Stock Analysis Review: Newmont Mining Corporation (NYSE:NEM)

Geronimo Vena
Marzo 30, 2017

The stock of Newmont Mining Corp (NYSE:NEM) has "Neutral" rating given on Monday, April 18 by Clarkson Platou. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Sell-side analyst recommendations point to a short term price target of $38.82 on the company shares. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

TRADEMARK VIOLATION NOTICE: "Newmont Mining Corp (NEM) Given a $34.00 Price Target by Jefferies Group LLC Analysts" was originally published by Community Financial News and is the property of of Community Financial News. The analyst recommendations from a month ago are 10 Buy, 0 Overweight, 0 Sell, 11 Hold and 0 Underweight. The analysts offering Earnings Estimates for the company were believing that Newmont Mining Corporation (NEM) could bring EPS of $0.33/share. 1,888,712 shares of the company traded hands.

Newmont Mining Corporation (NEM) has a market capitalization of 17.54 Billion.

Newmont Mining Corporation (NYSE:NEM)'s distance from 200 day simple moving average is -10.38 percent, its distance from 50 day simple moving average is -5.75 percent, while its distance from 20 day simple moving average is -1.21 percent. Its 52-week High Value is $46.07 while its 52-week Low value is $25.33. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.06. It has underperformed by 31.82% the S&P500.The move comes after 6 months positive chart setup for the $17.93 billion company. The performance of firm for the quarter recorded as 26.51% and for year stands at -34.02%, while the YTD performance was 10.48%. Newmont Mining Corp's revenue for the quarter was up 23.2% compared to the same quarter past year. Following the sale, the executive vice president now owns 289,870 shares of the company's stock, valued at $9,919,351.40.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 23rd. The ex-dividend date was Tuesday, March 7th.

The stock now has its Annual Dividend of $0.2 and an annual Dividend Yield of 0.61 Percent. Newmont Mining Corp's dividend payout ratio (DPR) is presently -19.42%. If you are reading this piece on another website, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark laws. Newmont Mining Corporation (NEM) is intriguing when broken down to its core data.

In other Newmont Mining Corp news, EVP William N. Macgowan sold 2,006 shares of Newmont Mining Corp stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $35.83, for a total transaction of $53,745.00. Moreover, Deccan Value Investors L.P. has 10.03% invested in the company for 1.33 million shares.

In related news, EVP E Randall Engel sold 12,720 shares of the business's stock in a transaction on Tuesday, February 28th. In a transaction dated March 01, 2017, the shares were put up for sale at an average price of $33.74, raking in a sum of $151,830. The disclosure for this sale can be found here.

The Company ended its last session at $33.91 by Surging 1.28%. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Large investors have recently made changes to their positions in the stock. Based on the stock's volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.83% and month of 2.99%. Catalyst Capital Advisors LLC purchased a new stake in shares of Newmont Mining Corp during the third quarter valued at approximately $153,000. Finally, Westport Asset Management Inc. bought a new stake in Newmont Mining Corp during the fourth quarter worth $188,000.

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