Newmont Mining Corp Company Profile (NYSE:NEM)

About Newmont Mining Corp (NYSE:NEM)

Newmont Mining Corp logoNewmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company's segments include North America, South America, Asia Pacific and Africa. The Company's North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada, and Cripple Creek &Victor (CC&V) in the state of Colorado, in the United States. The Company's South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Company's Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Company's Africa segment consists primarily of Ahafo and Akyem in Ghana. As of December 31, 2016, it had gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles (59,000 square kilometers).

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold
  • Sub-Industry: Gold
  • Symbol: NYSE:NEM
  • CUSIP: 65163910
  • Web:
  • Market Cap: $17.95 billion
  • Outstanding Shares: 533,233,000
Average Prices:
  • 50 Day Moving Avg: $33.64
  • 200 Day Moving Avg: $34.08
  • 52 Week Range: $30.19 - $46.07
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 28.53
  • P/E Growth: 27.24
Sales & Book Value:
  • Annual Revenue: $6.91 billion
  • Price / Sales: 2.60
  • Book Value: $20.17 per share
  • Price / Book: 1.67
  • Annual Dividend: $0.20
  • Dividend Yield: 0.6%
  • EBIDTA: $2.68 billion
  • Net Margins: -6.99%
  • Return on Equity: 4.94%
  • Return on Assets: 2.86%
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 2.80%
  • Quick Ratio: 2.56%
  • Average Volume: 6.23 million shs.
  • Beta: 0.16
  • Short Ratio: 1.34

Frequently Asked Questions for Newmont Mining Corp (NYSE:NEM)

What is Newmont Mining Corp's stock symbol?

Newmont Mining Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM."

How often does Newmont Mining Corp pay dividends? What is the dividend yield for Newmont Mining Corp?

Newmont Mining Corp declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Thursday, June 8th will be given a dividend of $0.05 per share on Thursday, June 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Tuesday, June 6th. View Newmont Mining Corp's Dividend History.

How were Newmont Mining Corp's earnings last quarter?

Newmont Mining Corp (NYSE:NEM) released its earnings results on Monday, April, 24th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.73 billion. Newmont Mining Corp had a negative net margin of 6.99% and a positive return on equity of 4.94%. The firm's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 EPS. View Newmont Mining Corp's Earnings History.

When will Newmont Mining Corp make its next earnings announcement?

Newmont Mining Corp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Newmont Mining Corp.

Where is Newmont Mining Corp's stock going? Where will Newmont Mining Corp's stock price be in 2017?

19 equities research analysts have issued 12 month price targets for Newmont Mining Corp's stock. Their predictions range from $16.05 to $58.00. On average, they anticipate Newmont Mining Corp's stock price to reach $42.50 in the next twelve months. View Analyst Ratings for Newmont Mining Corp.

What are analysts saying about Newmont Mining Corp stock?

Here are some recent quotes from research analysts about Newmont Mining Corp stock:

  • 1. TD Securities analysts commented, "We project that Newmont will generate ~$1 billion in FCF in 2017." (4/25/2017)
  • 2. According to Zacks Investment Research, "Newmont’s shares have outperformed the Mining-Gold industry in the past one year. Newmont continues to invest in growth projects that are expected to boost its production performance. The company is also making significant progress with its cost and efficiency improvement programs, which is allowing it to generate positive free cash flow. Newmont also remains committed to de-lever its balance sheet. Moreover, the acquisition of CC&V represents a significant opportunity for the company. However, Newmont is exposed to a volatile gold price environment and challenges in the copper market. Oversupply in the market also poses a threat on copper prices. Moreover, the sale of stake in Indonesian assets could affect the company's production and bottom line in 2016. Hefty charges associated with the closure of its gold mine in Peru is also expected to weigh on its earnings in fourth-quarter 2016." (2/1/2017)
  • 3. Argus analysts commented, "less well positioned" (7/27/2016)

Who are some of Newmont Mining Corp's key competitors?

Who owns Newmont Mining Corp stock?

Newmont Mining Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.93%), Van ECK Associates Corp (6.78%), Bank of New York Mellon Corp (1.71%), APG Asset Management N.V. (1.58%), Janus Capital Management LLC (1.51%) and Flossbach Von Storch AG (1.14%). Company insiders that own Newmont Mining Corp stock include E Randall Engel, Gary J Goldberg, Scott P Lawson, Stephen P Gottesfeld and William N Macgowan. View Institutional Ownership Trends for Newmont Mining Corp.

Who sold Newmont Mining Corp stock? Who is selling Newmont Mining Corp stock?

Newmont Mining Corp's stock was sold by a variety of institutional investors in the last quarter, including AGF Investments Inc., Zurcher Kantonalbank Zurich Cantonalbank, AQR Capital Management LLC, Prudential Financial Inc., Renaissance Technologies LLC, Cibc World Markets Corp, Ameriprise Financial Inc. and Old Mutual Global Investors UK Ltd.. Company insiders that have sold Newmont Mining Corp stock in the last year include E Randall Engel, Gary J Goldberg, Scott P Lawson, Stephen P Gottesfeld and William N Macgowan. View Insider Buying and Selling for Newmont Mining Corp.

Who bought Newmont Mining Corp stock? Who is buying Newmont Mining Corp stock?

Newmont Mining Corp's stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Flossbach Von Storch AG, Vanguard Group Inc., Van ECK Associates Corp, Ruffer LLP, Hexavest Inc., Canada Pension Plan Investment Board and APG Asset Management N.V.. View Insider Buying and Selling for Newmont Mining Corp.

How do I buy Newmont Mining Corp stock?

Shares of Newmont Mining Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Newmont Mining Corp stock cost?

One share of Newmont Mining Corp stock can currently be purchased for approximately $33.66.

Analyst Ratings

Consensus Ratings for Newmont Mining Corp (NYSE:NEM) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.47)
Consensus Price Target: $42.50 (26.27% upside)

Analysts' Ratings History for Newmont Mining Corp (NYSE:NEM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Jefferies Group LLCSet Price TargetHold$37.00LowView Rating Details
5/11/2017BMO Capital MarketsBoost Price TargetBuy$54.00LowView Rating Details
4/27/2017Credit Suisse Group AGReiterated RatingBuyLowView Rating Details
4/25/2017ScotiabankReiterated RatingSector Perform$58.00LowView Rating Details
4/25/2017TD SecuritiesReiterated RatingHold$48.50LowView Rating Details
3/21/2017Clarkson CapitalDowngradeNeutral -> SellMediumView Rating Details
3/16/2017Royal Bank of CanadaDowngradeOutperform -> Sector Perform$43.00 -> $38.00HighView Rating Details
3/6/2017Barclays PLCLower Price TargetOverweight$41.00 -> $40.00N/AView Rating Details
2/23/2017FBR & CoReiterated RatingHoldN/AView Rating Details
12/29/2016Standpoint ResearchUpgradeHold -> Buy$42.00N/AView Rating Details
12/5/2016Citigroup IncDowngradeBuy -> Neutral$16.05N/AView Rating Details
11/28/2016Bank of America CorpUpgradeNeutral -> BuyN/AView Rating Details
11/3/2016JPMorgan Chase & Co.UpgradeNeutral -> Overweight$43.00N/AView Rating Details
10/31/2016MackieUpgradeHold -> BuyN/AView Rating Details
8/16/2016Morgan StanleyReiterated RatingHold$41.00N/AView Rating Details
7/27/2016ArgusReiterated RatingHoldN/AView Rating Details
7/20/2016Deutsche Bank AGReiterated RatingBuy$49.00N/AView Rating Details
7/7/2016HSBC Holdings plcReiterated RatingBuyN/AView Rating Details
6/27/2016Goldman Sachs Group IncReiterated RatingBuyN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/8/2016CIBCBoost Price Target$28.50 -> $34.00N/AView Rating Details
8/31/2015Howard WeilUpgradeSector Perform -> OutperformN/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for Newmont Mining Corp (NYSE:NEM)
Earnings by Quarter for Newmont Mining Corp (NYSE:NEM)
Earnings History by Quarter for Newmont Mining Corp (NYSE:NEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017Q1 2017$0.22$0.25$1.73 billion$1.66 billionViewN/AView Earnings Details
2/21/2017Q416$0.31$0.25$1.84 billion$1.79 billionViewN/AView Earnings Details
10/26/2016Q316$0.50$0.38$2.02 billion$2.04 billionViewN/AView Earnings Details
7/20/2016Q216$0.30$0.44$1.94 billion$2.00 billionViewN/AView Earnings Details
4/20/2016Q116$0.20$0.34$1.86 billion$2.03 billionViewN/AView Earnings Details
2/17/2016Q415$0.12$0.04$1.85 billion$1.82 billionViewListenView Earnings Details
10/28/2015Q315$0.17$0.23$1.93 million$2.03 billionViewListenView Earnings Details
7/22/2015Q215$0.25$0.26$2.00 billion$1.91 billionViewListenView Earnings Details
4/23/2015Q115$0.23$0.46$1.95 billion$1.97 billionViewN/AView Earnings Details
2/19/2015Q414$0.11$0.17$1.79 billion$2.02 billionViewN/AView Earnings Details
10/30/2014Q314$0.18$0.50$1.70 billion$1.70 billionViewN/AView Earnings Details
7/29/2014Q214$0.19$0.20$1.84 billion$1.77 billionViewN/AView Earnings Details
4/24/2014Q114$0.19$0.22$1.85 billion$1.76 billionViewN/AView Earnings Details
2/20/2014Q413$0.44$0.81$2.19 billionViewN/AView Earnings Details
10/31/2013Q313$0.32$0.46$2.00 billion$1.98 billionViewN/AView Earnings Details
4/29/2013Q1 2013$0.79$0.71$2.48 billion$2.18 billionViewN/AView Earnings Details
2/21/2013Q4 2012$0.97$1.11$2.67 billionViewN/AView Earnings Details
11/1/2012Q312$0.93$0.86$2.62 billion$2.48 billionViewN/AView Earnings Details
7/26/2012$0.97$0.59ViewN/AView Earnings Details
2/23/2012$1.27$1.17ViewN/AView Earnings Details
10/27/2011$1.23$1.29ViewN/AView Earnings Details
7/29/2011$0.99$0.90ViewN/AView Earnings Details
4/21/2011$0.99$1.04ViewN/AView Earnings Details
2/24/2011$1.14$1.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Newmont Mining Corp (NYSE:NEM)
2017 EPS Consensus Estimate: $1.01
2018 EPS Consensus Estimate: $0.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.30$0.26
Q2 20171$0.23$0.23$0.23
Q3 20171$0.24$0.24$0.24
Q4 20171$0.28$0.28$0.28
Q1 20181$0.20$0.20$0.20
Q2 20181$0.21$0.21$0.21
Q3 20181$0.21$0.21$0.21
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)


Current Dividend Information for Newmont Mining Corp (NYSE:NEM)
Next Dividend:6/22/2017
Annual Dividend:$0.20
Dividend Yield:0.59%
Dividend Growth:-53.30% (3 Year Average)
Payout Ratio:-19.42% (Trailing 12 Months of Earnings)
17.86% (Based on This Year's Estimates)
16.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Newmont Mining Corp (NYSE:NEM)

Dividend History by Quarter for Newmont Mining Corp (NYSE:NEM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Newmont Mining Corp (NYSE:NEM)
Insider Ownership Percentage: 0.22%
Institutional Ownership Percentage: 82.02%
Insider Trades by Quarter for Newmont Mining Corp (NYSE:NEM)
Institutional Ownership by Quarter for Newmont Mining Corp (NYSE:NEM)
Insider Trades by Quarter for Newmont Mining Corp (NYSE:NEM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Gary J GoldbergInsiderSell1,000$33.67$33,670.00View SEC Filing  
4/25/2017Scott P LawsonEVPSell1,500$33.70$50,550.00View SEC Filing  
4/3/2017Gary J GoldbergInsiderSell1,000$33.05$33,050.00View SEC Filing  
2/28/2017E Randall EngelEVPSell12,720$34.22$435,278.40View SEC Filing  
2/27/2017E Randall EngelEVPSell2,356$35.82$84,391.92View SEC Filing  
2/24/2017William N MacgowanEVPSell2,006$36.31$72,837.86View SEC Filing  
2/23/2017E Randall EngelEVPSell675$36.54$24,664.50View SEC Filing  
1/31/2017Scott P LawsonEVPSell1,500$35.83$53,745.00View SEC Filing  
11/1/2016William N MacgowanEVPSell2,006$37.53$75,285.18View SEC Filing  
10/25/2016Scott P LawsonEVPSell1,500$35.99$53,985.00View SEC Filing  
8/4/2016William N MacgowanEVPSell8,135$44.95$365,668.25View SEC Filing  
7/28/2016E Randall EngelEVPSell8,700$42.55$370,185.00View SEC Filing  
7/27/2016Stephen P GottesfeldEVPSell10,000$41.59$415,900.00View SEC Filing  
7/26/2016Scott P LawsonEVPSell4,700$40.35$189,645.00View SEC Filing  
3/2/2015Stephen P GottesfeldEVPSell1,857$25.75$47,817.75View SEC Filing  
3/2/2015Thomas P MahoneyVPSell442$25.73$11,372.66View SEC Filing  
2/27/2015Christopher S HowsonVPSell1,956$26.19$51,227.64View SEC Filing  
2/27/2015E Randall EngelEVPSell2,892$26.17$75,683.64View SEC Filing  
11/4/2014Gary J GoldbergCEOBuy5,000$18.80$94,000.00View SEC Filing  
3/26/2014Chris RobisonEVPBuy4,494$23.57$105,923.58View SEC Filing  
3/3/2014E Randall EngelEVPSell3,826$24.07$92,091.82View SEC Filing  
2/27/2014Gary GoldbergCEOSell6,842$23.67$161,950.14View SEC Filing  
2/27/2014Thomas MahoneyVPSell1,321$23.57$31,135.97View SEC Filing  
12/5/2013Gary GoldbergCEOSell3,906$23.31$91,048.86View SEC Filing  
5/2/2013Gary J GoldbergCEOBuy3,000$32.81$98,430.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Newmont Mining Corp (NYSE:NEM)
Latest Headlines for Newmont Mining Corp (NYSE:NEM)
DateHeadline logoNewmont Announces Second Quarter 2017 Earnings Call - May 22 at 6:03 PM logoNewmont Mining (NEM) Presents At BofAML 2017 Global Metals, Mining and Steel Conference - May 22 at 9:57 AM logoNewmont Mining Corp. breached its 50 day moving average in a Bullish Manner : NEM-US : May 22, 2017 - May 22 at 9:57 AM logoBuyers Flee VanEck Gold ETF as Barrick Slip Dims Mining View - May 17 at 6:44 PM logoZacks: Analysts Anticipate Newmont Mining Corp (NEM) Will Announce Quarterly Sales of $1.76 Billion - May 17 at 12:00 PM logoNewmont Mining to Purchase Nearly 20% of Continental Gold - May 16 at 6:31 PM logoWhich Gold Miners Are in Perfect Financial Health after 1Q17? - May 16 at 10:18 AM logoWhy Liquidity Isn’t a Current Concern for Gold Miners - May 16 at 10:18 AM logoCan Barrick Gold Maintain Its Cost Supremacy Going Forward? - May 15 at 10:13 AM logo$0.25 Earnings Per Share Expected for Newmont Mining Corp (NEM) This Quarter - May 15 at 9:22 AM logoNewmont Mining Corp. breached its 50 day moving average in a Bullish Manner : NEM-US : May 12, 2017 - May 12 at 7:27 PM logoNewmont Mining buys big into Columbian gold company - May 12 at 10:03 AM logoNewmont Mining Corp (NEM) Given Average Recommendation of "Buy" by Analysts - May 12 at 7:56 AM logoSenior Gold Miners’ Price Performances So Far in 2017 - May 12 at 7:42 AM logoNewmont Mining Corp (NEM) Earns "Buy" Rating from BMO Capital Markets - May 11 at 5:24 PM logoNewmont Invests in Continental’s High-Grade Gold Project and Exploration Prospects - May 11 at 9:28 AM logoWhat Macron's Electoral Victory Means For Gold And Silver Prices - May 11 at 9:28 AM logoQ4 2017 EPS Estimates for Newmont Mining Corp Decreased by Analyst (NEM) - May 9 at 9:54 AM logoThese Kinross Projects Could Provide an Upside to Production - May 5 at 9:19 AM logoNewmont Mining Corp (NEM) Insider Gary J. Goldberg Sells 1,000 Shares of Stock - May 4 at 12:26 AM logoNewmont Mining Corp (NEM) Receives Media Impact Rating of 0.22 - May 3 at 10:04 PM logoNewmont loses in Peru Supreme Court over mine dispute - Seeking Alpha - May 3 at 8:41 PM logoPeru Supreme Court rules against Newmont in dispute over gold mine - May 3 at 8:41 PM logoNewmont Mining Corp (NEM) Insider Gary J. Goldberg Sells 1,000 Shares - May 2 at 10:22 PM logoNewmont on the Street: Analyst Recommendations after the 1Q17 Results - May 1 at 12:21 PM logoNewmont Mining Corp (NEM) Rating Reiterated by Credit Suisse Group AG - April 30 at 8:34 PM logoNewmont Mining Corp (NEM) Earning Somewhat Favorable Press Coverage, Analysis Shows - April 30 at 5:21 PM logoNewmont Mining: What To Do Now - April 28 at 7:48 PM logoETFs with exposure to Newmont Mining Corp. : April 28, 2017 - April 28 at 7:48 PM logoNewmont Mining Corp (NEM) Receives "Buy" Rating from Credit Suisse Group AG - April 28 at 7:02 PM logoUnderstanding Newmont’s Scope for Cost Improvement - April 28 at 8:59 AM logoPositive News Coverage Somewhat Likely to Impact Newmont Mining Corp (NEM) Share Price - April 28 at 12:58 AM logoNewmont Mining Corp. :NEM-US: Earnings Analysis: Q1, 2017 By the Numbers : April 27, 2017 - April 27 at 7:18 PM logoJefferies Group Weighs in on Newmont Mining Corp's FY2017 Earnings (NEM) - April 27 at 1:00 PM logoNewmont Mining (NEM) Q1 2017 Results - Earnings Call Transcript - April 27 at 9:56 AM logoThese Factors are Impacting Analysts’ Estimates for First Majestic Silver - April 27 at 9:56 AM logoNewmont Mining Corp (NEM) EVP Scott P. Lawson Sells 1,500 Shares - April 26 at 9:12 PM logoEdited Transcript of NEM earnings conference call or presentation 25-Apr-17 2:00pm GMT - April 26 at 6:28 PM logoBrokers Issue Forecasts for Newmont Mining Corp's FY2018 Earnings (NEM) - April 26 at 4:46 PM logo$1.75 Billion in Sales Expected for Newmont Mining Corp (NEM) This Quarter - April 26 at 12:16 PM logoNewmont Mining Corp's (NEM) "Hold" Rating Reaffirmed at TD Securities - April 25 at 9:26 PM logoScotiabank Reiterates "Sector Perform" Rating for Newmont Mining Corp (NEM) - April 25 at 8:22 PM logoNewmont (NEM) Beats on Q1 Earnings, Sales Miss Estimates - April 25 at 6:03 PM logoNewmont Mining Reports 1st-Quarter Earnings - April 25 at 6:03 PM logoNewmont Mining Corp (NEM) Price Target Raised to $37.00 - April 25 at 1:10 PM logoNewmont Mining Corp (NEM) Announces Quarterly Earnings Results - April 25 at 10:53 AM logoNewmont Q1 earnings up; gold company expects big things from Ghana mine - April 25 at 10:25 AM logoNewmont Mining Corp (NEM) Receives Daily Media Sentiment Rating of 0.16 - April 24 at 9:30 PM logoNewmont Mining Corp. Q1 Profit Climbs 3% - April 24 at 5:50 PM logoNewmont Announces First Quarter 2017 Results - April 24 at 5:50 PM



Newmont Mining Corp (NEM) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff