Newmont Corporation with ticker code (NEM) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 85.7 and 54.81 and has a mean target at $74.20. Given that the stocks previous close was at $48.26 this would imply there is now a potential upside of 53.8%. There is a 50 day moving average of $46.93 and the 200 day moving average is $46.68. The market cap for the company is $38,041m. Visit the company website at: https://www.newmont.com
The potential market cap would be $58,488m based on the market consensus.
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2022, it had proven and probable gold reserves of 96.1 million ounces and land position of 61,500 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
The company has a dividend yield of 3.27% with the ex dividend date set at 8-3-2023 (DMY).
