|Bid||40.81 x 1000|
|Ask||41.44 x 1100|
|Day's Range||40.53 - 41.51|
|52 Week Range||16.07 - 56.42|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 11, 2021 - Feb 15, 2021|
|Forward Dividend & Yield||1.28 (3.10%)|
|Ex-Dividend Date||Dec 11, 2020|
|1y Target Est||41.40|
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%.
Newmont Announces $1.0 Billion Share Repurchase Program
Coast Capital CIO and founding partner James Rasteh joins Yahoo Finance Live to discuss why he is bullish on European equities, his outlook for gold mining stocks, and what he considers to be the failing state of the ESG industry.