Economy

Newmont Mining Corporation (NYSE:NEM) Quarterly Analysis

Ww Asset Management Inc holds 0.05% of its portfolio in Newmont Mining Corp (NYSE:NEM) for 49,059 shares. Van Eck Associates Corp sold 7.20 million shares as the company's stock declined 9.13% while stock markets rallied.

Van Eck Associates Corp decreased its stake in Newmont Mining Corp (NEM) by 19.91% based on its latest 2017Q2 regulatory filing with the SEC. Smith Affiliated Capital Corp. increased its position in Newmont Mining Corporation by 8.6% in the 2nd quarter. To measure price-variation, we found NEM's volatility during a week at 1.29% and during a month it has been found around 1.59%. Whereas, in last 21 trading days (one month) was climbed -1.37% and surged in last 63 trading days (quarter) of 3.12%. Suntrust Banks Inc. now owns 65,794 shares of the basic materials company's stock worth $2,130,000 after buying an additional 331 shares in the last quarter. The FCF Score of Newmont Mining Corporation (NYSE:NEM) is 1.308515. Capital Fund Mngmt Sa owns 1.18 million shares. After a recent check, it is observed that the insiders for the firm now own 0.30% shares. Institutional investors and hedge funds own 80.61% of the company's stock. It improved, as 73 investors sold NEM shares while 157 reduced holdings. Overall, the share price is up 10.76% so far this year.

The ability to consistently grow earnings at a high compound rate is a defining characteristic of the best companies for long-term investment.

Active and passive investors always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data. It now trades at $0.13 and has returned -4.66% during the past week. The shares were sold at an average price of $36.59, for a total transaction of $73,436.13. The company has experienced volume of 4,013,199 shares while on average the company has a capacity of trading 4.65M share. Antares Pharma, Inc.'s beta is 0.31 whilst the stock has an average true range (ATR) of 0.24. Moreover, Bank Of New York Mellon has 0.09% invested in Newmont Mining Corp (NYSE:NEM). If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & worldwide trademark and copyright legislation.

Interest in Newmont Mining Corporation (NYSE:NEM) has gathered pace in recent weeks as a result of the underlying changes in the state of insider activity. During the last 52 weeks, the (NYSE:NEM) price has been as high as $39.62 and as low as $30.19. The company has a 50-day moving average of $38.05 and a 200-day moving average of $35.40. The company has market cap of $1.30 billion. With many preferring that Newmont Mining Corporation reinvest its earnings back into its trade to fuel future growth, a lot acknowledges a generous cash dividend payment. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of Newmont Mining Corporation by 0.4% in the first quarter. The co's performance for 6 months was surged of 13.62%, 1-year performance stands at 2.81% and year to date showing surged performance of 9.69%. Newmont Mining Corporation (NEM) has an EBITDA margin of 5.7%. EPS ratio determined by looking at last 12 month figures is 0.41. On a percent-of-sales basis, NEM's free cash flow was 4.69% while LODE converted -0.04% of its revenues into cash flow.

Newmont Mining Corporation (NYSE:NEM) is standing on a contradictory position.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Friday, December 8th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.81%. Standpoint Research upgraded Newmont Mining Corp (NYSE:NEM) on Thursday, December 29 to "Buy" rating. Newmont Mining Corporation's payout ratio is -19.42%. On Monday, October 2 the stock rating was maintained by RBC Capital Markets with "Hold". Bank of America Corporation raised Newmont Mining Corporation from a "neutral" rating to a "buy" rating in a research report on Monday, November 28th. Also, it has an estimated price-earnings (P/E) multiple of 27.63 and a trailing 12-month price-earnings (P/E) multiple of 91.68. It had closed the previous session at $37.37. Zacks Investment Research raised shares of Newmont Mining Corporation from a "hold" rating to a "buy" rating and set a $41.00 target price on the stock in a research note on Monday, July 31st. Newmont Mining Corporation now has an average rating of "Buy" and a consensus target price of $40.59. NEM is now priced at a -11.66% to its one-year price target of 42.03.The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.30 for NEM and 2.00 for LODE, which implies that analysts are more bullish on the outlook for NEM.

Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper.



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