NYSE:NEM - Newmont Mining Stock Price, News, Headlines & Rumors

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$32.01 +0.21 (+0.66 %)
(As of 08/16/2018 12:07 PM ET)
Previous Close$31.90
Today's Range$31.88 - $32.35
52-Week Range$31.58 - $42.04
Volume724,910 shs
Average Volume4.87 million shs
Market Capitalization$18.99 billion
P/E Ratio22.13
Dividend Yield1.62%
Beta0.21
Newmont Mining logoNewmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold, copper, and silver. Its operations and/or assets are located in the United States, Australia, Peru, Ghana, and Suriname. As of February 22, 2018, the company had proven and probable gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles. Newmont Mining Corporation was founded in 1916 and is headquartered in Greenwood Village, Colorado.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
SymbolNYSE:NEM
CUSIP65163910
Phone303-863-7414

Debt

Debt-to-Equity Ratio0.35
Current Ratio4.60
Quick Ratio3.95

Price-To-Earnings

Trailing P/E Ratio22.13
Forward P/E Ratio24.81
P/E GrowthN/A

Sales & Book Value

Annual Sales$7.35 billion
Price / Sales2.32
Cash Flow$3.4199 per share
Price / Cash9.36
Book Value$21.81 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$1.46
Net Income$-98,000,000.00
Net Margins2.23%
Return on Equity6.17%
Return on Assets3.53%

Miscellaneous

Employees12,547
Outstanding Shares533,400,000
Market Cap$18.99 billion

Newmont Mining (NYSE:NEM) Frequently Asked Questions

What is Newmont Mining's stock symbol?

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

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

Newmont Mining declared a quarterly dividend on Tuesday, July 24th. Investors of record on Thursday, September 13th will be given a dividend of $0.14 per share on Thursday, September 27th. This represents a $0.56 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, September 12th. View Newmont Mining's Dividend History.

How were Newmont Mining's earnings last quarter?

Newmont Mining Corp (NYSE:NEM) posted its quarterly earnings results on Thursday, July, 26th. The basic materials company reported $0.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.02. The basic materials company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.76 billion. Newmont Mining had a return on equity of 6.17% and a net margin of 2.23%. Newmont Mining's revenue was down 11.4% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. View Newmont Mining's Earnings History.

When is Newmont Mining's next earnings date?

Newmont Mining is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Newmont Mining.

What price target have analysts set for NEM?

11 Wall Street analysts have issued 1-year price targets for Newmont Mining's stock. Their forecasts range from $40.00 to $49.00. On average, they anticipate Newmont Mining's stock price to reach $43.40 in the next year. This suggests a possible upside of 35.6% from the stock's current price. View Analyst Price Targets for Newmont Mining.

What is the consensus analysts' recommendation for Newmont Mining?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Mining in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Newmont Mining.

Who are some of Newmont Mining's key competitors?

Who are Newmont Mining's key executives?

Newmont Mining's management team includes the folowing people:
  • Mr. Gary J. Goldberg, Pres, CEO & Director (Age 59)
  • Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 48)
  • Mr. Thomas Ronald Palmer, Exec. VP & COO (Age 50)
  • Mr. Stephen P. Gottesfeld, Exec. VP & Gen. Counsel (Age 50)
  • Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 51)

Has Newmont Mining been receiving favorable news coverage?

News articles about NEM stock have trended somewhat positive recently, Accern reports. The research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Newmont Mining earned a coverage optimism score of 0.12 on Accern's scale. They also gave media headlines about the basic materials company an impact score of 45.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Newmont Mining.

Who are Newmont Mining's major shareholders?

Newmont Mining's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.35%), Van ECK Associates Corp (5.18%), Flossbach Von Storch AG (1.91%), Bank of New York Mellon Corp (1.57%), FMR LLC (1.39%) and Dimensional Fund Advisors LP (0.95%). Company insiders that own Newmont Mining stock include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Nancy Buese, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Institutional Ownership Trends for Newmont Mining.

Which major investors are selling Newmont Mining stock?

NEM stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, BlackRock Inc., Global Thematic Partners LLC, Renaissance Technologies LLC, Canada Pension Plan Investment Board, Millennium Management LLC, Tocqueville Asset Management L.P. and Swiss National Bank. Company insiders that have sold Newmont Mining company stock in the last year include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Nancy Buese, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Insider Buying and Selling for Newmont Mining.

Which major investors are buying Newmont Mining stock?

NEM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Martingale Asset Management L P, Natixis, Dimensional Fund Advisors LP, Capital Fund Management S.A., Mackay Shields LLC, KBC Group NV and Madison Investment Holdings Inc.. View Insider Buying and Selling for Newmont Mining.

How do I buy shares of Newmont Mining?

Shares of NEM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Newmont Mining's stock price today?

One share of NEM stock can currently be purchased for approximately $32.01.

How big of a company is Newmont Mining?

Newmont Mining has a market capitalization of $18.99 billion and generates $7.35 billion in revenue each year. The basic materials company earns $-98,000,000.00 in net income (profit) each year or $1.46 on an earnings per share basis. Newmont Mining employs 12,547 workers across the globe.

How can I contact Newmont Mining?

Newmont Mining's mailing address is 6363 SOUTH FIDDLER`S GREEN CIRCLE, GREENWOOD VILLAGE CO, 80111. The basic materials company can be reached via phone at 303-863-7414 or via email at [email protected]


MarketBeat Community Rating for Newmont Mining (NYSE NEM)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  513 (Vote Outperform)
Underperform Votes:  762 (Vote Underperform)
Total Votes:  1,275
MarketBeat's community ratings are surveys of what our community members think about Newmont Mining and other stocks. Vote "Outperform" if you believe NEM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/16/2018 by MarketBeat.com Staff

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