Newmont Corporation found using ticker (NEM) have now 21 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 65 and 45 and has a mean target at 55.88. Given that the stocks previous close was at 55.09 this would imply there is a potential upside of 1.4%. The day 50 moving average is 48.72 and the 200 day moving average is 53. The market cap for the company is $42,965m. You can visit the company’s website by visiting: https://www.newmont.com
The potential market cap would be $43,581m based on the market concensus.
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, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
