|Bid||61.86 x 800|
|Ask||62.03 x 1200|
|Day's Range||61.78 - 63.43|
|52 Week Range||33.00 - 72.22|
|Beta (5Y Monthly)||0.15|
|PE Ratio (TTM)||19.44|
|Forward Dividend & Yield||1.60 (2.59%)|
|Ex-Dividend Date||Dec 10, 2020|
|1y Target Est||N/A|
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Newmont Corp. said Thursday its board has approved a share buyback program for up to $1 billion to be completed in the next 18 months. The gold and copper producer's new authorization builds on its 2020 $1.0 billion program, which saw it retire 22 million shares at an average price of $45 a share. Shares were up 0.5% premarket, and have gained 45% in the last 12 months, while the S&P 500 has gained 16%.
Massive new fiscal spending under Democrats supports the gold bull case long term, but faster Fed tightening could weigh on gold for a while.