VanEck Gold Miners ETF (GDX)
- Previous Close
33.12 - Open
33.15 - Bid 34.61 x 3100
- Ask 34.75 x 800
- Day's Range
32.95 - 34.50 - 52 Week Range
25.62 - 36.26 - Volume
45,376,697 - Avg. Volume
27,530,230 - Net Assets 13.47B
- NAV 34.42
- PE Ratio (TTM) 28.88
- Yield 1.59%
- YTD Daily Total Return 10.71%
- Beta (5Y Monthly) 1.01
- 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
13.47B
Net Assets
2006-05-16
Inception Date
Performance Overview: GDX
Trailing returns as of 4/25/2024. Category is Equity Precious Metals.
People Also Watch
Holdings: GDX
Top 10 Holdings (60.91% of Total Assets)
Sector Weightings
Recent News: GDX
Research Reports: GDX
Analyst Report: Freeport-McMoRan Inc
Freeport-McMoRan is a leading international mining company based in Phoenix. It operates geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; the Morenci minerals district in North America; and the Cerro Verde and El Abra mines in South America. The company has approximately 27,200 employees. FCX shares are a component of the S&P 500.
RatingPrice TargetMarket Digest: FCX, FI, INCY, PG, STX, T, OC
Despite April Stumble, Positive Stock-Market Outlook for 2024
Analyst Report: Newmont Corporation
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 TargetAnalyst Report: Newmont Corporation
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