NEM - Newmont Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
46.33
+0.75 (+1.66%)
As of 1:47PM EST. Market open.
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Previous Close45.58
Open45.75
Bid46.32 x 900
Ask46.33 x 1300
Day's Range45.61 - 46.42
52 Week Range29.77 - 46.42
Volume3,899,870
Avg. Volume6,645,444
Market Cap37.987B
Beta (5Y Monthly)0.14
PE Ratio (TTM)13.74
EPS (TTM)3.37
Earnings DateFeb 19, 2020
Forward Dividend & Yield0.56 (1.27%)
Ex-Dividend DateDec 03, 2019
1y Target Est48.66
  • Business Wire

    Newmont Brings First Autonomous Haulage Fleet to Gold Mining Industry

    Newmont Brings First Autonomous Haulage Fleet to Gold Mining Industry

  • Newmont (NEM) to Post Q4 Earnings: What's in the Offing?
    Zacks

    Newmont (NEM) to Post Q4 Earnings: What's in the Offing?

    Benefits from higher grades and increased gold prices are likely to get reflected in Newmont's (NEM) Q4 performance.

  • GlobeNewswire

    Loncor Provides Update on Exploration Activities at Its Ngayu Project

    Loncor Resources Inc. ("Loncor" or the "Company") (TSX: "LN"; OTCQB: "LONCF") is pleased is pleased to provide an update on its activities within the Ngayu Greenstone Belt, where the Company has a dominant foot-print through its joint venture with Barrick Gold (Congo) SARL (“Barrick”) and on its own majority-owned exploration licences and exploitation concessions including the Imbo exploitation concession. The Ngayu Archean Greenstone Belt of northeastern Democratic Republic of the Congo (the “DRC”) is geologically similar to the belts which host the world class gold mines of AngloGold Ashanti/Barrick’s Kibali mine in the DRC and AngloGold Ashanti’s Geita mine in Tanzania.

  • Business Wire

    Newmont Declares Fourth Quarter 2019 Dividend of $0.14 per Share

    Newmont Declares Fourth Quarter 2019 Dividend of $0.14 per Share

  • Benzinga

    7 Ways To Invest In Gold Amid Coronavirus Fears

    The COVID-19 virus outbreak has certainly made investors uneasy, and the idea of a deadly global pandemic is cause for concern. One traditional safety trade for investors is to buy gold or gold mining ...

  • Newmont Corporation (NEM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Newmont Corporation (NEM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    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.

  • Why You Should Buy Barrick Gold Corp
    GuruFocus.com

    Why You Should Buy Barrick Gold Corp

    The North American gold giant holds great potential for future growth Continue reading...

  • Business Wire

    Newmont Reports 2019 Gold Mineral Reserves of 100 Million Ounces, Largest in Company History

    Newmont Reports 2019 Gold Mineral Reserves of 100 Million Ounces, Largest in Company History

  • Why Alacer Gold Is a Buy
    GuruFocus.com

    Why Alacer Gold Is a Buy

    The stock has shown strong performance recently Continue reading...

  • Zacks

    NASDAQ Reaches New Closing High as Rebound Continues

    NASDAQ Reaches New Closing High as Rebound Continues

  • GuruFocus.com

    US Stocks Rally on Tuesday

    Clorox jumps on second-quarter results Continue reading...

  • Top Gold Stocks for February 2020
    Investopedia

    Top Gold Stocks for February 2020

    Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious metal.

  • Increase Your Chances to Earn Large Returns With These 3 Stocks
    GuruFocus.com

    Increase Your Chances to Earn Large Returns With These 3 Stocks

    A trio of cheap stocks with strong balance sheets that are expected to raise earnings Continue reading...

  • Gold Stocks In Buy Range As Gold Price Nears 7-Year High On Coronavirus
    Investor's Business Daily

    Gold Stocks In Buy Range As Gold Price Nears 7-Year High On Coronavirus

    Should gold stocks be on your buy list as the spot gold price nears a seven-year high on the coronavirus threat? Here's a primer on investing in gold.

  • Business Wire

    Newmont Recognized for Strong Environmental, Social and Governance Performance

    Newmont Recognized for Strong Environmental, Social and Governance Performance

  • Barrons.com

    Barron’s Beat the Stock Market Last Year. Here’s How We Did It.

    Timely calls on gold miners and robotics stocks, and skeptical takes on ride-hailing apps and fake meat, helped Barron’s writers beat the market in 2019. Stocks that were the subject of bullish articles returned 14.1%, on average, through the end of the year, against a 12.7% gain for the benchmarks. It was the first year since 2016 that our bullish picks outpaced their benchmarks.

  • 3 Top Pot Stock Trades for Next Week
    InvestorPlace

    3 Top Pot Stock Trades for Next Week

    I never thought I'd say this given the destruction wrought in marijuana stocks over the past year. But, I'm now a fan of bull trades. It wasn't a change in fundamentals that sparked the switch, but a change in price behavior. I've surveyed every sector, and cannabis stocks are flashing some of the top trades for the week.What began as a subtle bottoming formation has grown into an influential trend reversal with significant implications.Cannabis stocks have long held the possibility for eye-popping gains. But, as is often the case, the hype outran reality, resulting in a nasty comeuppance for speculators caught chasing the bubble last year. From their peaks, the stock prices of industry leaders like Canopy Growth Corp (NYSE:CGC), Cronos Group (NASDAQ:CRON), Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) have fallen anywhere from 76% to 95% from their 2018 highs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut last week, the lot of them (sans Aurora -- it still looks terrible) suddenly surged. The massive influx of buyers suggests the worst could be over, and momentum is back, baby! * The Top 5 Dow Jones Stocks to Buy for 2020 Let's take a closer look at three of the top pot stocks to trade. 3 Top Pot Stock Trades for This Week: Canopy Growth Corp (CGC)Source: The thinkorswim® platform from TD Ameritrade Peak-to-Trough Decline: 77%Canopy Growth shares saw capitulation following November's earnings report. Given the groundswell in volume and mass number of weak hands shaken out, not to mention the influx of buyers on the subsequent snapback, I suspect last year's lows near $14 will spell the bottom for the foreseeable future.The six weeks of consolidation that followed without CGC making a new low helped confirm that the bottom was likely in. The multiple accumulation days cropping up also helped reveal institutions were circling the wagons.This week, bulls abandoned subtlety and cannonballed into the water. Horizontal resistance gave way at $22, creating a game-changing breakout. With momentum traders now flocking, you should view weakness as a gift to be bought.Buy CGC via stock, calls, or call spreads with a stop under $22. Cronos Group (CRON)Peak-to-Trough Decline: 76%Cronos Group is following in Canopy Growth's footsteps. Though its rebound hasn't been as vigorous, there's no denying buyers now hold the upper hand for the first time since early 2019. The turnabout has been virtually textbook. First, momentum slowed. Then the 50-day and 20-day moving averages flattened out. Accumulation days made an appearance, showing demand bubbling beneath the surface.Finally, buyers threw caution to the wind and jammed CRON stock higher this week, blasting through critical resistance at $7.75.Though we could use a few more days of pausing to digest the gain better and establish a high base pattern, I don't know if bulls will allow the rest. Look for a breakout over $8.80 to signal that the next stage of its recovery has begun. * 10 Cheap Stocks to Buy Under $10 CRON stock is cheap enough to play the stock outright. No need to complicate matters with options. Tilray (TLRY)Source: The thinkorswim® platform from TD Ameritrade Peak-to-Trough Decline: 95%Tilray rounds out today's trio and is the most insane of the bunch. Only a select few stocks still trading can say they've fallen 95% over eighteen months. Given the destruction, you may wonder if it's wise to play with TLRY at all. It's a volatile beast, no doubt, but when things are swinging in your favor, profits accumulate quickly.TLRY stock is seeing a mass influx of buyers right now. This week's volume was the highest of the past year and signals big buyers are stepping back in. While this rebound could suffer the fate of so many of its predecessors (that is, failure), I suspect the strength will persist long enough for tactical traders to capture profits.Buy TLRY over $22.52 with a stop under the 50-day moving average ($18.91).As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post 3 Top Pot Stock Trades for Next Week appeared first on InvestorPlace.

  • Gold’s Rally Helps Miners Delay the Inevitable
    Bloomberg

    Gold’s Rally Helps Miners Delay the Inevitable

    (Bloomberg Opinion) -- Peak gold production is looking a little more distant. Global supply of the yellow metal has been inexorably approaching its high-water mark, as ore is extracted faster than new discoveries are made. Mines have been aging fast. A sustained price rally can change that picture, as investors rekindle their enthusiasm for large-scale exploration and technological innovation. Bullion miners’ margins will benefit.Gold is coming out of a long period in the investor wilderness. Last year marked the biggest annual gain in prices since 2010. It broke through $1,570 last week — the highest in almost seven years. Gold prices are driven by factors that aren’t always predictable, but there’s certainly scope to go higher, with interest rates low and geopolitical tensions simmering. Holdings of gold in exchange-traded funds, popular with retail investors, are near 2012’s lofty levels. Central banks remain buyers too.This isn’t a repeat of 2011, when gold cracked a gravity-defying $1,900 per ounce — at least, not yet. The all-time high remains some way off, despite a handful of analysts already pointing to $2,000 gold. But the impact of higher prices is already trickling down. All-in sustaining cash costs remained at around $934 per ounce for the largest producers in the third quarter of 2019, according to Bloomberg estimates. The industry measure, though rising, makes for healthy margins. Barrick Gold Corp., for example, reported third-quarter free cash flow of $502 million, compared to $55 million in the previous three months.Last year’s flurry of M&A speaks to that exuberance: from Barrick Gold’s merger with Randgold Resources Ltd., completed that January, to Goldcorp Inc.’s union with Newmont Corp., plus a string of opportunistic offers among smaller companies, and imaginative deals like Barrick’s Nevada joint venture with Newmont. Overall, 2019 marked a return to levels last seen during the boom.There’s more to come, especially among smaller players. Diverging levels of bullishness, after years of homogenous forecasts, will create opportunities for miners to expand portfolios.But the deal spike tells a supply story too, and those numbers are grim even after miners pair up, with reserves down steadily for much of the past decade. The average life of a gold mine shrank to 11 years by 2018 from 16 in 2012, according to consulting company Wood Mackenzie Ltd. Back in 2015, as prices fell toward $1,000 an ounce, the World Gold Council warned that the industry was nearing “peak gold,” after which output would begin to decline. That’s still a threat.Tie-ups are no panacea. The trouble is there’s no short-term link between gold prices and supply. Sure, marginal projects become viable, but that’s a transient boost. Also, the lag effect means mines commissioned in boom years will still take years to come into production. Meanwhile, the scars of the 2011 excesses will make miners reluctant to change their assumptions for the long-term gold price, which are largely still at or below $1,300.The good news is that this works both ways. Higher supply, through exploration or innovation, also won’t depress prices.That should increase enthusiasm for exploration. Budgets have shrunk and success rates have been decreasing, even if gold continues to command the lion’s share of the mining sector’s exploration outlays. So far, spending has increased largely on existing projects rather than new finds. Splashy budgets don’t guarantee success, but the supply numbers will have to rise. There are already signs of long-awaited projects accelerating, such as Polyus PJSC’s Sukhoi Log in Siberia. Then there is investment in technology. This isn’t only to automate and electrify fleets, but to upgrade exploration and processing techniques. For gold, processing improvements could make even complex, refractory ore — resistant to more common extraction methods — attractive. Barclays Plc estimated in December that innovation could add 10% of incremental supply growth through 2025. Cost per ounce may come down 4%. That’s a target worth aiming for. To contact the author of this story: Clara Ferreira Marques at cferreirama@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Clara Ferreira Marques is a Bloomberg Opinion columnist covering commodities and environmental, social and governance issues. Previously, she was an associate editor for Reuters Breakingviews, and editor and correspondent for Reuters in Singapore, India, the U.K., Italy and Russia.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Newmont (NEM) Shares Up 13% in 3 Months: What's Driving It?
    Zacks

    Newmont (NEM) Shares Up 13% in 3 Months: What's Driving It?

    Dividend hike, disciplined capital allocation strategy and healthy prospects are driving Newmont's (NEM) shares.

  • ETF Trends

    A Surprising Payout Play in Miners Territory

    The VanEck Gold Miners ETF (NYSEArca: GDX), the benchmark bullion miners ETF, isn’t known as a dividend destination. Those are the breaks when an ETF has a yield of around 0.40%, but GDX’s dividend outlook ...

  • Benzinga

    Gold Miners ETF Becomes A Dividend Idea

    With a yield of just 0.39%, the VanEck Vectors Gold Miners ETF (NYSE: GDX) doesn't scream "dividend fund," but the largest gold miners exchange traded fund is making some progress on that front. Rather, some of its largest components have recently unveiled significant dividend increases. "Gold miners may increase cash returned to shareholders as gold prices rise but should exhibit more caution than in past bull cycles," Fitch Ratings said in a recent note.

  • Business Wire

    Newmont’s Boddington General Manager to Lead Peñasquito Mine in Mexico

    Newmont’s Boddington General Manager to Lead Peñasquito Mine in Mexico

  • GlobeNewswire

    Great Lakes Announces a New Appointment to the Board of Directors

    Great Lakes Dredge & Dock Corporation ("Great Lakes") (GLDD), the largest provider of dredging services in the United States announced today that Elaine Dorward-King was appointed to its Board of Directors. Dr. Dorward-King was appointed to the class of directors that will stand for election at the upcoming 2020 Annual Meeting of Shareholders. At this time, the Company has not made a determination regarding any committee assignments for Dr. Dorward-King.