Newmont Corporation with ticker code (NEM) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $68.39 and $59.34 and has a mean share price target at $63.87. (at the time of writing). Now with the previous closing price of $47.07 and the analysts are correct then there would likely be a percentage uptick in value of 35.7%. The 50 day MA is $43.19 while the 200 day moving average is $38.69. The market capitalization for the company is 54.50B. The stock price for the company is currently $47.26 USD
The potential market cap would be $73,948,344,991 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 $14.14 and a 1.54% 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.
