|Bid||69.75 x N/A|
|Ask||69.77 x N/A|
|Day's Range||69.69 - 70.73|
|52 Week Range||68.25 - 90.94|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||17.82|
|Earnings Date||Oct 27, 2021 - Nov 01, 2021|
|Forward Dividend & Yield||2.79 (3.84%)|
|Ex-Dividend Date||Sep 08, 2021|
|1y Target Est||N/A|
Newmont Mining Corp's Yanacocha sulfides project to expand gold production in Peru has been delayed and will only be developed "at the pace the pandemic allows," CEO Tom Palmer said on Wednesday at an industry conference. U.S.-based Newmont, the world's largest gold miner, has committed $500 million to invest in the project located alongside Newmont's Yanacocha gold mine, which will extend the life of Yanacocha beyond 2040.
Here's how to dabble in the most popular investment in human history.
Gold stocks were reeling Thursday on the heels of widespread selling in precious metals. The losses are coming even as the rest of the stock market is drifting, so it’s not as if this is part of a broader risk-off environment. While that should be a comforting fact for those holding a diversified portfolio, it doesn’t exactly lessen the sting for traders heavily invested in gold miners. Gold prices closed down more than 2%, while silver slid just shy of 4%. Unfortunately, the higher beta of gold