Newmont Corporation which can be found using ticker (NEM) have now 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $80.00 and $46.98 calculating the mean target share price we have $54.66. (at the time of writing). Given that the stocks previous close was at $47.71 and the analysts are correct then we can expect a percentage increase in value of 14.6%. The 50 day moving average now sits at $44.59 and the 200 day moving average is $39.31. The total market capitalization for the company now stands at 55.98B. Currently the stock stands at: $48.79 USD
The potential market cap would be $64,138,271,063 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 $14.58 and a 2.79% 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.
