VanEck Gold Miners ETF (GDX)
- Previous Close
48.72 - Open
49.91 - Bid 49.86 x 3000
- Ask 50.15 x 1800
- Day's Range
49.37 - 50.82 - 52 Week Range
32.84 - 53.25 - Volume
29,232,498 - Avg. Volume
22,582,991 - Net Assets 15.01B
- NAV 48.63
- PE Ratio (TTM) 20.44
- Yield 0.82%
- YTD Daily Total Return 43.67%
- Beta (5Y Monthly) 0.86
- 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
15.01B
Net Assets
2006-05-16
Inception Date
Performance Overview: GDX
View MoreTrailing returns as of 5/5/2025. Category is Equity Precious Metals.
People Also Watch
Holdings: GDX
View MoreTop 10 Holdings (64.04% of Total Assets)
Sector Weightings
Recent News: GDX
View More
Research Reports: GDX
View MoreAgnico Eagle Earnings: Higher Gold Prices Drive a Strong Result
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2024 and had about 15 years of gold reserves at end 2024. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
RatingPrice TargetLowering target price to $122.00
AGNICO EAGLE MINES LTD has an Investment Rating of HOLD; a target price of $122.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetNewmont Earnings: Higher Gold Prices More Than Offset Lower Volumes and Increased Unit Cash Costs
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 sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.
RatingPrice TargetLowering target price to $89.00
AGNICO EAGLE MINES LTD has an Investment Rating of HOLD; a target price of $89.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice Target