Newmont 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.
Industry, Sector and Symbol
Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
Phone303-863-7414
Debt
Current Ratio4.70
Quick Ratio4.02
Price-To-Earnings
Sales & Book Value
Annual Sales$7.35 billion
Price / Sales2.28
Price / Cash Flow8.35
Price / Book1.44
Profitability
Net Income$-98,000,000.00
Net Margins-2.63%
Return on Assets3.50%
Miscellaneous
Employees12,547
OptionableOptionable
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 Wednesday, October 24th. Shareholders of record on Thursday, December 6th will be paid a dividend of $0.14 per share on Thursday, December 27th. This represents a $0.56 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, December 5th. View Newmont Mining's Dividend History.
How were Newmont Mining's earnings last quarter?
Newmont Mining Corp (NYSE:NEM) posted its quarterly earnings data on Thursday, October, 25th. The basic materials company reported $0.33 EPS for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.11. The basic materials company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.80 billion. Newmont Mining had a positive return on equity of 6.19% and a negative net margin of 2.63%. View Newmont Mining's Earnings History.
When is Newmont Mining's next earnings date?
How can I listen to Newmont Mining's earnings call?
Newmont Mining will be holding an earnings conference call on Thursday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8552098210.
What price target have analysts set for NEM?
16 brokerages have issued 1 year price objectives for Newmont Mining's shares. Their forecasts range from $33.00 to $49.00. On average, they anticipate Newmont Mining's share price to reach $41.5333 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View Analyst Price Targets for Newmont Mining.
What is the consensus analysts' recommendation for Newmont Mining?
16 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmont Mining.
Has Newmont Mining been receiving favorable news coverage?
News articles about NEM stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Newmont Mining earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.
Who are some of Newmont Mining's key competitors?
Some companies that are related to Newmont Mining include Barrick Gold (ABX), Franco Nevada (FNV), Agnico Eagle Mines (AEM), Goldcorp (GG), Wheaton Precious Metals (WPM), Randgold Resources (GOLD), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Yamana Gold (AUY), Pan American Silver (PAAS), Iamgold (IAG), Alamos Gold (AGI) and Osisko gold royalties (OR).
Who are Newmont Mining's key executives?
Newmont Mining's management team includes the folowing people:
- Mr. Gary J. Goldberg, CEO & Director (Age 59)
- Mr. Thomas Ronald Palmer, Pres & COO (Age 50)
- Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 48)
- Mr. Stephen P. Gottesfeld, Exec. VP & Gen. Counsel (Age 50)
- Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 51)
Who are Newmont Mining's major shareholders?
Newmont Mining's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LGT Capital Partners LTD. (0.12%), Scout Investments Inc. (0.10%), Personal Capital Advisors Corp (0.09%), DNB Asset Management AS (0.03%), Gulf International Bank UK Ltd (0.02%) and State of Alaska Department of Revenue (0.02%). 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 institutional investors are selling Newmont Mining stock?
NEM stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Gulf International Bank UK Ltd, State of Alaska Department of Revenue, First Hawaiian Bank, Louisiana State Employees Retirement System and Banced Corp. 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 institutional investors are buying Newmont Mining stock?
NEM stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Personal Capital Advisors Corp, DNB Asset Management AS, Hollencrest Capital Management, McQueen Ball & Associates Inc., Gateway Investment Advisers LLC, Legacy Capital Partners Inc. and Ipswich Investment Management Co. 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 $31.46.
How big of a company is Newmont Mining?
Newmont Mining has a market capitalization of $16.93 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.
What is Newmont Mining's official website?
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)
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.
