NYSE:NEM - Newmont Mining Stock Price, News, & Analysis

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$33.34 -0.19 (-0.57 %)
(As of 12/12/2018 04:13 AM ET)
Previous Close$33.53
Today's Range$33.20 - $33.94
52-Week Range$29.06 - $42.04
Volume5.32 million shs
Average Volume5.29 million shs
Market Capitalization$17.79 billion
P/E Ratio22.84
Dividend Yield1.68%
Beta0.27
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.36
Current Ratio4.70
Quick Ratio4.02

Price-To-Earnings

Trailing P/E Ratio22.84
Forward P/E Ratio27.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$7.35 billion
Price / Sales2.42
Cash Flow$3.7973 per share
Price / Cash Flow8.78
Book Value$21.81 per share
Price / Book1.53

Profitability

EPS (Most Recent Fiscal Year)$1.46
Net Income$-98,000,000.00
Net Margins-2.63%
Return on Equity6.19%
Return on Assets3.50%

Miscellaneous

Employees12,547
Outstanding Shares532,660,000
Market Cap$17.79 billion
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. Stockholders of record on Thursday, December 6th will be given a dividend of $0.14 per share on Thursday, December 27th. This represents a $0.56 annualized dividend and a dividend yield of 1.68%. 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 results on Thursday, October, 25th. The basic materials company reported $0.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.11. The basic materials company earned $1.73 billion during 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?

Newmont Mining is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Newmont Mining.

What price target have analysts set for NEM?

15 analysts have issued 12-month price objectives for Newmont Mining's stock. Their forecasts range from $33.00 to $49.00. On average, they expect Newmont Mining's share price to reach $41.2857 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for Newmont Mining.

What is the consensus analysts' recommendation for Newmont Mining?

15 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Newmont Mining.

Has Newmont Mining been receiving favorable news coverage?

Headlines about NEM stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Newmont Mining earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Newmont Mining?

Newmont Mining saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 12,433,428 shares, an increase of 32.0% from the October 15th total of 9,421,121 shares. Based on an average daily volume of 7,415,288 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.3% of the company's stock are sold short. View Newmont Mining's Current Options Chain.

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)

Who are Newmont Mining's major shareholders?

Newmont Mining's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.61%), Vanguard Group Inc. (10.76%), Flossbach Von Storch AG (2.54%), First Eagle Investment Management LLC (2.20%), FMR LLC (1.83%) and Bank of New York Mellon Corp (1.46%). 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 Deutsche Bank AG, AQR Capital Management LLC, Alliancebernstein L.P., Capital World Investors, Mitsubishi UFJ Trust & Banking Corp, Bank of New York Mellon Corp, Swiss National Bank and Canada Pension Plan Investment Board. 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 bought by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, FMR LLC, First Eagle Investment Management LLC, Unigestion Holding SA, BlackRock Inc., Dimensional Fund Advisors LP, Global Thematic Partners LLC and Ruffer LLP. 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 $33.34.

How big of a company is Newmont Mining?

Newmont Mining has a market capitalization of $17.79 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?

The official website for Newmont Mining is http://www.newmont.com.

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:  2.1 out of 5 (star star)
Outperform Votes:  549 (Vote Outperform)
Underperform Votes:  790 (Vote Underperform)
Total Votes:  1,339
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 12/12/2018 by MarketBeat.com Staff

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