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

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$35.27 -0.12 (-0.34 %)
(As of 02/21/2019 03:54 PM ET)
Previous Close$35.39
Today's Range$34.48 - $36.10
52-Week Range$29.06 - $41.98
Volume10.71 million shs
Average Volume6.42 million shs
Market Capitalization$18.79 billion
P/E Ratio24.16
Dividend Yield1.62%
Beta0.05
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

Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
CUSIP65163910
Phone303-863-7414

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.35 billion
Cash Flow$3.8844 per share
Book Value$21.81 per share

Profitability

Net Income$-98,000,000.00

Miscellaneous

Employees12,547
Market Cap$18.79 billion
Next Earnings Date2/21/2019 (Confirmed)
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 announced a quarterly dividend on Wednesday, October 24th. Investors 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 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, December 5th. View Newmont Mining's Dividend History.

How were Newmont Mining's earnings last quarter?

Newmont Mining Corp (NYSE:NEM) issued its quarterly earnings data on Thursday, February, 21st. The basic materials company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.15. The basic materials company earned $2.05 billion during the quarter, compared to the consensus estimate of $1.88 billion. Newmont Mining had a negative net margin of 2.63% and a positive return on equity of 6.19%. The firm's revenue was up 5.8% on a year-over-year basis. During the same period last year, the business posted $0.39 earnings per share. 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 21st 2019. View Earnings Estimates for Newmont Mining.

What price target have analysts set for NEM?

16 Wall Street analysts have issued 1 year price objectives for Newmont Mining's shares. Their forecasts range from $33.00 to $49.00. On average, they expect Newmont Mining's share price to reach $41.5333 in the next twelve months. This suggests a possible upside of 17.2% 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?

Media headlines about NEM stock have trended positive on Thursday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Newmont Mining earned a news impact score of 2.3 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Newmont Mining?

Newmont Mining saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 23,413,235 shares, an increase of 62.4% from the January 15th total of 14,419,284 shares. Based on an average daily volume of 8,232,754 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.4% of the shares of the stock are sold short. View Newmont Mining's Current Options Chain.

Who are some of Newmont Mining's key competitors?

What other stocks do shareholders of Newmont Mining own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont Mining investors own include Barrick Gold (ABX), Freeport-McMoRan (FCX), Intel (INTC), NVIDIA (NVDA), Goldcorp (GG), Alibaba Group (BABA), Wheaton Precious Metals (WPM), Bank of America (BAC), Cisco Systems (CSCO) and Micron Technology (MU).

Who are Newmont Mining's key executives?

Newmont Mining'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 Mining's major shareholders?

Newmont Mining's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.86%), Van ECK Associates Corp (5.86%), Flossbach Von Storch AG (2.66%), Bank of New York Mellon Corp (1.62%), Geode Capital Management LLC (1.55%) and APG Asset Management N.V. (1.51%). 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 Van ECK Associates Corp, Bank of Montreal Can, Standard Life Aberdeen plc, Carmignac Gestion, Toronto Dominion Bank, Commerzbank Aktiengesellschaft FI, Thrivent Financial for Lutherans and Millennium Management LLC. Company insiders that have sold Newmont Mining company stock in the last year include 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 BlackRock Inc., Oregon Public Employees Retirement Fund, Elephas Investment Management Ltd, Key Square Capital Management LLC, Acadian Asset Management LLC, Bank of New York Mellon Corp, California Public Employees Retirement System and Investec Asset Management LTD. 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 $35.4250.

How big of a company is Newmont Mining?

Newmont Mining has a market capitalization of $18.87 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:  575 (Vote Outperform)
Underperform Votes:  798 (Vote Underperform)
Total Votes:  1,373
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 2/21/2019 by MarketBeat.com Staff

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