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Stock impact report

Gold Miners: Is GDX Back? [Seeking Alpha]

VAN ECK VECTORS GENERIC DRUGS ETF (GNRX) 
US:NASDAQ Investor Relations: vaneck.com/etf/equity/gnrx/overview
Company Research Source: Seeking Alpha
Summary VanEck Vectors Gold Miners ETF ( GDX ) is having a good week for a change, and is now up for a third consecutive day after bouncing off the $21 support level. As of 9:40 am Wednesday July 12th GDX was trading at approximately $22.00, roughly 5% higher than the low hit just 2 days ago. However, an instrumental question remains: whether there is more room for significant upside concerning the gold mining sector or if this is simply a short-term bump higher. Various fundamental and technical factors appear to be signaling that the precious metals sector may have more room for significant upside. This analysis explores the different elements that are likely to influence GDX’s price going forward, and could elevate its price meaningfully higher from current levels. GDX at a Glance VanEck Vectors Gold Miners ETF GDX aims to replicate as closely as possible, the price and yield performance of the NYSE Arca Gold Miners Index (GDMNTR), which is intended to tr Show less Read more
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