Newmont Corporation which can be found using ticker (NEM) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $82.12 and $57.90 and has a mean target at $73.59. Given that the stocks previous close was at $34.58 this is indicating there is a potential upside of 112.8%. The day 50 moving average is $38.69 and the 200 moving average now moves to $41.26. The total market capitalization for the company now stands at 40.34B. The current share price for the company is: $35.00 USD
The potential market cap would be $85,841,841,092 based on the market consensus.
The company has a dividend yield of 3.8%. Other points of data to note are a P/E ratio of -, revenue per share of $13.90 and a 1.77% return on assets.
Newmont Corporation is a gold producer. The Company is also engaged in the production of copper, silver, lead and zinc. The Company operates through five segments: North America, South America, Australia, Africa and Nevada. The North America segment consists primarily of Cripple Creek & Victor (CC&V) in the United States of America, Musselwhite, Porcupine and Eleonore in Canada and Penasquito in Mexico. Its South America segment consists primarily of Yanacocha in Peru, Merian in Suriname, and Cerro Negro, Argentina and has an interest in the Pueblo Viejo mine in the Dominican Republic. The Company’s Australia segment consists primarily of Boddington and Tanami in Australia. Its Africa segment consists primarily of Ahafo and Akyem in Ghana. The Company’s Nevada segment consists of an interest in Nevada Gold Mines (NGM) in the United States. The Company has a gold reserve of approximately 96.1 million ounces.
