NEM - Newmont Mining Corporation

NYSE - NYSE Delayed Price. Currency in USD
37.46
+0.44 (+1.19%)
At close: 4:02PM EDT
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Previous Close37.02
Open37.23
Bid0.00 x 800
Ask0.00 x 21500
Day's Range37.16 - 37.61
52 Week Range31.42 - 42.04
Volume5,881,472
Avg. Volume4,496,342
Market Cap19.984B
Beta0.58
PE Ratio (TTM)425.68
EPS (TTM)0.09
Earnings DateJul 26, 2018
Forward Dividend & Yield0.56 (1.46%)
Ex-Dividend Date2018-06-06
1y Target Est44.65
Trade prices are not sourced from all markets
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  • Kinross Gold on the Street: Analysts’ Latest Ratings
    Market Realist3 days ago

    Kinross Gold on the Street: Analysts’ Latest Ratings

    The VanEck Vectors Gold Miners ETF (GDX) has returned -2.3%, and the SPDR Gold Trust (GLD), which tracks gold’s physical price, has returned -0.2%. Kinross Gold was punished mainly because of its exposure to Russia through two of its mines.

  • Business Wire4 days ago

    Newmont Welcomes Sumitomo as Valued Partner at Yanacocha

    Newmont Mining Corporation (NEM) (Newmont or the Company) welcomed Sumitomo Corporation (Sumitomo) as a new and valued partner in Minera Yanacocha SRL (Yanacocha) following its purchase of a five percent stake in the partnership. Newmont, Buenaventura and Sumitomo completed the transaction today in which Sumitomo paid $48 million for the ownership interest in Yanacocha.

  • Business Wire4 days ago

    Newmont Announces Second Quarter 2018 Earnings Call

    Newmont Mining Corporation announced it will report second quarter 2018 operations and financial results before the market opens on Thursday, July 26, 2018 and will hold a conference call at 10:00 a.m.

  • Reuters12 days ago

    Southern Copper sees Michiquillay mine in Peru starting operations in 2022

    Southern Copper Corp said on Tuesday that it plans to start building its proposed $2.5 billion copper mine Michiquillay in Peru next year and will likely start operations in 2022 - three years earlier than previously forecast. Southern's chief executive, Oscar Gonzalez, added that the company will need to reach detailed agreements with residents near the deposit in the northern Andean region of Cajamarca before construction can begin. "It's expected operations will start by 2022," Gonzalez told journalists after signing the Michiquillay contract with government officials.

  • Benzinga12 days ago

    Morgan Stanley Prefers Newmont Mining Over Barrick Gold

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  • Morgan Stanley Picks 1 Gold Stock to Buy, and 1 to Sell
    Motley Fool12 days ago

    Morgan Stanley Picks 1 Gold Stock to Buy, and 1 to Sell

    The analyst firm upgrades Newmont Mining even as it cuts Barrick Gold.

  • Barrons.com12 days ago

    Newmont Mining & Barrick Gold: Buy One, Sell the Other

    Gold prices haven't done much this year, but gold stocks have diverged quite a bit, with Barrick Gold (ABX) down some 9% since the start of 2018, while Newmont Mining (NEM) is up more than 3%. Given the stocks' relative performance, some investors may be tempted to scoop up Barrick, on the belief that it's gotten too cheap--but they should resist temptation, says Morgan Stanley's Piyush Sood. Sood argues that Barrick's underperformance looks set to continue through the rest of the year, and ahead of the company's final agreement with the government of Tanzania, he downgraded the shares to Underweight, and shaved $2 off his price target, to $12.

  • GlobeNewswire13 days ago

    Goldstrike Resources and Newmont Mining Commence Drilling On Plateau Property, Yukon

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  • Gold Is Playing Its Role as Safe Haven this Year!
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  • Investopedia19 days ago

    Gold Stocks Are Poised for a Big Breakout

    After a lengthy bear market, the prospects for beaten-down gold stocks are starting to look promising. Joe Foster, head of Morningstar’s top ranked equity precious metals fund VanEck International Investors Gold fund, cites geopolitical risk, uncertainty around the Trump presidency, potential inflationary pressure and being in the later stages of the business cycle as factors that could give gold some bullish momentum. Among some of the fund’s major holdings are B2Gold Corp. ( BTG), Newmont Mining Corp. ( NEM), Kirkland Lake Gold Ltd. ( KL), Continental Gold Ltd. ( CNL.XTSE) and Yamana Gold Inc. ( AUY).

  • At $39.19, Is Newmont Mining Corporation (NYSE:NEM) A Buy?
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    At $39.19, Is Newmont Mining Corporation (NYSE:NEM) A Buy?

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  • Reuters23 days ago

    Ghana gold output up 10.2 pct to 2.805 mln oz in 2017 -Chamber of Mines

    Ghana's gold output rose to 2.805 million ounces in 2017, up 10.2 percent from the previous year, data from the Ghana Chamber of Mines showed on Friday. Ghana is Africa's second largest gold producer after South Africa. Mining firms operating in the country include Newmont Mining Corporation, Gold Fields, Anglogold Ashanti and Asanko Gold.

  • Reuters24 days ago

    Peru cenbank urges government to help revive mining projects

    The manager of Peru's central bank urged the government of President Martin Vizcarra on Thursday to do more to revive mining projects that have been derailed by protests. Renzo Rossini, of the central bank, said three suspended mining projects - Southern Copper Corp's Tia Maria, Newmont Mining Corp's Conga and Zijin Mining Group's Rio Blanco - would have delivered $7 billion in investments and about $500 million in annual tax revenue had they been built.

  • Here Are the Gold Miners in Sound Financial Health
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    Here Are the Gold Miners in Sound Financial Health

    Which Gold Miners Could Show Upside Potential after Q1 2018? As precious metal 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 first quarter was ~$1 billion compared to $1.9 billion at the end of 2016.

  • A Comparative Analysis of Gold Miners’ Financial Leverages
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    A Comparative Analysis of Gold Miners’ Financial Leverages

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  • Is Goldcorp Inc. (GG) a Buy?
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  • Gold Miners That Make the Most Money on the Price of Gold
    Market Realist24 days ago

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  • Reuters25 days ago

    Peru's Buenaventura seeks deal with Southern on copper project

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  • Reuters25 days ago

    Ghana gold miners say welcome new government export tests

    Gold mining giants in Ghana such as Newmont (NEM.N), Gold Fields (GFIJ.J) and AngloGold Ashanti (ANGJ.J) welcome new government tests to certify the value of their exports, the main industry association said on Wednesday. The tests that come in addition to customs checks and internal company tests are part of an attempt by President Nana Akufo-Addo's government to tighten control of the sector and tax it appropriately. Ghana is Africa's second biggest gold producer after South Africa and the metal is the country's top export and its leading earner of foreign exchange.

  • Reuters25 days ago

    Ghana gold miners say welcome new government export tests

    Gold mining giants in Ghana such as Newmont, Gold Fields and AngloGold Ashanti welcome new government tests to certify the value of their exports, the main industry association said on Wednesday. The tests that come in addition to customs checks and internal company tests are part of an attempt by President Nana Akufo-Addo's government to tighten control of the sector and tax it appropriately. Ghana is Africa's second biggest gold producer after South Africa and the metal is the country's top export and its leading earner of foreign exchange.

  • Which Gold Miners Could See Production Growth in the Long Term?
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  • Production Declined for All Gold Miners: Is It a Long-Term Trend?
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    Which Gold Miners Could Show Upside Potential after Q1 2018? Barrick Gold (ABX) produced ~1.1 million ounces of gold in the first quarter, which reflects a decline of ~20% YoY. Barrick Gold has maintained its production guidance of 4.5 million–5 million ounces of gold in 2018, which implies a decline of ~11% compared to actual production in 2017 as measured at the midpoint.

  • Which Gold Miners Beat and Which Ones Missed in Q1 2018?
    Market Realist25 days ago

    Which Gold Miners Beat and Which Ones Missed in Q1 2018?

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