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 December 31, 2018, the company had proven and probable gold reserves of 65.4 million ounces and an aggregate land position of approximately 24,000 square miles.
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Industry, Sector and Symbol
Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
Phone303-863-7414
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$7.25 billion
Profitability
Miscellaneous
Employees12,400
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
Newmont Goldcorp (NYSE:NEM) Frequently Asked Questions
What is Newmont Goldcorp's stock symbol?
Newmont Goldcorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM."
How often does Newmont Goldcorp pay dividends? What is the dividend yield for Newmont Goldcorp?
Newmont Goldcorp announced a quarterly dividend on Wednesday, July 24th. Investors of record on Thursday, September 12th will be paid a dividend of $0.14 per share on Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Wednesday, September 11th. View Newmont Goldcorp's Dividend History.
How were Newmont Goldcorp's earnings last quarter?
Newmont Goldcorp Corp (NYSE:NEM) issued its earnings results on Thursday, July, 25th. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.11. The basic materials company earned $2.26 billion during the quarter, compared to the consensus estimate of $2.29 billion. Newmont Goldcorp had a negative net margin of 1.03% and a positive return on equity of 4.79%. The company's quarterly revenue was up 35.8% on a year-over-year basis. During the same period last year, the firm posted $0.26 EPS. View Newmont Goldcorp's Earnings History.
When is Newmont Goldcorp's next earnings date?
What price target have analysts set for NEM?
14 Wall Street analysts have issued 12-month price objectives for Newmont Goldcorp's shares. Their forecasts range from $33.00 to $50.00. On average, they expect Newmont Goldcorp's stock price to reach $42.3143 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Newmont Goldcorp.
What is the consensus analysts' recommendation for Newmont Goldcorp?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 1 sell rating, 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmont Goldcorp.
Has Newmont Goldcorp been receiving favorable news coverage?
News coverage about NEM stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Newmont Goldcorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Newmont Goldcorp.
Are investors shorting Newmont Goldcorp?
Newmont Goldcorp saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 11,657,100 shares, a decrease of 14.4% from the June 30th total of 13,617,500 shares. Based on an average daily volume of 8,940,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 2.2% of the shares of the company are short sold. View Newmont Goldcorp's Current Options Chain.
Who are some of Newmont Goldcorp's key competitors?
Some companies that are related to Newmont Goldcorp include Barrick Gold (ABX), Barrick Gold (GOLD), Franco Nevada (FNV), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Goldcorp (GG), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Sibanye Gold (SBGL), Alamos Gold (AGI) and First Majestic Silver (AG).
What other stocks do shareholders of Newmont Goldcorp own?
Who are Newmont Goldcorp's key executives?
Newmont Goldcorp's management team includes the folowing people:
- Mr. Gary J. Goldberg, CEO & Director (Age 60)
- Mr. Thomas Ronald Palmer, Pres & COO (Age 51)
- Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 49)
- Mr. Stephen P. Gottesfeld, Exec. VP & Gen. Counsel (Age 51)
- Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 52)
Who are Newmont Goldcorp's major shareholders?
Newmont Goldcorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.37%), Vanguard Group Inc. (10.94%), Van ECK Associates Corp (4.52%), Bank of New York Mellon Corp (1.65%), Price T Rowe Associates Inc. MD (1.45%) and Northern Trust Corp (1.43%). Company insiders that own Newmont Goldcorp stock include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, John Kitlen, Nancy Buese, Nancy Lipson, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Institutional Ownership Trends for Newmont Goldcorp.
Which major investors are selling Newmont Goldcorp stock?
NEM stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Strs Ohio, Global Thematic Partners LLC, Tocqueville Asset Management L.P., KBC Group NV, Stevens Capital Management LP, Cohen & Steers Inc. and Jennison Associates LLC. Company insiders that have sold Newmont Goldcorp company stock in the last year include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, John Kitlen, Nancy Buese, Nancy Lipson, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Insider Buying and Selling for Newmont Goldcorp.
Which major investors are buying Newmont Goldcorp stock?
NEM stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Van ECK Associates Corp, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Northern Trust Corp, California Public Employees Retirement System and Ruffer LLP. View Insider Buying and Selling for Newmont Goldcorp.
How do I buy shares of Newmont Goldcorp?
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 Goldcorp's stock price today?
One share of NEM stock can currently be purchased for approximately $38.49.
How big of a company is Newmont Goldcorp?
Newmont Goldcorp has a market capitalization of $31.56 billion and generates $7.25 billion in revenue each year. The basic materials company earns $341 million in net income (profit) each year or $1.35 on an earnings per share basis. Newmont Goldcorp employs 12,400 workers across the globe.View Additional Information About Newmont Goldcorp.
What is Newmont Goldcorp's official website?
How can I contact Newmont Goldcorp?
Newmont Goldcorp'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 Goldcorp (NYSE NEM)
MarketBeat's community ratings are surveys of what our community members think about Newmont Goldcorp 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.
