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
SymbolNYSE:NEM
CUSIP65163910
Phone303-863-7414
Debt
Debt-to-Equity Ratio0.35
Current Ratio4.18
Quick Ratio3.62
Price-To-Earnings
Trailing P/E Ratio26.33
Forward P/E Ratio26.76
P/E GrowthN/A
Sales & Book Value
Annual Sales$7.35 billion
Price / Sales2.80
Cash Flow$3.8196 per share
Price / Cash10.09
Book Value$21.81 per share
Price / Book1.77
Profitability
EPS (Most Recent Fiscal Year)$1.46
Net Income$-98,000,000.00
Net Margins0.64%
Return on Equity7.01%
Return on Assets4.01%
Miscellaneous
Employees12,547
Outstanding Shares533,490,000
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 announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Thursday, June 7th will be paid a dividend of $0.14 per share on Thursday, June 21st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Wednesday, June 6th. View Newmont Mining's Dividend History.
How were Newmont Mining's earnings last quarter?
Newmont Mining Corp (NYSE:NEM) released its quarterly earnings data on Thursday, April, 26th. The basic materials company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. The basic materials company earned $1.82 billion during the quarter, compared to analysts' expectations of $1.84 billion. Newmont Mining had a return on equity of 7.01% and a net margin of 0.64%. Newmont Mining's revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 EPS. View Newmont Mining's Earnings History.
When is Newmont Mining's next earnings date?
What price target have analysts set for NEM?
13 analysts have issued 1-year price objectives for Newmont Mining's shares. Their predictions range from $35.00 to $49.00. On average, they anticipate Newmont Mining's stock price to reach $43.0833 in the next twelve months. View Analyst Ratings for Newmont Mining.
Who are some of Newmont Mining's key competitors?
Some companies that are related to Newmont Mining include Barrick Gold (ABX), Franco Nevada (FNV), Goldcorp (GG), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Randgold Resources (GOLD), Kinross Gold (KGC), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Yamana Gold (AUY), IAMGOLD (IAG), Pan American Silver (PAAS), Alamos Gold (AGI) and Tahoe Resources (TAHO).
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?
Media stories about NEM stock have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Newmont Mining earned a daily sentiment score of 0.09 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 46.07 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Newmont Mining's major shareholders?
Newmont Mining's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.76%), Van ECK Associates Corp (5.64%), Carmignac Gestion (2.41%), Flossbach Von Storch AG (1.86%), First Eagle Investment Management LLC (1.80%) and Northern Trust Corp (1.50%). 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 BlackRock Inc., Carmignac Gestion, Millennium Management LLC, Global Thematic Partners LLC, Russell Investments Group Ltd., Neuberger Berman Group LLC, Inverness Counsel LLC NY and Systematic Financial Management LP. 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 acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, First Eagle Investment Management LLC, Flossbach Von Storch AG, Key Square Capital Management LLC, Toronto Dominion Bank, MUFG Securities EMEA plc, Thrivent Financial for Lutherans and Carillon Tower Advisers 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 $38.41.
How big of a company is Newmont Mining?
Newmont Mining has a market capitalization of $20.49 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 (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.
