Newmont Corporation with ticker code (NEM) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $82.41 and $58.12 with the average target price sitting at $68.18. Now with the previous closing price of $31.25 this would imply there is now a potential upside of 118.2%. The day 50 moving average is $35.74 and the 200 day MA is $39.01. The market cap for the company is 36.81B. The stock price is currently at: $31.94 USD
The potential market cap would be $80,311,743,713 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 $14.05 and a 0.94% 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.
