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

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$35.24 +0.34 (+0.97 %)
(As of 03/26/2019 12:02 PM ET)
Previous Close$34.90
Today's Range$34.54 - $35.31
52-Week Range$29.06 - $41.98
Volume7.69 million shs
Average Volume15.12 million shs
Market Capitalization$18.77 billion
P/E Ratio26.10
Dividend Yield1.62%
Beta0.01
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$7.25 billion
Cash Flow$3.7056 per share
Book Value$21.52 per share

Profitability

Net Income$341 million

Miscellaneous

Employees12,400
Market Cap$18.77 billion
Next Earnings Date4/25/2019 (Estimated)
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 Thursday, February 21st. Shareholders of record on Thursday, March 7th will be given a dividend of $0.14 per share on Thursday, March 21st. This represents a $0.56 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Wednesday, March 6th. View Newmont Mining's Dividend History.

How were Newmont Mining's earnings last quarter?

Newmont Mining Corp (NYSE:NEM) issued its quarterly earnings results on Thursday, February, 21st. The basic materials company reported $0.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.17. The basic materials company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.88 billion. Newmont Mining had a net margin of 4.70% and a return on equity of 6.19%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 EPS. 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, April 25th 2019. View Earnings Estimates for Newmont Mining.

What price target have analysts set for NEM?

14 brokerages have issued 1-year target prices for Newmont Mining's stock. Their forecasts range from $33.00 to $49.00. On average, they expect Newmont Mining's stock price to reach $40.1077 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for Newmont Mining.

What is the consensus analysts' recommendation for Newmont Mining?

14 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 7 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?

News stories about NEM stock have trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog 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 Mining earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company'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 February. As of February 28th, there was short interest totalling 30,231,757 shares, an increase of 20.2% from the February 15th total of 25,149,289 shares. Based on an average trading volume of 14,869,378 shares, the short-interest ratio is currently 2.0 days. Approximately 5.7% of the shares of the stock are short sold. 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 (GOLD), Freeport-McMoRan (FCX), NVIDIA (NVDA), Intel (INTC), Goldcorp (GG), Alibaba Group (BABA), Micron Technology (MU), Wheaton Precious Metals (WPM), Bank of America (BAC) and Cisco Systems (CSCO).

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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.86%), Van ECK Associates Corp (5.86%), Flossbach Von Storch AG (2.66%), FMR LLC (1.79%), Bank of New York Mellon Corp (1.62%) and Geode Capital Management LLC (1.55%). 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 institutional 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 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 institutional investors are buying Newmont Mining stock?

NEM stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Norges Bank, Elephas Investment Management Ltd, Key Square Capital Management LLC, Acadian Asset Management LLC, Bank of New York Mellon Corp and California Public Employees Retirement System. 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 $35.14.

How big of a company is Newmont Mining?

Newmont Mining has a market capitalization of $18.72 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 Mining employs 12,400 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:  594 (Vote Outperform)
Underperform Votes:  807 (Vote Underperform)
Total Votes:  1,401
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 3/26/2019 by MarketBeat.com Staff

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