NEM - Newmont Mining Corporation
31.56 0.00 (0.00%)
After hours: 5:32PM EDT
| Previous Close | 31.50 |
| Open | 31.21 |
| Bid | 31.55 x 2200 |
| Ask | 31.73 x 800 |
| Day's Range | 31.09 - 31.76 |
| 52 Week Range | 29.16 - 42.04 |
| Volume | 11,595,497 |
| Avg. Volume | 4,977,079 |
| Market Cap | 16.834B |
| Beta | 0.37 |
| PE Ratio (TTM) | 103.48 |
| EPS (TTM) | 0.31 |
| Earnings Date | Oct 24, 2018 - Oct 29, 2018 |
| Forward Dividend & Yield | 0.56 (1.84%) |
| Ex-Dividend Date | 2018-09-12 |
| 1y Target Est | 43.38 |
Market Realist•6 hours agoWhy Analysts Are Optimistic about Coeur Mining
How Do Analysts Rate Silver Miners? On a YTD basis, Coeur Mining (CDE) has almost matched the performance of the Silver Miners Index (SIL) with losses of 27.1%. Peers Hecla Mining (HL), Pan American Silver (PAAS), and Newmont Mining (NEM) are also trying to increase production at the lowest possible cost.
- American City Business Journals•12 hours ago
Executive profile: Newmont's Gary Goldberg put safety first, and the profits followed
He threaded something through the Greenwood Village-based giant's workplace culture, and the company rose to the top.
- Business Wire•12 hours ago
Newmont Announces Third Quarter 2018 Earnings Call
Newmont Mining Corporation announced it will report third quarter 2018 operations and financial results before the market opens on Thursday, October 25, 2018 and will hold a conference call at 10:00 a.m.
GuruFocus.com•3 days agoJPMorgan Takes Action on Gold Mining Stocks
The analyst at JPMorgan Chase & Co. (JPM) took action on gold mining stocks on Monday. JPMorgan maintained its neutral rating on Barrick Gold Corp. (ABX). The stock closed up 2.4% Monday, and the market capitalization is $12.09 billion.
- Zacks•4 days ago
Gold Mining ETFs Rise on Demand in India: Will This Last?
Gold mining ETFs have picked up over the past week led by a surge in demand from India and lower trade tensions.
- GuruFocus.com•8 days ago
52-Week Company Lows
Details the 52-week lows of the following companies: Schlumberger, Las Vegas Sands, General Motors, Southern Co., The Hartford Financial Services Group and Newmont Mining
- Business Wire•8 days ago
Newmont Ranked Mining Sector Leader by DJSI World for Fourth Consecutive Year
Newmont Mining Corporation (NEM) announced that for an unprecedented fourth year running, the Company was named the Metals and Mining sector leader by the Dow Jones Sustainability World Index (DJSI World). Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006. “This recognition is an important reflection of how well we are doing to create value and improve lives for all of our stakeholders,” said Gary Goldberg, President and Chief Executive Officer.
Markit•8 days agoSee what the IHS Markit Score report has to say about Newmont Mining Corp.
Newmont Mining Corp NYSE:NEM
Market Realist•10 days agoAshland Begins New Composites Research Center in Shanghai
On September 4, 2018, Ashland (ASH) inaugurated its new composites research and development technical center in Jinling Valley, Shanghai. The R&D center is expected to strengthen ASH’s position in the region and is expected to act as Asia-Pacific’s technical center of ASH’s composite segment. The center is approximately 1,500 square meters and will have 20 scientists and engineers.
- Zacks•10 days ago
Newmont Acquires 19.9% Interest in Orosur Mining for $2M
Newmont (NEM) acquires 19.9% interest in Orosur Mining for investment purposes.
- CNW Group•11 days ago
Newmont Announces Investment in Orosur Mining
DENVER , Sept. 10, 2018 /CNW/ - Newmont Mining Corporation (NEM) Newmont (the Company) today announced that the Company has entered into a subscription agreement (the "Subscription Agreement") pursuant to which it purchased 29,213,186 common shares("Common Shares") of Orosur Mining Inc. ("Orosur") at a price of C$0.091 per Common Share for total consideration of US$2,000,000 (or C$2,658,400 based on an exchange rate of US$1 = C$1.3292 ) (the "Private Placement"). Prior to completion of the Private Placement, Newmont did not own any Common Shares.
- InvestorPlace•14 days ago
Is Goldcorp Stock Ready to Shine Again?
After a downward summer for the price of gold and gold mining stocks in general, investors may consider adding Goldcorp (NYSE:GG) stock to their portfolio for the rest of the year. There are several long strategies in GG stock that could lead to impressive profits. With a holding of mines in both North and Latin America, Goldcorp is the largest Canadian gold miner by market capitalization.
GuruFocus.com•16 days agoNewmont Mining Corp Is a Bargain
Due to the inverse relationship with gold, the U.S. dollar has sent the bullion back to $1,190.85 per troy ounce, after the precious metal closed the last week of August up 0.4% to $1,202.45 per troy ounce. Warning! GuruFocus has detected 4 Warning Signs with NEM. One of the miners that fell the most is Newmont Mining Corp. (NEM).
Market Realist•23 days agoCiti Upgrades Barrick Gold—Why the Stock Needs More to Lift Off
Citigroup (C) analyst Alexander Hacking upgraded Barrick Gold to “neutral” from “sell” on August 28. As reported by The Fly, Hacking mentions that he finds Barrick compelling, as its stock price has fallen ~30% in 2018. The target price for Agnico Eagles Mines (AEM) was reduced from $45 to $38, Goldcorp (GG) was reduced from $16 to $14, and Newmont Mining (NEM) was reduced from $42 to $36.
Market Realist•25 days agoHow Analysts Expect Gold Miners’ Earnings to Progress
Now that we’ve considered analysts’ revenue estimates for the senior gold miners under review (GDX) in this series, let’s take a look at analysts’ EBITDA estimates.
Market Realist•28 days agoWhat’s Driving Analysts’ Revenue Forecasts for Gold Miners?
In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward.
Market Realist•28 days agoWhich Gold Miners Analysts Love after Q2 2018 and Why
In this article, we’ll look at the market sentiments for these companies. We’ll look at analysts’ recommendations, target prices, and potential upsides or downsides for these gold miners.
Market Realist•28 days agoWhich Gold Miners Could Surprise on the Upside on Free Cash Flow?
FCF (free cash flow) generation is important for gold mining companies (SGDM) (GDX). This excess cash helps miners optimize their financial leverages, invest in projects that can drive long-term value, and provide shareholder returns.
- GuruFocus.com•29 days ago
52-Week Company Lows
Illinois Tool Works, Constellation Brands, International Paper, Western Digital, Hartford Financial and Newmont Mining present buying opportunities
- Market Realist•29 days ago
Ranking Gold Miners Based on Debt-Repayment Capacity
To a point, companies try to optimize their debt-to-equity mixes. In fact, it isn’t always bad to carry debt if a company can repay it through earnings.
Market Realist•29 days agoWhich Gold Miners Are in Sound Financial Health?
As precious metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. Newmont Mining’s (NEM) net debt at the end of the second quarter was ~$1 billion compared to $1.9 billion at the end of 2016. The improvement was due to its EBITDA improvement and net debt reduction.
Market Realist•last monthAt What Cost Are Gold Miners Mining Gold?
AISC (all-in sustaining costs) is an encompassing measure that helps us compare gold miners’ performances. Barrick Gold (ABX) reported AISC of $856 per ounce and a cost of sales of $882 per ounce in the second quarter. Its cost of sales reached 22.0%, and its AISC was 21.0% higher YoY (year-over-year).
Market Realist•last monthAnalyzing Gold Miners’ Beats and Misses after Q2 2018
Among the gold miners (RING) (GDX) we’re discussing in this series, only Newmont Mining (NEM) beat analysts’ expectations in the second quarter. Stock reactions to the companies’ beats and misses and the extent of gold’s beats and misses varied among miners.
Market Realist•last monthHow Does Newmont Mining’s Financial Leverage Look?
Newmont Mining (NEM) saw its debt rise at the peak of the cycle due to expensive acquisitions. These companies are now focusing on steadily paying off their debt.
