GDXJ - VanEck Vectors Junior Gold Miners ETF
| Previous Close | 32.33 |
| Open | 32.58 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 1300 |
| Day's Range | 32.15 - 32.95 |
| 52 Week Range | 25.91 - 34.36 |
| Volume | 10,475,692 |
| Avg. Volume | 12,408,216 |
| Net Assets | 4.59B |
| NAV | 32.76 |
| PE Ratio (TTM) | N/A |
| Yield | 0.41% |
| YTD Return | 8.80% |
| Beta (3Y Monthly) | 0.18 |
| Expense Ratio (net) | 0.54% |
| Inception Date | 2009-11-10 |
Market Realist•7 days agoWhich Gold Stocks Are Primed for a Valuation Upside after Q4?
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Valuation for capital-intensive industriesThe EV-to-EBITDA (enterprise value-to-EBITDA) multiple is a good measure of valuation for capital-intensive
- ETF Trends•10 days ago
Precious Metals, Miners ETFs Shine on Renewed Fear Trade
Weakness in global markets and another round of trade worries reignited the safety trade with exchange traded funds tracking gold prices and the gold miners space rallying on Friday. Among the best performing ...
Market Realist•10 days agoAssessing Gold Miners’ Free Cash Flows in 2018 and Beyond
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Analysts’ estimates for FCFInvestors are typically interested in gold mining companies’ (GDX) (GDXJ) ability to generate FCF (free cash flow) because it
- Market Realist•11 days ago
Which Gold Stocks Do Analysts Love ahead of Their Q4 Results?
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Market sentiment Let’s look at Wall Street analysts’ recent ratings and recommendations for gold miners ahead of their fourth-quarter earnings results.
Market Realist•13 days agoGold-Backed ETFs Started 2019 on a Positive Note—More Upside?
Do These Factors Point to a Strong Start for Gold in 2019?(Continued from Prior Part)Gold-backed ETFsAccording to the World Gold Council, holdings in gold-backed ETFs and similar products rose by 69 tons in 2018, equivalent to $3.4 billion worth of
Market Realist•18 days agoCould South African Miners’ Difficulties End in 2019?
Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)AngloGold Ashanti’s rerating potentialSouth African miners (GDXJ) have traditionally traded at discounts to their global counterparts (GDX), primarily due to South
- Market Realist•18 days ago
Will These Intermediate Gold Equities See a Valuation Upside?
Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)AEM has the highest multiple Among intermediate gold miners (GDX), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of
Motley Fool•27 days agoThe 4 Worst ETFs So Far in 2019
These funds are missing out on a solid start to the year. Find out why.
Market Realist•last monthWhat’s Next for Gold after the Newmont-Goldcorp Merger?
Could the Newmont-Goldcorp Merger Form ‘The Go-To Gold Equity’?(Continued from Prior Part)Agnico Eagle MinesWhereas several gold (GLD) mining companies are likely to see M&As (mergers and acquisitions), Agnico Eagle Mines (AEM) may not be
- Market Realist•last month
Newmont and Goldcorp Merger to Create World’s Leading Gold Miner
Newmont and Goldcorp Merger to Create World’s Leading Gold Miner ## Newmont-Goldcorp merger Today, Newmont Mining (NEM) and Goldcorp (GG) announced that they have entered an agreement in which NEM will acquire all of the outstanding shares of Goldcorp in a stock-for-stock transaction valued at $10 billion. Newmont will acquire each share of Goldcorp in exchange for 0.3280 NEM shares, which represents a premium of 17% based on the companies’ 20-day volume weighted average stock prices. ## Sector-leading gold combination Newmont Goldcorp’s reserves will be among the largest in the gold sector (GDX) (GDXJ). Moreover, the combined entity is targeting $1.0 billion–$1.5 billion in divestitures over the next two years to optimize gold (GLD) production at a sustainable rate. As per the press release, “In addition to providing shareholders the largest gold Reserves per share, Newmont Goldcorp will offer the highest annual dividend among senior gold producers.” ## Following Barrick-Randgold merger This transaction comes on the heels of the merger of Barrick Gold (GOLD) with Randgold Resources, which was completed on January 2, 2019. On September 24, Barrick Gold agreed to acquire Randgold Resources in a share-for-share deal. The merger created a sector-leading gold company, which owns five of the industry’s top ten Tier 1 gold assets. The combined entity has a market cap of ~$23.75 billion. It will also have the largest gold reserves among its senior gold peers (GDX) (NUGT). You can read Is Barrick Worth a Look after Its Merger with Randgold? for more details about the merger.
- Investor's Business Daily•last month
VanEck Saw Positive Inflows Despite Big Sell-Off In Stock Market
Despite a wild ride in the stock market late last year, VanEck is holding steady as one of the top 10 ETF providers in the U.S.
- Investopedia•2 months ago
Is It Time to Buy Gold Stocks?
Market players are lining up to place bets that President Trump will upset the delicate balance between growth and inflation.
Market Realist•2 months agoThe Gold Equities Credit Suisse Favors in 2019
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,275 per ounce in 2019 and $1,300 in 2020.
- Motley Fool•2 months ago
3 Top Gold Stocks to Watch in December
With gold prices on the rise, investors might want to take a look at these golden investment opportunities.
Zacks•2 months agoWill the Rally in Gold ETFs Continue?
Gold is rallying buoyed by volatility in markets, putting gold mining ETFs in focus.
- Market Realist•3 months ago
How Gold Stocks Have Performed This Year
MORRIS: That’s interesting. Well, now let’s move on to the companies. I’ve heard you say a number of times that you think the industry is in great shape, they’ve contained their cost. The companies are in great shape. Can you tell us a little bit more about your view of the companies’ position right now financially?
- Market Realist•3 months ago
How Gold Mining Exposure Can Hedge Your Portfolio
Is Gold Positioned for a Bullish Turn as We Enter 2019? FOSTER: We’re at the point in the cycle I think investors should think of some defensive measures. MORRIS: One other thing I wanted to talk to you about today, is that there’s been some recent merger activity, and I remember hearing that you’d actually looked at the recent developments as pretty positive overall, for the industry, and could be another positive catalyst for gold miners.
- Market Realist•3 months ago
What Could Help Gold Get Its Shine Back?
Can you think right now if some of the current geopolitical events in the world, and something that in your mind might trigger a resumption of a new bull market for gold out of this space, and off this space?
Market Realist•3 months agoWhich Gold Miners Do Analysts Love after Q3 2018 and Why?
Which Gold Miners Have Shown Upside Potential since Q3? Among the senior gold miners under our review (GDX) (GDXJ), analysts are most optimistic about Goldcorp (GG). A year ago, only 40% of analysts had “buy” ratings on the stock.
Market Realist•3 months agoChecking Up on Gold Miners’ Financial Health after Q3
Which Gold Miners Have Shown Upside Potential since Q3? As precious metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. Newmont Mining’s (NEM) net debt at the end of the third quarter was ~$1.1 billion compared to $1.9 billion at the end of 2016.
Market Realist•3 months agoHow Might Kinross Gold’s Balance Sheet Support Its Future Growth?
Kinross Gold’s (KGC) liquidity position at the end of the third quarter was reflected its strategic investments. The company had cash and cash equivalents of $500 million in the third quarter compared to $918.7 million at the end of the second quarter. This liquidity position is significant given that the company doesn’t have any debt maturity until 2021.
Market Realist•3 months agoWhat Would It Take for KGC to Increase Production Sustainably?
Kinross Gold (KGC) produced 586,260 gold equivalent ounces in the third quarter, a 10% fall YoY (year-over-year). Kinross’s quarterly production was its lowest in years in the quarter. Most of the above-listed factors were also responsible for the company’s 9% YoY fall in production in the first nine months of the year.
Market Realist•3 months agoNewmont’s Financial Position to Sustain Its Growth Going Forward
Newmont Mining (NEM) saw its debt rise at the peak of the cycle due to expensive acquisitions, which have now been brought under control. Its net debt at the end of the third quarter was ~$1.1 billion compared to $1.9 billion at the end of 2016. Newmont’s net debt-to-adjusted EBITDA multiple was 0.4x at the end of the third quarter compared to 0.7x at the end of the second quarter of 2017 and 1.3x at the end of 2015.
Market Realist•3 months agoNewmont’s Project Pipeline Remains Strong: What’s the Upside?
Newmont Mining (NEM) has one of the best project pipelines in the sector (GDX) (GDXJ)—it may even be stronger than Kinross Gold’s (KGC), Barrick Gold’s (ABX), and AngloGold Ashanti’s (AU) project pipelines. Newmont Mining is poised to overtake Barrick Gold as the world’s largest gold producer in 2018. For more information, read Barrick Gold versus Newmont: Comparing Miners in 2018 and Beyond.
- Business Wire•3 months ago
VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Equity ETFs
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.
