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VanEck Gold Miners ETF (ASX: GDX) - Share Price and Research

Current share price for GDX : $54.680 0.82 (1.48%)+

VanEck Gold Miners ETF (GDX) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. VanEck Gold Miners ETF (GDX, formerly VanEck Vectors Gold Miners ETF) is an exchange-traded fund which gives investors exposure to a diversified portfolio of companies involved in the gold mining industry.

GDX General Information +

ASX Code GDX
Website http://www.vaneck.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 543
GDX Share Price $54.680
Day High $54.960
Day Low $54.060
Last Close $55.500
GDX Share Price Movement $0.82 ( 1.48% )
Prices as at 16:40, 20 Dec 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

GDX Fund Information

Equity Global Resources
S&P Global Natural Resources TR AUD
starstarstar
starstarstar (as at 30 Nov 2024)
Investment Fund
24 Jun 2015
$574.84 million (as at 13 Dec 2024)

GDX ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -6.59 1.09 8.29 24.27 17.58 10.41 8.81 -
Growth return -6.59 1.09 6.74 22.48 15.56 8.61 7.52 -
Income return (Yield) 0 0 1.55 1.79 2.02 1.8 1.29 -

Market index (S&P Global Natural Resources TR AUD)
Total return -0.14 1.04 -4.07 4.25 1.16 9.73 9.45 8.65

GDX Related Research

VanEck Gold Miners ETF (GDX) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 74¢ 25% 1 Jul 2024 23 Jul 2024 $54.680 $58.920 -
HFResult 92¢ 15% 3 Jul 2023 25 Jul 2023 $54.680 $58.920 -
HFResult 63.78¢ 0% 21 Dec 2021 14 Jan 2022 $54.680 $58.920 -

See all dividends from VanEck Gold Miners ETF (GDX) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

VanEck Gold Miners ETF (GDX) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
VanEck Gold Miners ETF (GDX) Financials $544 Issued Units Outstanding as at 30 November 2024 6 Dec 2024 1:23PM $57.810 $54.680 fallen by 5.41%
VanEck Gold Miners ETF (GDX) Financials $544 Issued Units Outstanding as at 31 October 2024 7 Nov 2024 8:49AM $60.800 $54.680 fallen by 10.07%
VanEck Gold Miners ETF (GDX) Financials $544 Issued Units Outstanding as at 30 September 2024 4 Oct 2024 9:15AM $58.080 $54.680 fallen by 5.85%
VanEck Gold Miners ETF (GDX) Financials $544 Annual Report FYE 30 June 2024 30 Sep 2024 2:46PM $58.350 $54.680 fallen by 6.29%
VanEck Gold Miners ETF (GDX) Financials $544 Replacement Product Disclosure Statement 26 Sep 2024 5:20PM $60.240 $54.680 fallen by 9.23%
VanEck Gold Miners ETF (GDX) Financials $544 Issued Units Outstanding as at 31 August 2024 6 Sep 2024 8:41AM $54.880 $54.680 fallen by 0.36%

GDX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $66.05 $664.70 -1.80% 7.00 74.00 1.60% 25.0%
2023A $64.29 $676.90 -258.20% 6.30 92.00 2.20% 0.0%
2022A -$44.24 -$428.00 -43.90% 0.00 63.80 1.40% 0.0%

GDX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
VanEck Gold Miners ETF (GDX) $234M -0.0181 0.0000 0.0000 8.3501 0.0000 0.0000 1.33% 0.00% 0.00%
HMC Capital (HMC) $3,967M 0.0191 0.0000 0.0000 46.1170 0.0000 0.0000 1.25% 0.00% 0.00%
Insignia Financial (IFL) $2,415M 0.6567 -0.2226 0.0203 7.5821 9.7535 9.5592 2.58% 2.22% 6.67%
Netwealth Group (NWL) $6,930M 0.2382 0.2487 0.2325 83.0205 66.4866 53.9444 0.99% 1.25% 1.51%
Pinnacle Investment Management Group (PNI) $5,133M 0.1667 0.1969 0.1911 50.3297 42.0492 35.3014 1.83% 2.14% 2.55%

GDX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.20 8.23 1.07 0.00
Market 0.26 13.50 1.06 0.85
Sector 0.29 13.00 1.04 0.74

GDX Directors

Name Position Start Date
Mr Jan van Eck Chief Executive Officer, Executive Director, President 12 Apr 2013
Mr Jonathan Simon Non-Executive Director 19 Aug 2015
Mr Arian Neiron Non-Executive Director 12 Apr 2013
Mr Michael Brown Non-Executive Director 27 Dec 2013
Mr Lee Rappaport Non-Executive Director 1 Jul 2023

VanEck Gold Miners ETF (GDX) Changes in Directors' Interest & Trades

There are no directors' trades from VanEck Gold Miners ETF (GDX). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

GDX Management

Name Position
Timothy Bethe Company Secretary

FAQs about VanEck Gold Miners ETF (GDX)

VanEck Gold Miners ETF's (GDX) current share price is $54.68. This constitutes a price movement of 7.20% when compared to the share price 7 days ago and is -16.91% below GDX's 12-month high of $65.81 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $55.50, VanEck Gold Miners ETF's (GDX) current share price of $54.68 constitutes a movement of -$0.82 or -1.48%. VanEck Gold Miners ETF's (GDX) share price movement is -7.20% when compared to 7 days ago and is -16.91% below GDX's 52-week high of $65.81.

VanEck Gold Miners ETF's (GDX) 52-week high is $65.81 which was reached on 23 Oct 2024. Relative to this, GDX's current share price of $54.68 constitutes a -$11.13 or -16.91% drop since that high of $65.81 per GDX share.

VanEck Gold Miners ETF's (GDX) 52-week low is $40.18 which was reached on 28 Feb 2024. Relative to this, GDX's current share price of $54.68 constitutes a $14.50 or 36.09% gain since that low of $40.18 per GDX share.

VanEck Gold Miners ETF's (GDX) current market capitalisation is $543,681,272. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

VanEck Gold Miners ETF (GDX) last distribution or dividend was $0.74 per share and was paid on 23 Jul 2024. This last GDX distribution or dividend included 25% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 23 Jul 2024

ETFs, such as VanEck Gold Miners ETF (GDX), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like VanEck Gold Miners ETF (GDX), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within VanEck Gold Miners ETF (GDX).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

VanEck Gold Miners ETF (GDX) has a franking level of 25%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

VanEck Gold Miners ETF (GDX) has a current dividend yield of 1.40% this year. Last year's dividend yield was 2%. The dividend yield for GDX is a ratio that tells you the percentage of VanEck Gold Miners ETF (GDX)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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