Newmont Corporation which can be found using ticker (NEM) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 94.16 and 53.29 calculating the average target price we see $76.66. Given that the stocks previous close was at $40.19 this is indicating there is a potential upside of 90.7%. The 50 day MA is $42.34 and the 200 day moving average is $45.92. The market capitalization for the company is 31.36B. The stock price for the company is currently 39.46 USD
The potential market cap would be $59,817,546,081 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 14.09 and a 1.84% 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.
