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
Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
SymbolNYSE:NEM
CUSIP65163910
Phone303-863-7414
Debt
Debt-to-Equity Ratio0.35
Current Ratio4.60
Quick Ratio3.95
Price-To-Earnings
Trailing P/E Ratio22.05
Forward P/E Ratio27.99
P/E GrowthN/A
Sales & Book Value
Annual Sales$7.35 billion
Price / Sales2.34
Cash Flow$3.7826 per share
Price / Cash8.51
Book Value$21.81 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$1.46
Net Income$-98,000,000.00
Net Margins2.23%
Return on Equity6.17%
Return on Assets3.53%
Miscellaneous
Employees12,547
Outstanding Shares533,400,000
Market Cap$17.27 billion
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 Tuesday, July 24th. Shareholders of record on Thursday, September 13th will be given a dividend of $0.14 per share on Thursday, September 27th. This represents a $0.56 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Wednesday, September 12th. 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, July, 26th. The basic materials company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The basic materials company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.76 billion. Newmont Mining had a return on equity of 6.17% and a net margin of 2.23%. Newmont Mining's revenue was down 11.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 earnings per share. 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, October 25th 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?
13 analysts have issued 12 month price targets for Newmont Mining's stock. Their predictions range from $33.00 to $49.00. On average, they anticipate Newmont Mining's stock price to reach $40.75 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Newmont Mining.
What is the consensus analysts' recommendation for Newmont Mining?
13 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Yamana Gold (AUY), Pan American Silver (PAAS), Gold Fields (GFI), 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, 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 many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.53%), Strs Ohio (0.38%), PGGM Investments (0.18%), Scout Investments Inc. (0.14%), Hexavest Inc. (0.07%) and LGT Capital Partners LTD. (0.07%). 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 Bank of Montreal Can, Scout Investments Inc., Aperio Group LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Personal Capital Advisors Corp, Nikko Asset Management Americas Inc. and Rathbone Brothers plc. 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 purchased by a variety of institutional investors in the last quarter, including Strs Ohio, LGT Capital Partners LTD., PGGM Investments, DNB Asset Management AS, Hexavest Inc., Oakbrook Investments LLC, First Manhattan Co. and Seven Eight Capital LP. 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 $32.19.
How big of a company is Newmont Mining?
Newmont Mining has a market capitalization of $17.27 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.
