NEM - Newmont Mining

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 6, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana and Peru. Holdings include Santa Fe Gold, Battle Mountain Gold, Normandy Mining, Franco-Nevada Corp and Fronteer Gold. Newmont also has many joint venture relationships. As of the third quarter of 2014, Newmont was the world's second-largest producer of gold, behind only Barrick Gold.

    In 2010, Newmont produced approximately 5.4 million equity ounces of gold annually and held proven and probable reserves of about 93.5 million. Newmont employs approximately 34,000 employees and contractors worldwide. Other metals that the company mines include copper and silver.

    Founded in 1916 by William Boyce Thompson as a diversified holding company, today Newmont remains the only gold company in the Standard & Poor's 500 Index.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Up 9.43% Friday and sitting right at resistance. Nice trends going on if it can break through $36.

    upload_2016-6-4_23-37-48.png
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    Barclays
    Change: Upgrade
    Previous Rating: Equal weight
    Current Rating: Overweight
    Previous Price Target: N/A
    Current Price Target: $45
     
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  4. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (10/26/16)
    Earnings: EPS $0.38 Revenue $1.8B
    Estimates: EPS $0.50 Revenue $1.9B

    Down 1.88% after hours so far
     
  5. heyimsnuffles

    heyimsnuffles Active Member

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    T0rm3nted likes this.
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    1-2 months ago started a strong rally off $32 support.
    [​IMG]
     
  7. LloydWCoutee

    LloydWCoutee Active Member

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    $NEM showing an excellent breakout setup pattern.
    [​IMG]
     

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