What is the forecast for GDX stock? (2024)

What is the forecast for GDX stock?

The average price target for GDX is $34.16. This is based on 52 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $40.68 ,the lowest forecast is $28.01.

What is the outlook for GDX?

GDX Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 5.97%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

What is the forecast for GDX 2024?

Based on the Rule 16, the options market is currently suggesting that VanEck Gold Miners will have an average daily up or down price movement of about 2.41% per day over the life of the 2024-03-15 option contract. With VanEck Gold trading at USD 29.64, that is roughly USD 0.72 .

How often does GDX pay dividends?

GDX has a dividend yield of 1.83% and paid $0.50 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Dec 18, 2023.

What does GDX invest in?

Top 10 Holdings
CompanySymbolTotal Net Assets
Barrick Gold Corp.GOLD9.06%
Agnico Eagle Mines Ltd.AEM8.04%
Wheaton Precious Metals Corp.WPM7.02%
Franco-Nevada Corp.FNV6.88%
6 more rows

Is GDX a good buy now?

Currently there's no upside potential for GDX, based on the analysts' average price target. Is GDX a Buy, Sell or Hold? GDX has a conensus rating of Moderate Buy which is based on 38 buy ratings, 12 hold ratings and 2 sell ratings.

Is GDX ETF a good investment?

GDX is considered a speculative investment. That makes it well suited for sophisticated investors comfortable with the risk. The ultimate driver of its is earnings from gold mining companies.

What is the NVDA forecast for 2030?

NVIDIA Stock Prediction 2030

In 2030, the NVIDIA stock will reach $ 29,398 if it maintains its current 10-year average growth rate. If this NVIDIA stock prediction for 2030 materializes, NVDA stock willgrow 3,327.44% from its current price.

What is the TDOC forecast for 2030?

But if Teladoc continues to grow by 20% annually, it'll be generating closer to $10.5 billion in sales by 2030. That would give it a price-to-sales ratio of 1. In other words, if Teladoc simply maintains its existing price-to-sales multiple, investors should have no problem turning $250,000 into $1 million.

What is the forecast for align stock in 2025?

Align Technology Stock Prediction 2025

The Align Technology stock prediction for 2025 is currently $ 390.49, assuming that Align Technology shares will continue growing at the average yearly rate as they did in the last 10 years.

Which gold ETF pays the highest dividend?

Sprott Gold Miners ETF has a dividend yield of 1.22%, though it only holds 33 different companies. The VanEck Vectors Gold Miners ETF holds 56 different companies and has a dividend yield of 1.15%. The iShares MSCI Global Gold Miners ETF has the highest distribution yield within article with a current yield of 2.08%.

Do any gold stocks pay dividends?

Yes, GOLD has paid a dividend within the past 12 months. How much is Barrick Gold Corporation's dividend? GOLD pays a dividend of $0.1 per share. GOLD's annual dividend yield is 2.73%.

Do any gold ETFs pay dividends?

ETFs that invest in stocks of gold mining companies may offer dividends to investors, while gold-backed ETFs don't.

Why is GDX going down?

According to Piero Cingari, analyst at Capital.com, “Lower gold prices, rising input costs such as energy, and higher interest rates, which dampened capex, have all contributed to the gold mining sector's bear market and the negative performance of VanEck Gold Miners ETF (GDX).

What is GDX biggest holdings?

GDX Holdings
  • Newmont Corporation13.15%
  • Barrick Gold Corporation8.79%
  • Agnico Eagle Mines Limited7.88%
  • Franco-Nevada Corporation7.13%
  • Wheaton Precious Metals Corp7.01%
  • Gold Fields Limited Sponsored ADR4.70%
  • Northern Star Resources Ltd4.69%
  • Zijin Mining Group Co., Ltd. Class H4.00%

What stocks are held by GDX?

Top 10 Holdings (64.74% of Total Assets)
NameSymbol% Assets
Wheaton Precious Metals CorpWPM.TO6.50%
Northern Star Resources LtdNST.AX4.69%
Zijin Mining Group Co Ltd Class H028994.62%
Gold Fields Ltd ADRGFI4.53%
6 more rows

What is the yield of GDX stock?

GDX Dividend Yield: 1.83% for March 1, 2024.

Is Barrick a buy or sell?

Barrick Gold Corporation's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

Is Cronos Group a good buy?

Cronos Group has a conensus rating of Moderate Sell which is based on 0 buy ratings, 1 hold ratings and 1 sell ratings. What is Cronos Group's price target? The average price target for Cronos Group is $2.04. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What is the fastest growing ETF?

Compare the best growth ETFs
FUND(TICKER)EXPENSE RATIO10-YEAR RETURN AS OF MARCH 1
Vanguard Growth ETF (VUG)0.04%13.97%
iShares Russell 1000 Growth ETF (IWF)0.19%14.66%
iShares S&P 500 Growth ETF (IVW)0.18%13.16%
Schwab U.S. Large-Cap Growth ETF (SCHG)0.04%14.88%
3 more rows

What is the highest paying ETF?

Top 100 Highest Dividend Yield ETFs
SymbolNameDividend Yield
CONYYieldMax COIN Option Income Strategy ETF34.99%
RATEGlobal X Interest Rate Hedge ETF33.15%
QQQYDefiance Nasdaq 100 Enhanced Options Income ETF31.93%
NVDSAXS 1.25X NVDA Bear Daily ETF30.62%
93 more rows

What is the best ETF to hold gold?

Best gold ETFs
  • SPDR Gold Shares (GLD).
  • iShares Gold Trust (IAU).
  • SPDR Gold MiniShares (GLDM).
  • iShares Gold Trust Micro (IAUM).
  • abrdn Physical Gold Shares ETF (SGOL).
  • GraniteShares Gold Trust (BAR).

Where will Apple be in 5 years?

Most analysts who follow Apple predict that revenue will exceed $500 billion in the next several years. That could help push its $180 stock price up to close to $300 before the end of the decade. But, only time will tell.

What is Amazon stock price forecast for 2025?

Amazon Stock Price Prediction 2025: Forecasted to vary from $188 to $250, averaging at $219. Amazon Stock Price Prediction 2026: Anticipated to fluctuate between $234 and $313, averaging at $273. Amazon Stock Price Prediction 2030: Projected to range from $572 to $763, with an average of $668.

What will Amazon stock be worth in 2030?

According to our Amazon stock prediction for 2030, AMZN stock will be priced at $ 787.62 in 2030. This forecast is based on the stock's average growth over the past 10 years.

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