# Newmont Corporation  Share Price Target ‘$63.87’, now 35.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/newmont-corporation-share-price-target-63.87-now-35.7-upside-potential/4121165896
- Published: 2024-07-24T15:58:38+01:00
- Author: Charlotte Edwards

**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.

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