Quick Look at NEM

By Naomi Wentworth • Wednesday, October 19 12:00 • Permanent Link

Shares of Newmont moved 1.4% today, and are now trading at a price of $41.31. In contrast, the S&P 500 index saw a 2.6% change and the Dow Industrial Average posted a 3.3% performance. Today's trading volume was 7,140,012 compared to the stock's average volume of 10,325,326.

Newmont Corporation engages in the production and exploration of gold. Based in Denver, the company has 14,400 full time employees and a market cap of $32,942,041,088. Newmont currently offers its equity investors a dividend that yields 4.3% per year.

The company is now trading -63.89% away from its analyst target price of $114.41 per share. The one analyst following the stock has given Newmont a rating of buy.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.