(GDX) Gold Miners - NYSE
ETF Category: Equity Precious Metals | Exchange: NYSE (USA) | Market Cap: 24.074m USD | Total Return: 49% in 12m
Avg Turnover: 2.11B
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The VanEck Gold Miners ETF (GDX) tracks a modified market-capitalization-weighted index of global companies primarily engaged in gold and silver mining. Launched in 2006, the fund maintains a concentrated, non-diversified portfolio by investing at least 80% of its assets in the constituent securities of its benchmark.
The business model of these constituent firms is highly sensitive to the spot price of gold, as mining operations involve high fixed costs and significant capital expenditure for exploration and extraction. Consequently, gold mining stocks often exhibit higher volatility than the underlying metal due to operating leverage within the sector.
To evaluate how these mining equities align with your specific portfolio goals, consider reviewing the detailed fundamental metrics available on ValueRay.
- Spot gold price fluctuations drive top-line revenue and operating margins
- All-in sustaining costs rise due to energy and labor inflation
- Geopolitical instability increases demand for safe-haven precious metal assets
- Central bank gold purchases support long-term bullion price floors
As of June 29, 2026, the stock is trading at USD 77.00 with a total of 21,555,534 shares traded. Over the past week, the price has changed by -6.68%, over one month by -11.68%, over three months by -10.25% and over the past year by +48.98%.
Current recommended Stop Loss: 70.40 (which is 8.6% or 1.7 ATR below the current price).
Gold Miners has no consensus analysts rating.