|Bid||65.03 x N/A|
|Ask||65.07 x N/A|
|Day's Range||64.87 - 65.89|
|52 Week Range||51.44 - 108.98|
|Beta (5Y Monthly)||0.30|
|PE Ratio (TTM)||39.92|
|Earnings Date||Feb 23, 2023|
|Forward Dividend & Yield||2.99 (4.68%)|
|Ex-Dividend Date||Dec 07, 2022|
|1y Target Est||N/A|
Analysts wonder if Newmont's $17-billion bid for Newcrest will create a company too large for its own good
Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the most likely prospect of a rival to bidder Newmont. But another alternative for Newcrest would be lifting its value through sale of assets, analysts said. Newmont, the world's biggest gold producer, on Monday bid $16.9 billion for Newcrest, whose operations include top-class asset Cadia in Australia and an expanding footprint in North America, Papua New Guinea and Ecuador.