Previous Close | 65.24 |
Open | 65.73 |
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 |
Volume | |
Avg. Volume | 133,050 |
Market Cap | 51.649B |
Beta (5Y Monthly) | 0.30 |
PE Ratio (TTM) | 39.92 |
EPS (TTM) | 1.63 |
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.