NEM - Newmont Mining Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
31.68
+0.83 (+2.69%)
As of 11:07AM EDT. Market open.
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Previous Close30.85
Open31.21
Bid31.61 x 800
Ask31.62 x 1200
Day's Range31.03 - 31.75
52 Week Range29.16 - 42.04
Volume2,050,081
Avg. Volume4,922,925
Market Cap16.898B
Beta0.37
PE Ratio (TTM)103.87
EPS (TTM)0.31
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield0.56 (1.84%)
Ex-Dividend Date2018-09-12
1y Target Est42.85
Trade prices are not sourced from all markets
  • JPMorgan Takes Action on Gold Mining Stocks
    GuruFocus.com22 hours ago

    JPMorgan 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.

  • Gold Mining ETFs Rise on Demand in India: Will This Last?
    Zacks2 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.com6 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 Wire6 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.

  • Ashland Begins New Composites Research Center in Shanghai
    Market Realist8 days ago

    Ashland 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.

  • Newmont Acquires 19.9% Interest in Orosur Mining for $2M
    Zacks8 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 Group9 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.

  • InvestorPlace12 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.

  • Newmont Mining Corp Is a Bargain
    GuruFocus.com14 days ago

    Newmont 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).

  • GuruFocus.com20 days ago

    Mario Gabelli Comments on Newmont Mining Corp

    Guru stock highlight

  • Citi Upgrades Barrick Gold—Why the Stock Needs More to Lift Off
    Market Realist21 days ago

    Citi 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.

  • How Analysts Expect Gold Miners’ Earnings to Progress
    Market Realist23 days ago

    How 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.

  • What’s Driving Analysts’ Revenue Forecasts for Gold Miners?
    Market Realist26 days ago

    What’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. 

  • Which Gold Miners Analysts Love after Q2 2018 and Why
    Market Realist26 days ago

    Which 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.

  • Which Gold Miners Could Surprise on the Upside on Free Cash Flow?
    Market Realist26 days ago

    Which 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.com27 days ago

    52-Week Company Lows

    Illinois Tool Works, Constellation Brands, International Paper, Western Digital, Hartford Financial and Newmont Mining present buying opportunities

  • Ranking Gold Miners Based on Debt-Repayment Capacity
    Market Realist27 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.

  • Which Gold Miners Are in Sound Financial Health?
    Market Realist27 days ago

    Which 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.

  • At What Cost Are Gold Miners Mining Gold?
    Market Realist28 days ago

    At 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).

  • Analyzing Gold Miners’ Beats and Misses after Q2 2018
    Market Realist29 days ago

    Analyzing 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.

  • How Does Newmont Mining’s Financial Leverage Look?
    Market Realist29 days ago

    How 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.

  • Is Newmont’s Project Pipeline Strong Enough to Support Growth?
    Market Realistlast month

    Is Newmont’s Project Pipeline Strong Enough to Support Growth?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Newmont Mining is poised to overtake Barrick Gold as the world’s largest gold producer in 2018. For more on this, please read Barrick Gold versus Newmont Mining: Comparing Miners in 2018 and Beyond.

  • What Could Provide an Upside to Newmont Mining’s Production?
    Market Realistlast month

    What Could Provide an Upside to Newmont Mining’s Production?

    What Could Drive Newmont Mining Stock in the Rest of 2018? In the second quarter, Newmont Mining (NEM) produced 1.16 million ounces, marking a 14.0% decline YoY (year-over-year). Newmont Mining (NEM) maintained its gold production guidance of 4.9 million–5.4 million ounces in 2018 and 2019.

  • 3 Large Gold Miners Near 52-Week Lows
    GuruFocus.comlast month

    3 Large Gold Miners Near 52-Week Lows

    Three gold mining stocks are trading cheaply since their share prices are close to a 52-week low. Goldcorp is trading around $10.74 per share on the New York Stock Exchange. The current share price is only 36 cents above the 52-week low of $10.38 and nearly 45% below the 52-week high of $15.55.