifically, over the years, has built a huge pool of streaming assets across gold and other things. Last year, it sold nearly 350,000 ounces of gold, along with nearly 100,000 gold equivalent ounces of other metals including silver and platinum. For the year, it produced $139 million in net income off of $653 million in revenue, generating a robust profit margin. It also pays a modest dividend to shareholders -- a rarity in the gold stocks industry -- to reward its owners. Gold Stocks To Buy: Sandstorm Gold (SAND)Source: Shutterstock While Barrick Gold and Franco-Nevada will offer big upside if and when gold stocks rally more, the list wouldn't be complete without at least one potential home run pick. Enter Sandstorm Gold (NYSEAMERICAN:SAND). While the ticker may be SAND, Sandstorm is much more precious than that.The company is attractive because it is a small streaming company with several big deals in the pipeline. At the moment, it has streams on 22 operating assets, which, at a gold price of just $1,300/oz throw off more than $60 million a year in cash flow. By 2022, as new contracted assets come into play, Sandstorm's cash flow is projected to double to around $130 million per year -- again using that conservative $1,300/oz gold price number.Now, consider that Sandstorm's market cap is just $1 billion. That's something like just 7x cash flow once its new mine streams come online. Now factor it significantly higher gold prices and things get even more exciting. SAND stock is already up 50% since its November low. It could run a lot more than that if and when the gold stocks rally kicks it into next gear.At the time of this writing, Ian Bezek owned SAND and FNV stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks Compare Brokers The post 3 Gold Mining Stocks Help You Dig Up Profits appeared first on InvestorPlace.

  • Top ETF Stories of 1H
    Zacks19 days ago

    Top ETF Stories of 1H

    Dovish Fed comments led the S&P 500 to log the best first half in 22 years despite trade tensions. Here are the key ETF events of 1H.

  • Gold Mining Tops in June: 5 Best ETFs, Stocks
    Zacks19 days ago

    Gold Mining Tops in June: 5 Best ETFs, Stocks

    Gold was on a rise in June and recorded its best month in three years, climbing about 8%.

  • Why Wall Street Loves These Five Gold Stocks
    Market Realist22 days ago

    Why Wall Street Loves These Five Gold Stocks

    Among miners, Eldorado Gold (EGO), New Gold (NGD), IAMGOLD (IAG), and Barrick Gold (GOLD) have seen the highest gains of 50.6%, 44.4%, 40.3%, and 36.4%, respectively.

  • Have Gold’s Fortunes Changed for Good after Hitting $1,400?
    Market Realist22 days ago

    Have Gold’s Fortunes Changed for Good after Hitting $1,400?

    After remaining soft for the first five months of the year, gold prices (GLD) have seen a sudden turnaround since the end of May.

  • ETF Trends22 days ago

    Gold Versus Bitcoin: Who Comes Out on Top?

    Leading cryptocurrency Bitcoin, dubbed "digital gold," is having astronomical gains this year, but the precious metal itself has been maintaining its status as a go-to safe haven with its latest price increases as well--who comes out on top? Bitcoin recently broke through the $13,000 price barrier, rising to its highest level in 17 months on Wednesday. This new group helps highlight how Bitcoin and crypto adoption is spreading,” said Michael Moro, CEO of digital currency trading platform Genesis Global Trading.

  • The Zacks Analyst Blog Highlights: AngloGold, SPDR Gold Trust and Vaneck Vectors Gold
    Zacks23 days ago

    The Zacks Analyst Blog Highlights: AngloGold, SPDR Gold Trust and Vaneck Vectors Gold

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  • A ‘perfect storm of demand’ is behind gold's recent rally
    Yahoo Finance23 days ago

    A ‘perfect storm of demand’ is behind gold's recent rally

    Gold has been on a tear, hitting a six-year high earlier this week as investors’ appetite for risk-off assets drive up the price.

  • Gold and Miners: To Buy or to Hold?
    Market Realist23 days ago

    Gold and Miners: To Buy or to Hold?

    Since lower interest rate expectations, a weakening US dollar, and geopolitical factors pushed gold above its long-term resistance of $1,350 per ounce, technical factors seem to have taken over.

  • Dollar's Largest Monthly Loss Since 2018: ETF Winners
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    The dollar index is supposed to log its biggest monthly slump since 2018, per Forbes. These ETFs have benefited from the move.

  • How Central Banks’ Dovishness Could Shape Gold’s Outlook
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    How Central Banks’ Dovishness Could Shape Gold’s Outlook

    Central banks’ actions affect gold prices, both directly and indirectly. Worldwide, central banks have been making dovish statements regarding the state of the global economy.

  • Is It Gold's Time To Shine?
    Zacks25 days ago

    Is It Gold's Time To Shine?

    Gold futures are trading at their highest levels in over 6 years as interest rates plummet. Gold is up roughly 12% as the US 10-year Treasury yield falls 12% in the past 30 days.