Previous Close | 55.01 |
Open | 55.31 |
Bid | 56.96 x N/A |
Ask | 56.98 x N/A |
Day's Range | 55.24 - 57.50 |
52 Week Range | 51.44 - 87.31 |
Volume | |
Avg. Volume | 139,185 |
Market Cap | 45.386B |
Beta (5Y Monthly) | 0.34 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.95 |
Earnings Date | Jul 24, 2023 - Jul 28, 2023 |
Forward Dividend & Yield | 2.18 (3.97%) |
Ex-Dividend Date | May 31, 2023 |
1y Target Est | N/A |
(Bloomberg) -- Newmont Corp., the world’s biggest gold producer, plans to invest a total of $540 million to extend the life of a key mine in Argentina, the government said.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpThe project
In the latest trading session, Newmont Corporation (NEM) closed at $40.40, marking a -0.69% move from the previous day.
Key Insights Newmont's estimated fair value is US$53.88 based on 2 Stage Free Cash Flow to Equity Newmont's US$40.68...
DENVER, May 25, 2023--Today, Newmont Corporation (NYSE: NEM, TSX: NGT) published its 2022 Climate Report, prepared in alignment with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report outlines how Newmont understands and is addressing climate change — from managing physical and transition climate risks and enhancing resiliency within our business, to climate impacts and reducing our greenhouse gas emissions.
Cyclical companies that pay sizable dividends offer a balance of passive income and growth potential.
DENVER, May 19, 2023--Newmont Corporation (NYSE: NEM, TSX: NGT) today announced the appointment of Karyn Ovelmen as Executive Vice President and Chief Financial Officer.
Gold miner Newmont Corp said on Thursday it had appointed Karyn Ovelmen, lead independent director at steelmaker ArcelorMittal, as its chief financial officer. Ovelmen will take over a position that has been vacant for nearly seven months after Baker Hughes Co tapped Newmont's Nancy Buese as its finance chief last year. The appointment also comes at a time when Newmont prepares to complete the acquisition of Australian gold miner Newcrest Mining Ltd in a deal valued at A$26.2 billion ($17.77 billion), one of the world's largest buyouts so far this year.
Gold mining ETFs reported a decline in the past one month following mixed-to-downbeat Q1 earnings results.
Newcrest shareholders will get 0.400 Newmont (NEM) shares for each Newcrest share, as well as a special dividend of up to $1.10 per share paid by Newcrest, representing a 30.4% premium.
Canada's main stock index rose 0.59% on Monday, helped by gains in energy and materials as wildfires hit tightening oil supplies and Newmont Corp's A$26.2 billion ($17.8 billion) buyout of Newcrest Mining Ltd edged closer to the finish line. At the close on Monday, the Toronto Stock Exchange's S&P/TSX composite index was up 120.35 points at 20,539.97. The energy sector rose 1.4% as oil prices hit a dollar a barrel on Monday as the prospect of tightening supplies and Canada and elsewhere rose.
B.C.’s Golden Triangle will be key for world's largest gold producer
Newmont (NEM) has agreed to buy Australian gold and copper miner Newcrest for $17.5 billion. If completed, the acquisition would be the largest-ever gold-mining deal.
The Yahoo Finance Live team breaks down the $19.2 billion deal from gold miner Newmont to acquire Newcrest Mining.
(Bloomberg) -- Gold giant Newmont Corp. secured a A$28.8 billion ($19.2 billion) deal to buy Australian rival Newcrest Mining Ltd., consolidating its position as the world’s biggest bullion producer with mines across the Americas, Africa, Australia and Papua New Guinea. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes Wit
Investing.com -- Stocks were headed higher as investors await clarity on the outcome of debt ceiling negotiations in Washington. Here are the market movers for May 15.
The stock market appeared poised for a positive opening to the week Monday morning. Hopes that officials in Washington might reach resolution on a debt ceiling increase before the U.S. defaults on its sovereign debt helped lift stock market futures by around a quarter percent in premarket trading. Many investors on Wall Street often refer to the concept of Merger Monday, as a high number of deals between companies get finalized over weekends.
U.S. stocks were wobbling as investors await more clarity on the outcome of debt ceiling negotiations in Washington. At 10:57 ET (14:57 GMT), the Dow Jones Industrial Average was flat, while the S&P 500 was also flat and the NASDAQ Composite was up 0.1%. As a deadline looms over the debt ceiling talks, Democrats and Republicans are still hashing out an agreement to raise it.
Investing.com -- Stocks in focus in premarket trade on Monday, May 15th. Please refresh for updates.
SYDNEY (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, and catapult the miner past Freeport McMoRan to become the largest U.S. gold and copper producer by market capitalisation. Newcrest shareholders would receive 0.400 Newmont share for each share held, with an implied value of A$29.27 a share, higher than a previous exchange ratio of 0.380 that Newcrest's board rejected in February.
DENVER, May 14, 2023--Newmont Enters into Definitive Agreement to Acquire Newcrest
Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, and catapult the miner past Freeport McMoRan to become the largest U.S. gold and copper producer by market capitalisation. Newcrest shareholders would receive 0.400 Newmont share for each share held, with an implied value of A$29.27 a share, higher than a previous exchange ratio of 0.380 that Newcrest's board rejected in February.
(Bloomberg) -- The momentum has been building for years, but this week made it official: the epicenter of the gold mining industry now lies firmly in New York.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionThe announcement that top-five producer AngloGold Ashanti Ltd.
(Bloomberg) -- AngloGold Ashanti Ltd. is speeding its retreat from South Africa, where the gold miner was formed more than a century ago, with plans to list in New York and make London its new headquarters.Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoYellen Says ‘We Have to Default’ on Something If Congress FailsKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Vir
Miner AngloGold Ashanti will move its primary listing to New York from the Johannesburg Stock Exchange (JSE) to get access to a larger pool of capital and reduce risk associated with South Africa, it said on Friday. The gold miner has shifted its focus to more lucrative mines in Ghana, Tanzania, the Democratic Republic of Congo as well as Australia and the Americas as mining in South Africa becomes more difficult and costly due to geological challenges posed by mining some of the world's deepest gold deposits.