Newmont Corporation with ticker code (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 85.34 and 60.53 calculating the average target price we see 72.93. With the stocks previous close at 46.3 this would indicate that there is a potential upside of 57.5%. The 50 day moving average now sits at 49.73 and the 200 day MA is 50.86. The market cap for the company is $36,393m. Find out more information at: https://www.newmont.com
The potential market cap would be $57,325m 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.
