34.75 +0.22 (0.64%)
After hours: 7:57PM EST
|Bid||34.60 x 900|
|Ask||0.00 x 4000|
|Day's Range||33.00 - 34.74|
|52 Week Range||29.06 - 41.98|
|Beta (3Y Monthly)||-0.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||0.56 (1.69%)|
|1y Target Est||40.00|
Newmont Mining Corporation (NEM) (Newmont or the Company) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Goldcorp Inc. (NYSE: GG, TSX: G) under Canadian competition law. Newmont continues to cooperate with other regulatory agencies regarding additional approvals that are conditions to closing of the combination. Last month, Newmont and Goldcorp announced the two companies will create an unmatched portfolio of world-class operations, projects, Reserves, exploration opportunities, and talent.
Newmont (NEM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Warning! GuruFocus has detected 3 Warning Sign with SHO. During this time, coordinated action by the world's central banks kept interest rates near zero and the prices of nearly all asset classes high. Until the fourth quarter stumble, U.S. equities were 119 months into the longest-ever bull market, led mostly by growth stocks riding a global wave of technological innovation and expanding prosperity.
Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kinross Gold Beat Its Q4 Earnings EstimatesKinross Gold’s earnings Kinross Gold (KGC) released its fourth-quarter earnings results after the market closed on February 13. The company will hold its conference call on February 14. Kinross Gold
Barrick Gold favors a partnership with rival Newmont Mining to combine ore processing operations at some gold mines in Nevada, Barrick CEO Mark Bristow said in an interview.
Barrick Gold Corp on Wednesday forecast a double-digit jump in gold output this year, underscoring the growth potential of the world's largest publicly traded bullion producer after it bought rival Randgold Resources last month. Shares of Barrick fell 2.6 percent to $17.26 in morning trading. Barrick, which spent $6.1 billion on the Randgold deal, has formed new management teams, cut administrative costs and begun to spend more on geology and other mine services, part of new Chief Executive Mark Bristow's plan to set the combined company firmly apart from peers.
Barrick Gold Tanks on Mixed ResultsBarrick Gold’s Q4 2018 earnings Barrick Gold (GOLD) reported its Q4 2018 and 2018 results today before markets opened. It reported adjusted EPS of $0.06 for Q4, slightly beating the consensus estimate of $0.05.
The " Fast Money " traders shared their first moves for the market open.Pete Najarian was a buyer of AutoZone AZO . Tim Seymour was a buyer of Coca-Cola KO .Dan Nathan was a buyer of Activizion Blizzard ATVI .
What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Factors affecting Barrick’s estimates As we’ve seen previously in the series, Barrick Gold (GOLD) has underperformed its peers year-to-date. Most of the analysts are
Gold has seen a widespread, strong, and sustained value appreciation around the globe against 72 currencies in the past two decades, according to Ross Norman, CEO of London-based bullion broker Sharps Pixley.
What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Critical asset reviewAfter the announcement of the merger, Barrick Gold (GOLD) and Randgold Resources stressed that the merger is a step towards improving shareholder
What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Tanzania tax dispute One of the major issues for Barrick Gold (GOLD) remains subsidiary Acacia’s tax dispute with the Tanzanian government. The government of Tanzania banned
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Valuation for capital-intensive industriesThe EV-to-EBITDA (enterprise value-to-EBITDA) multiple is a good measure of valuation for capital-intensive
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Analysts’ estimates for FCFInvestors are typically interested in gold mining companies’ (GDX) (GDXJ) ability to generate FCF (free cash flow) because it
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Earnings estimates In this article, we’ll discuss what analysts expect for gold miners’ (RING) earnings in the fourth quarter of 2018. In line with their
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Analysts’ forecasts Analysts estimates for gold miners’ (GDX) revenues can give us a good idea about their gold price (GLD) outlooks as well as their
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Market sentiment Let’s look at Wall Street analysts’ recent ratings and recommendations for gold miners ahead of their fourth-quarter earnings results.
Digging into Gold Miners' Performances ahead of Their Q4 ResultsGold versus gold mining companies Gold’s price has risen 2.2% YTD (year-to-date) after falling ~1.9% in 2018. Gold (GLD) saw its fourth consecutive positive monthly return in