14.06 -0.08 (-0.57%)
After hours: 7:59PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.10 - 14.42|
|52 Week Range||11.34 - 30.56|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.94%|
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is essentially flat over the past month, but options traders have recently taken increased ...
After making discretionary cuts on exploration and capital expenditure for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. In the last three years, Newmont Mining (NEM) has built its Merian and Long Canyon mines on time and 20% below budget. The company also sounds confident about finishing its next project, Northwest Exodus, in 2018.
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is lower by 7% to start 2018, prompting some market observers to say gold miners stocks ...
Amid an uptick in equity market volatility, some traders are seeking refuge in a familiar place: gold. Market participants are also renewing their enthusiasm for some gold miners exchange traded funds ...
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is once again attracting investors. GDX is comprised of global gold miners, with a ...
As we’ve discussed in previous parts of this series, Barrick Gold (ABX) generated negative returns in 4Q17 and 2017. Goldcorp (GG) also generated negative returns, significantly underperforming the gold miners’ index (GDX) as well as gold prices (GLD). While its performance in 2017 was not up to market expectations, its outlook seems much brighter.
Direxion Shares ETF Trust – Direxion Daily Junior Gold Miners Index Bull 3X Shares (ARCA:JNUG), a USD$0.00 small-cap, is a capital market firm operating in an industry, which has recentlyRead More...
Besides the slump of the US dollar during 2017, the other most important and most talked-about indicator is the US interest rate.
Gold has been in a technical breakout that has rewarded bulls since mid December. The fall in the U.S. Dollar left the door open for this spike. Having said that, there are other ways to still go long gold and using the Direxion Daily Junior Gold Miners Index Bull 3X Shares (NYSEARCA:JNUG) is one of them.
While gold might benefit briefly from the new year rally, a large portion of the remaining performance will depend on the outlook for the US dollar.
We looked at Wall Street analysts' ratings for senior miners in the previous part of this series. In this article, we’ll look at analysts’ estimates for gold mining companies’ (GDX)(JNUG) top and bottom ...
US equity markets moved incrementally higher and further into record territory in Black Friday’s abbreviated session, with the Nasdaq, S&P 500 and Dow Industrials ticking higher. The Nasdaq led the way with a gain of 1.6% while the Dow Industrials and S&P 500 both tacked on 0.9%.
A majority (or 56%) of analysts recommend a “hold” for the stock, while 44% have given it a “buy” rating. There were no “sell” ratings for the stock.
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The go-to hedge in such situations is of course gold, with most traders naming the SPDR Gold Trust (ETF) (NYSEARCA:GLD) as their weapon of choice. For those traders looking for more than just a little action though — and for those traders who can stomach the extra risk — the Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JNUG) may be the better choice. In the case of the Direxion Shares Exchange Traded Fund Trust, for every 1% junior gold mining stocks collectively rise, JNUG rises 3%.
The Federal Reserve raised rates yesterday after the conclusion of its FOMC meeting. It signaled three more rate hikes in 2018. Is that realistic? Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.
Gold is heading lower, falling to the lowest levels in over four months. But don't panic. Goldman Sachs is out with a note today saying don't count out gold just because cryptocurrencies like bitcoin steal all the headlines. Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.