Newmont(NEM)

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Why Newmont Stock Is A Strong Golden Pick
Seeking Alpha· 2024-04-08 05:25
J Studios/DigitalVision via Getty Images Introduction Looking at recent market trends, it is easy to overlook the fact that the price of gold has suddenly shot up after many years of stagnation and has outperformed the majority of other assets over the past few months: Seeking Alpha, author's notes There might be various arguments why the gold is going up so much: expectations of increased government spending, exemplified by the Biden administration's proposed $7.3 trillion budget for fiscal 2025; a gr ...
Why the Market Dipped But Newmont Corporation (NEM) Gained Today
Zacks Investment Research· 2024-04-04 23:06
Newmont Corporation (NEM) ended the recent trading session at $37.72, demonstrating a +1.32% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.23%. Meanwhile, the Dow experienced a drop of 1.36%, and the technology-dominated Nasdaq saw a decrease of 1.4%.Coming into today, shares of the gold and copper miner had gained 10.74% in the past month. In that same time, the Basic Materials sector gained 7.94%, while the S&P 500 gained 1.61%.The upc ...
Newmont Corporation (NEM) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-21 23:05
The latest trading session saw Newmont Corporation (NEM) ending at $34.53, denoting a +0.67% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Heading into today, shares of the gold and copper miner had gained 2.6% over the past month, lagging the Basic Materials sector's gain of 6.63% and the S&P 500's gain of 5.11% in that time.Market participants will ...
Newmont: I Am Adding This 3% Yielding Miner To My Portfolio
Seeking Alpha· 2024-03-18 17:20
NordrodenNewmont Corporation (NYSE:NEM) is one of the leading companies in the gold production industry. It is included in the S&P 500, carrying a market cap of ~$39 billion and, most importantly, a top-class portfolio of gold and copper. To put this into perspective, NEM has a 30% larger gold reserve resource base than its closest competitor. Similarly, it has a 40% larger copper reserve resource base than the nearest gold producing peer. What is interesting about NEM is that the company possesses the ...
Newmont Corporation (NEM) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-03-13 23:06
Newmont Corporation (NEM) ended the recent trading session at $34.37, demonstrating a +1.45% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.19% loss on the day. At the same time, the Dow added 0.1%, and the tech-heavy Nasdaq lost 0.54%.Coming into today, shares of the gold and copper miner had gained 5.74% in the past month. In that same time, the Basic Materials sector gained 4.67%, while the S&P 500 gained 3.18%.Market participants will be closely following the financia ...
Is Trending Stock Newmont Corporation (NEM) a Buy Now?
Zacks Investment Research· 2024-03-13 14:01
Newmont Corporation (NEM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this gold and copper miner have returned +5.7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Mining - Miscellaneous industry, which Newmont falls in, has lost 2.2%. The key question now is: What could be the stock's future direction?Al ...
Newmont (NEM) Prices $2B Private Offering of Senior Notes
Zacks Investment Research· 2024-03-05 18:36
Newmont Corporation (NEM) and its fully-owned subsidiary, Newcrest Finance Pty Limited, announced the pricing of a private offering totaling $2 billion in aggregate principal amount. The offering consists of $1 billion of 5.3% notes due 2026 (the "2026 Notes") and $1 billion of 5.35% notes due 2034 (the "2034 Notes"). The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, another subsidiary of Newmont. The Offering is expected to close on Mar 7, 2024, subject to customary closing ...
Newmont Announces Pricing of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility
Businesswire· 2024-03-04 22:29
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have priced a private offering (the “Offering”) of $1 billion aggregate principal amount of 5.300% notes due 2026 (the “2026 Notes”) and $1 billion aggregate principal amount of 5.350% notes due 2034 (the “2034 Notes” and, together wit ...
Newmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility
Businesswire· 2024-03-04 13:41
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”). The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmo ...
Newmont(NEM) - 2023 Q4 - Annual Report
2024-02-28 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File Number: 001-31240 NEWMONT CORPORATION (Exact name of registrant as specified in its charter) | Delaware | ...