# Newmont Corporation Share Price Target ‘$63.94’, now 51.3% Upside Potential - Link: https://www.directorstalkinterviews.com/newmont-corporation-share-price-target-63.94-now-51.3-upside-potential/4121154222 - Published: 2024-05-01T14:21:45+01:00 - Author: Charlotte Edwards **Newmont Corporation** with ticker code (NEM) have now 2 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $68.94 and $58.94 with the average share target price sitting at $63.94. (at the time of writing). Given that the stocks previous close was at $42.26 this indicates there is a potential upside of 51.3%. The 50 day MA is $35.81 and the 200 moving average now moves to $37.83. The company has a market capitalization of 46.86B. The stock price for the company is currently is currently $40.64 USD The potential market cap would be $70,905,323,055 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. Share on: