28-Mar-2024
No press releases found.
Limited upside for gold as March rally 'remains a mystery', says Commerzbank
Seeking Alpha News (Thu, 28-Mar 8:08 AM ET)
Commodity Roundup: Oil set for third monthly gain; gold eyes best month since Oct.
Seeking Alpha News (Thu, 28-Mar 6:21 AM ET)
Commodity Roundup: Oil down on surprise crude build; cocoa holds near record levels
Seeking Alpha News (Wed, 27-Mar 6:12 AM ET)
Commodity Roundup: Cocoa prices extend gains after surpassing $9,000 on supply woes
Seeking Alpha News (Tue, 26-Mar 6:26 AM ET)
Gold adds to gains on lingering inflation concerns; analysts see price moving higher
Seeking Alpha News (Mon, 25-Mar 5:50 PM ET)
VanEck Junior Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.
Vaneck Junior Gold Miners ETF trades on the ARCA stock market under the symbol GDXJ.
As of March 28, 2024, GDXJ stock price climbed to $38.74 with 8,287,243 million shares trading.
GDXJ has a beta of 0.92, meaning it tends to be less sensitive to market movements. GDXJ has a correlation of 0.11 to the broad based SPY ETF.
GDXJ has a market cap of $4.59 billion. This is considered a Mid Cap stock.
In the last 3 years, GDXJ stock traded as high as $55.79 and as low as $25.80.
GDXJ has underperformed the market in the last year with a return of +2.7%, while the SPY ETF gained +33.6%. In the last 3 month period, GDXJ fell short of the market, returning -1.6%, while SPY returned +10.1%. However, in the most recent 2 weeks GDXJ has outperformed the stock market by returning +5.1%, while SPY returned +1.7%.
GDXJ support price is $37.05 and resistance is $38.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GDXJ stock will trade within this expected range on the day.