Newmont Corporation found using ticker (NEM) have now 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 85.79 and 51.87 calculating the average target price we see 68.84. Given that the stocks previous close was at 51.53 this now indicates there is a potential upside of 33.6%. The day 50 moving average is 47.76 and the 200 day moving average is 53.67. The market capitalisation for the company is $41,647m. Find out more information at: https://www.newmont.com
The potential market cap would be $55,638m 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.
