NEM - Newmont Goldcorp Corporation
| Previous Close | 36.22 |
| Open | 36.50 |
| Bid | 34.14 x 4000 |
| Ask | 36.61 x 1400 |
| Day's Range | 35.81 - 36.63 |
| 52 Week Range | 29.06 - 38.63 |
| Volume | 8,927,905 |
| Avg. Volume | 11,827,232 |
| Market Cap | 29.515B |
| Beta (3Y Monthly) | -0.34 |
| PE Ratio (TTM) | 81.29 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.56 (1.69%) |
| Ex-Dividend Date | 2019-06-05 |
| 1y Target Est | N/A |
- Reuters•2 days ago
UPDATE 1-Newmont Goldcorp resumes operations at Peñasquito gold mine in Mexico
Newmont Goldcorp said on Monday it had resumed shipping concentrate from the Peñasquito gold mine in Mexico after a blockade by a trucking contractor and some members of the Cedros community was lifted. Delivery of supplies to the site have also resumed, Newmont said, adding that the downtime from the suspension was used to bring forward maintenance on some systems and equipment. It accounts for about 17 percent of Newmont Goldcorp's net asset value, according to Scotiabank.
- GuruFocus.com•5 days ago
Mario Gabelli's 1st Quarter Value 25 Fund Commentary
Discussion of markets and holdings
- Market Realist•5 days ago
Which Gold Miners Offer Long-Term Production Growth?
This year is expected to be a harvest year for Agnico Eagle Mines (AEM), as many of its projects are expected to come online. Its Meliadine and Amaruq locations remain on schedule to begin production in the third quarter of 2019.
- Reuters•5 days ago
Protesters agree to lift Newmont Goldcorp blockade in Mexico
- Barrons.com•5 days ago
Gold Is Taking Off as Investors Seek Safety
The price rose 1.2% Friday morning, hitting its highest level since April 2018 and marking a 6% rise so far this month.
- Market Realist•7 days ago
What’s behind Newmont Goldcorp’s Higher Valuation Multiple?
Among senior and intermediate gold miners (GDX), Newmont Goldcorp (NEM) has the second-highest forward enterprise value-to-EBITDA multiple of 8.1x.
- Market Realist•8 days ago
Can NEM Realize Lower Unit Costs as Its Projects Come Online?
Newmont Goldcorp’s (NEM) AISC (all-in sustaining costs) for the first quarter was $845 per ounce, which implies a fall of 4% compared to the same quarter last year.
- Market Realist•8 days ago
Why Analyst Sentiment on Newmont Goldcorp Has Turned Around
Among the 17 analysts currently covering Newmont Goldcorp (NEM), 71% have “buy” ratings on the stock and 12% have “sell” ratings on the stock.
- Market Realist•8 days ago
Newmont Goldcorp’s Financial Position versus Peers after Q1
Newmont Goldcorp’s (NEM) debt rose significantly at the peak of the cycle due to expensive acquisitions.
- Market Realist•8 days ago
Here Are Newmont Goldcorp’s Key Production Drivers
In the first quarter, Newmont Goldcorp (NEM) produced 1.23 million ounces, an increase of 1.7% YoY and a decline of 14.6% sequentially.
- Market Realist•8 days ago
Does Newmont Goldcorp Look Attractive after Q1 Results?
Does Newmont Goldcorp Look Attractive after Q1 Results?Newmont Goldcorp’s price performanceNewmont Goldcorp (NEM) has gained 4.4% YTD as of June 10, slightly outperforming the SPDR Gold Shares (GLD), which has returned 3.4% in the same period.
Bloomberg•9 days agoGold Giants Battling to Lure Back Investors Who Fled Industry
In the wake of two mega-mergers that have reset the gold industry, one small detail has delighted Mark Bristow, Barrick Gold Corp.’s chief executive officer: His company’s ability to secure the rights to trade its stock under the ticker GOLD in New York. Barrick and newly merged Newmont Goldcorp Corp. are in a race to lure back generalist investors who fled the gold sector years ago.
- Bloomberg•9 days ago
The African Nation Built on Gold Loses Its Crown to a Rival
The country that led global gold production for a century and extracted about half the bullion mined to date is now Africa’s second-largest gold producer. Meanwhile Ghana, a country whose gold-mining industry dates back to the 19th century, is benefiting from lower-cost mines, friendlier policies and new development projects. South African industry stalwarts AngloGold Ashanti Ltd. and Gold Fields Ltd. are shifting their focus to other countries -- including Ghana -- where deposits are cheaper and easier to mine.
- TheStreet.com•11 days ago
Buy Newmont Goldcorp to Follow Gold Futures Higher
should be a core holding in a diversified investment portfolio. My call is to allocate 10% of your investment portfolio into a gold mining stock and Newmont is closely correlated to the price pattern for the Comex gold futures contract. The weekly chart for gold futures shows that the precious metal is poised for a breakout and Newmont will follow.
- Insider Monkey•12 days ago
Here’s What Hedge Funds Think About Newmont Goldcorp Corporation (NEM)
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
- Reuters•12 days ago
Toro Gold hires bank to explore sale as IPO plans shelved -sources
West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said. Toro Gold started preparing last year for a London listing, sources said at the time, but it is now exploring a sale as initial public offerings of small capitalisation miners are no longer generating interest, even to risk-seeking investors.
- Reuters•14 days ago
Guinea iron ore prospectors set sights on ArcelorMittal rail
LONDON/CONAKRY, June 5 (Reuters) - The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway, banking and industry sources said. Guinea's aspirations to develop Simandou, the world's largest known untapped iron ore deposit, have foundered because of the cost of infrastructure and protracted legal disputes.
- MoneyShow•14 days ago
Three Picks to Play Gold Mining
Several major gold companies on our recommended list look like good buys now, notes internationally recognized resource sector expert Adrian Day, editor of Global Analyst.
- Investopedia•14 days ago
Can the FOMC Combat the Impact of Tariffs?
Traders are pricing in a rate cut as soon as July. The materials sector recovered, and the S&P 500 rebounded like it did in early March.
- Investopedia•16 days ago
Gold Miner ETFs Glitter as Geopolitical Tensions Mount
Gold regained its shine on Friday after Trump's surprise Mexico tariff tweet. Profit from global uncertainty using these three ETFs.
- Bloomberg•19 days ago
Gold Climbs as Trump's Mexico Tariffs Shows ‘No Country Is Safe’
President Donald Trump’s plan to impose a 5% tariff on all Mexican goods over illegal immigration rattled financial markets, boosting the haven appeal of the metal that has been weighed down by the strong dollar. China’s threat to blacklist foreign firms it accuses of damaging its interests also added to the global uncertainty that’s strengthening the case for owning bullion as a store of value. Global equities headed for the worst month since December and there are growing signals that an economic slowdown is imminent, with the outlook for China’s manufacturing sector deteriorating more than expected in May, according to data on Friday.
- Schaeffer's Investment Research•19 days ago
Gold Options Bets Pour In as Stock Market Drops
GDX, GLD, and NEM are all seeing heavy options trading today
- Market Realist•20 days ago
Which Gold Miners Could Offer Valuation Upsides after Q1?
Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Gold miners and broader equitiesGold miners (GDX) are looking cheap compared to broader markets. Currently, the ratio of the NYSE Arca Gold Miners Index to the S&P
Market Realist•21 days agoGold Miners: What’s Impacting Analysts’ Earnings Estimates?
Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Analysts’ EBITDA expectationsNow that we’ve considered analysts’ revenue estimates for senior and intermediate gold miners (GDX), we’ll discuss analysts’
