# Newmont Corporation – Consensus ‘hold’ rating and 77.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/newmont-corporation-consensus-hold-rating-and-77.1-upside-potential/4121134774
- Published: 2023-12-01T11:41:34+00:00
- Author: Charlotte Edwards

**Newmont Corporation** which can be found using ticker (NEM) have now 3 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘hold’.
The range between the high target price and low target price is between $81.64 and
$52.61 calculating the average target price we see $71.50. Given that the stocks
previous close was at $40.38 this would indicate that there is a potential upside
of 77.1%. There is a 50 day moving average of $37.82 and the 200 moving average 
now moves to $42.26. The market capitalization for the company is 46.32B. The stock
price for the company is currently $40.19 USD

 The potential market cap would be $82,015,301,230 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 $13.90 and a 1.8% 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.

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