Investors Must See: Newmont Mining Corporation (NEM)

Gladys Abbott
April 20, 2017

Mitsubishi Ufj Securities Holdings Limited holds 0.02% of its portfolio in Newmont Mining Corp (NYSE:NEM) for 120 shares. Company insiders own 0.22% of the company's stock. It worsened, as 108 investors sold Newmont Mining Corp shares while 164 reduced holdings. Catalyst Capital Advisors LLC acquired a new stake in Newmont Mining Corp during the third quarter valued at about $153,000. 2,006 Newmont Mining Corp (NYSE:NEM) shares with value of $75,285 were sold by MacGowan William N. Exane Derivatives now owns 23,848 shares of the company's stock valued at $937,000 after buying an additional 5,879 shares during the period. Carmignac Gestion increased its position in Newmont Mining Corp by 3.0% in the third quarter. The stock has a consensus rating of "Buy" and a consensus target price of $39.96. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/04/15/somewhat-positive-press-coverage-likely-to-impact-newmont-mining-corp-nem-share-price.html.

Shares of Newmont Mining Corporation (NYSE:NEM) opened at 37.57 on Friday. The volume of 5.12 Million shares climbed down over an trading activity of 6.2 Million shares. Newmont Mining Corporation has a 1-year low of $24.08 and a 1-year high of $46.07. Over the last five days, shares have managed 0.97% gains and now is down -6.03% since hitting its 200-day moving average of $34.7. The company's market cap is $19.94 billion.

Newmont Mining Corporation (NEM) has a mean recommendation of 2.2, according to data compiled by Zacks Investment Research. EPS ratio determined by looking at last 12 month figures is -0.42. The company earned $1.79 billion during the quarter, compared to analysts' expectations of $1.84 billion. The stock of Horizonte Minerals Plc (LON:HZM) earned "Corporate" rating by FinnCap on Tuesday, December 1. For the past 5 years, the company's revenue has grown 5.9%, while the company's earnings per share has grown -20.3%. On average, analysts expect that Newmont Mining Corp will post $1.03 earnings per share for the current year. Consequently, in determining the dividend to be declared and paid on the common stock of the Company, the Board of Directors may revise or terminate such policy at any time without prior notice. Shareholders of record on Thursday, March 9th were issued a $0.05 dividend.

Newmont Mining Corporation (NEM) has an annual dividend of $0.2, while its annual dividend yield is 0.58%. Morgan Stanley downgraded the stock to "Equal-Weight" rating in Tuesday, March 28 report. Newmont Mining Corp's dividend payout ratio (DPR) is -19.42%. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US and global trademark & copyright legislation. If you are reading this piece on another website, it was illegally copied and reposted in violation of USA & global copyright laws. Clarkson Capital initiated the shares of NEM in report on Tuesday, February 16 with "Buy" rating. Newmont Mining Corporation presently has a consensus rating of "Buy" and an average target price of $40.62.

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Newmont Mining Corp (NEM) formed inverse H&S with $36.23 target or 5.00% above today's $34.50 share price. Standpoint Research raised Newmont Mining Corp from a "hold" rating to a "buy" rating and set a $42.00 price objective for the company in a report on Thursday, December 29th.

Newmont Mining Corporation (NEM) has 531.5 Million shares outstanding and 529.85 Million shares were floated in market. The firm has "Sector Perform" rating given on Tuesday, January 10 by Scotia Capital. Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand. Strong earnings growth is essential to a stock's success and has the greatest impact on its future price performance. The stock has "Hold" rating by Jefferies on Thursday, June 2. Following the completion of the transaction, the executive vice president now owns 289,870 shares of the company's stock, valued at approximately $9,919,351.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. $33,050 worth of Newmont Mining Corp (NYSE:NEM) was sold by Goldberg Gary J. The shares were sold at an average price of $34.22, for a total transaction of $435,278.40. Following the sale, the insider now directly owns 334,730 shares in the company, valued at approximately $11,062,826.50. The disclosure for this sale can be found here. They now have a United States dollars 39 price target on the stock.

Relative strength index (RSI-14) for Newmont Mining Corporation (NEM) is at 57.53.

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