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Newmont Corporation (NEM)

NYSE - Nasdaq Real Time Price. Currency in USD
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62.65-0.69 (-1.08%)
As of 2:11PM EST. Market open.
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  • D
    Dan
    Markets closed on Monday (MLT day)............. NEM is the perfect hedge going into the next turbulent week............. earnings-run-up starting after todays options expiration............ decent earnings-call coming up................. plus nicely increased dividends.................. plus yesterdays new stock buyback programm...................... what else can you wish for..............

    https://www.newmont.com/investors/events-and-presentations/default.aspx
    Newmont Corporation - Investors - Events & Presentations
    www.newmont.com
  • J
    Joe
    First Majestic Silver Corp.
    #NEM announces another $1 billion share buy back after completing 2020 $1 billion buy back.
  • m
    mentor
    The best and most reliable goldminer in the world will rise to $80 and when gold jumps to $2300, NEM will be near $100.
  • D
    Dan
    Gold is the real hedge (forget about bitcoin)............ Gold mining companies with a lever to gold, increased quarterly dividends (see NEM's recently adjusted dividend-policy, plus resumption of the huge stock repurchase-programm).......................
  • D
    Dan
    Check out todays NEM-news (new stock buy-back programm over $1 billion):

    https://www.newmont.com/investors/news-release/default.aspx
    Newmont Corporation - Investors - News Releases
    www.newmont.com
  • m
    mike1
    NEM $ 1 B share buyback program .
  • R
    Remmy
    again I'm not that bright so with a little help and I do like this might be and is what I'm talkin about for a future that helps on both sides of our equation...........Infrastructure for farming and CLEAN & GREEN for pipelines pumping stations to carry flooded Waters to areas in need distillation plants if needed, storage tanks 4 fires in remote areas and to offset situations like we have at the border right now for drinking water Mother Nature gives us lots of rain we should be collecting, using using the water to turn a water wheel and when were not in a flooded crisis use the ocean water, which in turn will turn a generator which will give us electricity for helping us to make an artificial Mother Nature now there's something for technology to help us with😎, this is off the top of my head I'm sure there are many avenues that this could run pipeline throughout the country order which is our most valuable resource besides people clean water baby for everyone😎😎
    Jobs for DECADES turning the project into a tourist attraction WATERFALL 😎
  • D
    Dan
    Stock buyback programm over $1 billion: At todays prices of approximately $62,50 NEM will be able to buyback over 16 million (!) NEM-shares on the open market..............................
  • W
    William
    $IAG conversation
    Rates going up spells bad news for our economy. Higher rates hurt the housing market, causes US debt payments to increase, and equities to fall as business profits drop. Because of high rates, FED has to print more dollars to purchase more and more treasuries, bonds and notes as inflation jumps. Inflation happens to be good for gold. To counter all this, investing NOT in $BTC but in gold miners $BTC, $IAG, $WPM, $NEM, $AUY, $VGZ
  • D
    Dan
    www.newmont.com is $62,85 (+ 0,58%) in pre-market................ uptrend initiated as we're heading into earnings and conference-calls in coming weeks..................................
  • P
    Philip
    All CEO 's of all big gold producers should ask a inquiry how the gold price is manipulated on the paper gold market. Also the World Gold Council should ask a investigation about what happened on januari 8th. Someone wants gold down and bitcoin up ! Who, what, I don't know.
  • D
    Dan
    www.newmont.com is coming up with decent Q4-earnings in a few weeks. Nice numbers to expect at these levels of spot gold............. stay the course and be rewarded...................... After 10% gain this week alone, today some profit taking from weak hands.................. strong buy NEM and let's move to next legs up (this is how uptrends work: 2 steps for, 1 step back, 2 steps for, 1 step back, 2 steps for, 1 step back, 2 steps..............
  • b
    bruno
    Imagine that you change your gold for bitcoin last Friday !!!! With all those bitcoin pumpers here , Some people decided to be the bag holders !!! I think that newbies should find this experience a little bit stressing today !
  • N
    Napalm
    Fyi. How undervalued is the entire uranium sector at the moment?

    The entire market cap of uranium sector (17 billion$) =
    - 2% of the market cap of Tesla $TSLA (834 billion$)
    - 39% of the market cap of Barrick Gold $GOLD (43 billion$)
    - 34% of the market cap of Newmont $NEM (50 billion$)
    - 9% of the market cap of Exxon Mobil $XOM (192 billion$)
    - 10% of the market cap of Chevron $CVX (175 billion$)
    - 14% of the market cap of Boeing $BA (118 billion$)

    While:
    - Demand for uranium is price inelastic!
    - The uranium demand and supply need a +-60$/lb uranium price in the long term to get back in equilibrium (today uranium price sits around 30$/lb)
    - A lot of long term supply contracts of western utilities need to be renewed in coming years==> price discovery is coming, because uranium miners will not restart existing mines and surely not take the risk in building a new mine without the cover of signed off take agreements before the start
    - A lot of new reactors are build in China, India,… New reactor cores need 3 times the normal fuel renewal of an existing reactor

    The question isn't IF it (uranium price go back to at least 60$/lb) will happen, but WHEN it will happen

    Not suggesting to sell positions on other stocks, just mentioning this for those looking for new opportunities at the moment

    Cheers
  • b
    better
    $AUY conversation
    The events of the past 24 hours — Dems taking control of the Senate and the US Capitol insurrection — could well be the trigger that sets off the next 2-3 month long gold & silver rally! #GOLD #AUY #AE #WPM #NEM #KL
  • D
    Dan
    10 more minutes to accumulate for discount prices.......... next week already much higher........... be smart and buy today..........
  • e
    eric
    Bitcoin goes up $2000 in a hour. It took gold thousands of years to get to $2000. Seems like that could be a problem when the crash happens. Also, Tesla will crash hard.