# Newmont Corporation – Consensus ‘hold’ rating and 96.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/newmont-corporation-consensus-hold-rating-and-96.7-upside-potential/4121129254
- Published: 2023-10-12T12:42:27+01:00
- Author: Charlotte Edwards

**Newmont Corporation** with ticker code (NEM) have now 3 analysts in total covering
the stock. The consensus rating is pointing to ‘hold’. The range between the high
target price and low target price is between 92.88 and 52.57 calculating the mean
target price we have $75.62. Now with the previous closing price of $38.44 this 
is indicating there is a potential upside of 96.7%. Also worth taking note is the
50 day moving average now sits at $38.93 and the 200 day MA is $44.58. The market
capitalization for the company is 31.05B. The stock price is currently at: 39.11
USD

 The potential market cap would be $61,088,803,892 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 14.09 and a 1.84% 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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