About Newmont Mining Corporation
Newmont Mining Corporation is a global 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, Indonesia, Ghana and Suriname. Its segments are North America, South America, Asia Pacific and Africa. It has gold reserves of over 73.7 million ounces and an aggregate land position of over 20,000 square miles. It is also engaged in the production of copper, through Batu Hijau in Indonesia, Boddington in Australia and Phoenix in the United States. The North America segment consists of Carlin, Phoenix and Twin Creeks in the state of Nevada, and Cripple Creek &Victor in the state of Colorado, in the United States. The South America segment consists of Yanacocha in Peru. The Asia Pacific segment consists of Boddington, Tanami and Kalgoorlie in Australia and Batu Hijau in Indonesia. The Africa segment consists primarily of Ahafo and Akyem in Ghana.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Gold
- Sub-Industry: Gold
- Exchange: NYSE
- Symbol: NEM
- CUSIP: 65163910
- Previous Close: $37.01
- 50 Day Moving Average: $35.36
- 200 Day Moving Average: $37.06
- 52-Week Range: $530,750,000.00 - $23.12
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 28.25
- P/E Growth: 1.19
- Market Cap: $19.64B
- Outstanding Shares: 530,750,000
- Beta: 0.16
- Net Margins: -6.99%
- Return on Equity: 4.94%
- Return on Assets: 2.86%
Companies Related to Newmont Mining Corporation:
- Debt-to-Equity Ratio: 0.32%
- Current Ratio: 2.80%
- Quick Ratio: 2.56%
What is Newmont Mining Corporation's stock symbol?
Newmont Mining Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM."
How often does Newmont Mining Corporation pay dividends? What is the dividend yield for Newmont Mining Corporation?
Newmont Mining Corporation declared a quarterly dividend on Thursday, February 16th. Stockholders of record on Thursday, March 9th will be paid a dividend of $0.05 per share on Thursday, March 23rd. This represents a $0.20 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Tuesday, March 7th.
Where is Newmont Mining Corporation's stock going? Where will Newmont Mining Corporation's stock price be in 2017?
19 equities research analysts have issued 12 month target prices for Newmont Mining Corporation's shares. Their predictions range from $16.05 to $51.00. On average, they anticipate Newmont Mining Corporation's share price to reach $40.36 in the next year.
When will Newmont Mining Corporation announce their earnings?
Newmont Mining Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.
What are analysts saying about Newmont Mining Corporation stock?
Here are some recent quotes from research analysts about Newmont Mining Corporation stock:
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)
Argus analysts commented, "less well positioned" (7/27/2016)
Who owns Newmont Mining Corporation stock?
Newmont Mining Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (6.50%), Janus Capital Management LLC (1.67%), Dimensional Fund Advisors LP (1.19%), AQR Capital Management LLC (0.87%), Prudential PLC (0.75%) and FMR LLC (0.71%). Company insiders that own Newmont Mining Corporation stock include Christopher S Howson, E Randall Engel, Scott P Lawson, Stephen P Gottesfeld, Thomas P Mahoney and William N Macgowan.
Who sold Newmont Mining Corporation stock? Who is selling Newmont Mining Corporation stock?
Newmont Mining Corporation's stock was sold by a variety of institutional investors in the last quarter, including Aviva PLC, Credit Agricole S A, FMR LLC, Commerzbank Aktiengesellschaft FI, FIL Ltd, Dimensional Fund Advisors LP, MUFG Americas Holdings Corp and Public Sector Pension Investment Board. Company insiders that have sold Newmont Mining Corporation stock in the last year include E Randall Engel, Scott P Lawson, Stephen P Gottesfeld and William N Macgowan.
Who bought Newmont Mining Corporation stock? Who is buying Newmont Mining Corporation stock?
Newmont Mining Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Janus Capital Management LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Asset Management One Co. Ltd., Investec Asset Management LTD, Impala Asset Management LLC and Elkfork Partners LLC.
How do I buy Newmont Mining Corporation stock?
Shares of Newmont Mining Corporation 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 Corporation stock cost?
One share of Newmont Mining Corporation stock can currently be purchased for approximately $37.01.